Compounding interest
paid out daily
Interest starting from
only 5.9% APR
EU licensed & regulated financial institution
$100 million insurance on all custodial assets
More than 1M instantly happy clients
Excellent rating
on Trustpilot
| Asset | APY | Earned Today |
|---|---|---|
BTC
|
8% |
USD 1273.41
|
Tether
|
12% |
USD 260.37
|
EUR
|
12% |
USD 195.62
|
$171,623.33
Available Credit Line
40+ Fiat Currencies
Stablecoins
Your withdrawal is
instantly processed.
The only crypto card that lets you spend the value of your crypto without selling it. Get instant cashback on all purchases and take advantage of flexible repayment options and #ZeroFees.
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Over a decade of flawless FinTech success
Impeccable risk assessment, data protection, and state-of-the-art cybersecurity
Insurance on custodial assets via Lloyd’s of London
Round the clock assistance
The safety of clients funds is the main priority for Nexo. Cold storage Wallets are provided by BitGo, the leader in digital asset financial services. BitGo Custody carries $100,000,000.00 in insurance protections through a syndicate of underwriters through the Lloyd's, the world’s specialist insurance and reinsurance market. And this premium service comes in at no additional cost (details can be found here and here).
The $100 million policy covers digital assets where the private keys are held 100% by BitGo in the event of:
Nexo has chosen BitGo as its custodian because BitGo provides 100% cold storage technology in bank-grade Class III vaults and the BitGo platform is SOC 2 Type 2 certified. Advanced authentication mechanisms are employed to ensure the authenticity of data, and assets are distributed geographically and organisationally.
It is the account holders’ responsibility to safeguard their accounts by means including but not limited to using a strong password, enabling two-factor authentication and controlling all login credentials to Nexo. Clients remain owners of the crypto assets placed into Nexo accounts.
In order to transfer your crypto assets to your Nexo account please follow the steps below:
1. Log in to your Nexo wallet/account.
2. Scroll to the bottom of the page where all supported cryptocurrencies are displayed.
3. Click on the "Top Up" button next to the cryptocurrency you want to deposit.
4. Copy your private "deposit address".
5. Paste it in the "sent to/withdraw address" field on the platform/wallet you are using to transfer your funds to us.
6. You will see your crypto deposit in your Nexo wallet/account as soon as the necessary amount of network confirmations is reached.
You can watch this ~4 minutes long video How to use Nexo platform, read the explanation below or check this article where you can also find screenshots and examples.
You can transfer your crypto assets to your Nexo account and get an instant crypto loan (credit line), which you can immediately access using the free Nexo Card or by withdrawing in 40+ currencies to your personal/business bank account, or in USDT to your Tether address, or in USDC to your USD Coin address.
In order to obtain a loan, follow these steps:
Please note that if you want to take a fiat loan against stablecoins, you will have to cover at least 50% of your loan using other crypto assets as collateral (BTC, ETH, etc.). This is required to comply with Anti Money Laundering standards.
It is also important to note that you may be as well requested to provide supporting documents to prove the origin of your funds.
Please keep in mind that upon requesting a loan crypto assets may be automatically transferred from Savings wallet to Credit Line wallet if there is not enough collateral in the Credit Line wallet to support the loan.
You can set up Two-Factor Authentication (2FA) on the Security page.
1. Please scroll to the bottom of the page and click on the "Enable" button.
You can either use Google Authenticator/Authy/any other Authenticator or SMS Authentication.
2. Open your 2FA application and either use the phone camera to scan the QR code or enter the code manually.
3. Please wait for a new code to be generated and insert it in the "Enter the Two-Step Authentication code" section and click on the "Verify code".
4. Your 2FA Authentication security feature is activated.
If you prefer to set the 2FA Authentication using the SMS code, please click on the "Alternative Authentication Methods"
In the window which opens after you click on the "Enable" button, please choose the country, provide your phone number and click on the "Verify" button.
Please note, that the speed of SMS verification varies from country to country. For instant codes and additional security, please use an app like Authy for the two-step codes.
To learn how to set up Two-Factor Authentication (2FA) without owning a smartphone or mobile phone, please click here.
Follow these simple steps and start earning up to 12% compounding interest on your idle crypto:
1. Log in to your secure Nexo account.
2. Transfer assets into your Nexo Wallet.
Earn on Crypto is available for BTC, ETH, XRP, BCH, LTC, BNB, EOS, LINK, XLM, TRX, PAXG, USDT, USDC, PAX, TUSD, DAI, HUSD with more assets coming soon!
Important: Assets held in your Credit Line Wallet (used as collateral) will not earn interest.
3. Earn! You will start earning compounding interest after a minimum of 24 hours of your transfer. All interest is paid out daily.
Your interest is automatically paid into your Savings Wallet so that next day you begin earning interest on it too.
4. Enjoy your high-yield passive income.
What are the interest rates (APY)?
Your interest rate is determined by:
1. The ratio of NEXO Tokens against the balance of the other assets in your Savings Wallet.
- if the NEXO Tokens value is below 10% of total assets held in the Savings Wallet, then there is no additional interest bonus
- if the NEXO Tokens value is above 10% of total assets held in the Savings Wallet, then you receive a 1% bonus interest on your cryptocurrencies and 2% bonus on stablecoins
2. The cryptocurrency interest is paid:
- if the interest earned is paid in kind (the same cryptocurrency), then there is no additional bonus
- if the interest earned is paid in NEXO Tokens, then you receive a +2% bonus on interest on all your holdings
How is your interest calculated?
Your interest is credited into your Savings Wallet daily and is then calculated in your upcoming interest transactions.
Daily Interest = Principal amount (in original cryptocurrency) x (APY/365)
Example:
Calculations based on 1000 XRP deposit.
1. If you have staked enough NEXO Tokens (10% or more of the value of your 1000 XRP) and you chose to earn an interest in NEXO Tokens, your calculation for daily interest for the first day will be:
1000 XRP x 0.0210874398% = 0.21087 XRP (which will be converted to USD and then to NEXO Tokens)
2. If you’ve staked enough NEXO Tokens (10% or more of the value of your 1000 XRP) and you chose to earn an interest in in kind (same cryptocurrency), then you will receive:
1000 XRP x 0.0159653587% = 0.15965 XRP
3. Without NEXO Tokens staking, but earning interest in NEXO Token the calculation will be:
1000 XRP x 0.0185383342% = 0.18538 XRP (which will be converted to USD and then to NEXO Tokens)
4. Without NEXO Tokens staking and earning interest in kind (same cryptocurrency) you will receive:
1000 XRP x 0.0133680617% = 0.13368 XRP
Important: Your interest rate (APY) will change if you choose to stake or unstake NEXO Tokens on any given day and if you decided to earn interest in or not in NEXO Tokens.
How can I calculate the Nexo token staking required for higher interest rates?
You will need to stake NEXO Tokens worth 10% of the total value of assets in your Savings Wallet to be eligible for higher interest rates.
The exact amount of NEXO Tokens required for the bonus interest rates in any given moment will depend on the token price and will be displayed in the Total Interest Earned section:
Example:
If the total balance in your Savings Wallet equals 10 000 USD (excl. the NEXO Token balance), you will have to stake 1000 USD worth of NEXO Tokens. As the price of the crypto assets fluctuates, it is advisable to add more NEXO Tokens to ensure that you will not miss out on our bonus interest rates.
You can also check your Total Balance in Savings Wallet (incl. your NEXO Token balance) anytime in the Account section of your Nexo profile:
What currency will the interest be paid out in?
The interest will be paid out in the same currency as your deposit currency (e.g. if you top up LTC, you will earn interest in LTC) or in NEXO Tokens (giving you +2% bonus).
How can I activate earning interest in NEXO Tokens for higher interest rates?
Please follow these steps:
1. Log in to your Nexo account.
2. Then click on "My Profile".
3. Clink on "Settings."
4. Choose "Interest payout in NEXO tokens."
5. Congratulations you activated a +2% interest bonus on all assets held in your Savings Wallet.
Where can I see the interest I have earned from my active deposit(s)?
You can see the daily interest from active deposits accumulated in the Account section under ‘Total Interest Earned’.
After clicking on the Total Earned button, you can access detailed information about all the crypto assets and the interest you have earned so far:
We will also send a weekly email to all the clients with active deposits that are earning interest. The email will contain information about the accumulated interest for the past 7 days, per asset.
The email will include only those assets for which at least one interest transaction was credited during the past week. Тhe total amount earned will be presented in the email in US dollars for comparison. Keep in mind that you will still receive your interest payments in kind, not in USD.
How is Nexo able to pay interest on my assets?
We are committed to protecting your assets by lending them to institutions on an overcollateralized basis only, the way our crypto-backed loans work. Our rates are kept stable over time, because of Nexo’s risk policy to never lend without collateral, which results in lower yields but basically no risk.
The main benefits of Nexo’s “Earn Interest”:
More details concerning “Earn Interest” for specific assets:
In order to transfer your crypto assets from your Credit Line Wallet to your SAVINGS Wallet and vice versa please follow the steps below:
1. Log in to your Nexo account.
2. Scroll to the bottom of the page where all supported cryptocurrencies are displayed. Please click on the "wallet" icon next to the assets you want to move to your Savings Wallet:
3. You will be shown a new window with information concerning your Savings Wallet and Credit Line Wallet along with the sum (excess collateral) you can currently move to your Savings Wallet.
4. Please click on the "Transfer Between Wallets" button. In the new window, you can choose how much of your "excess collateral" you want to move to your Savings Wallet. After you are ready please click on the "Transfer" button.
5. You have successfully move your assets from Credit Line Wallet to Savings Wallet.
How to transfer funds from the Savings Wallet to the Credit Line Wallet?
Please follow the same steps above in order to transfer your funds form the Savings Wallet to the Credit Line Wallet. When you reach the 4th step, please click on the arrows to change the direction of the transfer:
Please keep in mind that upon requesting a loan crypto assets may be automatically transferred from Savings wallet to Credit Line wallet if there is not enough collateral in the Credit Line wallet to support the loan.
The standard Earn Interest rate is 8% for fiat and stablecoins and 5% for crypto assets.
In order to receive 12% and 8% interest on your savings respectively you have to:
1. At least 10% of the holdings in your Savings Wallet have to be in NEXO Tokens. If this condition is met, you will automatically receive an extra 2% on your fiat and stablecoins and +1% on your cryptocurrencies compared to the standard rate.
2. If you choose to Earn Interest in NEXO Tokens instead of in kind (same cryptocurrency) you will receive additional +2% interest on all your assets held in Savings Wallet.
Example:
Value of assets in your Saving Wallet: 10 000 USD
Value of NEXO Tokens required for you to get the highest interest: min of 1 000 USD
The exact amount of NEXO Tokens required for the bonus interest rates in any given moment will depend on the token price and will be displayed in the ‘Total Interest Earned’ screen:
How to activate option to EARN Interest in NEXO Token:
1. Log in to your Nexo account.
2. Then click on "My Profile".
3. Clink on "Settings"
4. Choose "All interest pain in NEXO Tokens"
5. Congratulations you activated a +2% interest bonus on all assets held in your Savings Wallet.
Please follow these three steps to make your savings work for you:
What should I do to start earning 12% interest on my idle funds?
1. You will need to stake NEXO Tokens worth 10% of the total value of assets in your Savings Wallet to be eligible for higher interest rates.
The exact amount of NEXO Tokens required for the bonus interest rates in any given moment will depend on the token price and will be displayed in the ‘Total Interst Earned’ screen:
2. You will have to choose to earn interest in NEXO Token.
To learn more on how activate earning interest in NEXO tokens, please click here.
Main benefits of Nexo “Earn Interest on fiat currency” product:
To learn more about our “Earn Interest on fiat currency", please click here.
The minimum amount of crypto assets you should deposit to start earning high-yielding up to 12% APY interest are:
In order to take advantage of earning +2% interest on all your assets held in the Savings Wallet, please follow these steps:
1. Log in to your Nexo account.
2. Then click on "My Profile".
3. Clink on "Settings".
4. Choose "Interest payout in NEXO tokens".
5. Congratulations you activated a +2% interest bonus on all assets held in your Savings wallet.
You will also start seeing the amount of NEXO Tokens you have earned:
The Loan-to-Value (LTV) ratio is a financial term used by lenders to express the ratio of a loan to the value of the collateral. Otherwise said, the measurement of the balance of the loan relative to the value of the collateral asset is represented as Loan-to-Value (LTV).
Traditional lenders (e.g. banks) use your credit score, as reported by third-party credit agencies, to determine your creditworthiness. The higher your credit score, the lower the risk for the lender. To remove the credit score form the equation you can apply for an asset-backed loan like the one offered by Nexo.
LTV is calculated as the loan amount in USD divided by the value of the collateral in USD, expressed as a percentage.
Example:
Loan amount: 5.000 USD;
Value of collateral: 10.000 USD;
Loan-to-Value = ($5.000/$10.000)*100% = 50.0%
How Loan-to-Value fluctuates and what it means for you?
As the value of the collateral goes down, the Loan-to-Value goes up. In the case of a crypto asset-backed loan, the value of Bitcoin, Ether, Litecoin, Bitcoincash, etc. is trending down.
Monitoring your account is very important during market drops. If the price of the crypto asset falls too low, the Loan-to-Value will continue to increase and the Nexo blockchain oracle will automatically request, via SMS and email, that you repay your loan or add extra collateral in your Credit Line Wallet.
Unless you do so as prompted, there is a threshold where assets from the Savings Wallet (if any) will be automatically moved to your Credit Line Wallet and if they are insufficient to cover the required Loan-to-Value, the collateralized asset will start being sold by the fully automated Nexo blockchain oracle to pay back part of the loan in order to rebalance the Loan-to-Value. This threshold at Nexo is set at 83.3%.
Before that happens you will be notified via SMS and email.
Example:
Loan amount: 5000 USD;
Value of collateral: 6 000 USD;
Loan-to-Value = ($5000/$6000)*100% = 83.3%
As a borrower, you always have the option to transfer more collateral at any time.
To summarize:
The price of crypto assets fluctuates strongly - it can move up or down. When the price moves up, the Loan-to-Value goes down. When the price moves down, the Loan-to-Value goes up.
If the value of the assets increases and the client believes that their crypto-asset has met their price target, they can place an order with the Nexo blockchain oracle to sell a fraction of the crypto assets stored in their account and repay part or all of their outstanding balance. The transaction is performed through API on some of the major exchanges (i.e. Bitstamp, Kraken, etc.) without any additional fees besides the exchange's fees.
An increase in the value of the collateral assets also allows the client to withdraw more from their Credit Line.
If the assets decrease significantly in value and you do not contribute additional assets to your Nexo account after receiving warnings from the Nexo blockchain oracle, the Nexo blockchain oracle may initiate partial automatic loan repayments to rebalance the Loan-to-Value back within limits.
The total value of your crypto assets and the minimum amount, which will trigger the small automatic loan repayments can be seen at any time below all your crypto positions on your Nexo account.
If the collateral assets decrease in value significantly, the client will be warned to add more collateral.
The client will be notified, and partial automatic loan repayments will only start after the Loan-to-Value increases to 83.3%.
Example:
If the loan amount is 5 000 USD then the partial automatic loan repayment will be initiated only when the value of your collateral decreases to less than 6 000 USD.
Loan amount: 5000 USD;
Value of collateral: 6000 USD;
Loan-to-Value = ($5000/$6000)*100% = 83.33%
The total value of your crypto assets and the minimum amount which will trigger the small automatic loan repayments can be seen at any time below of all your crypto positions in your Nexo account.
The client will receive a minimum of three notifications (via SMS and email) before that. This will happen when the Loan-to-Value increases to 71.4%, 74,1%, 76.9%. The client will be prompted to deposit more crypto assets into their Nexo account to prevent partial automatic loan repayments.
Please note that the Nexo blockchain oracle will not sell all crypto assets at once. Sell orders are executed in small increments only as much as to rebalance the Loan-to-Value back within the limits. Sell market orders are made at the market price on leading cryptocurrency exchanges. The transaction is performed through API on some of the major exchanges (i.e. Bitstamp, Kraken etc.) without any additional fees besides the exchange's fees. The funds received back from the exchange will be instantly applied towards your outstanding loan balancе.
The table below illustrates how the Loan-to-Value changes when a repayment is made - based on the percentage of sold collateral (the price of crypto assets is constant):
At Nexo we value all of our customers greatly which is why we devised the NEXO Token, the world’s first compliant, dividend-paying, asset-backed token, featuring the following benefits:
If you want to be a part of the Nexo enterprise and earn along with the company, buying NEXO is as easy as purchasing any other crypto asset. Huobi Global is currently the largest exchange, where NEXO is available. A complete list of all exchanges where NEXO Tokens are traded can be found here.
We consider the NEXO Token a means of giving investors the opportunity to participate in Nexo’s financial blessings and we hope you enjoy it.
Learn more about Nexo dividends by reading this article: Nexo Dividends Explained.
At Nexo we value all of our customers greatly which is why we devised the NEXO Token, the world’s first compliant, dividend-paying, asset-backed token, featuring the following benefits:
If you want to be a part of the Nexo enterprise and earn along with the company, buying NEXO is as easy as purchasing any other crypto asset. Huobi Global is currently the largest exchange, where NEXO is available. A complete list of all exchanges where NEXO Tokens are traded can be found here.
We consider the NEXO Token a means of giving investors the opportunity to participate in Nexo’s financial blessings and we hope you enjoy it.
Learn more about Nexo dividends by reading this article: Nexo Dividends Explained.
Please follow these steps to acquire Nexo tokens:
1. Please log in to your Nexo account and then click on the “Buy Nexo” button.
2. Click on the “Buy/Sell instantly” button and pay attention to the information in the "warning section"
3. Provide the amount and the type of cryptocurrency you want to exchange for Nexo tokens:
4. Click on the “Swap now” button. On the next screen, you will notice that your Nexo wallet address is pre-populated.
5. Provide an email address you want to use.
Please note that if you do not have an account at Changelly, then they will create an account on your behalf on their platform using the email address you provided and will send you a confirmation email to that email address.
5. a) Log in to the email account you provided in the above step and verify your email. At the same time, you will be requested to create a password for your Changelly account.
5. b) If you already have an account on the Changelly platform, please provide your password (point 6). If you have forgotten it, please go to changelly.com and reset it.
6. Please enter your Changelly password in the “Enter your password” field and click on "Proceed".
Please do not use your Nexo account password as it will not work. You have to enter your Changelly password.
7. You will be redirected to the following screen:
8. Click on the “Copy” button and then paste it in the “withdraw to” address field when creating the transaction using your private or Nexo wallet.
If using your Nexo wallet and you have the required amount of crypto in it, please go and click on the “Withdraw” button next to the crypto you decided to change to Nexo. Paste in the “Withdraw address” the address you copied from the screenshot above, choose the same amount and confirm the transaction.
You will receive an email confirming the transaction from Changelly to the email address you provided a couple of steps above. After the exchange process is completed, the Nexo will be automatically added to your Nexo wallet.
This is not a startup this is a team that has a successful track record of over 10 years extending over $120 million in credit...The group recently raised over $50 million for Nexo, its crypto lending venture. All money will be loaned out to so-called hodlers, or those who intend to hold digital currency long-term.
The idea of crypto lending is one of the most revolutionary things that happened because of the wide adoption and popularity of cryptocurrencies (...) Nexo is considered to be the first platform to provide instant crypto backed loans is adding XRP as the newest collateral option on their platform.
Nexo offered to provide immediate funding of up to $2 million per customer to SALT Lending’s backlog of loan applicants.
Nexo, a cryptocurrencies loan services, said this week that it’s going to offer interest payments on several leading stablecoins. When stored on the platform, trueusd (TUSD), geminidollar (GUSD), paxos standard (PAX), Circle’s usdcoin (USDC), and Maker’s dai (DAI) will generate an 8 percent interest rate for those holding the currency.
Nexo is ambitiously pursuing its goal of providing cryptoasset-backed credit to consumers in the EU and US. Nexo’s primary protocol functionality is an online platform that enables users to create instant cryptocurrency-backed loans by depositing various major cryptoassets into a Nexo account. The system automatically adjusts the credit limit based on the fluctuating value of the deposited cryptoassets.
The annualized dividend yield of NEXO is 4.80% which beats all dividend stocks in Warren Buffet’s portfolio: Apple at 1.4%, JP Morgan at 3%, Wells Fargo at 3.3%, and Goldman Sachs at 1.6%[...] A truly borderless enterprise, Nexo offers clients over 40+ fiat currencies to choose from in over 200 jurisdictions.
With the account that caters to your profit and prosperity through our leading credit line service for digital assets and high-yield interest on your idle savings.
Custodianship 
