How to Earn NEXO (NEXO): A Step-by-Step Guide for South Africans

Introduction

Lending NEXO can be an excellent choice for those looking to hold NEXO while earning a return. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for South African Investors

1. Acquire NEXO (NEXO) Tokens
To lend NEXO, you first need to possess it. To acquire NEXO, you'll need to buy it. You can select from these well-known exchanges.
Platform Mint Cost
Nexo NEXO (NEXO) 0,91
Binance NEXO (NEXO) 0,91
Azbit NEXO (NEXO) 0,91
Bitfinex NEXO (NEXO) 0,92
Bitget NEXO (NEXO) 0,91
Bitmart NEXO (NEXO) 0,91
View all 32 prices
2. Select a NEXO Lender
Once you have NEXO, you'll need to select a NEXO lending platform to lend your tokens. You can explore some options here.
Platform Mint APY
Nexo NEXO (NEXO) Up to 12% APY
3. Earn NEXO
Once you've selected a platform to earn your NEXO, transfer your NEXO into your wallet on the earning platform. Once it's deposited, it will start earning APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest in South Africa
Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more interest you can earn. Try to ensure your earning platform pays compounding interest to maximise your returns.

Platform	Mint	Cost
Nexo	NEXO (NEXO)	0,91
Binance	NEXO (NEXO)	0,91
Azbit	NEXO (NEXO)	0,91
Bitfinex	NEXO (NEXO)	0,92
Bitget	NEXO (NEXO)	0,91
Bitmart	NEXO (NEXO)	0,91

Platform	Mint	APY
Nexo	NEXO (NEXO)	Up to 12% APY

What to Keep in Mind

Lending your crypto can be risky. Ensure you conduct thorough research before depositing your crypto. Don't lend more than you're prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.