The popular NEXO Finance application adds a welcome feature: its own crypto and fiat currency exchange. The service allows you to swap instantly & limitlessly between 75+ crypto & fiat pairs just in-app.
Nexo promises that their exchange service will offer seamless, instant, and limitless exchanges at the best available market prices. Nexo wants to offer a good exchange price by connecting to more stock exchanges. There will be no need to compare prices, the system will do it in a second for you from one platform. They offers 75+ Crypto & Fiat Pairs for all currencies supported by Nexo. Their own NEXO Token offers the following pairs: NEXO / BTC, NEXO / ETH and NEXO / USDT. This feature turns the Nexo Wallet App into a place where you can buy, sell, store and borrow your assets. No upper limit on the swaps you can make, up to $50,000 per single transaction.
It is worth remembering that Nexo does not charge any fees for asset withdrawals! So you can easily imagine a situation where you get assets with high fees in their exchange office (such as ETH or BTC) and use them for your payments from the Nexo application. This can be especially useful for payments of smaller amounts that would otherwise be very inefficient due to high fees.
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Useful to swap part of earned interests for NEXO tokens.
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Yes. So far I have had to change Nexo in Trust Wallet swap and send to Nexo account. It will be easy now.
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I like Nexo. Unfortunately, they recently raised the minimum loan amount to $ 500 in stablecoin (USDT or USDC). Previously, it was possible to borrow, for example, only 10 or 20 USDT or USDC and send them to any address with 0 fee. But I understand that it was disadvantageous for NEXO to send 10 USDT free of charge, while elsewhere the fees were up to 7-10 USD.
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