Nexo Coin Live Price, Chart, Smart Contract, Credit Line, Lending Yield, Wallet, and Trading Guide
Nexo Coin (NEXO) is the utility token of the Nexo platform, a pioneer in centralized finance (CeFi) for digital assets offering instant loans, daily compounding interest on deposits, and advanced wallet and credit products. Launched in April 2018 by Antoni Trenchev and a team with deep fintech expertise, Nexo leverages Ethereum blockchain security to deliver fast, transparent financial solutions to millions of users.
Key Metrics and Protocol Data
Symbol: NEXO
Launch Date: April 2018
Blockchain Protocol: ERC-20 Ethereum
Market Cap: ~$1.24B
24h Trading Volume: ~$9.46M
Circulating Supply: ~1.00B NEXO
Total Supply: ~1.00B NEXO
All-Time High: $4.07 (May 2021)
All-Time Low: $0.045 (Sep 2018)
Smart Contract: ERC-20, verified on Ethereum explorers
Fundamental Data, Use Case & Tokenomics
Whitepaper: Available on Nexo’s website for full detail on protocol, rewards, and lending architecture.
Founding Team: Led by Antoni Trenchev and partners with backgrounds in banking, tech, and blockchain regulation.
Use Case:
Earn crypto yield up to 14% annually on flexible and fixed programs.
Crypto-backed loans with scalable credit lines (BTC, ETH, stablecoins, and more).
In-app swaps, fiat integrations, and a proprietary crypto card.
Tokenomics:
Preferential yields and repayment rates for holders.
Loyalty rewards, yield boosters, lower borrowing costs, and fee rebates.
DAO-driven governance with regular stakeholder proposals.
Governance Model:
News, Updates & Community
Twitter/X: @Nexo for latest ABI upgrades, new listings, and security news.
Official Blog: Product releases, policy changes, yield program updates.
GitHub: Ongoing tech developments on lending, wallet, and integration modules.
Related Resources
How to Buy Nexo Coin
Register on major exchanges and verify KYC.
Deposit fiat or crypto and search for “NEXO.”
Place market or limit orders, send NEXO to a secure ERC-20 wallet.
How to Stake Nexo Coin
Deposit NEXO to your Nexo wallet.
Opt for Earn Interest On NEXO, activate a flexible or fixed-term savings plan.
Receive daily compounding interest, with higher rates for fixed staking and loyalty tiers.
How to Trade Nexo Coin
Use Nexo’s in-app swap or connect to major centralized exchanges.
Trade NEXO for ETH, USDT, or other supported tokens.
Analyze charts, manage orders, and harvest any trading bonuses or cashback.
How to Integrate Nexo Coin in dApps
Access the NEXO ERC-20 address and ABI from Etherscan.
Use standard Web3 or Ethereum libraries for staking, credit line, or yield functionalities.
Monitor API documentation for wallet, interest, loan, and credit feature integration into external dApps.
Pros
Instant crypto credit lines without liquidation risk
Daily compound interest, flexible and fixed savings for 100+ coins
High security, easy fiat integration, and full regulatory compliance
Cons
Clipstrust Expert Note
Clipstrust experts recognize Nexo Coin for pioneering secure, flexible lending with daily yield and loyalty-based rewards—making it an exceptional solution for long-term asset growth. If NEXO’s credit and earning advantages align with investment needs, please leave your review on our business category listing.
User Experience and Community Feedback
Nexo Coin earns strong praise for hassle-free lending, prompt withdrawals, and transparent interest rates. Clipstrust encourages ratings to help other users confidently evaluate Nexo’s offerings.
Frequently Asked Questions
Q1: What can you do with Nexo Coin?
Earn yield, unlock preferential rates, access instant credit lines, and pay lower fees.
Q2: Who founded Nexo and when?
Antoni Trenchev, 2018, with fintech and regulatory experts.
Q3: Is Nexo Coin staking flexible?
Yes, flexible and fixed plans support daily compounding interest and bonus rates.
Q4: How is my crypto secured on Nexo?
256-bit encryption, Ledger Vault, Fireblocks, and $375M insurance protection.
Q5: How are Nexo loans repaid?
Either by selling part of deposits (auto-repayment) or direct repayments in crypto/stablecoins.
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