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Binance vs Nexo

VS

General

Platform
Binance logo
Nexo logo
Founded
Binance 2017
Nexo 2017
Headquarters
Binance Malta
Nexo Switzerland
Availability
Binance Worldwide, excluding US
Nexo Worldwide

Fees & Financial

Bonus
Binance
Nexo Up to $500 USDC with $50,000 deposit in a 3, 6, or 12-month Fixed Term
Token
Binance BNB
Nexo NEXO
Compounding
Binance No
Nexo Yes
Payouts
Binance Daily
Nexo Daily
Fees
Binance
Nexo Limited free withdrawls per month
Lockup
Binance Flexible
Nexo None or 1 month
Maker Fee
Binance
Nexo
Taker Fee
Binance
Nexo

Cryptocurrency Rates

BTC Rate
Binance
Nexo 4%
BTC Max
Binance
Nexo 5.5%
ETH Rate
Binance
Nexo 5%
ETH Max
Binance
Nexo 6.5%
Stablecoin Rate
Binance
Nexo 8%

Pros

No pros listed

Cons

No cons listed

Pros

  • Good rates for all coins deposited
  • Popular platform
  • 1-5 free withdrawal per month depending on loyalty tier

Cons

  • $5,000 minimum deposit
  • Best rates require earning in NEXO token