Earn USDx Interest

Similar to a conventional savings account, Nexo allows you to earn interest on your assets by lending them to retailers, businesses, and institutions.

However, the key difference is that we lend your funds only on an overcollateralized basis. We keep our rates stable over time because of Nexo’s risk policy to never lend without collateral. Your funds are backed no matter how the market moves, practically eliminating risk.

	NEXO	Others
Lending Based on The Balance Sheet	No	Yes
Оvercollateralized Lending Only	Yes	No
$375M Insurance	Yes	No

Signing up for a Nexo account takes less than a minute:

1. Open the Nexo platform or the Nexo app.
2. Complete your verification.
3. Top up at least 10.00 USDx to your account. The amount would be automatically converted to USDx with a 1-to-1 conversion rate.
4. You’re all set! You’re now earning daily interest on your USDx.

Note: You’ll start earning interest the next day after your transfer.

Your interest rate is determined by:

1. Your Loyalty tier, which in turn depends on the ratio of NEXO Tokens against the balance of other assets in your portfolio. The requirements for each tier are as follows:
   
   • Base: No NEXO Tokens are needed.
   • Silver: At least 1% of the Portfolio Balance in your account must comprise NEXO Tokens.
   • Gold: At least 5% of the Portfolio Balance in your account must comprise NEXO Tokens.
   • Platinum: At least 10% of the Portfolio Balance in your account must comprise NEXO Tokens.
     
2. The type of interest payout you choose:
   
   • Earning ‘in kind’ means you receive your interest payments in the currency you’re earning on – in this case, USDx.
   • Earning in NEXO means you receive interest payments in NEXO Tokens and benefit from an additional 2% interest on all your holdings.
     
3. The type of saving term: FLEX or Fixed. If you choose to create a 3-month Fixed Term on your USDx, you’ll earn an extra 4% interest on your assets.

Learn more about our interest rates here.

To receive 12% interest on your EURx, you have to:

• Become a Platinum Loyalty tier client by making sure 10% or more of your Portfolio Balance comprises NEXO Tokens.
• Opt to earn your interest in NEXO Tokens for an additional 2% interest.
• Create a 3-month Fixed Term for an extra 4% interest.

Example:

Value of assets in your Nexo account: $10,000

Value of NEXO Tokens required for you to get the highest interest: min. of $1,000 in NEXO Tokens

To activate Earn in NEXO:

1. Open the Nexo platform or the Nexo app.
2. Click on the ‘Settings’ menu in the ‘My Profile’ section.
3. Activate the option to Earn in NEXO.

To create a Fixed Term:

1. Open the Nexo platform and select 'Manage' next to the USDx icon.
2. Click on ‘Fixed Terms’.
3. Enter the desired amount and click 'Create Term' to complete the process.

Note: Please be aware that due to regulatory restrictions Earn in NEXO is currently not available to US clients.

Nexo is raising the bar for the entire blockchain space by utilizing the most rigorous KYC and AML policies, impeccable risk assessment, data protection, and state-of-the-art cybersecurity.

We keep your USDx safe while you’re earning interest through our multifaceted approach to security, including:

• Military-grade 256-bit encryption and fraud monitoring mechanisms for your Nexo account.
• Bank-grade cold storage in Class III vaults through leading blockchain custodians, including BitGo, Ledger Vault, and others.
• $375M insurance from our custodial partners via Lloyd’s of London and Marsh & Arch.
• ISO/IEC 27001:2013 certificate guaranteeing Nexo’s security infrastructure is of the highest standard.
• 200–500% overcollateralized crypto credit lines. Nexo never issues credit on a non-collateralized basis, thus ensuring your funds are backed no matter how the market moves.

You can learn more about our security and insurance here.