Get up to 500 USDC with Nexo when you create a fixed term investment before December 31st.

How To Get Up To $500 USDC With Nexo. Ends December 31st! (2023)

I’ve been using Nexo (along with Plutus) as my crypto wallet and go-to app since the moment that Crypto.com turned crap, recently after they announced they were ending the reimbursement of Spotify, Netflix and adding nasty fees. We have covered Nexo as an alternative many times on the blog, including their Wallet, Pro Exchange, and ongoing promotions.

For new members, Nexo is running a new welcome bonus. The terms are simple: just deposit funds and create a Fixed-term investment for 3, 6, or 12 months, in any kind of asset. Depending on how much you deposit, you can get $30, $150, or even $500 USDC.

Note that, unlike other campaigns or platforms, you will get the rewards by January 15th, 2024. You won’t need to wait until the fixed term is over.

  
Get up to 500 USDC with Nexo when you create a fixed term investment before December 31st.

How To Get Up To $500 USDC With Nexo

  1. Register. Sign up for a Nexo account here.
  2. Fund Your Account. Fund your account via crypto purchase, top-up from an external wallet, or bank transfer.
  3. Create a Fixed-term investment. Create a Fixed Term before Dec 31 and receive the corresponding reward while earning interest.

What rewards can you get?

Get a crypto reward based on the amount you move in a Fixed Term.

  • Get $30 USDC by putting at least $500 in a 3, 6, or 12-month Fixed Term (in any asset).
  • Get $150 USDC by putting at least $5,000 in a 3, 6, or 12-month Fixed Term.
  • Get $500 USDC by putting at least $50,000 in a 3, 6, or 12-month Fixed Term.
Get up to 500 USDC in Rewards with Nexo Fixed term

Frequently Asked Questions (FAQ)

What is a Fixed Term, and how to create one in Nexo?

A Fixed Term is a specified duration, either 1, 3, 6, or 12 months, where you commit your funds to earn our top rates. During this period, you can’t withdraw the funds, use them as collateral for a loan, or exchange them. Once the chosen term concludes, you will receive your interest in your Savings Wallet, along with the funds you’ve committed.

То create a Fixed Term, follow these steps:

  1. Оpen the Nexo app or web platform.
  2. Navigate to the Savings Hub on the dashboard. 
  3. Tap Create Fixed Term and choose your desired asset. 
  4. Tap on Period and select the 3, 6, or 12-month Fixed Term option. 
  5. Choose the number of tokens you want to move into the term, tap on Preview Term, and confirm it. 

Note that Fixed Terms with duration less than 3 months will not be factored into the total amount and, consequently, will not contribute to your eligibility for rewards.

How can you add assets to your Nexo account?

You can add assets in different ways:

  • Buy digital assets directly with your credit, debit card, Apple Pay, or Google Pay.
  • Transfer EUR, GBP, or USD from your bank account. SEPA Instant and FPS transfers are processed instantly.
  • Top up digital assets from an external wallet by using your Nexo deposit address.

Do you have to add the entire amount for the Fixed Term to my account at once?

No, you can spread out the required amount over multiple purchases or top-ups. For example, you can add $300 with а card and $200 via bank transfer.

Can you create multiple Fixed Terms to be eligible for a reward?

You have the flexibility to create multiple Fixed Terms with varying amounts and durations, and your eligibility for rewards will be determined by the total sum of all Fixed Term amounts with a duration above 3 months. 

For example, if you create 2 separate Fixed Terms, such as $4,000 in USDT for 3 months, and $1,000 in NEXO Tokens for 12 months, you will be eligible for the 150 USDC reward. 

What if the value of your crypto goes below the required amount once I move it in a term?

As long as the amount you move in a Fixed Term meets or exceeds the required term amount at the time you initiate the action, you’ll be eligible for the reward. The same is true in the case where multiple Fixed Terms are created.

When and how will the rewards be distributed?

The rewards will be distributed to all eligible users by January 15, 2024.

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