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Nexo Exchange services - Explained

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As a further step towards offering Nexo clients a 360-degree banking service, the Nexo Exchange is equipped with features and benefits that give you an edge over other investors.

To cater to the trading needs of various crypto communities, the Nexo Exchange enables instant exchanges between all currencies supported by Nexo. With the tap of a finger and without wasting time on withdrawal confirmations, you can trade FiatX for cryptocurrencies and make conversions from one cryptocurrency to another.

Notably, the Nexo Exchange lets you buy, sell, and convert your crypto and FiatX all from within the comfort of the Nexo Wallet App or Nexo platform. For the first time ever, Nexo clients can natively trade NEXO Tokens on the go, without having to leave the platform. Overall, Nexo's swap feature will allow immediate exchange between 75 crypto and FiatX pairs.

 

Ways you can use the Nexo Exchange

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The Nexo Exchange product is split into two services as follows:

  • Nexo Convert allows you to buy, sell and swap your assets instantly via a service commonly referred to as spot trading.
  • Nexo Booster allows you to get between 1.25 and 3x leverage on your portfolio via a service commonly referred to as leverage trading. For more information, please check the dedicated article.

Nexo Convert

To discover our exchange, simply open your Nexo Wallet App or log in to our web platform, click on the Exchange icon in the middle, select Nexo Convert and start trading.

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1. Make sure you run the latest version of the Nexo Wallet App.
2. Open your Nexo Wallet App or web platform and go to the Exchange tab.
3. Select the currencies and the amount you want to trade.
4. Click Exchange to confirm your trade instantly.

 

What currencies does the Nexo exchange support?

The Nexo exchange currently allows exchanges of all crypto and FiatX currencies supported by Nexo. Users can natively swap more than 75+ crypto and FiatX currencies, including the NEXO Token pairs NEXO/BTC, NEXO/ETH, NEXO/USDT, NEXO/USDC, NEXO/USDx, NEXO/EURx, and NEXO/GBPx.

 

Can I exchange assets that are used as collateral?

Yes, you can. Please click here for detailed guidance.

 

How can Nexo guarantee the best market price currently available?

Thanks to the in-house Smart Routing system, the Nexo exchange simultaneously connects to multiple exchanges to identify the best price and split the orders depending on the price per volume. The system guarantees best-price swaps and no price fluctuation between order submission and order fulfilment.

 

The Perks of Using the Nexo Exchange

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The Nexo Exchange provides more utility for our native NEXO Token. The exchange gives you the opportunity to trade, as well as borrow against, and earn in NEXO.

 

*Trading NEXO Tokens and XRP on the Nexo Exchange requires Advanced Verification.
  Trading XRP is currently unavailable for US citizens and US residents.

 

Important: The Nexo Exchange is temporarily unavailable for clients residing in Australia.

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