NEXO
What is Nexo?
Nexo (https:/nexo.com) is a premier digital assets wealth platform empowering clients to grow, manage, and preserve their crypto holdings. Our mission is to drive the next generation of wealth by prioritizing customer prosperity and delivering tailored solutions for building long-term value, supported by 24/7 client care.
Since 2018, Nexo has been delivering unmatched opportunities to forward-thinking clients across more than 200 jurisdictions. Our all-in-one platform combines cutting-edge technology with a client-centric approach, offering high yields on flexible and fixed-term savings, crypto-backed loans, advanced trading tools, and liquidity solutions through the first debit/credit crypto card. Backed by deep industry expertise, a sustainable business model, robust infrastructure, security, and global licensing, Nexo champions innovation and long-lasting prosperity.
What is the NEXO Token?
The NEXO Token, is Nexo’s native cryptocurrency, offering a wide range of benefits on the platform. NEXO Token holders can earn up to 12% annual interest on tokens held within both the Savings and Credit Line Wallets in their Nexo accounts. Additionally, owning NEXO Tokens grants entry into the Nexo Loyalty Program (https://nexo.com/loyalty), providing valuable benefits such as higher yields on digital assets, up to 0.5% crypto cashback on purchases or swaps made via the Nexo Exchange, borrowing rates starting from 2.9% annual interest, and up to 2% crypto cashback when using the Nexo crypto credit/debit card.
Where can you buy NEXO?
NEXO tokens can be traded on well-established centralized crypto exchanges. The most popular exchange to buy and trade NEXO is Binance, where the most active trading pair NEXO/USDT has a trading volume of $1,398,440 in the last 24 hours. Other popular options are Bitget, Bybit, Bitstamp, Bitfinex, Gate.io, and many others.
Cryptocoins News / EthereumWorldNews - 2 years ago
Nexo will be shutting down its operations in the United States.The London-based crypto lender cited the lack of regulatory clarity as the reason for this move.The lender’s negotiations with U.S. regulators have failed to yield any results. Nexo is f...
by COINS NEWS - 2 years ago
It is amazing that after the lending platforms Celsius, Voyager, and Gemini Earn have all halted withdrawals, people still have over $2 billion in Nexo. Recent Twitter Comments about Nexo Nexo is like absolutely on the TOP right here! No one will d...
Cryptocoins News / CoinJournal - 2 years ago
Gemini and Nexo have joined crypto exchanges Coinbase, Binance, and Crypto.com in getting regulatory approval from Italy’s Organismo Agenti e Mediatori (OAM).
KEY TAKEAWAYS
Both Nexo and Gemini can now offer virtual asset services to Italian c...
by COINS NEWS - 2 years ago
Good morning, I really appreciate some good due diligence or a nice discussion but using out of context numbers and including a lot of doom doesn't make any substantial Analysis. It's just spreading fear and doubt. First of all, Nexo survive...
by COINS NEWS - 2 years ago
After BlockFi declared bankruptcy today, it's time to take a closer look at Nexo. Nexo 10% “Yields“ As you can see Nexo is paying 10% on stablecoins. Where does this yield come from? If the yield is greater than the “risk free” market r...
Cryptocoins News / CoinJournal - 2 years ago
It’s been a chaotic week in the cryptocurrency space, with yet another centralised firm &- this time FTX &- going under.
Against this backdrop, the all-important issue of custody of assets has been thrown into the limelight. I wrote a...
Cryptocoins News / The Cointelegraph - 2 years ago
The firm withdrew its remaining balance from FTX at the 11th hour and topped weekly fund outflows from the troubled exchange. According to a Nov. 8 tweet, crypto lend...
Cryptocoins News / CoinJournal - 2 years ago
MetaQuants has launched a real-time appraisal algorithm for non-fungible tokens (NFTs).
Nexo-backed NFT technology provider MetaQuants has announced the launch of its new cutting-edge NFT pricing algorithm.
According to the press release shared with...
Cryptocoins News / Blockchain - 2 years ago
Speculations about crypto lender Nexo heading towards bankruptcy were squashed by the company's top-ranking members in an ‘Ask-Me-Anything’ YouTube video on Tuesday. (Read More)
Cryptocoins News / The Cointelegraph - 2 years ago
Co-founder Kalin Metodiev stated that comparisons between Celsius, Voyager and Nexo are “very far from reality” and that the firm is focused on building in a sustainable way....
Cryptocoins News / The Cointelegraph - 2 years ago
Co-founder Kalin Metodiev stated that comparisons between Celsius, Voyager and Nexo are “very far from reality” and that the firm is focused on building in a sustainable way....
Cryptocoins News / CoinJournal - 2 years ago
It’s the unfortunate reality that any crypto lender these days will be met with scrutiny, as the market still reels from the chaos caused by Celsius earlier this year.
Nexo has to date separated itself from the crowd. Last week it even announce...
Cryptocoins News / Blockchain - 2 years ago
There have been panic in the digital space amidst rumours of Nexo being insolvent due to the abrupt withdrawal of Wrapped Bitcoin (WBTC) from MakerDAO with an address labelled as Nexo Ox8fd (Read More)
Bitcoin News / Google News Bitcoin - 2 years ago
Wrapped Bitcoin Locked on MakerDAO Falls to 2022 Low After Nexo Withdraws Massive Amount of WBTC: Santiment& & The Daily Hodl
Cryptocoins News / The Cointelegraph - 2 years ago
The crypto community chose to link the funds’ withdrawal with Nexo’s insolvency rumors due to the wallet's name — Nexo: 0x8fd. Disclaimer: This article has been updat...
Cryptocoins News / The Cointelegraph - 2 years ago
Analysts fear NEXO price could come under pressure if regulatory action in the United States begins to intensify. Crypto lending firm Nexo is at risk of losing half of...
Cryptocoins News / The Cointelegraph - 2 years ago
Kalin Metodiev emphasized that Nexo has been navigating through conversations with regulators for the past couple of years to ensure compliance, and was surprised that this news was “thro...
Cryptocoins News / The Cointelegraph - 2 years ago
By acquiring a stake in the holding company that owns Summit National Bank, Nexo plans to expand its financial product offerings in the United States. Digital asset...
Cryptocoins News / CoinJournal - 2 years ago
Nexo has reportedly acquired a stake in Hulett Bancorp (DBA Mode Eleven), the bank that owns Summit National Bank.
The deal with the US federally chartered bank offers Nexo an opportunity to further serve its US customers in a regulated environment....