Nexo (NEXO) is a platform that allows users to collateralize their crypto. Once an amount has been staked, a user can proportionally borrow against / receive interest on the value of the amount staked. The platform has an incentive in its rewards token NEXO which can also be staked to access proportional rewards or better interest rates. Nexo distributes 30% of its profits in the form of dividends via the NEXO token, classifying it as a digital security asset.
Cryptocurrency is an exciting, new space to get involved in. Find out how to get in on the action.
Because stablecoins are designed to maintain a peg to fiat currencies, they can be useful tools. Coins such as USDC, USDT and QCAD generally experience lower volatility than other crypto assets.
Provide some basic details about yourself to get verified. This process usually takes less than 5 minutes!
Connect your bank account or utilize Interac e-Transfers to add or withdraw funds seamlessly.
You can start buying and selling crypto quickly and easily right away on your phone or on web browser.