Nexo Wallet
Wallet Website
Nexo is a digital assets wealth platform that provides a broad range of personalized financial products, including high-yield savings options, crypto-backed credit lines, and trading tools designed to maximize the potential of digital assets. Within this ecosystem, the Nexo Wallet serves as a self-custodial Web3 solution, giving individuals complete control over their assets while connecting seamlessly with decentralized finance applications. It also enables the creation of a Web3 identity that consolidates cryptocurrencies, NFTs, and linked wallets such as MetaMask into a single, secure interface.
The wallet enhances asset utility through cross-chain swaps that aggregate liquidity from decentralized exchanges, allowing efficient trading across multiple blockchains like Ethereum, Polygon, BNB Smart Chain, Avalanche, and Fantom. Features such as NFT management, transaction batching to reduce network fees, and the option to pay gas costs with stablecoins or wrapped ETH expand its practical usability.
Beyond basic storage and swaps, the Nexo Wallet incorporates DeFi yield opportunities by integrating with protocols such as Compound. This allows asset holders to earn interest starting from small deposit amounts without lock-up restrictions, though a 10% fee is applied to the yield generated. Together with the broader Nexo platform’s savings and credit services, the wallet reflects the company’s approach to combining traditional finance benefits with decentralized asset management.
Nexo wallet is a key part of the Nexo ecosystem which also includes NEXO token and Nexo Card.
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