Where Do I Buy NEXO Tokens
I buy NEXO ERC20 tokens on Uniswap.Exchange as they have some of the best rates.
It’s always good to have another path to follow, and my latest path of convenience is Trust wallet.
Trust wallet supports both NEXO Ethereum ERC20 token (recommended) and the BEP2 token.
NOTE: You will have to use Binance (BNB) token to do the exchange. This can be 1 or more extra trades in the app.
What Is NEXO Used For?
The Nexo.io interest and lending platform, provide better rates if you have over 10% of your portfolio value in NEXO (NEXO) token.
Example:
- $1,000 in stablecoins earns 8% interest.
- $1,000 in stablecoins and $100 in NEXO earns 10% interest.
The NEXO token also fluctuates in price. One of the main drivers for the price moves is because they pay a dividend to NEXO token holders. The dividend amount and payment date are not consistent. You need to follow their social channels if you want to know more specific details about the dividend.
How Does Trust Wallet Work?
Trust wallet accepts Bitcoin and Ethereum amongst other tokens.
Some people will be able to load fiat on to the app via MoonPay Third Party credit card provider, but check the fees, this might not be your best option to load funds.
Once funds are loaded, you can choose to “Swap” or “Exchange” inside the app. You can use the convenience of the swap, or take your time on the exchange.
Exchange Note: You will need the Binance (BNB) token for an exchange and they only have a NEXO/BNB pair, no CEL/BNB.
Who Is Trust Wallet?
Trust wallet was purchased by Binance in 2018. This has allowed Trust wallet to support a lot more tokens sooner.
Bonus Trust Wallet Token (TWT)
There is a token built in called “Trust Wallet Token” (TWT). You will receive 100 TWT when you download and install the app.
Mobile App Screenshots
I use both NEXO and Trust wallet. They are both great products that offer a lot of benefits. I would be very grateful if you used my links to use these products.
Here Be Dragons
Take responsibility for yourself, everything you think, say, do. Greatest lesson ever learned.
Do research. Question everything. Decide where you are going, and set your sails.
“Hey, you created me! I didn't create some loser alter-ego to make myself feel better. Take some responsibility!”
― Chuck Palahniuk, Fight Club