{"id":22347,"date":"2022-03-29T16:44:36","date_gmt":"2022-03-29T15:44:36","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=22347"},"modified":"2022-03-29T16:44:42","modified_gmt":"2022-03-29T15:44:42","slug":"crypto-lending-firm-nexo-integrates-apecoin","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/crypto-lending-firm-nexo-integrates-apecoin\/","title":{"rendered":"Crypto lending firm Nexo\u00a0 integrates Apecoin into its yield-earning assets"},"content":{"rendered":"\n
Nexo has announced its support for Apecoin<\/a> (APE), the official cryptocurrency of Bored Ape Yacht club by adding the coin to its list of yield-earning assets.<\/h5>\n\n\n\n
\"Crypto
Crypto lending firm Nexo\u00a0 integrates Apecoin into its yield-earning assets<\/figcaption><\/figure>\n\n\n\n

The announcement came with several promises which include a 12% Return-On-Investment, access to loans and a o.5% cashback for the Bored Ape Yacht club fans who buy the Apecoin \r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>on the Nexo platform.<\/p>\n\n\n\n

Nexo\u2019s support for Apecoin<\/h2>\n\n\n\n

Nexo\u2019s support for Apecoin isn't much of a surprise in the crypto world as the crypto loan and exchange platform has recently been tagged as the \u201cbest crypto wallet. Its support for Apecoin has earned it a new title as the \u201cfirst crypto loan platform to offer APE holdlers rewards of up to 12% APR\u201d<\/p>\n\n\n\n

Accounts listed in the Base tier of Nexo's Loyalty program will earn rewards starting at 8%, according to the press statement from the crypto lending firm. This means that user rewards grow as their Loyalty tier grows.<\/p>\n\n\n\n

Here's a comparison of Nexo's yield rates to the market's standard\u00a0yield rates.<\/p>\n\n\n\n