Nexo

Nexo

Centralized

Nexo review

Nexo, a well-regarded cryptocurrency wallet and lending platform, started its journey in April 2018. Led by Managing Director Antoni Trenchev, Nexo is registered in Estonia and has its base in Switzerland. With its user-friendly design, Nexo offers instant crypto loans, high-yield interest accounts, and a versatile exchange platform, making it a popular choice for those navigating the digital asset world.

Coins
54
Anonymity
Average
Ease of use
Average
Security
Average
Platforms
Features
Hierarchical Deterministic (HD)
Extra services
Exchange
Card attaching
Gift card
Promo bonus
No bonus for now

Nexo offers

BitcoinBTC Bitcoin
Est. APY
4%
Status
Available
Product type
Savings
Term
Flexible
Platform
BitcoinBTC Bitcoin
Est. APY
5%
Status
Available
Product type
Savings
Term
30 days
Platform
EthereumETH Ethereum
Est. APY
5%
Status
Available
Product type
Savings
Term
Flexible
Platform
EthereumETH Ethereum
Est. APY
6%
Status
Available
Product type
Savings
Term
30 days
Platform
NexoNEXO Nexo
Est. APY
4%
Status
Available
Product type
Savings
Term
Flexible
Platform
NexoNEXO Nexo
Est. APY
9%
Status
Available
Product type
Savings
Term
90 days
Platform
NexoNEXO Nexo
Est. APY
12%
Status
Available
Product type
Savings
Term
365 days
Platform
XRPXRP XRP
Est. APY
5%
Status
Available
Product type
Savings
Term
Flexible
Platform
XRPXRP XRP
Est. APY
10%
Status
Available
Product type
Savings
Term
30 days
Platform
AvalancheAVAX Avalanche
Est. APY
5%
Status
Available
Product type
Savings
Term
Flexible
Platform
AvalancheAVAX Avalanche
Est. APY
6%
Status
Available
Product type
Savings
Term
30 days
Platform
PolkadotDOT Polkadot
Est. APY
12%
Status
Available
Product type
Savings
Term
Flexible
Platform
PolkadotDOT Polkadot
Est. APY
13%
Status
Available
Product type
Savings
Term
30 days
Platform
KusamaKSM Kusama
Est. APY
9%
Status
Available
Product type
Savings
Term
Flexible
Platform
KusamaKSM Kusama
Est. APY
10%
Status
Available
Product type
Savings
Term
30 days
Platform
CosmosATOM Cosmos
Est. APY
8%
Status
Available
Product type
Savings
Term
Flexible
Platform
CosmosATOM Cosmos
Est. APY
9%
Status
Available
Product type
Savings
Term
30 days
Platform
Status
Available
Product type
Savings
Term
Flexible
Platform
Status
Available
Product type
Savings
Term
30 days
Platform
FantomFTM Fantom
Est. APY
4%
Status
Available
Product type
Savings
Term
Flexible
Platform
of 4

Earning crypto on Nexo

Both custodial and non-custodial wallets often let you earn crypto directly within the wallet, mainly through staking and DeFi tools. With Criffy, you can track 79 earning offers from Nexo. Check them out in the table above for more details.

Supported platforms for Nexo

Crypto wallets can run on different platforms and operating systems or be hardware-based. Nexo is a great example, supporting IOS, Android, Web. Criffy strives to keep track of new platforms for each wallet, and if anything changes, we will update the information.

Nexo crypto cards

Nexo offers a crypto card that lets users easily use their cryptocurrencies for everyday expenses. The card works anywhere that accepts standard debit or credit cards. For more detailed information and specifics, refer to the table with the offerings above.

What is the security level of the Nexo?

The security level of a crypto wallet varies based on how cryptocurrencies are stored, who owns the seed phrase, and how transactions are signed. For the Nexo, we consider the security level to be Average. It's a good idea for users to keep their seed phrase safe and use all the available security features to ensure better protection.

What is the anonymity level of the Nexo?

The anonymity level of a cryptocurrency wallet depends on factors like KYC requirements and the need for personal information such as your full name, address or email. For Nexo, we consider its anonymity level to be Average.

What type of Nexo?

Nexo is a centralized platform in the cryptocurrency space, which means it operates under a single authority that oversees all transactions and activities. This setup ensures that Nexo can hold and manage users' funds in a secure and organized manner. Unlike decentralized platforms, Nexo centralized structure provides an easy-to-use interface and customer support, making it a good choice for managing your digital assets.

Crypto wallets similar to Nexo

Check out other popular crypto wallets with a similar number of supported cryptocurrencies

Our website provides aggregated financial content and news for informational purposes only. We’re not a substitute for professional advice or independent verification. Always seek independent financial advice or do your own research before relying on any information here for investment decisions. Criffy does not solicit, recommend, endorse, or offer any securities or financial instruments. We may earn commissions from some links, but this does not affect our reviews and comparisons. We strive to keep everything fair and balanced to help you make informed decisions.