What it is
Nexo offers interest on crypto and stablecoin balances, credit lines secured against crypto, an exchange and a card, with loyalty tiers based on holding its token.
Who it suits
Long-term holders who want yield or liquidity without selling.
How it charges
Interest paid on balances at tiered rates; borrowing charged at an annual rate that depends on loyalty tier; exchange trades priced by spread.
Getting started
Sign up, verify identity, deposit crypto and choose to earn, borrow or trade.
At a glance
- Trading fees
- Spread-based
- Staking
- Yield on balances
- Custody
- Exchange
- Listed company
- No
- Headquarters
- Zug
- Founded
- 2018
Strengths
- Borrow against crypto without selling
- Yield on stablecoins and major coins
- Card that spends against a credit line
Watch for
- Yield products carry platform risk
- Not available to US clients
Readers ask2 questions answered
How does a Nexo credit line work?
You pledge crypto as collateral and borrow fiat or stablecoins against it; if the value falls the loan-to-value rises and can trigger liquidation.
Is Nexo available in the US?
No; Nexo withdrew from the US market.
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