Nexo (NEXO)

Earn interest on crypto. Borrow against your holdings.

What is Nexo?

Nexo is a regulated crypto lending platform where you can earn interest on your crypto holdings or borrow cash against them without selling. Deposit Bitcoin, Ethereum, or stablecoins, and earn daily compounded interest. Need cash? Use your crypto as collateral for a low-interest loan — no credit checks, instant approval.

NEXO is the platform token. Holding NEXO gives you higher interest rates on deposits, lower interest rates on loans, and a share of platform revenue (paid as dividends). NEXO holders also get governance rights.

Nexo serves over 5 million users across 200+ countries. The platform is regulated in the EU and US, and insures custodied assets up to $375 million through Lloyds of London and other insurers.

How Nexo Works

Nexo operates like a traditional bank, but for crypto. You deposit assets into a Nexo account. Those assets earn interest (paid daily in the same asset or in NEXO tokens for a higher rate). If you need liquidity, you can borrow against your crypto at a loan-to-value ratio of up to 50%. Interest on loans is calculated daily and paid back flexibly — no fixed repayment schedule. The more NEXO tokens you hold, the better your rates. NEXO holders receive a portion of platform profits as dividends.

Nexo Ecosystem

Earn up to 12% APY on stablecoins and crypto
Instant crypto-backed loans with no credit check
Nexo Card — spend crypto with automatic loan conversion
NEXO token for reduced fees, higher APY, and dividends
Regulated and insured platform with $4B+ AUM

Team & Development

Nexo was founded in 2018 by Antoni Trenchev, Kosta Kantchev, and Georgi Shulev, co-founders of Credissimo (a European fintech lender). The platform launched with backing from Arrington XRP Capital and has grown to become one of the largest crypto lending platforms. Nexo is regulated by the FCA (UK) and holds licenses in multiple jurisdictions.

Frequently Asked Questions

Is my crypto safe on Nexo?

Nexo stores assets with BitGo and Ledger Vault (institutional custody). Funds are insured up to $375 million. Nexo has never been hacked. The platform is regulated and audited regularly. That said, any centralized platform carries custodial risk.

How does Nexo pay such high interest rates?

Nexo lends your deposited crypto to institutional borrowers and traders at higher rates, then passes a portion of the interest to you. It's the same model as traditional banks, but with crypto and better rates because overhead is lower.

Where do I store NEXO?

NEXO is an ERC-20 token on Ethereum. Use MetaMask, Ledger, or any Ethereum wallet. You can also hold NEXO in your Nexo account to earn higher interest and dividends.

Can I sell or swap NEXO?

Yes. Swaps supports selling NEXO for fiat and swapping it for other tokens.

Buy Nexo on Swaps

Compare Nexo prices from trusted providers. Buy NEXO with credit card, bank transfer, Apple Pay, and 29+ payment methods. Non-custodial — crypto goes directly to your wallet.