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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 USDT 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.
While crypto markets often experience periods of high volatility, Tether, on the other hand, is protected from these fluctuations by design. This makes USDT a safe option: instead of cashing out completely into USD, you can simply park your portfolio in Tether.
If you want to exchange your Tether, 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: