SOL Joins Nexo!

Oct 04, 2021•2 min read

As you know, we always have our clients’ best interest at heart so we’re back bearing some exciting news for you: Nexo is bringing SOL on board! You’re now able to buy, swap, earn and borrow against your SOL on our platform.

  • Buy: Buy SOL on Nexo and get it in your wallet within seconds.
  • Еarn: Receive up to 8% interest on SOL, paid out daily.
  • Exchange: Swap your SOL on the Nexo Exchange instantly.
  • Borrow: Borrow against your SOL from as low as 6.9% APR.

Full details about Nexo’s services for SOL are available below👇.

Buy SOL on Nexo

Buy SOL instantly, safely and effortlessly on Nexo. No complicated procedures or clunky UI to fight against. Just go to your Nexo wallet and buy at the touch of a button.

SOL market pairs available on Nexo:

SOL/ BTC SOL/ ETH SOL/ USDT SOL/ USDx SOL/ EURX SOL/ GBPX

Earn on SOL

Grow your SOL safely on Nexo, with the highest savings yield on the market. You can get up to 8% interest, paid out daily on your SOL with Nexo’s Earn Crypto Interest suite. Just top up and you’ll start growing your passive income straightaway – no further action is needed on your side.

Get Instant Cash, Keep Your SOL

Thanks to our Instant Crypto Credit Lines™, you can borrow cash or stablecoins using your SOL as collateral from just as 6.9% APR.

Borrow as little as $50 to up to $2 million whenever you want. Your requests are always processed automatically and approved within seconds, plus no credit checks. No installments or minimum repayments, meaning you can pay off your balance partially or fully whenever you’d like.

About Solanа

Founded in 2017, Solana (SOL) is a high-speed, open-source blockchain platform for decentralized apps, supporting over 400 projects spanning DeFi, NFTs, Web3 and more.

Solana uses a combined consensus mechanism based on Proof of Stake (PoS) and Proof of History (PoH). The native currency of the network is also called Solana and can be used for staking.

Praised as one of the fastest blockchain platforms in the world, Solana claims to be able to process up to 50,000 transactions per second while keeping transaction costs extremely low.