NEXO (NEXO)
NEXO (NEXO)
1.25 -0.46 %
Rank # 113 500+ Watchlist
Low High
24H Range
Market Cap
24 Hour Trading Vol
Fully Diluted Valuation 906.03 B
Circulating 560,000,009.00
Total Supply 1,000,000,000.00
Max Supply 1,000,000,000.00
  • Ethereum ethereum-0xb62132e35a6c13ee1ee0f84dc5d40bad8d815206
  • Ethereum energi-0x04640dc771edd73cbeb934fb5461674830baea11
  Week Month Year All Time
High

21-Jul-2024

1.269942174554
-1.57%

17-Jul-2024

1.289097067143
-3.03%

14-Mar-2024

1.546776202054
-19.19%

12-May-2021

₹5,730,800.59
-69.25%
Low

21-Jul-2024

1.25
0.00%

08-Jul-2024

1.021776092929
22.34%

18-Oct-2023

0.523914845827
138.59%

13-Sep-2018

₹5,628.29
2,670.65%

NEXO News (Nexo News)

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

NEXO Chart (Nexo Chart)

NEXO Price USD (Nexo Price USD)

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score
NEXO Price History (Nexo Price History)
Price Market Cap Volume Date
Coin NEXO
Comments
NEXO Price Today (Nexo Price Today)

Nexo is a lending platform based on the blockchain that gives users instant loans backed by cryptocurrency. Users put up an accepted token, like Bitcoin (BTC), Ether (ETH), Litecoin (LTC), or XRP (XRP), as collateral to get a loan in the form of a fiat currency or stablecoin.

Nexo has a native token called NEXO. When NEXO is locked in the platform, it gives users benefits like lower interest on loans and the chance to get interest payments on funds deposited. Nexo's profits are also shared with people who own tokens.

The project was announced for the first time in December 2017, and it began in April 2018.

Nexo was started by a group of finance experts and crypto fans. They used blockchain to make a cryptocurrency version of a service that has been around for a long time in traditional finance but didn't exist in digital finance until now: borrowing against the value of your assets while keeping ownership. In 2018, the team launched the Nexo platform, which offered the world's first crypto credit lines. These lines let owners of digital assets borrow fiat and stablecoins against their digital assets, laying the groundwork for the crypto lending niche.

Nexo is made up of a group of people who have worked in financial services for more than 30 years. This includes non-crypto lending, investment banking, mergers and acquisitions, and hedge funds. Co-founder and Managing Partner Antoni Trenchev also has experience in Finance Law and KYC and AML solutions.

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Frequently Asked Questions (Crypto FAQs)
The current price of NEXO (NEXO) is USD 1.25
24 Hours, High Price of NEXO (NEXO) is USD 1.29 and Low price of NEXO (NEXO) is USD 1.24
The total supply of NEXO (NEXO) is 1000000000 and Circulating supply of NEXO (NEXO) is 560,000,009.00
The trading volume of NEXO (NEXO) is 13110513 In the last 24 hours