Nexo is a regulated, cryptocurrency lending platform. It has been around for more than ten years as a FinTech company. It makes it possible to lend in 45+ fiat currencies. The company makes it easy to instantly withdraw funds to the bank or spend funds by using Nexo Debit Card.

Pros

  • Licensed & Regulated
  • Insured by BitGo
  • Audited by Deloitte
  • 30% Dividend
  • Borrow in 45+ fiat currencies
  • Spend money by card
  • Withdraw to bank
  • Earn interest on Euro
  • Earn interest on British Pound

Cons

  • KYC/AML
  • Centralized

Payout frequency

đź’¸ Weekly

Security

  • Custodial
  • Insurance
  • 2FA
  • SMS Authentication

Loyalty program

Nexo has a security token that pays out 30% dividend.

Debit/Credit Card

Yes