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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 EOS assets are kept in BitGo bank-grade cold storage and carry $375M in insurance protections. Our partners’ hardware and software guarantees allow for instant access to your funds and full independence from third-party providers.
The main difference between these two smart contract platforms is scalability. While Ethereum can handle around 30 transactions per second with a block production rate of 10-15 seconds, the EOS.IO network can support up to 4000 transactions with a block production rate of 500 ms.
Another key difference is the transaction fees. Currently, gas fees are quite high on Ethereum while there are no transaction fees on EOS.IO.
If you want to exchange your EOS, 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: