Crypto Usage
Buy invest and spend crypto with nexo

Nexo is a unique crypto lending platform that also allows investors to earn interest on their cryptocurrency investments. The interest rate on its platform can vary depending on the distribution method and coin. Since it's based in Switzerland, it's less vulnerable to the increasing regulation of cryptocurrencies in the US. Unlike other financial institutions, Nexo allows users to take out loans with the amount of cryptocurrency they have in their account. Although it's not allowed to sell or buy cryptocurrencies through its platform, investors can still earn money by holding fiat and idle coins.

Since it was first established in 2017, Nexo has been able to provide its users with a wide range of services. It supports various types of cryptocurrencies and fiat currencies, and provides a variety of innovative features for traders in over 200 jurisdictions. As of 2022 and in compliance with recently-announced regulatory guidelines, Nexo no longer provides high-yield crypto savings accounts where users could earn interest on their stored cryptocurrencyto to new U.S. customers.

Nexo supports most of the major coins including BTC, ETH, PAXG, XRP, LTC, XLM, BCH, EOS, LINK, TRX, NEXO, and BNB. However, Nexo does not support wrapped coins that represent coins from another blockchain.

Location: Available globally with some exceptions: Bulgaria, The Central African Republic, Cuba, Estonia, Iran, The US state of New York, The US state of Vermont, North Korea and Syria.



One of the unique features of Nexo is its ability to provide users with a cash loan against their cryptocurrency holdings. Unlike other financial institutions, this service doesn't require users to pay monthly or credit checks. Instant crypto credit lines are available for just 5.9% APR, and they can be used in stablecoins or fiat currencies. Since it was first established, the company has been able to process over $5 billion in transactions. More than a million people have already benefited from this service. If the value of your collateral falls below an acceptable level, Nexo may issue a margin call. This means that you will have to add more collateral to your account or partially pay off the loan. If you don't take any immediate action, the company will either transfer your assets out of your savings wallet or start selling them to make the loan payments automatic.

Crypto Credit Card

Another great feature of the platform is the Nexo Card, which allows users to spend their cryptocurrency assets as collateral. It's similar to a credit card in that it allows users to earn up to 2% cashback on their purchases. The card is accepted by over 40 million merchants globally, and it can be used anywhere that you have an internet connection.

Earning Program

Aside from cryptocurrencies, investors can also earn interest on various fiat currencies such as the U.S. dollar, euro, and pound. To earn interest on these types of currencies, you can link your bank account to the Nexo wallet and transfer your assets to it. These transactions usually take around 1 to 3 days to close. Before you can start earning interest on these types of currencies, you must first complete additional verification.


  • Binance Coin BNB
  • Bitcoin
  • Cardano
  • Dogecoin
  • Ethereum
  • Polkadot
  • Solana
  • XRP

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