Nexo

Kraken vs Nexo

Kraken Logo

Kraken

Kraken is a digital asset exchange platform that was founded in 2011 and is headquartered in San Francisco, California. UK Residents: Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you shou...

Nexo Logo

Nexo

Nexo is one of the most popular crypto interest account platforms, with Nexo Earn. In late 2024, Nexo rebranded itself as a "digital assets wealth platform," shifting focus from general crypto lending to serving affluent clients with tailored weal...

Platform
Kraken Platform
Nexo Platform
Website
Bonus
Up to $500 USDC with $50,000 deposit in a 3, 6, or 12-month Fixed Term
Token
NEXO
Founded
2011
2017
Headquarters
San Francisco, CA
Switzerland
Availability
Worldwide
Worldwide

Cryptocurrency Rates

BTC Rate
0.15%
4%
BTC Max
6%
ETH Rate
2.5%
5%
ETH Max
7%
7%
LTC Rate
5%
LTC Max
7%
DOGE Rate
1%
DOGE Max
3%
Stablecoin Rate
6.5%
11%
Stablecoin Max
13%

Fees & Financial

Compounding
No
Yes
Payouts
Once or twice a week, depending on coin
Daily
Fees
Yes
Limited free withdrawls per month
Lockup
None or 1 month
Maker Fee
0.16
Taker Fee
0.26
Kraken Logo

Kraken Pros

    • Offers on and off-chain staking
    • Full exchange services

Kraken Cons

    • Interest rate will vary (Kraken takes a flat 15% from staking rewards)
Nexo Logo

Nexo Pros

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

Nexo Cons

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

Earn Interest on Crypto

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