What is Nexo (NEXO)?
Nexo is a digital asset platform that provides tools for users to manage, grow, and preserve their cryptocurrency holdings. It offers a range of services, including crypto-backed loans, instant trading, flexible and fixed-term savings products, and a crypto debit/credit card. The platform operates with a focus on regulatory compliance, security, and long-term customer value.
The platform combines financial technology with user-focused features to support both everyday and long-term crypto users. Nexo’s savings options now offer up to 14% annual interest on select assets, with daily payouts and no mandatory lock-up. Users can also access trading tools, liquidity management, and a crypto card that supports both spending and borrowing without selling assets.
Security and compliance remain key priorities. Nexo holds certifications such as ISO 27001, ISO 27017, and ISO 27018, along with STAR Level 1 certification from the Cloud Security Alliance. It has completed a SOC 3 Type 2 audit and applies standard security measures like two-factor authentication, biometric login, and SSL encryption across its services.
The NEXO token is the native utility token of the platform, offering a range of benefits to users. Token holders can earn interest of up to 12% annually when storing NEXO in either the Savings or Credit Line Wallet. Holding NEXO also qualifies users for the Nexo Loyalty Program, which offers tier-based perks such as enhanced earnings on assets, lower borrowing rates starting from 2.9% APR, up to 0.5% crypto cashback on trades, and as much as 2% cashback on card purchases. Cashback rewards can be received in NEXO or other supported assets, depending on the user’s preferences.
As part of its broader growth strategy, Nexo plans to expand token utility further. New features under development include a launchpool for token-based project participation and improvements to the loyalty tier system, creating more ways for users to benefit from holding NEXO.
NEXO has a circulating supply of 646.14M NEXO with a total supply of 1B NEXO tokens.
Nexo is available on Binance for trade and purchase. Nexo’s current price is updated on Binance in real-time.