Nexo (NEXO)

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Nexo (NEXO) is a cryptocurrency made by Credissimo, a European FinTech Group and market leader in the Online Consumer Lending segment across Europe. Credissimo was founded in 2007 and therefore has more than 10 years of experience in the FinTech industry. The team behind Credissimo moved into the cryptocurrency arena in 2017 with the launch of Nexo, a cryptocurrency and the world’s first blockchain-based cryptocurrency-backed loan platform. 

With Nexo, users deposit supported crypto assets including, apart from Nexo (NEXO), also Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Binance Coin (BNB), Litecoin (LTC) and 17 other cryptocurrencies to earn an instant cash loan in 45+ fiat currencies. Upon depositing crypto, a credit line becomes instantly available and no credit check is necessary. Users can spend from their credit line anytime by the Nexo card or withdraw directly to their bank account. When your crypto goes up in value, additional credit is automatically and instantly available on your credit line. Also, all crypto assets are insured and secured by the renowned SEC-approved custodian BitGo.Apart from Nexo’s instant crypto credit line, users can earn 8% interest per year with compound interest paid out daily with no fees for loaning out crypto or fiat currency. 

In addition to Nexo’s financial services, Nexo (NEXO) token holders reportedly receive passive income in the form of 30% of the company’s profits. As well, token holders also receive discounted -50% rates on Nexo’s Instant Loans.

Currently, Nexo is the largest and most trusted lending institution in decentralized finance as it has processed $700 million for 200,000+ Nexo users and has received more than $1 billion in Instant Crypto Loan requests. Moreover, Nexo is supported in more than 250 jurisdictions and supports 45+ fiat currencies. 

In this tag you can discover Nexo (NEXO) news, price prediction, opinion and analysis created by users.


I am Closing Nexo Account After Three Years: From Pioneering Platform to Growing Frustration

12 Mar 2025 5 minute read 4 comments KMatt

It is never a straightforward decision to leave a financial platform after three years of being together with it, when the initial rapport was that of excitement and trust. In Nexo's case specifically, as a centralized exchange (CEX) with specialized...

Nexo reveals its 2025 development plan

24 Jan 2025 1 minute read 0 comments Galaxie Crypto

Active since 2018, in cryptocurrencies, Nexo is expanding its activities and partnerships.   Nexo is a platform that allows its users to obtain loans in fiat money (euro, dollars, etc.), with as collateral, a pledge on the crypto-assets of the users....

Why is Nexo good?

16 Dec 2024 3 minute read 0 comments MrRefferator

Why is Nexo good❓ See, based on my views❗ Dear my friends and followers. I'm bringing a topic that has already been introduced on the Publish0x platform, yet based on my arguments, the content will be unique. I believe that one of my fellow edito...

Nexo is rebranding

31 Oct 2024 1 minute read 4 comments LeftFooted

I genuinely don't know why companies do this sort of thing. Let me explain. Nexo is rebranding. The name remains the same, there's a new slogan 'Wealth forward', a new logo and so on. Fine, all good. It's called redesign, not rebranding, in my opin...

Why does the Nexo follow the bitcoin course?

6 Oct 2024 2 minute read 0 comments Galaxie Crypto

As you know, cryptocurrencies are a real place for monetary innovation, it is also an intense speculative market. It is difficult to understand why an asset is going up or down. Today we look at the price of Nexo Token which seems to benefit from the...

Binance Introduces Fixed-Rate Stablecoin Lending

8 Sep 2024 1 minute read 0 comments KMatt

Binance, a leading global cryptocurrency exchange, has announced the introduction of a new fixed-rate stablecoin lending service, aimed at providing users with greater stability and predictability in managing their digital finances. What is Binance F...

From MATIC to POL: A New Era

23 Aug 2024 1 minute read 0 comments KMatt

On September 4, 2024, Polygon, one of the leading scaling solutions for Ethereum, will begin a major upgrade: the transition from MATIC to POL. This evolution represents a significant step towards Polygon 2.0, an enhanced version of the platform des...

🚀 Discover Nexo and take advantage of the last 5 days of our incredible Hunt Program! 🚀

2 Jul 2024 1 minute read 0 comments Kryptowork

Hey everyone, I want to share something amazing I’ve found – Nexo! If you’re into crypto like I am, you’re going to love Nexo. It’s not just a place to keep your crypto assets safe, but a platform where you can truly make the most out of them. 📈 Ear...

$12 million Nexo token treasure hunt

11 May 2024 1 minute read 0 comments KMatt

Nexo recently launched a "treasure hunt" campaign with a total of approximately $12 million in Nexo tokens up for grabs.Old and new users exploring the Nexo ecosystem can participate. How to collect points Point multiplier Weekly multiplier The firs...

Nexo rewards campaign until 7th July

10 May 2024 1 minute read 0 comments Vladan Lausevic

Nexo, a crypto lending protocol, is celebrating its sixth anniversary by allocating 10 million NEXO tokens, valued at $12.5 million, to users.   The campaign runs until July 7. Users can earn points through asset top-ups, Nexo Card activations, fiat...