Official What are the Trading Fees on Nexo Pro?
Each trade on Nexo Pro comes with a Trading Fee, which will be displayed at the bottom of the Buy/Sell panel: The exact fee depends on several factors, such as your Pricing Tier, Maker vs. Taker role, and whether you are trading on the Spot or Futures Exchange. The current fees are available on this…
Official How do I activate/deactivate Margin Trading?
In order to activate Margin Trading on your Nexo Pro account, you will need to click on the gear wheel icon located in the upper-right corner of the screen on the Nexo Pro platform and select โMargin Tradingโ from the dropdown menu. Once you are on the Margin Trading screen, toggle โEnable margin tradingโ to…
Official What is Cross Margin?
Nexo Pro utilizes the ๐๐ฟ๐ผ๐๐ ๐ ๐ฎ๐ฟ๐ด๐ถ๐ป method, meaning that all of the assets stored in your Nexo Pro portfolio will be used as collateral for all of your loans generated through margin trades on the Spot Exchange. For example, if you open a margin-based Buy order on the ๐๐ง๐/๐จ๐ฆ๐๐ง pair and also have DOT and AXS…
Official Margin Trading on the Spot Exchange
In order to place a leveraged order on the Spot Exchange, you will need to ensure that margin trading is activated on your Nexo Pro account. Margin trading is built on the principle of leverage, meaning that as a result of the trade you will receive the desired asset in a larger amount (up to…
Official How do I open a trade on the Futures Exchange?
The Futures Exchange allows you to profit from price movements in both positive and negative direction by either opening a Long or a Short position, respectively. Futures Positions are denominated and settled upon closing in USDT. To open a position on the Nexo Pro Futures Exchange, you need to: 1. Select a trading pair. 2….
Official Nexo Pro Balances – Explained
โ Total Equity: Total Equity represents the total balance that you own in Nexo Pro, minus all borrowed funds through. โ Total Balance: Total Balance means the total amount of all Digital Assets in the Nexo Pro Account, regardless of whether they are borrowed or not. โ Outstanding Loan: The Outstanding Loan represents the amount…
Official Do NEXO Tokens kept in my Nexo Pro account count towards my Loyalty level?
At this time, NEXO Tokens moved from your Savings Wallet to your Nexo Pro portfolio do not count towards your Loyalty Tier on the Nexo platform. If you wish to transfer some of your NEXO to Nexo Pro, while continuing to reap the benefits of your Loyalty level, you will need to ensure that the…
Official Trailing orders on the Spot Exchange
A Trailing order can be thought of as a modified version of a Stop Loss or a Take Profit order. In a nutshell, a Trailing order follows (trails) the Spot price at a specified distance. It automatically adjusts itself and steadily follows the market’s price movement as long as it moves in the chosen direction….
Official Stop Market orders on the Futures Exchange
A Stop Market order on the Futures Exchange is an order type, which performs a Market order once a prespecified price has been reached. The price of execution is defined by the client, and once it is crossed or exceeded, the Stop Order acts as a Market Order and is carried out. With Stop Market…
Official TWAP orders on the Futures Exchange
With the algorithmic order type TWAP, or Time-Weighted Average Price, you can disperse a large order into smaller quantities and execute them at regular intervals automatically to minimize price impact. How to place a TWAP Futures order 1. First, you should navigate to the Futures Exchange. 2. From there, you have to select the ‘TWAP’ order type,…