Up Go the DOT Rates: 17% Interest on Polkadot!

Oct 21, 2021•2 min read

If your eyes still don’t believe what they saw in the title, we’ve got it down here too: This month Nexo is offering up to 17% yield on DOT.

With parachains coming, and Polkadot on a roll, we decided to celebrate by creating this promo specially for you. For those of you considering buying DOT, now may be the perfect moment to get some. Read on for the low down on this limited offer:

The Polkа-promo Details

Оur special promo is an instant high-yield alternative to liquidity staking that gives you up to 17% interest on DOT, paid out daily. All you have to do is hold Polkadot in your Nexo account. The offer is valid through November 30, 2021, so the earlier you add your DOT to Nexo, the more yield you’ll earn.

Our Polka-promo is seamlessly integrated into your Nexo account, so you can earn interest on DOT, use it as collateral for our Instant Crypto Credit Lines™, or even swap it for other assets on our exchange without ever having to leave your Nexo account.

Interest Rates per Loyalty Tier

As with all Nexo’s Earn Crypto Interest services, you get great base rates, but you can also boost your earnings by holding NEXO Tokens and choosing to receive your rewards in NEXO. To ensure your earning is optimized, check out this breakdown of our yields on Polkadot for each Loyalty tier and manage your DOT and NEXO in the most efficient way for you:

Platinum: Маximum rate – 17%. Standard rate – 14%.

Gold: Маximum rate – 16%. Standard rate – 13%.

Silver: Маximum rate – 15.25%. Standard rate – 12.25%.

Base: Маximum rate – 15%. Standard rate – 12%.

Note that all maximum rates are formed by combining the standard interest with an extra 1% from Fixed Terms and another 2% from opting to Earn in NEXO.

The Quickest Way to Get DOT

If you’re eager to get in on our limited offer, the fastest way to add Polkadot to your account is by buying straight from the Nexo Exchange. Here’s how:

  1. Log in to your Nexo account and go to the Exchange tab.
  2. Select your payment method: buy instantly with a credit/debit card or swap crypto and stablecoins already in your account.
  3. Select DOT as the currency you’d like to receive and confirm your order.

The Perks of Earning with Nexo

  • Flexible Earnings: Withdraw your DOT anytime with FLEX or boost your yield via Fixed Terms.
  • Daily Payouts: Grow your DOT portfolio with compounding interest, paid out daily.
  • Zero Fees: No hidden fees or commissions & up to 5 free crypto withdrawals per month.
  • Top-Tier Insurance: Enjoy top-tier custodial insurance on your DOT.

The blockchain space is expanding at lightspeed and Nexo is no exception. We are proud to be able to offer you such high yields on Polkadot and look forward to seeing you leverage the full power behind our offering.