­čÄČ WhatÔÇÖs New In May: The NEXO Hunt & More

3 min read
New Features

Welcome to your monthly recap! May has unveiled the thrilling NEXO Hunt, a new Referral Program, and more ÔÇô letÔÇÖs dive in.

Can't watch the video? Check out the transcript below to catch up in your own time ­čĹç.

The Hunt for $13M+ in NEXO Tokens 

ÔÇťThe celebration for our sixth birthday is on, with a massive Nexonomics-inspired airdrop campaign. You can join and grab your share of over 13 million dollars* in NEXO Tokens by completing simple actions in your Nexo app until July 7th. ÔÇť

ÔÇťTo start, go to the in-app Reward Center. Select the NEXO Hunt and opt in for your participation. Now, you are greeted by the three key aspects of the Nexo Hunt: the total points you collect for your actions, which can be redeemed for NEXO Tokens at the end of the campaign; your current multipliers, which allow you to collect points faster; and the list of actions that earn you points.ÔÇť

ÔÇťThe Loyalty Multiplier can double all future points you will collect. You can maximize the benefits of the Loyalty Multiplier by holding enough NEXO Tokens in your account to qualify for Platinum Loyalty Tier. HavenÔÇÖt funded your Nexo account yet? Top up for the first time during the NEXO Hunt to receive an additional 5 times more points. The best time to join the Nexo Hunt is now. You can view examples of how points can be collected in our blog post.ÔÇť┬á

New Referral Program 

ÔÇťOur new Referral Program is now live with bigger rewards for you and your friends. ThereÔÇÖs now a one-time Bitcoin reward when you invite a friend who creates and funds their account. As your friend exchanges and borrows, you can get additional bonuses paid out in Bitcoin. The maximum reward for one successful invite is $180 in Bitcoin.ÔÇť┬á

ÔÇťThereÔÇÖs no limit on your rewards so invite as many people as youÔÇÖd like. You can start by sharing your referral link available in your Nexo app or web platform. DonÔÇÖt forget to remind your friends that they also receive Bitcoin rewards along with other benefits on Nexo.ÔÇť┬á

More Improvements 

ÔÇťIn May, we expanded support for bank transfers to 200 jurisdictions. That means more Nexo users can enjoy seamless account top-ups using USD, Euro and British Pounds. Here are the steps to do it.ÔÇť

ÔÇťFrom the app dashboard, tap the ÔÇťTop UpÔÇŁ button. Select the bank transfer option and a currency. Copy the information, paste it into your third-party banking app, and confirm the transfer. Your funds should arrive soon in your account* and you can exchange or earn interest on them.ÔÇť┬á

ÔÇťAnother recent update was the launch of our new Crypto Bundle - Market Leaders. It allows you to buy the 10 cryptocurrencies with the highest market capitalization, listed on Nexo, with a single tap. ItÔÇÖs a quick and easy way to gain exposure to the most popular digital assets.ÔÇť

Stay tuned for our next episode of 'What's New', where we'll continue to share the latest product developments and innovations at Nexo.

*The equivalent USD value of the campaign pool of 10,000,000 NEXO Tokens is indicative, based on the market price as of June 17, 2024. Please be aware that the market price of the NEXO Token may differ on the claim date. 

Product limitations may apply in certain jurisdictions. 

Citizens or residents of the USA, UK, and Canada are not eligible to participate in the NEXO Hunt campaign. 

These materials are accessible globally, and the availability of this information does not constitute access to the services described, which services may not be available in certain jurisdictions. These materials are for general information purposes only and not intended as financial, legal, tax or investment advice, offer, solicitation, recommendation, or endorsement to use any of the Nexo Services and are not personalized, or in any way tailored to reflect particular investment objectives, financial situation or needs.

Digital assets are subject to a high degree of risk, including but not limited to volatile market price dynamics, regulatory changes, and technological advancements. The past performance of digital assets is not a reliable indicator of future results. Digital đ░ssets are not money or legal tender, are not backed by the government or by a central bank, and most do not have any underlying assets, revenue stream, or another source of value.┬á

Independent judgment based on personal circumstances should be exercised, and consultation with a qualified professional is recommended before making any decision.

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