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, so then it would be 5 or 6%, but this is not available for US customers.

Finally, you can earn another 1% on top of that if you lock up your BTC in a fixed term.

This example is for BTC, at the time of writing. Other assets, including stablecoins, have different rates.

August 21, 2022
Was this article helpful?

Leave a Reply

Your email address will not be published. Required fields are marked *