Nexo Interest Rates

Nexo is one of the most popular crypto interest account platforms, and has withstanded while other centralized platforms have closed.

Nexo Earn is the interest-bearing product for crypto deposits.

Nexo offers a crypto credit card, competitive crypto interest rates, and does not require lock-up periods, although you can earn an additional 1% with a 1-month term lock up (completely optional and a manual process that needs to be renewed each month)

You also get free withdrawals (1-5 per month), depending on loyalty level.

Nexo also supports and pays interest for popular altcoins like Solana (SOL), Avalanche (AVAX), Fantom (FTM) and Polygon (MATIC).

How does Nexo pay interest?

Nexo pays interest on over 30 cryptocurrencies on a daily basis.

Being a crypto lending company, Nexo pays interest on your deposits that it loans out to other customers (either individuals or institutions).

Nexo has focused on keeping its financial health by focusing on strong fundamentals, including over-collateralization to weather volatile markets, real-time audits by a third-party and market-neutral strategies to keep risks low. However, all crypto lending platforms carry a certain amount of risk that needs to be considered when entrusting your funds to any custodial service.

Is Nexo available in the US?

Nexo does not pay interest on crypto in the United States of America and Canada. See other crypto interest account platforms available in the US.

Nexo interest rates

Nexo introduced balance limits and variable interest rates depending on:

• your loyalty tier (the amount of Nexo tokens in your account)
• type of interest paid out (in kind or in Nexo tokens, which gains more)
• type of savings term (flex or fixed, which gains more)