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What is NEXO Token and what are benefits of owning NEXO Token?

At Nexo we value all of our customers greatly which is why we devised the NEXO Token, the world’s first compliant, dividend-paying, asset-backed token, featuring the following benefits:

  • Stacking NEXO Tokens give you a 50% discount on the accumulated interest.
  • Staking NEXO Tokens also brings clients 25% higher interest on the idle assets in their Nexo Account.
  • Nexo shares 30% of its profits in the form of dividends with NEXO Token Holders. Until now ±9.5M USD have been distributed through two dividend payments (2018, 2019, 2020). In order to participate, two conditions have to be met:
    • NEXO Token Holders must undergo one-time KYC (Advanced Verification) just as they would do at any other compliant financial institution. Nexo’s KYC process is straightforward, fully automated and usually takes less than two minutes;
    • NEXO Tokens must be held/staked in your Nexo Wallets at the ex-dividend date.

 

If you want to be a part of the Nexo enterprise and earn along with the company, buying NEXO is as easy as purchasing any other crypto asset. Huobi Global is currently the largest exchange, where NEXO is available. A complete list of all exchanges where NEXO Tokens are traded can be found here.

We consider the NEXO Token a means of giving investors the opportunity to participate in Nexo’s financial blessings and we hope you enjoy it.

Learn more about Nexo dividends by reading this article: Nexo Dividends Explained.

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