Will I receive interest on exchanged assets?

This information comes directly from Nexo's help center

Please be advised that new crypto and fiatX top-ups do not earn interest until the 24-hour cool-off period is over. If assets on cool-off are exchanged within our platform, then the new assets acquired via the exchange will be subject to the same 24-hour cool-off period.

On the other hand, assets that have already passed the 24-hour cool-off period are not subject to another cool-off period if exchanged within Nexo.

As an additional benefit to all users, the 24-hour cool-off period is not applied to assets bought with a Debit/Credit card on the Nexo Exchange. Therefore, you will receive your first corresponding yield with the interest payout the following day.

Important:

1. Exchanging crypto for fiat or vice versa, buying crypto with card, and the Nexo Booster are unavailable for clients residing in Australia.

2. The Nexo Earn Interest Product is not available for citizens or residents of certain jurisdictions, including where restrictions may apply, such as Bulgaria, Estonia and the USA.

Source: Will I receive interest on exchanged assets?
August 23, 2022
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