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Nexo is a platform focused on cryptocurrency savings, thus allowing you to generate interest on your crypto investments. In addition, it is possible to borrow instantly with Nexo's crypto credit lines. The platform is very secure and provided by a fund of 375 million dollars.

The interface is clean and easy to use, you will quickly find out how to use the various Nexo services.
The platform has not diversified itself too much in terms of services, but those it offers are of very good quality. The rates on crypto savings are among the highest in the market.
Almost 30 assets are available in savings, which is very nice. In the case of borrowing, the platform can provide you with funds via bank transfer or stablecoin (USDC or USDT).
Security seems optimal with Nexo, no problem has to be declared for the moment. In addition, the platform has a large insurance fund.
Nexo does not bring real innovation, but is constantly adding new investment offers.
The help center is generally good, the support will be able to help you in case of problems.
Last Update

November 4, 2021

Founder(s)

Antoni Trenchev, Kosta Kanchev, Vasil Pretrov

Nexo Creation Date

2017

Headquarters Address

London, Great Britain

Rating:

Ergonomics and ease of use

5/5

Choice and quality of available services

4/5

Possible diversification within the services

4/5

Security mechanisms and past vulnerabilities

5/5

Ability to provide new solutions and services

3/5

User support and help available

4/5

Services:

0
Service Tags
Buy & Sell Crypto with FIAT
Saving
Swap
Borrowing
Multilingual
Mobile App
Governance
Documentation

Payment Methods:

Bank Transfer
Credit Card

Compatible Blockchains:

Bitcoin
Ethereum
Binance Smart Chain
Cardano
Solana
Polkadot
Tron

Utility Token:

Benefits:
Interest Discount

Get up to 50% lower interest rates on your credit line withrawals.

Bonus Yields

Get preferential yields of up to 2% APY on crypto, FIAT and stablecoins, plus an extra 2% interest when opting receive yuor payouts in NEXO tokens.

Free Withdrawals

Enjoy up to 5 free crypto withdrawals, depending o, the number of NEXO tokens in your walet.

Governance

Each token you hold gives you one vote, so the more NEXO tokens you own, the greater say you will have in how the Nexo platform is developed in the future.

Community rating:

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