Nexo
★ 3.6Nexo is a crypto lending and yield platform - best for earning yield on crypto and borrowing against it. Earn yield plus instant crypto-backed credit lines in one app.
Reviewed by Market Minute · Updated June 2026 · ✓ Fact-checked · how we rate
Crypto is high-risk. Prices are volatile and you can lose some or all of your money. This is general information, not financial advice. Availability and rules vary by country and US state.
Our take
A yield-and-borrow platform, not a first-buy exchange. Its 2026 US return via Bakkt is more regulated than the 2022 exit - but crypto yield is higher-risk than simply holding, so understand the counterparty risk before you opt in.
- Market Minute
Pros
- + Earn yield or borrow against crypto without selling
- + Polished, mobile-first app
- + Re-entering the US via a regulated Bakkt partnership (2026)
Cons
- − Yield/lending means your crypto is lent out - counterparty risk
- − Not a simple spot exchange for a first buy
- − US features still rolling out
Good to know
Nexo paid $45M in 2023 to settle SEC and state charges that its Earn product was an unregistered security, and left the US; it is re-entering in 2026 via Bakkt. Crypto yield/lending is higher-risk than simply holding on a spot exchange - your assets can be lent out (counterparty risk). Understand that before opting in.
Active promotion
Limited-time referral bonus: add $5,000+ in crypto within 15 days and keep it 30 days, and you share a 1% bonus on your 30-day average balance, paid in BTC over 12 months (standard rate 0.5%). $5,000 minimum - best only if you're funding a larger balance; terms apply, verify at nexo.com/referral.
We may earn a commission if you open an account. This is educational, not financial advice.
Source: sec.gov, decrypt.co
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