Nexo: Buy Bitcoin & Crypto 4+

Еarn interest on your assets

Nexo Capital Inc.

    • 3.9 • 1.2K Ratings
    • Free

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Description

Nexo is an easy-to-use and secure place to buy crypto and instantly start earning interest. You can also exchange digital assets or borrow cash against your crypto.

6M+ people in over 200 jurisdictions trust Nexo with their digital assets. It’s a security-first crypto platform that gives you everything you need to utilize the potential of your investments.

BUY, SELL & TRADE CRYPTO INSTANTLY

Buy Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Solana (SOL), Avalanche (AVAX), and 60+ other top cryptocurrencies with a bank card or wire transfer. Get up to 0.5% cashback on your purchases. Swap hundreds of market pairs via the Nexo Еxchange with zero fees.

EARN DAILY INTEREST ON YOUR ASSETS

Make your idle crypto assets work for you. HODL and earn compound interest, paid out daily. Choose between earning in-kind or in NEXO Tokens while staying in control of your funds. Start collecting crypto interest up to 24 hours after purchase or top-up. Get a comprehensive breakdown of your total earning balance and the passive income it’s accumulating for you.

BORROW CASH OR STABLECOINS AT RATES AS LOW AS 0%

With Nexo’s Instant Crypto Credit Lines, you can borrow stablecoins, USD, EUR, GBP, and 40+ other fiat currencies against your crypto. Borrowing rates start from 0% interest and you get the funds within 24 hours in most cases. Get complete control over your loan's health at all times. Pay off your balance partially or fully when you want, with no fixed payment schedule.

SPEND USING THE NEXO CARD

The Nexo Card is tied to our Instant Crypto Credit Lines. It uses your crypto assets as collateral to finance your daily purchases. This way you keep your crypto and get instant liquidity against it.

• Get funds from just 0% interest
• Get up to 2% cashback on all purchases
• No minimum monthly repayments
• No monthly, annual, or inactivity fees
• Support for Apple Pay and Google Pay
• Free additional virtual card

NEXO IS SECURITY FIRST

Nexo is a licensed and regulated institution that relies on strong fundamentals and a secure infrastructure to protect customer funds.

• Top-tier insurance on custodial assets
• Strict collateralization requirements
• Military-grade 256-bit encryption
• ISO 27001:2013 and SOC 2 Type 2 certification
• Address whitelisting & 2FA
• Withdrawal confirmations & log-in alerts
• 24/7 customer support

GET DISCOUNTS & REWARDS WITH THE NEXO TOKEN

• Up to 50% higher earning rates
• Borrowing rates starting from 0% interest
• Up to 2% back on Nexo Card purchases
• 1 free monthly withdrawal on BTC and ETH networks

REFER FRIENDS & EARN $25 IN BITCOIN

For each friend who joins Nexo, we’ll give both of you $25 in BTC. Simply sign up, generate your referral link and you are ready to go. There’s no limit on the number of friends you can refer, so invite as many as you can!

60+ SUPPORTED ASSETS

Cryptocurrencies:
Bitcoin (BTC), Ethereum (ETH), NEXO Token (NEXO), Avalanche (AVAX), Solana (SOL), ApeCoin (APE), NEAR Protocol (NEAR), The Sandbox (SAND), Aave (AAVE), Curve DAO Token (CRV), Gala (GALA), SushiSwap (SUSHI), Kusama (KSM), Axie Infinity (AXS), Fantom (FTM), Cosmos (ATOM), Decentraland (MANA), Polygon (MATIC), Polkadot (DOT), Uniswap (UNI), Cardano (ADA), Optimism (OP), Dogecoin (DOGE), Litecoin (LTC), Bitcoin Cash (BCH), Stellar (XLM), XRP (Ripple), EOS, Binance Coin (BNB), Chainlink (LINK), PAX Gold (PAXG), Tron (TRX), and many more.

Stablecoins:
Tether (USDT), USD Coin (USDC), Binance USD (BUSD), Pax Dollar (USDP), TrueUSD (TUSD), and Dai Dollar (DAI).

DISCLAIMER

All or part of the Nexo Services, some features thereof, or some Digital Assets, are not available in certain jurisdictions, including where restrictions or limitations may apply, as indicated on the Nexo Platform and in the relevant general terms and conditions.

What’s New

Version 4.2.1

Nexo is one of the world's most trusted digital asset platforms, where you can easily buy, trade, borrow, and earn on your cryptocurrencies. In this latest update, we've polished the app to make your Nexo experience even smoother.

Ratings and Reviews

3.9 out of 5
1.2K Ratings

1.2K Ratings

Mr. Willcott ,

No interest notifications for 2/5/21

There are things I like about this new update, but things that I don’t care for, as well. I love the exchange feature. It adds a lot to the app. But I don’t like that it came at the expense of transaction records for staking interest. There is no longer a section devoted to it. Granted, we can get the amounts in the notifications drop down menu in the upper right corner, but it gives out less information than the old version did. Also, as of 2/5/21, I didn’t get any notifications for interest payments, so I can’t update my portfolio records. The best way to fix this is to bring back the Transactions tab at the bottom. Just make all of them a little bit smaller to allow another tab, and run it like you used to. Relying on notifications for interest payments just isn’t the most fool-proof method. Other than that, nice app.

Update (2/9/21):

The new update does not address the problem. It told me that there were 12 updates up top, but when I clicked on it, all I got was a blank list with a message “no new notifications”. All past notifications aren’t showing, along with any new notifications. Please just bring back the Transaction section in some form or another. I don’t think that notifications were ever intended to function as a permanent transaction history log.

Developer Response ,

Hi, thank you for the provided feedback. We will take into consideration every aspect out of it.

HumboldtDryGoods ,

Awesome for crypto beginners.

Nexo is similar to vault projects on defi but is simple to use with many features of defi built
In to one app that ultimately builds a credit line u can borrow against, new investors to crypto need to understand the benefits of being able to borrow in times of need while never touching their underlying assets, speak to your tax professional for details but keep in mind that when u sell crypto u pay taxes but when u borrow against it that’s treated as a simple loan. Much better for long term investors who want to build a retirement portfolio with crypto but still be able to tap in to it for financial emergencies or that vacation. Not to mention you can also borrow against your gains to buy more crypto, as a way of taking profit without selling assets until they fully mature. This allows you to multiply your exposure to market movement on the way up with little chance of liquidation due to the ratios of collateral Nexo forces u to maintain, even with the huge dip that happened in the last few months none of my holdings where liquidated and I was able to buy more crypto during the dip and achieve extra profit in this way! I also get free crypto in the form of dividends payments. I love nexo!

Developer Response ,

Hi. Thank you for your kind words and 5-star review. We are deeply appreciative of it. :)

rixybusiness8090 ,

Lost ETH then found

Sent about 150 worth of ETH over Matic to my Coinbase account because it stated “no fee”. Been waiting now for 2 weeks. I sent a message to customer support within the app about 5 days ago and haven’t heard back. Update: heard back day 6. They told me basically that I’m out of luck. It would have been nice to see a disclaimer next to the “no fee” Matic option “may not work for all receiving wallets, use this option with caution” or something like that. There’s no way anyone would know that it may not work. To me that seems a bit scammy. What if I had transferred 1000 or more? Geez. I’m just chalking it up to a gambling loss at this point at 150 but it’s still a lot for me to lose with no recourse. Because of this I will never recommend nexo.

Update: wow maybe 2 months later I finally got my ETH. I thought for sure it was a goner. Of course the price of crypto has dropped so much since I originally made the transfer that I only have about half of what I originally sent. Updated my rating from 1 star to 3.

App Privacy

The developer, Nexo Capital Inc., indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Used to Track You

The following data may be used to track you across apps and websites owned by other companies:

  • Identifiers
  • Usage Data

Data Linked to You

The following data may be collected and linked to your identity:

  • Contact Info
  • Identifiers
  • Usage Data

Data Not Linked to You

The following data may be collected but it is not linked to your identity:

  • Diagnostics

Privacy practices may vary, for example, based on the features you use or your age. Learn More

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