So, with crypto growing by leaps and bounds, networks are experiencing large scale congestion and the transaction fees are becoming insanely high as a result. This presents a unique problem for those of us who typically possess and move small amounts. In many cases, the transaction fees are significantly higher than the amount being sent, making it highly impractical or even impossible to send assets from A to B. Nexo Wallet has the answer.
Zero transaction fees. That's right, Nexo charges no fees whatsoever to send or receive crypto. There are no minimum deposit amounts, either. On top of that, most assets held on Nexo accrue interest daily. The wallet supports a few popular cryptocurrency options and offers a line of credit backed by holdings (though I never recommend credit lines).
Users who hold NEXO tokens equal to 10% of their total asset value enjoy monthly dividends from Nexo (which increase the longer you hold the tokens) and an extra 1-2% APY on interest-yielding assets, as well as a lower APR on the credit line that I still do not recommend. If you're interested in getting away from transaction fees until the crypto networks catch up with the sheer volume of transactions happening, click here to give Nexo a try.