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NEXO Pro Review – SignUp Bonus

NEXO Pro Review with one of the best free crypto signup bonuses on the market. Nexo pro is the new advanced trading application launched for Platinum users.

Nexo pro includes perpetual trading, margin trading, deep liquidity from several sources and low fees.

Nexo Pro is currently available to Platinum users who have held this Loyalty tier on August 29, 2022, at 2:00 PM UTC. The platform will be released to all Nexo clients soon.

NEXO $100 SignUp Bonus

Nexo offers a simple, secure way to build your crypto portfolio. Get a $100 welcome bonus, paid out in Bitcoin, when you make your first top-up of $1,000 or more.

  1. Sign Up – Create your Nexo account via any link on this page and verify your identity.
  2. Deposit – Deposit $1,000 or more in supported assets and hold them for 30 days.
  3. Reward – Receive $100 in BTC Free! 

What is NEXO?

Nexo is a regulated cryptocurrency lending and borrowing platform with many additional features.

Nexo also provides an exchange, the NEXO credit card, and a trading platform called NEXO pro.

  • Earn passive income with lending and earn product
  • Borrow funds with 0% interest with the borrowing product
  • Exchange crypto-to-fiat or crypto-to-crypto
  • Fiat on- and offramps (SEPA, Wire, Credit Card)
  • NEXO credit card with up to 2% cashback
  • NEXO pro with advanced trading features

What is NEXO Pro?

NEXO Pro is an advanced exchange feature with additional trading tools.

With the new trading platform featuring limit orders, margin trading, perpetual future contracts, and automated strategies, we aim to help you meet your long and short-term investment goals.

NEXO Pro Advanced Orders

With NEXO Pro, you can create market orders, limit orders, trigger orders, or even automate TWAP(Time-weighted average price) trades on 400+ pairs. Start margin trading with up to 5x leverage.

TWAP orders are a strategy of executing trades evenly over a specified period.

NEXO Pro Perpetual Futures

The NEXO pro perpetual futures contracts are settled in USDT with up to 2x leverage. So with crypto futures contracts you can get exposure to a cryptocurrency without owning the underlying.

NEXO Pro Margin Trading

Nexo Pro margin trading le you trade up to 5x leverage.

When placing a leveraged margin order, you borrow funds to trade with, on top of your initial balance (in other words, your margin), with a maximum leverage of 5x.

NEXO Pro Deep Liquidity

NEXO Pro sources liquidity from 10+ exchanges simultaneously to give you the best exchange rate with minimum slippage.

NEXO Pro Low Fees

NEXO Pro comes out with very competitive trading fees, promised to last until November 2022. Here, you can get to as low as 0% and not higher than 0.1% for spot trading fees and 0.03% for futures trading fees.

NEXO Pro Trading Fees Review

The exact fee you will pay on NEXO Pro depends on three factors,

  • Your Pricing Tier
  • If you pay the Maker vs. Taker fee
  • If you trade on the Spot market or Futures Exchange.

NEXO Pro Pricing Tier

The NEXO Pro pricing model is based on the total USD trading volume over the trailing 30-day period,  updated once a day at 00:00 UTC. This is similar to most crypto trading platforms.

The Total Volume does not include trades between stablecoins (for example, USDC/USDT).

NEXO Exchange

The Nexo exchange feature is a spot trading application where you can swap anything for anything.

The Nexo exchanges support 100+ exotic markets allowing you to swap seamlessly between almost everything.

NEXO Borrow

The Nexo credit line lets you borrow without selling your crypto at rates starting from 0% APR.

You have to use your crypto as collateral and your credit line is immediately available.

  • Instant approval
  • No credit checks
  • No origination fees
  • No monthly repayments
  • Available from $50 up to $2M

NEXO Lending

One of the main features of Nexo is the earning product. Here, you can lend your crypto to earn interest as a passive income.

Prior to their work in the crypto space, the people behind Nexo were providing traditional instant loans to Europeans since 2007 through a platform called Credissimo.

NEXO KYC and Verification

Since Nexo is a licensed and regulated crypto trading, exchange and lending/borrowing platform, KYC verification is a mandatory process.

KYC Personal Info verification – You will have to provide your legal name, residential address, employment details, and phone number.

Complete Identity Verification – you will need a high-quality photo of a government-issued ID (a passport works best), and you will also be prompted to take a selfie.

NEXO Account Security

NEXO has implemented several security features to make sure your account is secure and safe. 

In the list below, you find the main security features you can use as a Nexo customer to secure your own account.

Login Information – Change your password, see your account e-mail details, and monitor the logins to your account.

Two-Factor Authentication – Used for withdrawals and changes to security settings.

Address Book – Manage crypto addresses for easier and more secure withdrawals.

NEXO Pro Eligble Countries

Nexo markets itself as a global company and it should. However, similar to many other crypto trading platforms, there are specific jurisdictions in which they do not operate, including:

  • Bulgaria
  • The Central African
  • Republic
  • Cuba
  • Estonia
  • Iran
  • The US state of New York
  • The US state of Vermont
  • North Korea
  • Syria

NEXO Pro Taxes

All countries and jurisdictions have different tax laws concerning crypto trading.

However, for many countries, every buys or sell transaction is a taxable event.

This is very important ti understand once you start trading volatile assets like cryptocurrencies.

NEXO VS Binance

Nexo and Binance are both advanced crypto platforms with large ecosystems around their main features.

While Nexo started as a crypto lending and borrowing company, they have now expanded with an exchange, trading platform, and a Nexo debit card.

Binance started as a crypto exchange and has expanded its features with a Binance debit card, Binance Earn, and leverage trading.

Crypto Trading Platform Reviews Binance
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