How to buy nexo: Where To Buy Nexo Tokens: The Complete Guide


holding nexo tokens


The token is a native of the Nexo platform and makes up the core of the Nexo blockchain-based system, whose core activity is instant crypto-backed loans. The Nexo platform rewards users with a percentage of their trade volume provided they hold a certain amount of NEXO (above 1% of total portfolio value). This cashback increases with the percentage of NEXO held. Nexo is a platform that gives you the opportunity to earn interest on your crypto by lending out coins like Bitcoin and Ethereum for certain amounts of time. Meanwhile, borrowers can take out low-interest cash loans from Nexo by putting up their crypto holdings as collateral. Hardware wallets like Ledger store cryptos on a physical device that cannot be remotely hacked as it isn’t connected to the internet.

Trading in the financial market is a risky business. Beyond inherent errors, human errors like sending tokens to a wrong address without reversal exist. Therefore, you must perform due diligence before buying tokens.

Another good time to buy NEXO is before dividend payment. As stated in a previous section of this page, Nexo pays 30% of its net profits as dividends to NEXO holders every year. Eligibility requirements are KYC registration and NEXO tokens held/staked in your wallet at least ten days before dividend payment (Ex-dividend date). If you intend to trade NEXO without taking advantage of the Nexo platform, then an exchange wallet may be right up your alley. Exchange wallets are wallets that come with your account on a centralised exchange, like your account on Binance. While Nexo has a built-in exchange, it’s easier to trade NEXO on your preferred centralised exchange to avoid having to switch between apps just because you want to trade NEXO.

Get the Most Out of Nexo

Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Traders find it easier to use web wallets to store their NEXO instead of hardware and software wallets. Since 2018 Nexo has strived to bring professional financial services to the world of digital assets. CoinGate is a Lithuanian-based fintech company founded in 2014. The payment gateway offers cryptocurrency payment processing services for businesses of any sizes.

Following two successful Buyback programs for $12M and $100M, in August 2022, we launched a third $50M repurchase of NEXO Tokens. You can deposit a wide range of cryptos such as Bitcoin, Ethereum, and Dogecoin to earn interest on your holdings using Nexo. Nexo rewards holders with 30%of their net profit at the end of a successful financial year.

If you are fairly new to cryptocurrencies you might still be struggling with the concept of private key and why it’s so important. Perhaps you just get into cryptocurrency by purchasing coins on an exchange platform but didn’t even realize that they hold the private keys to your cryptocurrency. The easiest way to buy Nexo tokens is through the Nexo exchange on the mobile app or web. On the page, tap on “exchange” and select the “buy with card” option. Then, choose between “Mastercard or Visa” and enter your card details. Confirm your purchase and proceed to earn, borrow, or swap your Nexo tokens.

crypto assets

If, after reading, you come to the conclusion that Nexo isn’t the right choice for you, go to our crypto exchange comparison page. Nexo is one of the world’s biggest crypto lenders. The platform is equipped with quality infrastructures designed to protect assets at all times. It has a $775 million insurance on custodian assets and performs third-party audits by Armanino. Not only this, but it also uses military-grade class III vaults to secure its assets. But if you’ve traded cryptocurrencies for a while, you would understand that all of these do not mean you can’t lose your money.

CFDs and other derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money. The SEC is the most recognised regulatory authority in the US in regard to financial conduct, trading, and asset management. Investors can either choose to invest in NEXO for short periods of time in search of quick profits or longer durations depending on the financial targets they set themselves.

The effects of a downtrend could be magnified if your portfolio is skewed towards one token. Nexo holders also enjoy lower borrow fees on their lines of credit. The more NEXO you hold in your overall portfolio, the lower your fees. Users who hold significant amounts don’t pay borrow fees.

Get 2% Back in Rewards on Your Nexo Card

The NEXO Token is our native cryptocurrency which brings token holders numerous benefits on our platform. We may receive financial compensation from these third parties. Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications.

Alternatively, wallets like Math Wallet and Coin 98 work with several blockchains. The world’s most popular hardware wallet to keep your favorite crypto safe, including Nexo. Our Bluetooth® hardware wallet lets you manage and protect all your crypto on the go, including Nexo.


Earn up to 5% APR more on selected assets with our 3- and 6-month Fixed Terms.

The NEXO Token is the key to unlocking the full potential of Nexo. Get even higher earning rates and our lowest borrowing rates. Nexo gives outlines of credit while others like Celcius and Block Fi give out lump-sum loans. With lines of credit, users can continue to draw from the line until they reach the limit. With a loan of the same value, users get $50,000 once as a lump sum. Stablecoins such as USDT are digital currencies tied to the value and performance of national currencies like the dollar or the British pound.

See the progress we’ve made so far as we continue to improve the utilities behind our native token even further.

You will have to set up an account with a broker or exchange to start buying Nexo. As security and ease of use will likely be important to you, we suggest you choose from one of the reputed platforms we have picked out for you below. As we explained earlier, holders can use them as repayments to Nexo, with a 50% discount on the interest rate if you use them. The total supply token is set as 1 billion Nexo, and the market is $323,948,441. The more NEXO Tokens you hold in your portfolio, the more crypto rewards you will earn back when using your Nexo Card.

Transfer your Nexo to your hardware wallet.

Get rewarded on every purchase in Bitcoin – up to 0.5% back – or NEXO Tokens – up to 2% back. Buying and holding onto NEXO tokens is the most common strategy among investors that seek to see their portfolios gradually accumulate over the long term. This is an easy method of producing profit that requires little effort and application.

C. Third Party Payment

After 1 minute, your order will be recalculated based on the current market price. You can click Refresh to see the new order amount. For better coin compatibility, you consider buying a stablecoin like USDT or BUSD first, and then use that coin to buy Nexo . Pick NEXO as the asset you want to purchase and enter how much you would like to spend. You can acquire NEXO Tokens through the Nexo Exchange inside our platform or through a third-party exchange.

Hence, purchasing NEXO in those regions may be breaking certain regulations. Ensure you are allowed to own the token in your country. It is run by a board of executives and does not have a DAO.

If you want to transfer funds to your Nexo account, refer to this support article. Yes, all NEXO Tokens used as collateral will also earn interest. It doesn’t matter if your tokens are in your Credit Line or Savings Wallet as long as they are in your Nexo account. Read more about our Loyalty Program and the perks of our native token here .