Nexo
Nexo is one of the most widely used regulated crypto savings platforms in the world. It offers daily interest on stablecoins at rates that range from 9% (US) to 13% (Latin America), a Mastercard for EU residents, and a credit line backed by crypto. This review covers everything you need to know before depositing.
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What is Nexo?
Nexo is a crypto financial platform founded in 2018 and headquartered in Zug, Switzerland. It serves over 7 million users across 200+ countries and manages more than $5 billion in assets. Its core products are a savings account (earn interest on stablecoins), a credit line (borrow against crypto without selling), and a Mastercard (EU only).
Unlike many crypto platforms, Nexo has pursued regulatory compliance aggressively. It holds a EU e-money licence, is fully MiCA-compliant, and is audited monthly by Armanino LLP, one of the largest accounting firms specializing in crypto. It publishes real-time proof-of-reserves, meaning you can verify at any time that Nexo holds enough assets to cover all customer deposits.
In March 2026, Nexo expanded into Latin America by acquiring Buenbit, one of Argentina's largest crypto exchanges. This brought its high-yield savings product to a region where stablecoin adoption is driven by inflation rather than speculation, and where the 13% rate it offers is genuinely competitive against local alternatives.
Nexo interest rates by region (2026)
Nexo's rates vary by region and by your loyalty tier (Base, Silver, Gold, Platinum). The tier is determined by how much NEXO token you hold relative to your total portfolio. Most users start at Base tier and can earn the rates shown below without holding any NEXO.
| Region | Stablecoin | Base Rate | Max Rate (Platinum) | Payout |
|---|---|---|---|---|
| 🌎 Latin America | USDC / USDT | 8% | 13% | Daily |
| 🇪🇺 European Union | USDC / EURC | 7% | 11% | Daily |
| 🇺🇸 United States | USDC / USDT | 5% | 9% | Daily |
Rates are subject to change. The maximum rate requires holding at least 10% of your portfolio in NEXO tokens. Most users earn the Base rate without any NEXO holdings. Always verify current rates on nexo.com before depositing.
Nexo's four products on StablePerks
Nexo Argentina: 13% Stablecoin Yield
Nexo's highest-yield product, available to users in Argentina, Mexico, Colombia, Chile, and across Latin America. Deposit USDC or USDT and earn up to 13% annual interest, credited daily. No lock-up on the flexible tier. This is the highest regulated yield available in the region and a genuine alternative to peso-denominated savings products that lose value to inflation.
Nexo Earn — EU
Nexo is fully MiCA-compliant and licensed in the EU. Deposit USDC or EURC and earn up to 11% annual interest, credited daily. Choose between a flexible account (withdraw anytime) or a fixed-term account for a higher rate. No minimum deposit. Nexo holds a EU e-money licence and is audited by Armanino.
Nexo Card
A Mastercard for EU residents with two modes: Debit (spend stablecoins directly) and Credit (borrow against your crypto without selling it). Your unspent balance earns up to 11% interest. Accepted at 100 million+ merchants worldwide. No monthly fees. Cashback is paid in NEXO tokens.
Nexo Earn Interest
Deposit USDC or USDT and earn up to 9% annual interest, paid out daily. You can increase your rate by locking funds for a fixed term. Available in all US states except New York. Nexo is one of the few crypto savings platforms that has maintained operations in the US through multiple regulatory cycles.
Is Nexo safe?
Nexo is one of the most audited and regulated platforms in the crypto savings space. Here is what the safety picture looks like in practice.
| Safety Factor | Nexo |
|---|---|
| Auditor | Armanino LLP (monthly audits, real-time proof-of-reserves) |
| Regulation | EU e-money licence, MiCA-compliant, licensed in multiple jurisdictions |
| Asset segregation | Customer assets held separately from company funds |
| Insurance | Not FDIC/FSCS insured. $775M custodial insurance via BitGo and Ledger Vault |
| Transparency | Real-time on-chain reserve verification published at nexo.com/proof-of-reserves |
| Track record | Operating since 2018, no customer fund losses reported |
Nexo is not a bank. Your funds are not insured by government deposit schemes (FDIC in the US, FSCS in the UK, or national equivalents). While Nexo holds $775M in custodial insurance via BitGo and Ledger Vault, this is not equivalent to government deposit insurance. Only deposit amounts you can afford to hold for the medium term. This is not financial advice.
How to get started with Nexo
Create an account
Go to nexo.com and click Sign Up. You need an email address and a password. The process takes about 2 minutes.
Complete identity verification (KYC)
Nexo requires ID verification to comply with anti-money laundering regulations. You will need a government-issued ID (passport or national ID card) and a selfie. Verification typically takes 10-30 minutes.
Deposit stablecoins
You can deposit USDC or USDT from any external wallet or exchange. If you do not already hold stablecoins, you can buy them on Coinbase, Bitso (Mexico/Colombia), Lemon Cash (Argentina), or any major exchange, then transfer to Nexo.
Start earning
Interest begins accruing immediately after deposit. You will see the first credit to your account within 24 hours. No action is required -- your balance compounds automatically every day.
Nexo vs other stablecoin savings platforms
| Platform | Max USDC Rate | Payout | Regulated? | Beginner-Friendly? |
|---|---|---|---|---|
| Nexo (LatAm) | 13% | Daily | Yes (MiCA + local) | Yes |
| Nexo (EU) | 11% | Daily | Yes (MiCA) | No |
| Nexo (US) | 9% | Daily | Yes | No |
| Coinbase (US) | 4.1% | Monthly | Yes (public company) | Yes |
| Bybit Earn | 5.80% | Daily | Partial | No |
| Aave (DeFi) | 3-5% | Continuous | No | No |
Frequently asked questions
Is Nexo safe?
Nexo is audited monthly by Armanino LLP and publishes real-time proof-of-reserves. It holds a EU e-money licence, is MiCA-compliant, and is regulated in multiple jurisdictions. It is not a bank and funds are not FDIC-insured, but it is one of the most audited and regulated platforms in the crypto savings space.
What is the highest rate Nexo offers?
Nexo offers up to 13% annual interest on USDC and USDT for users in Argentina and Latin America. EU users earn up to 11% on USDC and EURC. US users earn up to 9% on USDC and USDT. Rates vary by tier (Base, Silver, Gold, Platinum) based on how much NEXO token you hold.
How does Nexo pay daily interest?
Nexo credits interest to your account every 24 hours. You can see the accrual in real time in the app. There is no minimum holding period for the flexible tier -- you can withdraw at any time and still receive interest for the days you held.
Is Nexo available in the United States?
Yes. Nexo is available in the United States. US users can earn up to 9% annual interest on USDC and USDT. Nexo is not available in New York State due to local licensing requirements.
What is the Nexo Card?
The Nexo Card is a Mastercard available to EU residents. It has two modes: Debit (spend your stablecoins directly) and Credit (borrow against your crypto without selling it). Your unspent balance earns up to 11% interest. It earns up to 2% cashback in NEXO tokens.
Do I need to hold NEXO tokens to earn interest?
No. You can earn the Base rate without holding any NEXO tokens. Holding NEXO tokens unlocks higher tiers (Silver, Gold, Platinum) with progressively higher rates. The Base rate is still competitive -- 8% in LatAm, 7% in EU, 5% in the US.
Open a Nexo account
Earn up to 13% annual interest on USDC and USDT. Daily payouts. No lock-up required. Takes 10 minutes to set up.
Get Started at Nexo