Why does the Nexo exchange work with a hidden fee rather than being open about it and will this rate change in the future??

According to Nexo: There is no concept of hidden fees. They pioneered the 0-fee policy. They are very transparent of all charges they make. The hidden fee is referring to Spread. Has to do with bid/ask on exchanges (do not forget, the Nexo Exchange takes the best available price from numerous third party exchanges to give you the best rate at the time), this spread is not something that Nexo determines.

August 21, 2022
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