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Bulgaria-based Nexo lists token on Binance

Bulgaria-based Nexo lists token on Binance Stack of cryptocurrencies. License by marcoverch, Creative Commons CC BY 2.0.

SOFIA (Bulgaria), April 29 (SeeNews) - Sofia-headquartered digital assets platform Nexo said that it listed on Friday its NEXO Token on Binance, the world's largest crypto exchange.

The trading pairs available upon the initial listing of the NEXO Token on Binance include NEXO/BTC, NEXO/USDT, and NEXO/BUSD, Nexo said in a press release.

Binance will open NEXO withdrawals on April 30 at 10:00 UTC. ​​Deposits and withdrawals of the ERC-20 and Polygon network NEXO Tokens will be supported.

The listing follows NEXO Token’s additions to FTX, Bitstamp, Bitfinex, and other exchanges and decentralized crypto exchanges.

Founded in 2017, Nexo is a regulated cryptocurrency borrowing and exchange platform, offering credit lines, trading and over-the-counter (OTC) capabilities as well as a a crypto wallet.

In December 2021, the company announced it is the first crypto lender to introduce crypto credit backed by NFTs, as a results of its partnership with Singapore-based hedge fund Three Arrows Capital.

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