Nexo is an easy-to-use platform to buy and earn interest on your crypto. You can also exchange digital assets or borrow against them. 7M+ people in over 200 jurisdictions trust Nexo with their digital assets.

BUY, SELL & TRADE CRYPTO

Buy Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and 60+ other top cryptocurrencies with a bank card or wire transfer. Get up to 0.5% cashback on your purchases. Exchange between hundreds of market pairs.

EARN DAILY INTEREST ON YOUR ASSETS

Make your idle crypto assets work for you. HODL and earn compound interest, paid out daily. Choose between earning in-kind or in NEXO Tokens. Start collecting crypto interest up to 24 hours, in most cases, after purchase or top-up. Get a comprehensive breakdown of your total earning balance.

BORROW AT RATES AS LOW AS 2.9%*

With Nexo’s Instant Crypto Credit Lines, you can borrow against your crypto. Borrowing rates start from 2.9%* p.a. and you get the funds within 24 hours in most cases. Monitor your loan's health at all times. Pay off your balance partially or fully when you want with no fixed payment schedule.

SPEND USING THE NEXO CARD

You may connect your Nexo Card to our Instant Crypto Credit Lines. It uses your crypto assets as collateral to finance your daily purchases. This way you keep your crypto and get instant liquidity against it.

• Get funds from just 2.9%* p.a.

• Get up to 2% cashback on all purchases

• No minimum monthly repayments

• No monthly, annual, or inactivity fees

• Support for Apple Pay and Google Pay

• Additional virtual card

CYBERSECURITY COMES FIRST

• Military-grade 256-bit encryption

• ISO 27001:2013 and SOC 2 Type 2 certification

• Address whitelisting & 2FA

• Withdrawal confirmations & log-in alerts

• 24/7 customer support

GET LOYALTY PROGRAM PERKS

• Up to 50% higher earning rates

• Borrowing rates starting from 2.9%* p.a.

• Up to 2% back on Nexo Card purchases

• 1 free monthly withdrawal on BTC and ETH networks

DISCLAIMER

All or part of the Nexo Services, some features thereof, or some Digital Assets, are not available in certain jurisdictions, including where restrictions or limitations may apply, as indicated on the Nexo Platform and in the relevant general terms and conditions.

*Credit terms may vary depending on your Loyalty Tier. See nexo.com for more details.

Not investment advice. Crypto trading involves risk of loss. View disclosures at https://nexo.com/terms.

Introduction

Nexo is a blockchain-based platform that offers a range of financial services, including crypto-backed loans, high-yield savings accounts, and a cryptocurrency exchange. The platform is designed to provide users with access to financial services that are typically unavailable or inaccessible through traditional banking institutions.

Key Features

* Crypto-Backed Loans: Nexo allows users to borrow fiat currencies or stablecoins against their crypto assets as collateral. The loans are over-collateralized, meaning that the value of the collateral must be significantly higher than the loan amount. This ensures that Nexo is protected in the event of a market downturn.

* High-Yield Savings Accounts: Nexo offers high-yield savings accounts for a variety of cryptocurrencies and fiat currencies. The interest rates offered by Nexo are typically much higher than those offered by traditional banks.

* Cryptocurrency Exchange: Nexo also operates a cryptocurrency exchange that allows users to buy, sell, and trade cryptocurrencies. The exchange offers a wide range of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.

Benefits of Using Nexo

There are several benefits to using Nexo, including:

* Access to financial services that are unavailable through traditional banks: Nexo provides users with access to crypto-backed loans, high-yield savings accounts, and a cryptocurrency exchange. These services are typically unavailable or inaccessible through traditional banks.

* High-interest rates on savings: Nexo offers high-interest rates on savings accounts for a variety of cryptocurrencies and fiat currencies. The interest rates offered by Nexo are typically much higher than those offered by traditional banks.

* Low-interest rates on loans: Nexo offers low-interest rates on crypto-backed loans. The interest rates offered by Nexo are typically lower than those offered by other crypto-lending platforms.

Risks of Using Nexo

There are also some risks associated with using Nexo, including:

* Volatility of cryptocurrency prices: The value of cryptocurrencies can fluctuate significantly, which could result in losses on crypto-backed loans or savings accounts.

* Smart contract risk: Nexo uses smart contracts to automate its operations. Smart contracts are computer programs that are stored on the blockchain and can be used to execute agreements. However, smart contracts can be complex and may contain bugs or vulnerabilities that could be exploited by hackers.

* Regulatory risk: The regulatory landscape for cryptocurrencies is constantly evolving. Changes in regulation could have a negative impact on Nexo's operations.

Conclusion

Nexo is a blockchain-based platform that offers a range of financial services, including crypto-backed loans, high-yield savings accounts, and a cryptocurrency exchange. The platform is designed to provide users with access to financial services that are typically unavailable or inaccessible through traditional banking institutions. However, there are also some risks associated with using Nexo, including the volatility of cryptocurrency prices, smart contract risk, and regulatory risk.