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Nexo

3.9(950 reviews)

Crypto finance platform with loans, interest and integrated exchange

Various RegulatedSince 2018
78
Trust Score
Very Good
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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

0 $
Min. Deposit
5
Instruments
Various
Regulation
2
Platforms

Key Features

Bitcoin

Bitcoin trading available

Ethereum

Ethereum trading available

Altcoins

Altcoins trading available

Krypto-Kredite

Krypto-Kredite trading available

Staking

Staking trading available

Nexo Web

Trading Platform

Nexo App

Trading Platform

Advantages

  • Crypto-backed loans without selling assets
  • Interest earnings on crypto deposits (up to 12% p.a.)
  • Nexo card for crypto spending without selling
  • Insurance via Ledger Vault and BitGo

Disadvantages

  • Complex tier system for best conditions
  • Interest rates require NEXO token staking
  • Regulatory uncertainties in some markets

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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

About Nexo

Nexo was founded in 2018 in London and has established itself as a leading crypto finance platform that extends far beyond simple exchange trading. The platform combines an integrated crypto exchange with crypto-backed loans, interest accounts, and a Nexo credit card into a comprehensive financial ecosystem. Nexo's core product is crypto-backed instant loans, where users deposit their cryptocurrencies as collateral and receive fiat currencies or stablecoins in return – without having to sell their coins. Additionally, users can earn interest of up to 12% p.a. on their crypto deposits. The Nexo card enables spending crypto in everyday life. Nexo targets crypto investors who want to productively use their holdings without selling them. The tier system rewards users who hold NEXO tokens with better conditions. The platform is insured through Ledger Vault and BitGo but is not subject to unified global regulation.

Nexo FAQ

How do crypto loans work at Nexo?
At Nexo, you deposit cryptocurrencies as collateral and instantly receive a loan in fiat or stablecoins. The loan interest rate starts at 6.9% p.a. and depends on your loyalty level. There are no fixed repayment deadlines, and your crypto remains in your possession.
How much interest can I earn at Nexo?
Interest earnings at Nexo depend on the asset and your loyalty level. Stablecoins can yield up to 12% p.a., Bitcoin and Ethereum typically 4–8% p.a. Higher yields require NEXO token staking and payout in NEXO tokens.
What is the Nexo card?
The Nexo card is a credit card backed by your crypto holdings. You can use it for everyday payments without having to sell your cryptocurrencies. Instead, a loan is taken against your crypto collateral.
Is Nexo insured?
Yes, Nexo uses custodian services from Ledger Vault and BitGo, which are secured by first-class insurance policies. Client funds are stored in audited cold storage infrastructure.

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