Nexo addresses a critical inefficiency in the crypto world by providing instant crypto-backed loans. This innovative model offers digital asset owners an alternative to selling their holdings—enabling them to retain full ownership while accessing immediate liquidity.
How Nexo Works
- Instant Crypto-Backed Loans: Automated, flexible loans secured by digital assets with no hidden fees or credit checks.
- Blockchain Transparency: Powered by smart contracts and Nexo's blockchain oracle for algorithmic execution.
- Global Accessibility: Available in 200+ jurisdictions, accepting 45+ crypto assets as collateral.
NEXO Token Overview
- Type: ERC-20 utility token
- Total Supply: 1 billion NEXO
- Circulating Supply: 646.15 million (as of 2024)
- Current Price: $1.22 (24h change: +0.25%)
- All-Time High: $4.63 (Nov 2021)
Key Features
👉 Explore Nexo's Loyalty Program offering tiered benefits:
- Reduced borrowing rates
- Cashback rewards
- Higher yield opportunities
Nexo's Ecosystem
- Nexo Pro Trading Platform: 400+ market pairs with 20x leverage
- Nexo Card: Crypto-backed Mastercard for spending without selling assets
- Nexo Prime: Institutional-grade OTC services
Security Measures
- Real-time asset proof via Trust Reserve
- ISO/IEC 27001:2013 certified
- Partnerships with Ledger and Bakkt for custody
Market Performance
| Metric | Value |
|---|---|
| 24h Trading Volume | $11.55M |
| 7-Day Price Range | $0.61 - $0.67 |
| Historical Low | $0.043 (Sep 2018) |
Frequently Asked Questions
What makes Nexo unique?
Nexo pioneered instant crypto credit lines in 2018, combining DeFi efficiency with institutional-grade security. Its 360° ecosystem spans lending, trading, and asset management.
Where can I buy NEXO tokens?
NEXO trades on top exchanges like 👉 OKX and Binance. Always verify official links through Nexo's website.
Is NEXO a good investment?
While NEXO's market cap ranks #109, cryptocurrency investments carry volatility. Consider:
- Platform adoption rates
- Regulatory developments
- Macro crypto trends
Industry Recognition
- Forbes Business Award winner
- PAY360 Best Use of Crypto winner
- FinTech Breakthrough Award recipient
Disclaimer: This content is for informational purposes only. Never invest more than you can afford to lose.