Earn Promo: Get Up to 13% APR on TRON (TRX)

May 20·3 min read
Product
Earn Promo: Get Up to 13% APR on TRON (TRX)

Looking for an effective remedy against the bear market blues? The Nexo first aid kit includes rates of up to 13% APR on TRX! The promotion is valid until June 20 and the requirement is simple - hold TRX in your Nexo Wallet. The promo rates for the different Loyalty tiers are:

  • Platinum: Маximum rate – 13%. Standard rate – 10%.
  • Gold: Маximum rate – 11%. Standard rate – 9%.
  • Silver: Маximum rate – 9.50% Standard rate – 8.25%
  • Base: Маximum rate – 9%. Standard rate – 8%.

How to Get the Maximum Rate?

The recommended dosage for TRX holders is 13% APR. To get it, you need to become Platinum user by having at least 10% of your portfolio in NEXO Tokens. Additionally, you need to lock your TRX in a Fixed Term. Here’s how to do it:

  1. Open the Nexo app or the web platform.
  2. Select TRX.
  3. Tap the “Manage Wallets” button and select “Fixed Terms”.
  4. Tap the “Create Fixed Term” button.
  5. Choose the Fixed Term, enter the amount you want to lock and tap “Create Term”.

To start earning 13% APR you’ll also need to receive your interest in NEXO Tokens. You can learn more about our Loyalty Program here.

How to Buy TRON (TRX) on Nexo?

In case you don’t have TRX in your crypto portfolio, it takes seconds to add it.

  1. Tap on the “Add Funds” button on your Dashboard.
  2. Choose the “Credit/Debit Card” option and select TRON (TRX).
  3. Enter the amount you’d like to spend in your preferred currency – USD, EUR or GBP.
  4. Press “Continue” and fill in your card details to complete your purchase.

How to Top Up TRX on Nexo?

If you prefer to move your TRON to Nexo from an external wallet, you can do it with near-zero fees via the Tron network.

  1. Log in to your Nexo account and go the Wallet tab.
  2. Tap on TRX and select the "Top Up" button.
  3. Select the Tron network and copy your address.
  4. Paste your deposit address in the "send to/withdrawal address" field on the platform/wallet from which you will transfer TRX to your Nexo account. Make sure you select the Tron network on the platform/wallet you are sending your assets from, to avoid losing your funds.

You will see your TRON in your Nexo wallet as soon as the necessary amount of network confirmations is reached.

About TRON (TRX)

TRON is dedicated to creating a boundary-free internet that inspires innovation across industries. The TRON network gained traction during 2021 with its active DeFi protocols and progressing ecosystem. Recently, TRON founder Justin Sun and his team launched their own algorithmic stablecoin, USDD.

Earn up to 13% on TRON (TRX)
Earn up to 13% on TRON (TRX) (“Promo”) is available within the period 14:00 UTC on May 20, 2022 until 23:59 UTC on June 20, 2022 (“Promo Period”). Promo applies to all users of Nexo Earn Interest Product in TRON (TRX) complying with the Nexo Wallet General Terms and Conditions and the Nexo Earn Interest Product General Terms and Conditions (“General Terms”).
Nexo shall pay daily an interest rate starting from 8% (“Interest”) on all TRON (TRX) top-ups accumulated within the Period. The exact rates of interest, depending on the user’s Loyalty tier, and bonuses applicable for fixed terms and/or earning in NEXO Tokens, are indicated on the Nexo platform. After June 20, 2022, all users, including users of Nexo Earn Interest Product for a fixed term, will start earning at the standard rate depending on their Loyalty Tier.
Nexo has the right to maintain the integrity of Earn up to 13% on TRON (TRX) and in any event of fraud or fraud attempt, at its sole discretion, to revoke, deny or withdraw Interest, to block user’s access to particular products, and/or exclude a user from any future promotional offers.
By participating in Earn up to 13% on TRON (TRX), every participant declares their full and unconditional consent to the above requirements and the General Terms and accepts as final and binding all Nexo’s decisions with regard to Earn up to 13% on TRON (TRX). All relations between Nexo and the participants will be governed by the General Terms and the applicable law, as defined by the General Terms.
Disclaimer
The exact rates of interest, depending on the user’s Loyalty tier, and bonuses applicable for fixed terms and/or earning in NEXO Tokens, are indicated on the Nexo platform.
Nexo Earn Interest Product is not available for persons who are citizens or residents of Bulgaria, Estonia, the States of New York, Kentucky, Arkansas, Texas, New Jersey, Alabama, Oklahoma, Vermont, and Washington.
Note: All times and dates stated in relation to Earn up to 13% on TRON (TRX) shall be defined in Coordinated Universal Time (UTC).

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