In today's article we will see how we can register in the nexo wallet and through the platform have passive income from the coins we hold.
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What is Nexo?
Nexo was created in 2018 by Credissimo, the leading European group Fintech, and so far it has become a very attractive choice for investors. Nexo has exceeded 3,5 million users and manages over 12 billion, they have also created their own token that gives great privileges within their page.
How to open a Nexo account:
The process to open an account is very easy, we press the option New account and we enter our email and password.
After logging in to the platform it will ask us to do an authentication and which country we belong to.
Then after completing the account certification we are ready to start earning passive income through nexo go to the calculator category and choose which cryptobodies we want to send to the platform that is more than 40 coins.
Passive income from various coins in Nexo
At this point we can see endless options given to us by nexo to get passive income from 17% in fixed currency up to 36% per year at Axie Infinity
Example if you want to send Bitcoin to have 8% annual passive income all you have to do is click on the Top UP option, it will show you the international bitcoin (Deposit Address) and to this address you will send the bitcoins (Pay attention to the Address and the choice of network because if you make a mistake the money will be lost if you have any question always contact the online support of nexo)
Now if you do not want to send cryptocurrencies you can also buy directly from your card, press Buy BTC you choose my currency you have and you put what currency you want to buy in the example here I have English lyre to make bitcoin.
Then we have the Swap option that allows us to make for example the bitcoins we buy to make them ETH or the ETHs to make them BTC.
The nexo platform enables us the more nexo token we have the more privileges we have within the platform down in the image are all detailed.
If you want to buy nexo tokens you can do it through the exchange or directly through your state as we showed before.
what is the Nexo card
nexo has one of the best crypto cards allowing you to pay anything you want with the Cryptocurrencies you own. The card is accepted worldwide and you can get 2% cash back on all your purchases.
