Nexo makes earning interest simple and easy. Simply deposit your stable coins and let the interest flow. Users earn 8% per year on stablecoins with interest that compounds daily and is paid out daily. Stablecoins that Nexo support are TUSD, USDC, SAI (soon to be migrated over to DAI on February 3rd, 2020), PAX, and USDT. Users can withdraw their stablecoins at anytime and transactions are fast and free.

Nexo has both a website and a mobile app that are very user friendly. To deposit your stablecoins onto their platform, select the stablecoin you want to deposit and a deposit address will be provided.

Nexo is able to provide an interest rate of 8% through their lending platform. They provide a 11.9% interest rate to users who want to take out a line of credit on their crypto assets.

Sign up with Nexo today!