Profile of Nexo


Nexo

Nexo is a centralized crypto lending platform offering high-yield savings accounts, instant crypto credit lines, and exchange services. Users can earn daily interest on deposited assets or borrow against their holdings without selling them. The platform features the NEXO token, which offers benefits like higher rates and reduced borrowing costs. Nexo emphasizes regulatory compliance and asset insurance.


Detailed feature breakdown for Nexo
Nexo
Lending & Borrowing Options Instant Loans, Interest Accounts
Supported Assets 30+ Crypto Assets
Interest Rates (APY) Fixed & Flexible (3–12%)
Collateral Required Yes (over-collateralized)
Security Measures Insurance, Custodial Security
Fees No Origination Fees
Ease of Use Beginner-friendly
Availability Broad coverage
Liquidation Threshold 50-90% LTV (varies by asset)
Platform Type Centralized Exchange

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