Our Direct USD On-Ramp Is Here with a Big Promo
May 14, 2021•2 min read
The only thing better than Nexo’s current USD top-up options is even more options for transferring your dollars to your Nexo account. Better still: you can get 12% APY on your USD savings no matter your Loyalty tier for the first month!
The Lowdown
- Top-up: USD will reach your account in 1-3 business days, depending on how fast your bank makes the transfer. Once Nexo receives your funds, we process them instantly.
- Earn: Up to 12% interest on your USD, plus an additional 2% with Earn in NEXO.*
- Credit Line Repayments: You can now repay your Instant Crypto Credit Line™ directly with USD wire transfers.
- Exchange: Swap your USD for crypto and stablecoins with 100+ market pairs.
- #ZeroFees: Nexo doesn’t charge anything for USD top-ups, but be sure to check what your outgoing bank charges in Swift fees.
* Due to regulatory reasons, Earn in NEXO is not available to US clients.
Earn BIG! 12% APY for All
Until June 18, all clients who add USD to their Nexo accounts via bank transfer will receive 12% interest on their dollars at FLEX Terms regardless of their Loyalty tier! You can also bump up your interest by an extra 2% by opting to Earn in NEXO. So hurry, the earlier you add your USD, the longer you’ll be getting those promotional yields.
After June 18, you will automatically start earning at the standard rate for each Loyalty tier. You can find our standard rates here.
Credit Line Repayments with USD Are Changing
The new USD top-ups will replace the existing credit line repayment method when using dollars. Instead of repaying your credit via bank transfer, you will now have to top up USD to your Nexo account first. From there, you can instantly pay off your credit from within your wallet.
Coming Soon!
Wire transfers for USD top-ups are now live, but there’s more, we’re already working on implementing ACH transfers via our partners, so stay tuned.Our instant and secure USD on-ramp is brought to you through our partnership with Circle, a leader in tech solutions for digital assets and the company behind USDC. We’re thrilled to once again be working side by side with the industry’s best to make crypto even more accessible. We can’t wait to get you earning those daily yields on USD!