Nexo (NEXO) Price

$1.20

Nexo (NEXO) Price Today

The live price of Nexo is $1.20 USD. In the past 24 hours, the trading volume of Nexo was $11.1M USD, with a change of -2.23%. The current live price of Nexo has changed by 0% from its 7-day high of $- USD and by 0% from its 7-day low of $- USD. With a circulating supply of $1,000,000,000.00 NEXO, the market cap of Nexo is currently $797.8M USD, marking a -9.81% change in the last 24 hours. Nexo currently ranks 81 by market capitalization.

Nexo (NEXO) Market Data

Market Cap

$780M

24h Volume

$11.1M

Circulating Supply

1B NEXO

Maximum Supply

Fully Diluted Market Cap

$1.2B

Liquidity Indicator

1.43%

About

Rate

Buy

Leaderboard

FAQ

About Nexo (NEXO)

What Is Nexo (NEXO) and How Does It Work?

Nexo (NEXO) is the native utility token of the Nexo platform, a global crypto lending and yield-earning service. Launched in 2018, Nexo allows users to earn daily interest on their crypto holdings, take out instant crypto-backed loans, and spend assets using the Nexo Card, all without selling their crypto.

The NEXO token powers the platform’s loyalty program, offering benefits like higher interest rates on savings, lower borrowing rates, free withdrawals, and cashback rewards. It operates as an ERC-20 token on the Ethereum blockchain and plays a key role in enhancing user benefits through tiered reward levels, Base, Silver, Gold, and Platinum, based on how much NEXO you hold.

When Was Nexo Launched?

Founded in late 2018, Nexo was created by Antoni Trenchev, Kosta Kantchev, and Kalin Metodiev, with early funding from Michael Arrington's investment group. The platform emerged out of Zug, Switzerland, building on a fintech lending background tracing back to 2007. Its initial token sale in late 2018 raised over $52M, setting the foundation for its crypto lending engine.

Nexo's Roadmap and Key Milestones

1. 2018

• Global launch of crypto-backed loans, the industry’s first, and the debut of the Nexo Card, enabling crypto access without selling assets.

• Private token sale successfully raising $52M.

2. 2019–2020: Paid out over $6.1M in token-holder dividends by August 2020, and partnered with Chainlink to integrate oracle security.

3. 2023–2024

• Introduced community-driven features like Crypto Bundles, Futures Trading, and Trigger Swaps.

• Celebrated 6th anniversary in April 2024, distributing over $800M in interest and issuing more than $8B in credit since inception.

• Underwent a major rebrand in late 2024, shifting focus from lending to holistic “Digital Assets Wealth Platform” under the “Wealth Forward” initiative.

4. 2025 (Looking Ahead)

• Announced 2025 Growth Plan, with $1.5B+ in loan volume processed and $250M+ in interest paid in 2024.

• Launching Personal USD Accounts, expanding Latin American presence (e.g., tennis sponsorships in Acapulco), and AI-powered improvements to loyalty experience.

• Continuous UI/UX enhancements, community tool rollouts, and expanded card integrations announced via regular AMAs.

What Are the Key Use Cases for NEXO Token?

The NEXO token serves as the backbone of the Nexo ecosystem, offering a variety of benefits for users:

1. Utility: NEXO is used to unlock tiered benefits on the Nexo platform, including higher yields on savings, lower loan rates, and cashback on card spending. It also enables governance participation and bonus interest through token staking.

2. Buyback & Burn Program: Nexo conducts periodic token buybacks, using a portion of company profits to repurchase NEXO from the open market. These tokens are often placed in an Investor Protection Reserve or permanently burned, reducing supply over time.

3. Yield Distribution: NEXO holders may receive interest payments or bonus yields depending on their Loyalty tier and platform activity. Interest is paid daily in either NEXO or a stablecoin of the user’s choice.

You can trade NEXO tokens on the BingX Spot Market by logging in, navigating to the NEXO/USDT trading pair, entering the amount you'd like to buy or sell, and placing a market or limit order. Once executed, your NEXO tokens will be stored directly in your BingX wallet for easy access and management.

What Is Nexo Tokenomics?

The Nexo (NEXO) token has a fixed total supply of 1 billion tokens, with no further issuance planned, making it a deflationary asset. As of June 2025, around 646 million NEXO tokens are in circulation.

NEXO Token Allocation

1. 52.5% – Token sale and public investors

2. 25% – Company treasury for future development

3. 11.25% – Team and founders (vested)

4. 6% – Community airdrops and loyalty rewards

5. 5.25% – Legal and advisory support

How to Earn with NEXO Tokens

There are several ways to earn income with NEXO tokens on the Nexo platform:

1. Earn Daily Interest: You can deposit your NEXO tokens into a Nexo Savings Wallet to earn up to 12% APY, paid out daily. The actual rate depends on your Loyalty tier and whether you choose to receive interest in NEXO or a stablecoin.

2. Loyalty Program Rewards: By holding NEXO tokens, you qualify for higher tiers in the Loyalty Program, Silver, Gold, or Platinum. These tiers offer better savings rates, free monthly crypto withdrawals, and up to 2% cashback on Nexo Card purchases.

3. Token Staking: You can stake NEXO on the platform to earn bonus yields and gain access to early platform features and higher borrowing limits.

4. Cashback & Discounts: When you use the Nexo Card, you earn 0.5% to 2% cashback in NEXO tokens, depending on your tier. You also get lower loan interest rates if you choose to repay with NEXO.

5. Governance Participation: In the future, holding NEXO may allow you to vote on governance proposals, giving you a say in how the platform evolves while potentially unlocking additional utility-based rewards.

What Are the Benefits and Tiers of the Nexo Loyalty Program?

The Nexo Loyalty Program is a four‑tier system, Base, Silver, Gold, and Platinum, that rewards users based on the percentage of their portfolio held in NEXO tokens (1%, 5%, and 10% thresholds for Silver, Gold, and Platinum, respectively). By climbing tiers, users access better interest rates on both savings and loans (up to 16% savings APY and borrowing rates as low as ~2.9%–5.9%), earn crypto cashback on card spending and exchange trades (up to 0.5%–2%), get increasing numbers of free ATM withdrawals each month (Silver: 1, Gold: 2, Platinum: 5), and enjoy unlimited free withdrawals on major networks.

What’s more, the loyalty system is dynamic, tier status adjusts in real time if the NEXO token’s value fluctuates relative to your portfolio, ensuring you continue to benefit even during market shifts. This flexibility, combined with daily compounded bonuses (including a 2% yield boost when choosing interest paid in NEXO), makes the program both accessible and rewarding, whether you're a casual user or a high-tier investor.

What Blockchain Networks Does Nexo Operate on?

NEXO is a true multi‑chain token with origins on Ethereum and full interoperability across several major networks. At its core, NEXO is an ERC‑20 token on the Ethereum blockchain, but it’s also available on Binance Smart Chain (BEP‑2/BEP‑20), and via Nexo’s Multichain Bridge can be deposited or withdrawn fee‑free on Arbitrum, Avalanche, Base, Bitcoin Cash, BNB Chain, and other supported networks. Additionally, Nexo’s Web3 Wallet supports Ethereum, Polygon, BNB Chain, Avalanche, and Fantom, offering seamless integration for swapping, earning yield, and managing assets across these blockchains.

How to Store NEXO Tokens Securely

The simplest option is to keep your NEXO in your BingX wallet. As a custodial exchange wallet, it provides instant access for trading or withdrawals, and the platform handles all private key management and security. For active traders who frequently buy, sell, or transfer NEXO, this option is convenient and efficient; just be aware that you’re entrusting custodial security to BingX.

If you prefer full control and stronger security, consider using non-custodial wallets like MetaMask, Trust Wallet, or the Nexo Web3 Wallet, which supports multiple chains and lets you manage seed phrases yourself. For maximum safety, store NEXO offline in a hardware (cold) wallet like Ledger Nano or Trezor, which keep private keys on secure chips protected by a PIN and recovery phrase, making them nearly immune to online hacks.

Is Nexo Available in the US?

Nexo has officially returned to the U.S. market after a two-year regulatory hiatus. On April 28, 2025, Nexo announced its relaunch at a high-profile event in Bulgaria featuring Donald Trump Jr., marking the reopening of its full suite of services, including high-yield savings, crypto-backed credit lines, trading tools, and institutional liquidity, for both retail and institutional clients.

This re-entry follows Nexo’s exit in late 2022 after agreeing to a $45 million settlement with the SEC and state regulators, which had halted its Earn Interest Product in the U.S. Market. Since then, the platform has engaged in “constructive” discussions with U.S. regulators to ensure compliance and resumed taking U.S. clients in April 2025.

What Are the Risks Associated with Nexo?

Holding and using Nexo comes with several inherent risks that every user should consider. Despite Nexo’s claims of robust risk management, such as fully over‑collateralized lending, asset custody through leading providers, and insurance through firms like Lloyd’s, critics highlight the lack of real-time audits (a practice ceased in mid-2024), leaving transparency concerns over the platform’s true assets and liabilities.

Centralization risks are also flagged: Nexo themselves hold a significant portion of NEXO tokens (at one point around 90%), raising questions about price manipulation or platform insolvency in extreme market conditions. Furthermore, user experiences and legal disputes, including frozen assets, withdrawal limits, and lawsuits over blocked funds, underscore potential operational and regulatory vulnerabilities.

Is Nexo (NEXO) a Good Investment?

NEXO isn’t just a speculative token, it’s the engine behind a thriving digital asset platform. With over $11 billion in assets under management and $250+ million in interest distributed to token holders during 2024 alone, NEXO powers Nexo’s multi-feature ecosystem: high-yield savings (up to ~16% APY for loyalty holders), crypto-backed loans, and real-time cashback with its branded card. The return of U.S. services in April 2025, coupled with partnerships across Mastercard, Fidelity Digital Assets, and Ledger, boosts trust and adoption, positioning NEXO as more than a token, but a utility within a resilient, regulated infrastructure.

Add to this a clear roadmap, with imminent product upgrades (new token utility models, AI tools, global card expansion), and NEXO offers not just upside potential, but a participation incentive in platform growth. This blend of real-world utility, regulatory progress, and bullish sentiment creates a multi-dimensional argument for investors seeking exposure to a crypto-backed financial ecosystem.

Information source

Official Website

Whitepaper

Nexo (NEXO) Price Converter

NEXO to USD

1 NEXO = $ 1.20

NEXO to VND

1 NEXO = ₫ 31,500.22

NEXO to EUR

1 NEXO = € 1.04

NEXO to TWD

1 NEXO = NT$ 35.74

NEXO to IDR

1 NEXO = Rp 19,688.07

NEXO to PLN

1 NEXO = zł 4.48

NEXO to UZS

1 NEXO = so'm 15,374.80

NEXO to JPY

1 NEXO = ￥ 175.22

NEXO to RUB

1 NEXO = ₽ 94.81

NEXO to TRY

1 NEXO = ₺ 47.63

NEXO to THB

1 NEXO = ฿ 39.32

NEXO to UAH

1 NEXO = ₴ 50.16

NEXO to SAR

1 NEXO = ر.س 4.53

Nexo Price Converter

How to Buy Nexo (NEXO)

Create & Verify Your Account

Create a free BingX account using your email or phone number, set a strong password, and complete identity verification (KYC) by submitting your personal details and a valid photo ID.

Fund Your Account

Choose a payment method—bank account, card, or more—to deposit funds into your BingX account.

Trade Now

Now that your account is funded, you can seamlessly trade Nexo NEXO and other cryptocurrencies while exploring BingX’s diverse trading features!

How to Buy NEXO Guide

Trending Crypto Assets

The most traded assets on BingX.com in the last 24 hours.

Frequently Asked Questions about Nexo (NEXO)

How much is 1 Nexo (NEXO) worth?

What is the price prediction for Nexo (NEXO)?

What is the all-time high price of Nexo (NEXO)?

What is the all-time low price of Nexo (NEXO)?

How much Nexo (NEXO) is there in circulation?

What is the market capitalization of Nexo (NEXO)?

Disclaimer:

Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.

By accessing and using this platform, you agree to comply with our Terms of Use.

Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.

For more detailed information, please refer to our Risk Disclosure Statement.

Disclaimer:

By accessing and using this platform, you agree to comply with our Terms of Use.

For more detailed information, please refer to our Risk Disclosure Statement.