NetworkNewsBreaks – Nebeus Adds AVAX-Backed Loans

Nebeus, the cryptocurrency and crypto-backed lending app, continually seeks innovative methods to help clients to grow and enhance their crypto investments. While Nebeus users have previously been able to buy, sell, trade, and exchange Avalanche (“AVAX”), AVAX can now be used as collateral for Nebeus crypto-backed loans. According to the announcement, the new feature allows users to borrow against their Avalanche investments. Nebeus AVAX-backed loans include Quick Loans that are immediate, pre-approved and come directly from Nebeus’s treasury, offering a 50% loan-to-value ratio at 0% interest for three months. In addition, Flexible Loans are tailored to individual requirements, allowing customers to borrow up to 80% LTV in FIAT money or crypto up to a maximum of 250,000 and with loan terms ranging from one to 36 months. Flexible Loans are zero risk as they are covered by a 10-day buffer period to take action in the event of a margin call, with all deposited collateral insured for up to $100 million by Lloyd’s of London. Best of all, Nebeus users have the ability to activate an Auto Margin Call Management option, which allows Nebeus to automatically manage crypto collateral if approaching a margin call. To view the full press release, visit https://nnw.fm/uNgdv About Nebeus Nebeus is a leading European cryptocurrency and crypto-backed lending app and desktop platform that allows users to utilize their crypto investments to get instant loans in FIAT currencies, stablecoins and crypto. Additionally, Nebeus offers an ecosystem of cryptocurrency services that let users exchange crypto, earn using their crypto, and even buy $100M insurance for their Bitcoin and Ethereum. For more information, visit https://ccw.fm/3I6Ef. About NetworkNewsWire NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge. To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only) For more information please visit https://www.networknewswire.com Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer NetworkNewsWire (NNW) New York, New York www.networknewswire.com 212.418.1217 Office Editor@NetworkNewsWire.com NetworkNewsWire is part of the InvestorBrandNetwork