LBank to List NEXO (NEXO) Token on April 21st

Nexo is a prominent digital assets institution, focusing on maximizing the value and utility of digital assets. It offers a wide range of products

LBank, a global cryptocurrency exchange, will list Nexo (NEXO) on April 21st.

Founded in 2018, Nexo is a prominent digital assets institution, recognized for maximizing the value and utility of digital assets. The institution serves over 1300 enterprise clients and 10 million personal clients across 200+ jurisdictions.

With a strong focus on user experience, Nexo provides a diversified range of products. These include advanced trading solutions and liquidity aggregation from top venues, aiming to empower users with the best available prices and efficient trade execution.

Moreover, Nexo offers tax-efficient asset-backed credit lines in fiat or stablecoins, using digital assets as collateral. This product supports over 60 types of cryptocurrencies.

In addition to its flagship product, Nexo also provides Earn Interest, which allows users to enjoy daily payouts and compounding interest with flexible yields.

Its trading platform, Nexo Pro, grants users access to over 400 market pairs and advanced features like Smart Order Routing for deep liquidity. Furthermore, Nexo Card, developed in partnership with Mastercard, is a crypto-backed credit card that permits clients to spend their crypto’s fiat value without selling the assets.

The NEXO Token is an ERC-20, Ethereum-based token, acting as the platform’s native currency. It is a crucial part of Nexo’s Loyalty Program, designed to reward token holders with benefits such as preferential borrowing rates, cash-back, free withdrawals, and enhanced yield rates. The token’s market presence is established through open market trading, further boosting its utility and value within the Nexo ecosystem.