The standard Earn Interest rate is 8% for fiat and stablecoins and 5% for crypto assets.
In order to receive 12% and 8% interest on your savings respectively you have to:
1. Stake NEXO Tokens worth 10% of the total value of assets in your Nexo account to be eligible for higher interest rates. In other words, you have to be in the Platinum tier of our Loyalty Program. You will automatically receive an extra 2% on your fiat and stablecoins and +1% on your cryptocurrencies compared to the standard rate.
2. If you choose to Earn Interest in NEXO Tokens instead of in kind (same cryptocurrency) you will receive additional +2% interest on all your assets held in Savings Wallet.
The Total Value of your portfolio excluding NEXO Tokens = 9 000 USD
Value of NEXO Tokens required for you to get the highest interest = 900 USD (10%)
The Total Value of all assets = 9 900 USD
The exact amount of NEXO Tokens required for each of our loyalty tiers in any given moment will depend on the token price and will be displayed in the ‘Nexo Loyalty Levels’ screen:
How to activate the option to EARN Interest in NEXO Token:
1. Log in to your Nexo account.
2. Then click on "My Profile".
3. Clink on "Settings".
4. Choose "All interest pain in NEXO Tokens".
5. Congratulations you activated a +2% interest bonus on all assets held in your Savings Wallet.
Note: Please be aware that due to regulatory restrictions Earn in NEXO is currently not available to US clients.