Nexo, a FinTech group powered by Credissimo, announced that Binance Coin [BNB] will be accepted as collateral for the crypto-backed loans it launched recently. According to Nexo’s post on Medium, Binance and Nexo have a huge common customer base that they serve.
When Nexo in its token sale first indicated Binance to be its preferred choice for its crypto-backed loans, it proved Nexo’s dedication in listening to its customers. This is the primary reason why Nexo has decided to closely integrate Binance’s native coin BNB in its crypto loan plan.