Alberta, British Columbia, Canada, Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Online, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon
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Since 2018, Nexo has been renowned for its digital financial services that allow individuals to access crypto opportunities. They are one of the biggest and most trusted digital institutions that leverage their experience in FinTech and manage assets for four million users in two hundred jurisdictions.
One of the benefits you can access from Nexo is their ‘Buy Crypto’ feature supports 38 in-demand cryptocurrencies such as NEXO Token and a lot more. This includes competitive market prices, monitored from their Smart Routing System to see prices across the top ten exchanges.
Additionally, you can earn up to 17% on daily compound interest once you buy cryptocurrency from them. Not only that, they allow cryptocurrency purchased through your Mastercard & Visa for a seamless transaction.
Their direct on-ramps for USD, EUR & GBP allow for fast transfers, which SEPA and SWIFT top-ups take one to three business days to go through, while GBP transfers are instant. Depending on your loyalty membership, you can instantly receive up to 0.5% cash back for every crypto bought on the Nexo Exchange.
The second benefit you can access from Nexo is their ‘Earn Crypto’ feature, which allows you to earn up to 17% APR interest on your crypto, which gets paid out daily. It features a daily payout, so you get to receive the interest you’ve earned instantly, which allows you to make interest on top of it the following day.
With their flexible earnings, you can take advantage of your crypto yield and gain bonus rates for fixed terms. Additionally, there are zero fees to withdraw your funds without losing the interest accrued. On top of this, they have top-tier insurance in place to avoid hacks, theft or loss of private keys.
The third benefit you can access is their ‘Instant Crypto Exchange’ feature. It includes competitive market rates from their Smart Routing System to ensure you get the most cost-effective one. You can choose between 300+ pairs with a fixed price to ensure a seamless cryptocurrency swap in real-time.
Additionally, you can earn high-yield interest as all assets are placed directly in your savings wallet.
The fourth benefit you can access from Nexo is their ‘Instant Crypto Credit Lines’ feature, which allows you to borrow a line of crypto credit with competitive rates starting from 0% and a maximum of 13.9%.
You can borrow and select from more than 40 flat currencies or through USDT or USDC with no instalments and easy repayments. Additionally, you can get approved within seconds and get however much you want to borrow within 24 hours.
The fifth benefit you can access from Nexo is their ‘Nexo Booster’ feature, allowing you to take advantage of your crypto holdings to borrow more funds and grow your portfolio up to three times. Instead of going through multiple avenues, the Nexo Booster provides a borrow and exchange transaction in one go.
The sixth benefit you can access from Nexo is their ‘Nexo Card’ which is accepted worldwide by more than 40 million merchants, up to 2% instant cashback on all spending, an extra virtual card for free and with no monthly or annual inactivity fees.
Additionally, they offer a reward program that allows you to get $25 in BTC every time a referral joins Nexo and tops up $100 or more in supported assets.
Welcome Bonus Promo (“the Promo”) is only available for new users who have not previously opened Nexo Accounts and meet all of the Promo’s conditions (“the Participants”).
Nexo shall pay a $100 Welcome Bonus, payable in BTC, to all Participants when the following conditions shall be met:
The Participant has registered their Nexo Account following a promo link, available through the landing page of the Promo, advertising the $1,000 top-up amount and $100 welcome bonus (“the Welcome Bonus”);
The Participant has completed their Identity Verification on the Nexo Platform;
The Participant has topped up Digital Assets the USD equivalent of which up to the topping-up time is at least $1,000 (“the Required Balance”) into their Nexo Account within the Promo Period for a period of 30 (thirty) days as of the topping-up (“the Retention Period”);
The balance of $1,000 should be sent into the Participant’s Nexo Account only from an external wallet; Participants who received internal transfers from other Nexo wallets will not be eligible for participation in the Promo;
The Participant should have in their Nexo Account Digital Assets the USD equivalent of which on the 30th day following the topping up time is at least the Required Balance.
The Participant complies with the present Rules, and the terms and conditions of the Nexo Wallet General Terms and Conditions and Nexo Earn Product General Terms and Conditions (together referred as to “General Terms”).
Nexo shall pay a Welcome Bonus of BTC, the USD equivalent of which up to the transfer time is $100 (hundred dollars) to the eligible Nexo Accounts at the end of the Retention Period. Requests for cash substitution, as well as requests for transfer or assignment of bonus to third parties, shall not be allowed nor considered by Nexo.
Nexo has the right to maintain the integrity of the Promo and in any event of fraud or fraud attempt, at its sole discretion, to revoke, deny or withdraw cashback, to block user’s access to particular products, and/or exclude a user from any future promotional offers.
By participating in Welcome Bonus Promo, every Participant declares their full and unconditional consent to the above requirements and the General Terms and accepts as final and binding all Nexo’s decisions with regard to the Promo. All relations between Nexo and the participants will be governed by the General Terms and the applicable law, as defined by the General Terms.
Alberta, British Columbia, Canada, Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Online, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon
Since 2018
Finance
English
Since 2018, Nexo has been renowned for its digital financial services that allow individuals to access crypto opportunities. They are one of the biggest and most trusted digital institutions that leverage their experience in FinTech and manage assets for four million users in two hundred jurisdictions.
There are a lot of reasons why you should use Nexo. Some examples include:
Nexo does not have prepayment, origination or instalment fees. To borrow a line of crypto credit, they provide a fixed rate which means the price provided is the only price you’ll pay. You can pay your current balance ultimately or pay interest for the period you borrowed at any time.
To become a part of Nexo, you need to go on their website and click ‘Create Account’. Once you get approved, you can access instant crypto credit lines and earn high-yield interest anywhere and anytime through the app.
Nexo is safe as they have high-quality blockchain technology in place. They are partners with well-known security providers in the blockchain platform, including BitGo, Ledger Vault and a few more. Additionally, they have insurance protections worth $375 million.
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Nexo support was very quick and proactive to process my address and telephone number change. They followed up after a day or two when I had not taken any action yet, very helpful and very reassuring with this high level of support.
I needed another platform to diversify my crypto earn opportunities. A friend recommended Nexo and sent an affiliate link. Verification went smoothly and the app is very intuitive with a professional Layout. The interest Rates offered are comparable to other platforms. There is now also a creditcard offered that I activated. Still have to figure out how to make use of it.
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