Nexo Interest Rates
Current Nexo Interest Rates
Last updated May 16, 2022.
We list base interest and max interest rates (conditions apply).
Lockup terms for 1 month adds 1-2%. Loyalty level based upon holdings in NEXO token. Earn max rate by earning in NEXO (normally 2%).
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- Availability: Worldwide, new US users unable to earn interest
- Network Token/Coin: NEXO
- Compounding Interest: Yes
- Payouts: Daily
- Deposit Lockup Terms: None or 1 month
- Withdrawal Fees: Limited free withdrawls per month
Nexo
Nexo is one of the most popular crypto interest account platforms.
Nexo offers a credit card, competitive rates, and no lock-up periods (although free withdrawals are limited to 1-5 per month depending on loyalty level).
Nexo also supports and pays interest for newer chains like Solana, Avalanche, Fantom and Polygon (MATIC).
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Compare Nexo to other top crypto interest account platforms
Nexo Pros
- Fairly competitive rates for all coins deposited
- Popular platform
Nexo Cons
- Limited to 1-5 free withdrawal per month depending on verification
- Nexo likes to play the shell game with rates, so it’s harder to know what rate you are earning and qualify for
FAQ
Is Nexo interest compounded?
Yes, Nexo compounds interest.
How often do you receive payouts at Nexo?
Daily.
Where is Nexo headquartered/located?
Nexo is located in London, UK.
Where is Nexo available (what countries is Nexo available)?
Worldwide, new US users unable to earn interest.
When was Nexo founded?
Nexo was founded in 2017.
Is Nexo legitimate?
Yes, Nexo is legitimate. Located in London, UK, they follow local regulations and only serve customers in areas ruled by those jurisdictions. Nexo has been in business since 2017.
Does Nexo pay interest on Bitcoin?
Yes, Nexo pays interest on Bitcoin.
Does Nexo pay interest on Ethereum?
Yes, Nexo pays interest on Ethereum.
Does Nexo pay interest on Dogecoin?
Yes, Nexo pays interest on Dogecoin.
Tagged as interest custodial
