Nexo Review 2021 • Pros, Cons & More • Benzinga

 Nexo Review 2021 • Pros, Cons & More • Benzinga

As a crypto savings account, Nexo charges users a very small fee. Similar to a traditional savings account, Nexo does not charge any account maintenance fees and you can withdraw your cryptocurrency at any time at no additional cost.

Nexo covers all transaction fees on the side of your account, which means you will only pay brokerage fees when transferring directly from an exchange wallet to your Nexo account. These fees will vary depending on the broker you use. There is no minimum amount of cryptocurrency you have to deposit into your Nexo account in order to start earning interest.

The minimum withdrawal amounts for cryptocurrencies depend on the type of cryptocurrency that is stored in your wallet. Bitcoin has the lowest withdrawal minimum at 0.001 coins, while Tron has the highest minimum with 20 tokens.

Nexo Ease of Use

If you've never used a cryptocurrency savings account before, Nexo can be a great place to start your savings journey. With its simple, straightforward and straightforward layout, learning Nexo only takes a few minutes.

Let's take a look at some of our favorite features that make the platform extremely easy for beginners.

  • Fast registration. For most users, it only takes a few minutes to create an account with Nexo. Just answer a few questions about your personal information, verify your account, and get started with a versatile mobile or desktop platform.
  • Simple platform. The platform layouts are also exceptionally easy to navigate - especially for newbies who have no experience transferring or trading cryptocurrencies. Instantly view your available loan, holdings and repay whatever you borrowed in just a few clicks. Nexo also supports two-factor authentication to avoid security disruptions and maximize your investment's protection.

Nexo Education

Nexo offers several unique tools that you can use to learn more about the cryptocurrency market and its platform as you invest.

Let's take a look at a few of our favorite tools.

  • YouTube demos. Setting up a Nexo account is easy with YouTube tutorials on demand. Learn more about the Nexo platform in just a few minutes and gain access to advanced account features.
  • The main news about cryptocurrency. The Nexo app not only offers tips and tricks for using the platform - it also includes video updates on major cryptocurrency-related events to keep you updated.
  • Nexo blog. Nexo's official blog is also regularly updated with information about the cryptocurrency market and how the platform is expanding and changing in line with the changing needs of investors.

All Nexo educational tools are available for free and you don't need to sign in to your Nexo account before starting.

Nexo Customer Support

Nexo offers 3 unique methods through which you can contact customer service.

  • Email. To contact Nexo by email, please send a message to
  • Internet messaging. To contact Nexo and send a message to support, fill out the online help request form here.
  • Live chat. To contact Nexo via live chat, go to and click on the blue speech bubble in the lower right corner of the screen.

The Nexo team monitors customer support requests 24 hours a day, 7 days a week.