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NEXO

NEXO
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NEXO (NEXO)

What is NEXO?

What is Nexo? Nexo (https:/nexo.com) is a premier digital assets wealth platform empowering clients to grow, manage, and preserve their crypto holdings. Our mission is to drive the next generation of wealth by prioritizing customer prosperity and delivering tailored solutions for building long-term value, supported by 24/7 client care. Since 2018, Nexo has been delivering unmatched opportunities to forward-thinking clients across more than 200 jurisdictions. Our all-in-one platform combines cutting-edge technology with a client-centric approach, offering high yields on flexible and fixed-term savings, crypto-backed loans, advanced trading tools, and liquidity solutions through the first debit/credit crypto card. Backed by deep industry expertise, a sustainable business model, robust infrastructure, security, and global licensing, Nexo champions innovation and long-lasting prosperity. What is the NEXO Token? The NEXO Token, is Nexo’s native cryptocurrency, offering a wide range of benefits on the platform. NEXO Token holders can earn up to 12% annual interest on tokens held within both the Savings and Credit Line Wallets in their Nexo accounts. Additionally, owning NEXO Tokens grants entry into the Nexo Loyalty Program (https://nexo.com/loyalty), providing valuable benefits such as higher yields on digital assets, up to 0.5% crypto cashback on purchases or swaps made via the Nexo Exchange, borrowing rates starting from 2.9% annual interest, and up to 2% crypto cashback when using the Nexo crypto credit/debit card. Where can you buy NEXO? NEXO tokens can be traded on well-established centralized crypto exchanges. The most popular exchange to buy and trade NEXO is Binance, where the most active trading pair NEXO/USDT has a trading volume of $1,398,440 in the last 24 hours. Other popular options are Bitget, Bybit, Bitstamp, Bitfinex, Gate.io, and many others.

Key Facts & Snapshot

  • Symbol: NEXO
  • CoinGecko id: nexo
  • Market cap rank (CoinGecko): #75
  • Categories: Exchange-based Tokens, Centralized Exchange (CEX) Token, Polygon Ecosystem, Fantom Ecosystem, Ethereum Ecosystem, Alleged SEC Securities, Energi Ecosystem, Sora Ecosystem, Crypto Card Issuer
  • Circulating supply (snapshot): 1,000,000,000
  • Total supply (snapshot): 1,000,000,000
  • Max supply (snapshot): 1,000,000,000
  • All-time high (USD, CoinGecko): $4.07 (May 12, 2021)
  • All-time low (USD, CoinGecko): $0.0452 (Sep 13, 2018)

Market (USD snapshot)

  • Market cap (USD, snapshot): $876.25M
  • 24h volume (USD, snapshot): $5.52M
  • Fully diluted valuation (USD, snapshot): $876.25M
  • 24h price change (snapshot): -2.14%

Network & protocol

  • Country of origin (CoinGecko): CH

Community & code (CoinGecko)

  • Telegram members (CoinGecko): 25,400
  • GitHub stars (main repo, CoinGecko): 111
  • GitHub forks (main repo, CoinGecko): 51

Contract addresses (by platform)

  • ethereum: 0xb62132e35a6c13ee1ee0f84dc5d40bad8d815206
  • energi: 0x04640dc771edd73cbeb934fb5461674830baea11
  • fantom: 0x7c598c96d02398d89fbcb9d41eab3df0c16f227d
  • sora: 0x003005b2417b5046455e73f7fc39779a013f1a33b4518bcd83a790900dca49ff
  • polygon-pos: 0x41b3966b4ff7b427969ddf5da3627d6aeae9a48e

Official & Community Links

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Frequently Asked Questions

What is NEXO token used for?
NEXO is an exchange-based token primarily associated with the Nexo platform, a centralized exchange and crypto lending service. It operates across multiple blockchain ecosystems including Ethereum, Polygon, and Fantom, and is also linked to crypto card issuance services.
How many NEXO tokens are in circulation?
All 1 billion NEXO tokens are currently in circulation. The circulating supply, total supply, and max supply are all capped at 1,000,000,000 tokens, meaning no additional tokens can be created.
What was NEXO's highest price ever?
NEXO reached its all-time high of $4.07 on May 12, 2021. The token has declined significantly from that peak, with its all-time low of $0.0452 recorded on September 13, 2018.
Is NEXO considered a security by regulators?
NEXO is listed in the category of alleged SEC securities, indicating regulatory scrutiny. This classification suggests potential legal and compliance risks that could affect the token’s trading, availability, or value depending on regulatory outcomes.
How risky is investing in NEXO token?
NEXO carries multiple risk factors including its classification as an alleged SEC security which creates regulatory uncertainty, its centralized exchange token nature making it dependent on platform success, and high price volatility demonstrated by its 93% drop from all-time highs. As a CEX token, its value is directly tied to the Nexo platform’s operational and legal standing.

NEXO Sectors

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NEXO is tracked in the following market sectors on Best Info Crypto. Each page shows live aggregate data for that category.

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