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. Hold at least 10% of the total value of your assets in your Savings Wallet in NEXO Tokens. If this condition is met, 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.
Value of assets in your Saving Wallet: 10 000 USD
Value of NEXO Tokens required for you to get the highest interest: min of 1 000 USD
The exact amount of NEXO Tokens required for the bonus interest rates in any given moment will depend on the token price and will be displayed in the ‘Total Interest Earned’ 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.