Nexo Help Center

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Where do I see the address where I need to deposit the collateral for my Nexo loan?

In your Nexo account at platform.nexo.io, there is a “Top-up” button next to each collateral option where you can see the Deposit Address of the particular cryptocurrency. 

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It is important to note that by depositing you acknowledge that Nexo is not responsible for any coins sent to the wrong address.

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You can also deposit crypto coins/tokens from exchange accounts.

The processing is as follows: BTC deposits will appear after six network confirmations; ETH and ERC20 deposits will appear after 50 network confirmations.

After making a deposit you can track its progress on the Transactions page in your Nexo account. No interest is accumulated until you make a loan withdrawal from your available Credit Line.

Your crypto assets are held in multi-signature wallets and cold storage at world-renowned custodian BitGo.

BitGo is backed by Goldman Sachs and is CCSS Level 3 as well as SOC 2 compliant.

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