Home Latest Cryptocurrency News Nexo is up 14% on news of a Binance listing: here’s where to buy Nexo

Nexo is up 14% on news of a Binance listing: here’s where to buy Nexo

By Daniela Kirova - min read
29 April 2022

Binance will list NEXO today at 10:00 UTC, which is when trading will open for NEXO/BTC, NEXO/BUSD, and NEXO/USDT pairs.

The live Nexo price today is $2.45 with a 24-hour trading volume of $51.3 million. If you want to know what Nexo is, can it give you good returns, and the top 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, you may wish to buy some NEXO tokens before the listing goes live.

Coingate

CoinGate is a Lithuanian-based fintech company founded in 2014. The payment gateway offers cryptocurrency payment processing services for businesses of any sizes. Permission-based account management, fiat payouts to the bank account and brand new email billing feature are just a few reasons why CoinGate has become a go-to payment processor for many.

Buy NEXO with Coingate today

Nexo

Since 2018 Nexo has strived to bring professional financial services to the world of digital assets. Leveraging the best of the team's years of experience in FinTech along with the power of blockchain technology, Nexo empowers millions of people to harness the value behind their crypto assets, shaping a new, better financial system.

Buy NEXO with Nexo today

What is Nexo?

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 a fiat currency or stablecoin.

When Nexo’s native token is locked in the platform, it grants users benefits such as discounts on interest accumulated on loans and the opportunity to receive interest payments on funds deposited. Token holders also receive dividends from Nexo’s profits.

Nexo is the first-ever provider of instant cryptocurrency-backed loans according to its whitepaper and it intends to solve 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 lucrative 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 prediction

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