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First, you have to complete Advanced Verification on the Nexo platform which only takes a couple of minutes. Once you pass verification, then:
Your Cardano assets are stored in bank-grade Class III vaults. Our partners’ hardware and software guarantees allow for instant access to your funds and full independence from third-party providers.
Cardano is one of the most prominent blockchain platforms to use a proof-of-stake (PoS) algorithm, which is less energy-intensive than the proof-of-work (PoW) consensus mechanism used in Bitcoin.
The project also takes pride in being the first blockchain to evolve out of a research-driven approach. All of the technology developed is peer-reviewed which helps test bold ideas before they are accepted and makes the blockchain more stable.
If you want to exchange your Cardano, you can swap instantly via the Nexo Exchange. Click here to find all the market pairs we currently support.
There are zero price fluctuations when you place an order, compared to other providers where the price might change by up to 5%. Your balances are updated immediately, the moment your order is confirmed.
Here’s everything you can do with your Nexo account: