I've been using NEXO for months, but I'm thinking of diversifying into Celsius, they have a different concept then NEXO, they share 80% of their revenue with their depositors, so the interest rates will go up with time, and the CEO is much more communicative than the NEXO team... I had 0 communication from them for months, they literally disappeared from the map, while on Celsius I saw the CEO on the unnoficial telegram the first day. (unoficial because he wanted to let the comunity talk as much as they wanted, decentralizing the whole thing, he wants to let the product speak for itself)

Celsius is very honest and transparent, they always share how many assets they have and how many loans, etc... and their CEO is the guy who created VOIP... freaking VOIP who bankrupted businesses that were exploring people, he created a couple of multi-million/billion dollar companies after, and now he says he wants to go against banks with what he calls MOIP(money over internet protocol AKA crypto) and turn the way banks share their profits inside out.

The guy is awesome, he literally said on stage "This is War people, crypto is a War against the centralized cartel banking system"

The NEXO team makes me doubt too much if what they are doing is honest, how many assets they have (they never released anything), I would rather diversify into Celsius, even though they don't force the profits to go to their CEL token like NEXO does, they do put the mechanisms in place so that people choose to earn their interest in Celsius instead of other cryptos.

DYOR ofc

I should prob do a whole post about CEL... and another about NEXO too