Nexo is a very popular platform that allows its customers to earn a compound interest on their cryptocurrency that is paid up every day. Nexo is a crypto/fiat platform that is also a borrowing and lending platform. It is not a decentralized app but it uses protocols and blockchain technology on the platform to execute transactions. The user can not only earn cash through interest using their crypto, fiat currencies like USD, GBP, and EUR, but also borrow cryptocurrencies using crypto coins as collateral. Collateral is crypto funds you would put up for a loan (if you don’t repay, they will sell it to cover the default). You do not earn interest in crypto that you use as collateral.
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Earn on Crypto
With Nexo’s high-yield Earn on Crypto suite, you can earn up to 18% per annum on your digital assets, paid out daily. Grow your crypto wealth securely, on your terms.
Buy, Sell or Swap Instantly
Make seamless exchanges between 300+ market pairs with zero price fluctuations. Your balances are updated immediately, the moment your order is confirmed.
Borrow Cash or Stablecoins
Nexo's Instant Crypto Credit Lines allow you to borrow immediately after moving assets to your Nexo account. Rate starts from 0% APR with no credit checks and minimum repayments.
Stay Safe 24/7
The security of the assets held in your Nexo account is guaranteed for up to $375M by our industry-renowned custodians and the leading authorities in compliance.
YOU CAN EARN INTEREST AND HODL AT THE SAME TIME
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