By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.

Nexo

Crypto Lending Platform

Nexo provides rapid cash loans to its customers through crypto lending.

Nexo

Overview

What is

Nexo

Nexo provides rapid cash loans to its customers through crypto lending.

Nexo

fees

Taker fee =
Maker fee =

Nexo

supported currencies

Website
Nexo
Twitter
@Nexo
Available in the US?
Year founded
2018
Accepted payment forms for
Nexo
No items found.

Pros

  • Its website and mobile app are both simple to use.
  • Business accounts receive full assistance.
  • The user can withdraw the funds at any moment because there is no lock-in period.
  • Withdrawal, platform, and transaction costs are all waived.
  • $375 million in insurance and ledger vault custodianship.
  • Nexo tokens have a 30% interest rate, which means the user can earn an extra 30%.
  • Everyday transactions with a free Nexo card.
  • High-yield savings accounts earn up to 12% interest on coins and fiat currencies.

Cons

  • When compared to its competitors, it has fewer educational resources.

Features

  • High security with Two factor authentication
  • Easy repayment

Nexo

Review

What is Nexo?

Nexo, which was founded in 2018 by Antoni Trenchev, Georgi Shulev, and Kosta KAntchev, is a known platform that allows consumers to earn compound interest on their daily-paid cryptocurrency and also serves as a loan and borrowing platform.

It employs protocols and blockchain technology on the platform to process transactions, despite not being considered a decentralized app. The user can not only earn money by earning interest on their crypto and fiat currencies like USD, GBP, and EUR, but they can also borrow cryptocurrencies by using their crypto coins as collateral. 

Nexo provides rapid cash loans to its customers through crypto lending, with amounts ranging from $10 to $ 2 million. The lending platform allows users to borrow at no cost, lending Bitcoin, stablecoins, or cash, and the service is also flexible with repayment, requiring no credit checks and making it accessible to crypto holders.

Additionally, it offers also, high-interest savings accounts in cryptocurrencies and fiat currencies such as EUR, USD, and GBP with customer's funds protected by an insurance policy. This allows the user to earn up to 12% interest on their fiat and cryptocurrency balances. These monies are either added to the user's saving wallet or transferred to another account.

You can use the Nexo card to spend the value of your digital assets without selling them. Many companies throughout the world accept Nexo's card, and it also offers 2% cashback on transactions made with its partnered businesses.

Year Founded: 
2018
Check out Nexo now
@Nexo

Nexo

FAQs

Is
Nexo
centralized or decentralized?

Nexo

is a

Crypto Lending Platform

Is
Nexo
available in the US?

Yes,

Nexo

is available for users in the United States.

No,

Nexo

is not available for users in the United States.

How many cryptocurrencies does
Nexo
support?

Nexo

supports

How many collections does
Nexo
support?

Nexo

supports

Customer Reviews Of 

Nexo