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NEXO

Nexo: Exchange restricted to BTC pair, app allows full trades

I like Nexo's token, but I noticed trading restrictions on the exchange: trading is limited to the BTC/NEXO pair for buys and sells, while USDT/NEXO only allows buying.

On the mobile app I can trade without those limitations, so the platform mismatch is noticeable and could affect liquidity and execution for exchange users.

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Analysis

Platform-specific pair restrictions likely reduce exchange liquidity and price discovery, forcing users to route through BTC and risking higher slippage and fees; the app's full access points to an ex...

Recommendation

Check orderbook depth and fees before trading on the exchange, prefer the app for USDT-based trades if available, and contact support for clarification; avoid large market orders on the BTC pair to li...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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