Nexo

The NEXO token is the native cryptocurrency of the Nexo platform. It is an ERC-20 token built on Ethereum. NEXO token holders gain access to Nexo's Loyalty Program, which provides benefits like preferential borrowing rates, cash-back, free withdrawals, and better yield rates. The token is freely traded on various centralized and decentralized exchanges.

Nexo has a strong focus on security and data privacy. The company has acquired prestigious security certifications like ISO 27001, ISO 27017, and ISO 27018, demonstrating its commitment to protecting client data and enhancing cloud security. Nexo has also achieved the Cloud Security Alliance's STAR Level 1 Certification and completed a SOC 2 Type 2 audit. Platform security features include 2-factor authentication, biometric login, SSL encryption, and 24/7 customer support. Nexo also operates a strict over-collateralized lending policy to manage risk and protect its clients.

Nexo has evolved from its origins as an overcollateralized lending platform into an all-in-one crypto management suite. Key differentiators include its Instant Crypto Credit Lines, which allow users to instantly obtain loans in fiat or stablecoins using digital assets as collateral. Nexo also offers a suite of other products like its Earn Interest service, Swap while You Earn feature, and Perpetual Futures trading. The Nexo Card, a crypto-backed credit card in partnership with Mastercard, is another unique offering. Nexo also has a dedicated institutional platform called Nexo Prime for corporate and high-net-worth investors.