Nexo rises 14% on news of a Binance listing: where to buy Nexo

Binance will list NEXO today at 10:00 UTC, which is when trading will open for the NEXO/BTC, NEXO/BUSD, and NEXO/USDT pairs. The Nexo live price today is $2.45 with a 24-hour trading volume of $51.3 million. If you want to know what Nexo is, if it can give you good returns, and the best places to buy Nexo, you’ve come to the right place.

Top places to buy Nexo now

If you want to get ahead of the game, buy some NEXO tokens before the listing goes live. As NEXO is such a new asset, it has not yet been listed on major stock exchanges. You can still buy NEXO using a DEX (decentralized exchange), which just means there are a few extra steps. To buy NEXO now, follow these steps:

1. Buy ETH on a regulated exchange or broker such as eToro ›

We suggest eToro because it is one of the world’s leading multi-asset trading platforms, an all-in-one exchange and wallet with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other service out there.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You will need to create your wallet, get your address and send your coins there.

3. Connect your wallet to Uniswap DEX

Head over to Uniswap, and ‘connect’ your wallet to it.

4. You can now exchange your ETH for NEXO.

Now that you are connected, you can exchange hundreds of coins, including NEXO.

What is Nexus?

Nexo is a blockchain-based lending platform that offers users instant cryptocurrency-backed loans. Users deposit an accepted token as collateral to receive a loan in the form of fiat currency or stablecoin. When Nexo’s native token is locked on the platform, it grants users benefits such as discounts on interest accrued on loans and the opportunity to receive interest payments on deposited funds. Token holders also receive dividends from Nexo profits. Nexo is the first cryptocurrency-backed instant loan provider according to its whitepaper and aims to address inefficiencies in the lending market. Its automated lending process uses smart contracts and an oracle on the Ethereum blockchain to manage loans.

Should I buy Nexo today?

Nexo can be a profitable investment, but take the time to read at least several price predictions from leading analysts and do market research before making a commitment. Take all investment advice with a grain of salt.

Nexo price forecast

Wallet Investor expects a long-term increase, predicting Nexo will be worth $7.4 in April 2027. With a 5-year investment, revenue is expected to be around +203%. A $100 investment could reach $303 in 2027.

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