Exchange Crypto & Trade Futures Seamlessly

The Nexo Exchange is our hub, which allows you to buy and sell over 60 digital assets, using easy-to-use order types like Swap, Trigger Swap, and Booster. Through the Nexo Exchange, you can also trade perpetual futures contracts.

The Nexo Exchange currently supports 60+ assets and more than 500 market pairs, including BTC/USDT, ETH/USDT, BTC/ETH, and USDT/USDC.

With Futures, you can trade a variety of perpetual contracts, including the most trending ones.

To see all available pairs, visit our help center.

Note: Using the Nexo Exchange requires Identity Verification.

The standard Swap order allows you to exchange one asset and receive another momentarily. 

The Trigger Swap, allows you to set a Trigger Price for the digital asset you want to buy or sell. The order will be executed once that price is reached. That means your exchange can be completed in 5 days, a couple of weeks, or whenever that price is reached. The benefit is that you will keep earning interest on your digital assets in an active order until it is executed or canceled.

Trigger Swap is currently available for all pairs featuring USDT and BTC (over 120+ pairs) and only for holdings in your Savings Wallet. The digital assets you use for your Trigger Swap cannot be withdrawn, locked in Fixed Term, exchanged, used for loan repayment, or moved between wallets, unless you cancel the order.

All you have to do is:

1. Open the Nexo platform or the Nexo app.
2. Click on the “Exchange” tab and select Swap from the dropdown menu.
3. Select the digital assets you would like to exchange.
4. Click “Preview Order” and confirm.

There are zero fees for exchanging on the Nexo Platform, regardless of the amount, or digital asset.

Yes, Futures trading is available through the Nexo app. Trading Futures allow you to trade perpetual contracts with amounts far greater than your USDT balance, using up to 50x leverage.

With Perpetual Futures, you can go long or short depending on which way you believe the market will go.

Note: Futures trading is not available in certain jurisdictions. For further information, please refer to the relevant terms and conditions.

How to Get Started with Futures?

You only need USDT in your account to trade perpetuals on Nexo. Once you buy or deposit USDT: 

1. Head to your USDT Wallet and transfer your USDT to your Futures Wallet at no cost.

2. Tap the Exchange button on your dashboard and select Futures.

3. Select an asset from the list with perpetual contracts and pick a direction - long or short. Then adjust your leverage.

4. Choose how much USDT you want to allocate to the position. Preview the position and confirm it.

To track your open positions, tap on the top right corner of your app. At the top of the screen, you get an overview of your current margin risk taking into account all your open positions. Below, you can tap on your open position to get a complete overview including the current PNL, and the funding rate. You can close it partially or fully.

For more detailed information on managing your positions, please refer to our Help Center article.

What Are Trigger Orders for Futures Trading? 

In Futures Trading on the Nexo App, you have three useful tools that help you manage your trades efficiently: 

Trigger Entry Order: This feature allows you to set a specific price at which you want to enter a position. Once the price is reached, a market order will be automatically executed. It’s a strategic way to enter the market at your desired price point, while still keeping up with regular market watching.

To set one:

1. Open the order types drop-down and select “Trigger Entry”.

2. Enter the price at which you want to open your position.

3. Choose how much USDT you want to allocate to the position.

4. Preview and confirm it. 

Take Profit (TP): Take profit lets you set a target price at which your position for the selected futures contract will be closed to realize profits. It's a useful tool that allows you to secure your gains when the market reaches your target profit price.

Stop Loss (SL): Stop loss is designed to limit your potential losses. You set a price at which your position for the selected futures contract will be automatically closed to prevent further losses. This tool is especially important in volatile market conditions.

Note: Trigger orders such as take profit or stop loss are tied to the futures contract (i.e BTC) and not individual positions.

How to Set a Take Profit or Stop Loss Order? 

Once you have an open position:

1. Tap on “Set TP/SL”.

2. Enter your price targets at which you want to close your trade.

3. Confirm the orders.

Yes, you can. With our Collateral Swap feature, you can improve the health of your credit line by converting negative trending assets into better performing ones, thus preventing automatic repayments. A zero-fee policy will be applied to those transactions as well. 

These are the steps to follow:

1. Open the Nexo platform or the Nexo app.
2. Click on the “Exchange” tab and select “Credit Line Wallet”.
3. Pick the pair and the amount you want to exchange, click “Preview Order” and confirm.

If the amount of collateral is not enough for the exchange to be executed, you can always move more assets to the Credit Wallet from the Savings Wallet.

Can't see your question listed above? Visit our Help Center

Under the hood, Nexo's Exchange is powered by our Smart Routing System connected to multiple liquidity sources at once.

This institutional-grade infrastructure allows us to aggregate rates from multiple exchanges providing you with a quote based on the best available market price and no price fluctuations between order submission and order fulfillment.

Put simply, you no longer need to crunch numbers – the system does it for you within a fraction of a second and offers you a better deal than any manually executed exchange.