Official Nexo Exchange services – Explained
As a further step towards offering Nexo clients a 360-degree banking service, the Nexo Exchange is equipped with features and benefits that give you an edge over other investors. To cater to the trading needs of various crypto communities, the Nexo Exchange enables instant exchanges between all currencies supported by Nexo. With the tap of…
Official Nexo Exchange – supported pairs
Currently, the Nexo Exchange supports the following pairs: Important: Exchanging crypto for fiat or vice versa, buying crypto with card, and the Nexo Booster are unavailable for clients residing in Australia Trading Terra Classic (LUNC) via the Nexo Exchange is currently unavailable Trading Huobi Token (HT) via the Nexo Exchange is currently unavailable Trading NEXO…
Official How to exchange your collateral for other assets – Explained
The Collateral Exchange Feature You now have the ability to preserve the value of your collateralized assets during a market downturn and improve the health of your credit line in a matter of seconds with Collateral Exchange, i.e. the option to exchange assets in your Credit Line Wallet. The feature allows you to: maintain a…
Official What is the minimum/maximum order size on the Nexo Exchange?
The minimum order on the Nexo Exchange is ±30 USD, and the maximum is ±250,000 USD. There is no limit as to how many transactions you can make during any given day. Please note that the values above are intended as a general reference and may vary due to dynamic factors. Therefore, we recommend that…
Official Get up to 0.5% cashback with every crypto purchase or swap
Effective December 9, 2021, you can get up to 0.5% cashback with every purchase or swap through the Nexo Exchange as long as you are in the Silver, Gold, or Platinum tier of our Loyalty Program. Please find the cashback rates per loyalty tier in the breakdown below: Silver: 0.10% cashback (1-5% NEXO Tokens) Gold:…
What is the NEXO Exchange?
The Nexo exchange has been released to the public. It let’s users swap or exchange assets (called pairs). So, for example, you can exchange Bitcoin BTC to Tether USDT or vice-versa.
Why does the Nexo exchange work with a hidden fee rather than being open about it and will this rate change in the future??
According to Nexo: There is no concept of hidden fees. They pioneered the 0-fee policy. They are very transparent of all charges they make. The hidden fee is referring to Spread. Has to do with bid/ask on exchanges (do not forget, the Nexo Exchange takes the best available price from numerous third party exchanges to…