common-close-0
BYDFi
Trade wherever you are!

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

avatarJozmar Hernandez chachaDec 27, 2021 · 3 years ago1 answers

Can you explain the step-by-step process for earning interest on my US crypto with Nexo? I'm interested in knowing how it works and what I need to do to start earning interest.

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

1 answers

  • avatarDec 27, 2021 · 3 years ago
    Earning interest on your US crypto with Nexo is a simple process. Here's what you need to do: 1. Create a Nexo account: Visit the Nexo website and sign up for an account. Provide the required information and complete the registration process. 2. Deposit your US crypto: Once you have an account, you can deposit your US crypto assets into your Nexo wallet. This can be done by transferring your crypto from another wallet or exchange. 3. Choose the crypto to earn interest on: After depositing your US crypto, you can select the specific crypto asset you want to earn interest on. Nexo offers a range of US crypto assets to choose from. 4. Start earning interest: Once you've chosen your crypto asset, it will start earning interest immediately. The interest is calculated daily and paid out monthly. 5. Track your earnings: You can easily monitor your interest earnings through your Nexo account. The platform provides detailed information on your earnings and allows you to withdraw them whenever you want. That's it! By following these steps, you can start earning interest on your US crypto with Nexo and make the most of your crypto assets.