The NEXO Token is the native utility and loyalty token of the Nexo platform, issued by Nexo. It was introduced in 2018 and has a fixed maximum supply of 1 billion tokens. It runs on Ethereum as an ERC-20 token.
In Australia, the NEXO Token is at the heart of the Nexo Wealth Club, Nexo's loyalty program. The more NEXO Tokens you hold, either as a set number or as a share of your portfolio, the higher your Wealth Club tier, from Get Started up to Signature. Each tier unlocks more benefits across the platform, including lower Credit Line rates, up to 0.70% crypto cashback on swaps, and access to a dedicated relationship manager at higher tiers.
NEXO Tokens work across your whole Nexo account. You can buy them with Australian dollars on the Nexo Exchange after funding your account via PayID, Osko bank transfer or card, use them as collateral for a Credit Line at up to 15% loan-to-value, or transfer them in from other exchanges, where they count towards your tier straight away.
The token is used solely to access platform benefits. It isn't an investment or ownership instrument, and it doesn't provide interest, dividends, ownership rights or investment returns.
In Australia, NEXO Tokens are your key to the Nexo Wealth Club, Nexo's loyalty program. The more NEXO Tokens you hold, the higher your Wealth Club tier.
You can qualify by holding a set number of NEXO Tokens, or through your portfolio size and the share of it held in NEXO Tokens.
| Wealth Club Tier | How to qualify |
|---|---|
Get started | Every new client starts here |
Classic | Hold 50,000 NEXO Tokens, or have a portfolio over US$5,000 with 10% in NEXO Tokens |
Premier | Hold 500,000 NEXO Tokens, or have a portfolio over US$100,000 with 10% in NEXO Tokens |
Elite | Hold 1 million NEXO Tokens, or have a portfolio over US$1 million with 8% in NEXO Tokens |
Signature | Hold 2 million NEXO Tokens |
Your own AUD account details, PayID and Osko support, and a dedicated Australian team.
Nexo Australia is registered with AUSTRAC and is a member of the Australian Financial Complaints Authority (AFCA).
Our smart order router pulls liquidity from multiple venues to fill your order at the true cost.
Wealth Club members with a balance above US$5,000 receive up to 0.7% crypto cashback on purchases.
Backed by US$7+ billion in assets under management and built to give you stability and confidence in every move you make.
A dedicated client care team is available 24/7, so expert, personal support is always one message away.
