What Is the NEXO Token? Utility, Loyalty Tiers & Perks

The NEXO Token, or NEXO, is the digital asset on the coronary heart of Nexo’s wealth platform, connecting incomes, borrowing, buying and selling, and fee advantages. This information covers what the NEXO Token is, the way it connects to Nexo's merchandise, what it may possibly unlock throughout the platform, and the way to purchase it.

NEXO at a look

What's the NEXO Token?

The NEXO Token is the native utility token of Nexo’s digital asset wealth platform. Launched in 2018 with a complete provide of 1 billion tokens, NEXO offers holders entry to advantages throughout Nexo’s companies, together with greater rates of interest on digital property, decrease borrowing prices, and cashback on buying and selling and card purchases. 

The concept is straightforward: the bigger the share of NEXO in your portfolio, the upper your Loyalty Tier and the higher the advantages you'll be able to unlock.

NEXO can be a tradable digital asset. You should purchase, promote, swap, and maintain it on Nexo, in addition to on 15+ different main centralized and decentralized venues. Loyalty advantages apply solely to NEXO held on the Nexo platform.

Since 2018, Nexo has carried out a number of NEXO Token buybacks. These periodic open-market repurchases purpose to assist the expansion of the Nexo ecosystem.

What are you able to do with NEXO?

NEXO is greater than a key to higher phrases. You possibly can put the token itself to work in a number of methods.

Earn on it
NEXO held in your Financial savings Pockets can earn as much as 9% per yr. In Flexible Savings, curiosity is paid out day by day, and you need to use your NEXO at any time. Fastened phrases of three or 12 months supply the very best charges.

Borrow in opposition to it
NEXO is accepted as collateral for a Nexo Credit Line. You possibly can entry funds with out promoting your NEXO.

Do each directly: distinctive to NEXO
NEXO is the one asset on Nexo that retains incomes whereas it backs a Credit score Line. Different property cease incomes if you transfer them to your Credit score Line Pockets as collateral. NEXO retains producing returns in both pockets, so the identical tokens can earn and safe your borrowing on the identical time.

Get rewards paid in NEXO
NEXO is the reward foreign money throughout the platform. You possibly can:

• Select NEXO as your curiosity payout on mounted phrases and get a bonus price on high.
• Obtain Nexo Card cashback in NEXO.
• Earn NEXO by way of the Referral Program, the place accessible.

Commerce it
You should purchase, promote, and swap NEXO on Nexo. It additionally is available in Crypto Baskets, and you'll convert small leftover balances into NEXO in a single step. NEXO additionally trades on a spread of third-party exchanges.

Unlock higher phrases throughout Nexo's ecosystem

Past what NEXO can do by itself, how a lot of it you maintain additionally shapes your phrases on all the things else you do with Nexo — from financial savings and borrowing to buying and selling. That’s what the Nexo Loyalty Program is for.

The Nexo Loyalty Program consists of 4 tiers: Base, Silver, Gold, and Platinum.

Your tier depends upon the worth of your NEXO in contrast with the remainder of your portfolio, and it updates in actual time as that ratio adjustments. Increased tiers get greater financial savings charges, decrease borrowing charges, and extra crypto cashback.

Increased charges in your financial savings

Increased Loyalty Tiers include greater annual charges on the property you maintain in financial savings, as much as 15% per yr on eligible property. The best charges often go to Platinum shoppers who select mounted phrases.

Decrease borrowing charges

For those who use the Nexo Credit score Line to borrow in opposition to your crypto, your Loyalty Tier additionally impacts your price. Charges begin from 1.9% per yr, with the bottom charges reserved for the Platinum tier members and an LTV beneath 20%.

Crypto cashback if you purchase and swap

Loyalty members obtain as much as 0.5% crypto cashback on purchases and swaps if you trade with Nexo.

Cashback on card spending

The place the Nexo Card is accessible, Loyalty members can obtain as much as 2% crypto cashback on purchases, paid in NEXO or BTC.

Free withdrawals

Loyalty members get limitless free withdrawals on 15+ networks, plus onemore than 15 networks, plus a free month-to-month withdrawal to a checking account or by way of chosen networks.

Tips on how to purchase NEXO on Nexo

1. Create your Nexo account and confirm your identification.
2. Add funds by card, Apple Pay, Google Pay, or financial institution switch, or deposit crypto you already personal.
3. Go to the Trade and select NEXO.
4. Enter an quantity and make sure. Your NEXO is added to your account, the place it counts towards your Loyalty Tier right away.

Buy NEXO

NEXO can be accessible on third-party exchanges. Since 22 October 2026, it has been listed on Kraken and Kraken Professional, with NEXO/USD, NEXO/USDT, and NEXO/USDC pairs. Solely NEXO held on the Nexo platform counts towards your Loyalty Tier.

Ceaselessly requested questions

1. Do I would like NEXO to make use of Nexo?

No. You should purchase, maintain, earn on, and borrow in opposition to different property with out holding any NEXO. Holding NEXO is what strikes you above the Base tier and unlocks higher phrases.

2. How a lot NEXO do I would like for Platinum?

A minimum of 10% of your portfolio on Nexo must be in NEXO, and your account stability must be above $5,000 in digital property.

3. Do NEXO tokens held on different exchanges rely towards my Loyalty Tier

No. Your Loyalty Tier is predicated on the NEXO in your Nexo account. To learn from the Loyalty Program, switch your NEXO to Nexo.

4. What number of NEXO Tokens are there?

The whole provide of NEXO is 1 billion tokens.

5. What blockchain is NEXO constructed on?

NEXO is an ERC-20 token on the Ethereum community.

Digital property are extremely risky, and you would lose some or all the worth of your funding. Charges are topic to vary and will range by area, Loyalty Tier and different components. “As much as” and “from” figures could require further standards that not all shoppers meet. At all times consult with the Nexo app to your relevant charges. Earn and Borrow usually are not deposit-taking merchandise and usually are not lined by deposit assure or investor compensation schemes. This text is normal info solely and isn't monetary, tax, authorized or accounting recommendation. Companies usually are not accessible in all jurisdictions.

Buying and selling and custody companies are supplied by DLT Securities GmbH and Tangany GmbH, each German corporations supervised by BaFin. DLT Securities GmbH — registered in Germany (HRB 130132, Frankfurt am Predominant), licensed beneath MiFID II and MiCAR — acts because the regulated counterparty for all buying and selling actions; Tangany GmbH — registered in Germany (HRB 246113, Munich), licensed beneath MiCAR — gives regulated crypto-asset custody. Nexo has built-in these regulated companies into its providing and isn't itself a regulated funding agency. Crypto-assets are extremely risky and it's possible you'll lose your whole invested capital. E-money tokens and asset-referenced tokens usually are not interest-bearing. Crypto derivatives are complicated, high-risk, leveraged merchandise and will not be appropriate for all traders; it's possible you'll lose your whole invested capital. Earlier than buying and selling, learn the Key Info Doc (KID). Companies usually are not accessible in all jurisdictions.

When phrases equivalent to “as much as” or “from” are used to indicate limits, attaining these most or minimal thresholds could also be conditional on further actions or fulfilment of sure standards and necessities that will not be attainable by all shoppers.

The crypto rewards you'll obtain rely in your Loyalty Tier. The whole quantity of exchanges and Purchase with Card purchases eligible for crypto cashback is $100,000 per 30 days.

The Nexo Card is just accessible to European Financial Space (EEA) residents and residents. Eligibility for cashback is topic to particular phrases and situations. Sure transactions could not qualify for cashback.

All or a part of the Nexo Companies, some options thereof, or some Digital Belongings usually are not accessible in sure jurisdictions, together with the place restrictions or limitations could apply, as indicated on the Nexo Platform.