What is the process of earning interest on my crypto with Nexo?

1 answers

• Peppe2496Sep 26, 2024 · a year ago
  Earning interest on your crypto with Nexo is a breeze! Here's how it works: First, create an account with Nexo. Once you're all set up, deposit your crypto into your Nexo wallet. Nexo will then lend out your crypto to borrowers and generate interest. The interest earned is distributed to Nexo users based on the amount of crypto they have in their wallet. You can choose to receive your interest in the same crypto or in Nexo tokens. The interest is paid out daily, so you can see your earnings grow over time. And the best part? You can withdraw your interest whenever you want. It's like having a savings account for your crypto! If you have any more questions, feel free to ask!
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