Effective December 9, 2021, you can get up to 0.5% cashback with every purchase or swap through the Nexo Exchange as long as you are in the Silver, Gold, or Platinum tier of our Loyalty Program. Please find the cashback rates per loyalty tier in the breakdown below:
- Silver: 0.10% cashback
(1-5% NEXO Tokens)
- Gold: 0.25% cashback
(5-10% NEXO Tokens)
- Platinum: 0.50% cashback
(At least 10% NEXO Tokens)
In essence, at least 1% of your portfolio must be in NEXO Tokens for you to be eligible for the Exchange Cashback.
- The Exchange Cashback is not a limited promo but a permanent component of your Loyalty Program accessible all year round.
- The cashback is paid out in the output currency and is directly added to your Savings Wallet where you can earn interest on it.
The total cashback paid is limited to $100,000 in exchange volume per month. That means you will be earning cashback until your total monthly amount of swaps exceeds $100,000. That limit resets back to $0 on the last day of each month at 23:59:59 GMT+2*.
*Example: A client based in California exchanges assets through the Nexo Exchange on December 31, 2021, at 22:00 local time /Pacific Standard Time (GMT-8)/. The platform recognizes the exchange time as January 1, 2022, 08:00 GMT+2, and therefore the exchange falls into January's exchange volume limit and not December's.
Exchanging crypto for fiat or vice versa, buying crypto with card, and the Nexo Booster are unavailable for clients residing in Australia.
- Trading XRP is currently unavailable for US citizens and US residents.
- Buying TerraClassic USD (USTC) on the Nexo Exchange is not subject to cashback.