I am not getting my 6% every day?!!!
Just like pretty much everything in this world, interest is shown PER YEAR. This means, you get 6% per year, not per day. ANY company, regardless if it’s crypto or not, that tells you you can even make 1% back per day, is a ponzi / scam (unsustainable business).
Example of interest earned
Assuming you have $25,000 of BTC in your Savings Wallet on NEXO, you would accumulate 3% per year if you do not hold any Nexo as well. 4% if you hold at least $2,500 of Nexo in your account. And additionally 2% more if you choose to receive the interest in Nexo and not BTC,…
I am not getting the correct interest!
It may not be clearly explained within the app, but in order to get the full potential for rates, you need to max your loyalty level as well as get paid in Nexo, on top of that, you’ll need to add your assets to a fixed term (unless it’s stablecoins). Depending on how much NEXO…
Official Earn high-yielding annual interest on crypto assets – Explained
Follow these simple steps and start earning high-yielding annual interest on your idle crypto: 1. Log in to your secure Nexo account. 2. Transfer assets into your Nexo Wallet or purchase crypto directly on the Nexo Exchange. Earn on Crypto is available for BTC, ETH, LTC, XRP, EOS, XLM, BCH, USDT, USDC, TUSD, DAI, PAXG,…
Official Changes to Nexo’s Earn Interest Product in the U.S.
What prompted these changes? The first-of-its-kind settlement announced by the U.S. Securities and Exchange Commission and over 32 U.S. states on February 14, 2022, provided regulated clarity to crypto asset interest-bearing accounts in the U.S. and to the provision of such services going forward. Am I impacted by the product changes? The current changes only…
Official Minimum amount required to create a Fixed Term
The minimum amount of assets required to create a Fixed Term and start earning high-yielding annual interest are: Here you can find the minimum amounts required to start earning interest on your crypto for our FLEX Terms. Important: Nexo Earn Product is not available for citizens or residents of certain jurisdictions, including where restrictions may…
Official Earn daily interest up to 12% APY on your NEXO Tokens
Following the first governance vote in Nexo’s history, we are thrilled to be able to offer you Daily Interest on NEXO Tokens. Thus all NEXO token holders* can earn up to 12% interest on their NEXO holdings, paid out daily. We are pleased to say that the NEXO in both wallets (Credit Line and Savings)…
Official Earn up to 12% interest on EURx, GBPx and USDx
Please follow these three steps to make your savings work for you: Open your free and secure personal or business Nexo account by clicking here. Complete identity verification. Transfer your savings to your Nexo account. Please do not forget to use your unique reference code for EUR and GBP top ups. Earn! You will start…
Official Where can I see how much interest I have accumulated on my term deposit?
Please navigate to your FIXED TERM deposit by clicking on “Manage Wallets”: after that, please click on the “Fixed Terms” link: and you will be able to see how much interest was accumulated on your active Fixed Terms until now. If you changed the option of earning interest between “in-kind” and “NEXO Tokens” you will…
Official How to create a Fixed Term
In order to create a Fixed Term and further boost your gains, please follow the easy steps below. 1. Log on to your Nexo account and click on ‘Manage Wallets’: 2. Click on ‘Fixed Terms’: 3. Enter the desired amount and click ‘Create Term’ to complete the process: You may also want to click on…