Nexo is a global digital assets platform that started in 2018.
In this Nexo review, I am going to walk you through what makes it stand out. The company was founded by Antoni Trenchev, Kosta Kantchev, and Kalin Metodiev.
It’s based in London, UK, but users from over 200 jurisdictions can access its services.
Nexo focuses on delivering a full range of financial services for cryptocurrencies. This includes earning, borrowing, exchanging, and spending digital assets, all while following strict regulations.
With more than five million users, Nexo manages billions of dollars in assets and supports over 100 cryptocurrencies.
Security is a big deal for Nexo. They use industry-standard safeguards, such as insurance on custodial assets and strong identity verification processes.
They’ve grown to employ several hundred people across finance, technology, and compliance as of 2025.
Recently, Nexo expanded its Earn and Credit products to new regions and improved its compliance infrastructure. They also keep developing their mobile platform and adding more supported assets.
This attention to detail helps Nexo stay relevant and reliable for anyone working with digital assets.
| Nexo – Quick Overview | |
|---|---|
| What It Does | Nexo offers a comprehensive suite of crypto banking services including earning interest, borrowing against assets, exchanging cryptocurrencies, and spending with a crypto-backed card. |
| Best For | • Crypto investors wanting passive income on idle assets • Users needing instant liquidity via collateralized credit lines • Individuals or small businesses bridging traditional and crypto finance • High-net-worth clients and institutions needing OTC trading or asset management |
| Key Products | Flexible Savings Account • Instant Crypto Credit Lines • Nexo Exchange • Nexo Card • Nexo Booster • Asset Management Tools |
| Pricing | Free to join with pay-as-you-go fees Earn product yields up to 16% APY Loan APR 0%-13.9% based on loyalty tier No fees on deposits or account maintenance Nexo Card has no monthly fees with up to 2% rewards No free trial, but no deposit needed to explore interface |
| Standout Features | • Daily compounding interest on 100+ assets • Instant crypto-backed loans with no credit checks • Mastercard-backed crypto debit card with up to 2% cashback • Integrated exchange with liquidity aggregation • Military-grade security with $375M insurance coverage |
| Integrations | Apple Pay, Google Pay, fiat bank transfers, card payments, leading wallets, and robust API access for developers/institutions |
| Get Started | Start Free Trial → |
Nexo Solutions
Nexo’s ecosystem focuses on crypto-powered banking and wealth management tools.
Here’s a breakdown of their core products and solutions:
1. Flexible Savings Account
You can earn daily interest, sometimes compounding, on over 100 cryptocurrencies and stablecoins.
Just deposit your assets and choose flexible or fixed terms to start earning right away.
2. Instant Crypto Credit Lines
With this, you use your digital assets as collateral to borrow cash or stablecoins without any credit checks.
You can draw down on your credit line with just a few clicks and only pay interest on the amount you use.
3. Nexo Exchange
This is a one-stop crypto exchange platform that lets you buy, swap, or sell cryptocurrencies instantly at competitive rates.
It pulls liquidity from multiple sources to give you better pricing options.
4. Nexo Card
The Nexo Card is Mastercard-backed and lets you spend your crypto assets in real time.
You also earn up to 2% back in crypto rewards on purchases. Plus, your collateralized crypto auto-converts for spending, and ATM withdrawals are included.
5. Nexo Booster
This feature lets you buy up to 3 times more crypto on credit, so you can take bigger positions without selling your assets.
Keep in mind, availability varies depending on your jurisdiction.
6. Asset Management Tools
These are designed for high-net-worth individuals and institutions.
They include over-the-counter (OTC) trading, dedicated account advisors, and enhanced yield strategies to help manage your assets effectively.
Integrations
Nexo works with Apple Pay and Google Pay, and it supports fiat bank transfers and card payments for buying crypto.
You can also connect with leading wallets and use their API access, which is great for developers or institutional clients.
Nexo Features
1. Daily Earning on Assets
Nexo offers a flexible savings solution that pays daily interest. You can receive payments in crypto or fiat stablecoins.
The annual yields can reach up to 16%. This applies to both flexible and fixed-term options. It fits your risk and liquidity needs well. This is ideal if you want to grow your assets passively without active trading.
2. Instant Crypto-Backed Loans
You can borrow against your digital assets without selling them. The process is quick, often nearly instant.
Loan-to-value ratios and interest rates depend on your collateral type and loyalty tier. It’s a great option to get liquidity without triggering capital gains taxes.
3. Nexo Card
This crypto card lets you spend directly from your portfolio at millions of merchants. It automatically converts your assets at the point of sale.
There are no monthly fees, and you can earn up to 2% cashback rewards. Plus, they offer free ATM withdrawal limits, which is pretty convenient.
4. Comprehensive Mobile App
You can find the Nexo app on iOS, Android, and Huawei devices. It offers the same features as the web version.
The app also adds biometric authentication for extra security. You can manage your account, make transfers, and access credit lines all from your phone.
5. Security & Regulatory Compliance
Security is a focus for Nexo. They use military-grade 256-bit encryption and have insurance coverage up to $375 million on custodial assets.
They also require multi-factor authentication and conduct regular third-party security audits. Compliance includes strict KYC/AML checks and collaborations with top-tier custodians.
6. Integrated Exchange
Nexo’s built-in exchange aggregates liquidity so users get better prices. It supports instant swaps, cutting down any waiting time on order books.
This keeps your transactions quick and efficient compared to some other platforms.
7. 24/7 Customer Support
You get live chat and ticket-based support around the clock. Nexo has a reputation for fast and helpful service.
Their Help Center covers everything from basic questions to advanced features for experienced users.
Unique Features
- The Nexo Booster feature lets you buy with leverage, which most competitors don’t offer.
- Daily compounding interest applies to flexible savings.
- The integrated crypto card supports real-time conversion during purchases.
These Nexo features show how the platform caters to different users, whether you want to earn, borrow, spend, or just manage crypto securely.
Nexo Pricing Plans
Nexo’s core platform is free to join.
You only pay when you use specific services like borrowing funds or making certain transactions.
Nexo pricing depends a lot on your loyalty tier, which affects rates and rewards. Your tier depends on how many NEXO tokens you hold relative to your total portfolio.
| Plan | Price & Features |
|---|---|
| Earn Product | No subscription fees • Earn interest on deposited assets • Flexible terms allow anytime withdrawal • Fixed terms (30-120 days) offer up to 16% APY depending on loyalty tier and currency |
| Crypto Credit Lines | Borrow rates from 0% to 13.9% APR • Based on loyalty tier and NEXO token holdings • No origination, early repayment, or inactivity fees • Pay interest only on what you borrow |
| Nexo Card | No monthly or annual fees • Free ATM withdrawals up to €10,000/month (tier limits apply) • Up to 2% rewards paid in NEXO tokens or Bitcoin |
| Exchange & Booster Fees | Spot trading with integrated spreads • Nexo Booster charges 3%–13% APR on borrowed funds • Rates depend on tier and loan size |
| Loyalty Tiers | Four levels: Base, Silver, Gold, Platinum • Tiers unlock better earnings, borrowing rates, and rewards • Based on NEXO token holdings relative to portfolio size |
| Free Trial & Demo | No official free trial • Pay-as-you-go core features • Interface can be explored without depositing |
| Enterprise Pricing | Custom pricing • For institutional and high-net-worth clients • Negotiable OTC and yield rates |
There are no deposit fees for crypto, but blockchain network fees still apply.
You won’t pay anything to maintain your account, only for borrowing or certain transactions.
If you want to explore how Nexo pricing might work for you, click here to learn more about Nexo pricing →
Nexo Alternatives
Nexo offers some solid features for crypto lending and borrowing.
You’ll notice it shines with daily compounding interest and instant liquidity.
It also focuses heavily on regulatory compliance.
That means you can trust your funds are secure.
Its pricing sits close to Crypto.com and BlockFi.
Still, Nexo’s loyalty system can help you get higher yields and lower borrowing costs if you stick with it.
Unlike Binance, Nexo doesn’t emphasize trading but rather lending and earning.
Unique perks include the Nexo Card, insurance-backed security, and a quick 5-minute sign-up process.
| Competitor | Their Strengths | Nexo Advantage |
|---|---|---|
| BlockFi | U.S.-based, offers similar earn and borrow platform | Simpler, more intuitive UI with competitive fees and yields |
| Celsius | Focused on community and interest earning | Better flexibility with regulatory compliance and higher loyalty rewards since 2023 |
| Crypto.com | Broader range of DeFi-style features and Visa card | Comparable pricing with Nexo Card’s security and faster signup |
| Binance | Largest asset selection, focuses on advanced trading | Prioritizes lending and earning rather than complex trading tools |
| YouHodler | Flexible multi-asset lending and borrowing | Insurance-backed security and instant liquidity features |
If you want a platform focused more on lending and earning with strong regulatory backing, Nexo’s a good option. Its combination of ease of use, security, and daily compounding interest sets it apart among Nexo alternatives.
Who Should Use Nexo
1. Crypto investors who want to earn passive income on idle assets
If you have crypto sitting idle, Nexo helps you earn passive income on it. It’s a straightforward way to put your digital assets to work without selling them.
You get interest paid on your holdings, so your assets keep growing while you hold.
2. Users seeking instant liquidity via secured credit lines without selling their crypto
You can access cash without giving up your crypto. Nexo lets you borrow instantly using your crypto as collateral.
This means you don’t have to sell your assets to get funds. It keeps your portfolio intact while you get quick liquidity.
3. Individuals or small businesses looking for a bridge between traditional and crypto finance, thanks to the Nexo Card and fiat on/off ramps
If you want to spend crypto in everyday life, the Nexo Card makes that easy. It allows you to use your crypto or fiat balance anywhere debit cards are accepted.
Plus, you can move money between crypto and traditional currencies smoothly with their fiat on and off ramps.
4. High-net-worth clients and institutions who need over-the-counter trading or asset management
Nexo also fits people or businesses with larger portfolios. They offer over-the-counter trading and asset management services tailored for high-net-worth clients.
This setup works well if you want personalized support and more complex operations with your digital assets.
Nexo shines if you hold mainstream digital assets like BTC, ETH, or stablecoins. It aims to be a regulated, secure, and all-in-one solution.
However, if you need advanced trading tools or a wider altcoin selection, platforms like Binance might suit you better.
Also keep in mind that some Nexo features are limited for users in the U.S. or Australia.
You get interest paid on your holdings, so your crypto keeps growing while you hold.
Bottom Line
Nexo is a solid digital asset platform.
It offers earning, borrowing, spending, and exchanging crypto all in one place.
The key strengths are high security and instant liquidity.
You also get competitive yields and reliable customer support, which I found really helpful.
There are some drawbacks though.
Features like Nexo Booster don’t work in the U.S. and Australia.
Also, you need to hold NEXO tokens to get the best rates.
I hope this Nexo review has helped you decide if it fits your needs.
Overall, it’s a great option if you want a regulated crypto platform with easy credit access.
