Update! Free Withdrawals Are Back & Borrowing Minimums Are Just $50

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As you are aware, we recently limited free crypto withdrawals due to congestion of the Ethereum blockchain and skyrocketing gas fees and raised the minimum borrowing amount to a temporary $5000.

Thanks to our team’s astute efforts, we were able to implement an efficient solution ahead of schedule and are thrilled to once again bring you prime withdrawal conditions in a sustainable manner.

The details:

• We have raised the monthly free crypto withdrawal limits to 5 for the Platinum tier, 3 for the Gold tier, 2 for the Silver tier, and 1 for the Base tier.
• The minimum borrowing amount for our Instant Crypto Credit Lines™ is now just $50 when withdrawing in stablecoins.
• Credit withdrawn in stablecoins will be sent directly to your Nexo Wallet in a matter of seconds.
• If you use your credit line for leverage, you can easily and instantly tap into the Nexo Exchange.
• Should you wish to send funds from your Nexo Wallet to an external wallet or exchange, you can do so through the standard withdrawal feature.

We will continue working on the resilience and sustainability of our operations in the weeks, months and years to come, and will keep you updated on our progress.

Originally published at https://nexo.io.

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Update! Free Withdrawals Are Back & Borrowing Minimums Are Just $50 was originally published in Nexo on Medium, where people are continuing the conversation by highlighting and responding to this story.