Yield
Nexo
Nexo advertises some of the highest stablecoin rates around — 8% on USDT and USDC — and unlike many high-rate lenders it does publish real-time proof-of-reserves and runs insurance arrangements on custodied assets. On those two co…
Is Nexo safe? It scores B on our five safety checks, passing 4 of 5 — Proof-of-Reserves, Flexible withdrawal, Insurance Fund, Track record (2+ years incident-free); not passed: Regulation. Every check below cites the evidence behind it and links its source. See how it ranks against the other 44 venues we grade →
Why this grade
- ✗
Regulation
In January 2023 — SEC settlement of $45M over securities-law violations (the Earn Interest product was deemed an unregistered security). Source →
- ✓
Proof-of-Reserves
Publishes a daily Real-Time Attestation by Moore (replaced Armanino in late 2022). Reserves cover liabilities 100%+. Source →
- ✓
Flexible withdrawal
Flexible Earn is available for most assets. Fixed-term offers a higher rate but with a lock. Source 1 → Source 2 →
- ✓
Insurance Fund
$775M insurance via BitGo and Ledger Vault. Covers all hot-wallet assets. Source →
- ✓
Track record (2+ years incident-free)
Operating since 2018. In January 2023 Nexo paid $45M to settle with the SEC and US states over its Earn Interest Product, and in October 2022 Bulgarian authorities raided its Sofia offices; that probe was dropped in December 2023 and Nexo has since filed a $3B arbitration claim against Bulgaria. These are regulatory and legal matters. We found no hack, withdrawal freeze or loss of client funds, so it passes our two-year rule. Source 1 → Source 2 → Source 3 → Source 4 →
All Nexo products
Yield products
as of Oct 17, 2026What would Nexo pay you?
How much will you earn?
Method: monthly compounding (1 + APR/12)ⁿ, where APR is the exchange's stated rate. The realized 12-month return is slightly higher due to reinvestment. Rates may change. Not financial advice.
How yields have moved
Source: daily snapshots via exchange API · accumulating since YieldScope launch
Paid placement · price for you doesn't change · we earn a share per click via the Bitcompare ad network
Nexo review: what this platform is
Nexo advertises some of the highest stablecoin rates around — 8% on USDT and USDC — and unlike many high-rate lenders it does publish real-time proof-of-reserves and runs insurance arrangements on custodied assets. On those two counts it is more transparent than the average yield platform.
It grades B: it fails our regulation check, and its record carries two regulatory episodes that are now more than two years old. In January 2023 Nexo reached a $45M settlement with the US SEC over its Earn Interest product (which was shut down for US users), and in October 2022 Bulgarian financial police raided its offices over money-laundering and tax allegations (the probe was dropped in December 2023). Neither was a loss of customer funds.
The deeper issue is the model: Nexo pays yield by lending out deposits, the same structure that sank Celsius and BlockFi. Proof-of-reserves shows assets exist on a date; it does not prove the loan book is sound. Treat the 8% as a higher-risk rate, not a free upgrade over a regulated 4%. This review is not investment advice.
How Earn works on Nexo
Nexo's Earn rates are flexible and start from $1: 2% on ETH and 1.2% on BTC. Those are Nexo's own base rates — the "before any loyalty bonus" figure from the authorised account's flexInterestAnnualPerCurrencyWithoutBonus field, not the "up to 13%" on the marketing page. Last re-checked on 17 October 2026. The headline 8% you may have seen assumes a tier that requires holding Nexo's own token, locking funds, or both.
Dollar stablecoins earn nothing here for an EEA account: USDT is listed at 0% and USDC has no flexible rate at all, so we publish neither. The reading is from an EEA account and is consistent with MiCA rules; other regions may differ.
Rates float and the program's terms have changed before under regulatory pressure (the US Earn shutdown). Verify the current rate and your eligibility on Nexo before depositing.
How to start on Nexo, step by step
- 01Keep position sizes small — never deposit funds you can't afford to lose.
- 02Check whether the headline rate requires holding the NEXO token or a loyalty tier.
- 03Verify current terms and your country's eligibility on Nexo — and don't treat proof-of-reserves as a guarantee of the loan book.
Should you park money here?
- +Flexible Earn from $1 on major coins — the base rate needs no lock-up
- +Publishes real-time proof-of-reserves — more transparent than most high-rate lenders
- +Insurance arrangements on custodied assets
- −$45M SEC settlement (2023) over its Earn product; closed for US users
- −Bulgarian police raid (2022) over money-laundering and tax allegations
- −Yield comes from lending deposits — the same model that sank Celsius and BlockFi
- −Top rates often require holding the NEXO token or a loyalty tier
Compare Nexo with others
Asset-by-asset rates and risk grades
Frequently asked questions
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Nexo passes 4 of 5 of our safety checks. If you run Nexo, you can show the grade with this badge — it links to this page and updates itself whenever the grade changes, up or down. Free and without sign-up; we never sell or adjust grades.
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