You can use the following crypto assets as collateral: BTC, ETH, XRP, LTC, XLM, BCH, EOS, LINK, TRX, DOT, ADA, DOGE, SOL, AVAX, MATIC, FTM, ATOM, Terra (LUNA2), RUNE, UNI, AXS, Stablecoins, PAXG, NEXO, BNB, GALA, SUSHI, CRV, AAVE, MANA, SAND, NEAR, KSM, APE, 1INCH, MKR and OP. Support for other major altcoins is coming later in 2022.
We have more than 40 applications from companies that want their tokens to be added as collateral. We are very particular about who we work with and give priority to projects with integrity and a significant impact on the ecosystem as a whole.
If you wish to see your favorite altcoin added among the collateral options, you can make a vote within its community or ask the team of the particular project to fill out our application form.
IMPORTANT! Please make sure to only transfer supported crypto assets over the respective Blockchain network supported by Nexo. Тransferring unsupported assets to your Nexo account will result in permanent loss.