Earn 8% Interest on Your Crypto Assets, Secured by Crypto Custodian Insurance

Nexo
Nexo
Oct 30, 2018 · 4 min read

Nexo, the most advanced and trusted provider of instant crypto credit lines, is the only enterprise to service 200+ jurisdictions and the only wallet that lets you borrow instantly in 45+ fiat currencies.

We are proud to have processed more than $300,000,000 in under 7 months.

It is our firm belief that sharing financial fortunes with our supporters is what the “DeFi” (Decentralized Finance) revolution is ultimately all about.

‘Earn Interest’ Product:

With the enormous demand for Nexo’s instant loans, we are turning to the Nexo community first and are pleased to launch our ‘Earn Interest’ product, which allows you to benefit from your idle assets in number of new ways:

  • High-yield savings & passive income with an interest rate of 8% per year
  • Interest compounding daily, starting from Day 1
  • Available now for USDT, DAI, PAX, USDC, and TUSD with more assets being added on a regular basis
  • No fees. No minimum contribution requirements
  • Add and withdraw assets at any time
  • Insurance on custodial assets of $100M provided by BitGo and Llyod’s of London.
  • All funds are asset-backed by Nexo’s growing portfolio of overcollateralized crypto loans
  • 1-to-1 conversion guarantee to U.S. Dollars on any stablecoins

Both individual and corporate Nexo Wallet Holders can now earn interest of 8% on their stablecoins — USDT, DAI, PAX, USDC, and TUSD, while BTC, ETH, XRP and other stablecoin options will be added soon.

1-to-1 USD Conversion Protection Guarantee

This is unprecedented in the blockchain space and takes out of the equation any doubts that investors might have as to the actual backing of some stablecoins.

Crypto Custodian Insurance

Nexo’s asset-backed and overcollateralized growing portfolio is further underpinning the resilience of the enterprise.

Guaranteeing customers a piece of mind is extremely important to us and is what will convince more and more people to explore the potential that crypto offers. That is why we provide an additional layer of safety and deploy the Cryptocurrency Security Standard Level 3 which is SOC 2 compliant which requires multiple actors for the all-critical actions.

Use of Funds

Three Steps That Make Your Crypto Work for You

  1. Add crypto assets to your Nexo Wallet
    No minimum amount is required. Аs soon as the transaction is confirmed on the blockchain, you instantly start earning interest.
  2. Enjoy your high-yielding passive income as the increasing daily interest accumulates in your Nexo Wallet.
    The power of compounding ensures that every day a larger interest amount is credited into your account.

That is all there is to it. Тhanks to our 10+ years of credit automation, Nexo provides an unsurpassed user experience, security of assets and financial returns.

You can, of course, simultaneously utilize Nexo’s tax-efficient instant crypto credit lines to access cash without selling your crypto, as Nexo’s services perfectly compliment each other. Here are the three steps leading to your instant Nexo loan:

Let your crypto work for you and start earning high-yield interest today!

Tell only your best friends!


Do check out our earlier blog posts, share them with your friends and let them too be part of the Nexo success story!

Interested in Nexo? Get in touch:
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Nexo

Nexo is the most advanced and trusted instant crypto…

Nexo

Written by

Nexo

The World’s First Instant Crypto Loans. Our official website is https://nexo.io

Nexo

Nexo

Nexo is the most advanced and trusted instant crypto lending provider on a global scale, servicing 45+ currencies across more than 200 jurisdictions. Nexo has provided tens of million of dollars worth of loans to an ever growing base of thosands of happy clients.

Nexo

Written by

Nexo

The World’s First Instant Crypto Loans. Our official website is https://nexo.io

Nexo

Nexo

Nexo is the most advanced and trusted instant crypto lending provider on a global scale, servicing 45+ currencies across more than 200 jurisdictions. Nexo has provided tens of million of dollars worth of loans to an ever growing base of thosands of happy clients.

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