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Tested with real money by our research desk: bonus terms verified, payouts timed, licensing checked. Here is everything you need to decide if Nexo deserves your bankroll.
Score verified by our research desk. Terms apply. 21+ (18+ in some regions). Please gamble responsibly.
Nexo is a cryptocurrency exchange founded in 2018 — 8 years in operation — and currently holds a 7.6/10 composite score in our audit, based on real-money testing across account opening, deposits, platform quality, and timed withdrawals.
Nexo lists 60+ coins, earn + borrow, with a minimum deposit of $10 and withdrawal processing measured at 10-30 minutes in our on-chain transfer tests. For bettors, it functions as the fiat gateway: buy stablecoins or majors here, then transfer on-chain to your betting or trading venue.
Regulatory footprint: EU VASP registrations. We check proof-of-reserves publication, cold-storage policy, and 2FA enforcement as part of every exchange audit.
Current incentive: Earn Interest on Crypto Balances. Unlike sportsbook bonuses, incentives in this category rarely carry wagering requirements — they are typically fee rebates, free assets, or feature access delivered after qualifying activity.
Check the qualifying conditions (minimum deposit, trade volume, or holding period) in the promotion terms before signing up, and never let a signup reward decide a platform choice on its own — fees and safety matter far more over time.
Withdrawals at Nexo resolved in 10-30 minutes during our latest timed tests. For the cheapest, fastest transfers use TRC-20 USDT or Litecoin — network fees stay under $1 and confirmations land in minutes, versus $2-8 and longer waits on Bitcoin mainnet.
Complete any identity verification before your first withdrawal rather than during it — verification is the single biggest cause of delayed payouts across every platform we test.
At 7.6/10, Nexo is a workable option with caveats — compare the leaders in this category before committing. Its defining strength is crypto-backed loans.
