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US$25 (Was US$10) in Bitcoin for Referrer & Referee Each (with US$100+ Deposit for 30 Days and Advanced Verification) @ Nexo

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US$25 (Was US$10) in Bitcoin for Referrer & Referee Each (with US$100+ Deposit for 30 Days and Advanced Verification) @ Nexo
Go to Deal
cute as duck on 03/02/2022 - 00:57 support.nexo.io (124 clicks)
Last edited 03/02/2022 - 09:58 by 1 other user

Used to be US$10, now permanently US$25.

1) Use referee link randomised below this post when signing up
2) Completed advanced verification (took a few minutes)
3) Transfer (top up) at least US$100 of any crypto asset and hold for 30 days minimum
4) After 30 days both referee and referer will unlock US$25 worth of Bitcoin

Assets supported:

BTC, ETH, NEXO, USDT, USDC, USDX, DAI, USDP, TUSD, EURX, GDPXDOT, AVAX, FTM, AXS, MATIC, BNB, ADA, SOL, XRP, LUNA, LTC, LINK, BCH, TRX, XLM, EOS, PAXG, UNI, DOGE

About NEXO

Earn up to 18% on Crypto depending on your tier
Make your idle digital assets work for you with Nexo. Start earning up to 18% APR, paid out daily.

I have had my BTC fixed for 30 days up to US$50K worth earning 5% BTC compounded daily for more than a year and paid out after 30 days. There is one free withdrawal per month. The highest APR are dependant on the amount of NEXO tokens you have and when you choose to be rewarded in NEXO. I don't have any and choose to earn in BTC. If you don't want to lock up for 30 days then the base BTC APR rate is 4%.

The rest of my BTC is on Celsius (6.20% up to 0.25 BTC) and Ledn (6.25% up to 0.50 BTC) earning interest. As always, spread the risk using multiple well-known CeFi providers.

The ability to purchase assets within the app and website does not work for Australians, so you will need to transfer in the assets from your cold wallet or exchange.

Referral Links

Referral: random (44)

Referrer and referee each get US$25 worth of Bitcoin when referee deposits US$100 and holds for 30 days.

Financial Cryptocurrency Cryptocurrency Wallet

Related Stores

Nexo
Nexo

Comments

  • furic7 on 03/02/2022 - 01:24

    Any exchange with cheap withdraw fee recommended? I’m currently using IndependentReserve but I think their BTC withdraw fee is not very cheap.

    • cute as duck on 03/02/2022 - 08:32
      +1

      I use Kraken. BTC withdrawal fees are only 0.00002 (about AU$1). They also have PayID now. For trades, use Kraken Pro app to reduce fees.

      One day we will have Strike hopefully.

      • furic7 on 04/02/2022 - 09:46
        +1

        This is helpful thanks.

  • Korban Dallas on 03/02/2022 - 01:32

    Just got the email. Was gonna post 😀

  • Sarinella on 03/02/2022 - 03:03
    +3

    Be careful with them. They didn’t pay my referral and when I followed ip, they said that my wallet balance should have stayed min $100 after 30 days. I had not withdrawn anything from my wallet but the value of my crypto asset had been reduced during the 30 days period due to market volatility!!! Never experienced such a thing with other exchanges.

    • blighst on 03/02/2022 - 07:46

      So if I was to deposit say 150 and hope that btc doesn't crash 30% I should be OK?

      • sc00terMcTav on 03/02/2022 - 07:55

        Yeah, I would say so.
        I transferred well over $100 and got my sign up bonus just fine.
        Their interest rates are pretty good on some things so I transferred a bunch over to it with the intention of leaving it there.
        30 days later or whatever got my bonus.
        Milage may vary I guess.

      • ilovefullprice on 03/02/2022 - 09:35
        +1

        To avoid the issue with crypto volatility, best to transfer in stablecoins (like USDT, USDC, USDP, TUSD, DAI).

  • Diji1 on 03/02/2022 - 07:17

    earning 5% BTC compounded daily

    Nothing wrong there, you're sure to not lose your money.

    • rektrading on 03/02/2022 - 07:54
      +3

      1 #bitcoin = 1#bitcoin + 5% APY stacked daily.

  • ilovefullprice on 03/02/2022 - 09:32
    +5

    Hey guys, during the last round, many of you missed the referral bonus because the value of the crypto you transferred in dipped below US$100 within the 30 days period. So to avoid the issue with crypto volatility, best to transfer in stablecoins (like USDT, USDC, USDP, TUSD, DAI).

    According to this comment chain, you can use FTX (use the App, not the Exchange website) to bank transfer in AUD fiat, purchase stablecoin with your AUD fiat and then transfer out the stablecoin with no gas/network fees.

    • ilovefullprice on 03/02/2022 - 18:03
      -1

      Apart from the method above using stablecoins, you can also purchase the 3 fiat currencies Nexo supports (USD, EUR, GBP) via bank transfer on the Nexo app.

  • Revrnd on 03/02/2022 - 19:53

    I'm confused, which is it?, 'cause I think I'm reading it wrong.

    $25 USD to each with $100 USD deposit and HODL for 30 days or $50 USD on $100 USD deposit and HODL??

    I'm assuming the referral $50 implies that that's $50 shared between both referee and referrer (and not $50 each), hence the $25 USD deal.

    Perhaps it should read "share" instead of "get"

    • ilovefullprice on 03/02/2022 - 20:50

      It’s $25 USD to you and $25 USD to referrer.

      • Revrnd on 04/02/2022 - 00:30

        Realise that now, just noticed that wording has changed to clearly articulate the amount each person gets.
        25% rewards after 30 days is still pretty good though.

  • Korban Dallas on 03/02/2022 - 21:32

    Deceptive referral system. Sneaky af.

    Plenty of Reddit posts about this.

    Wonder what else they are doing.

    • ilovefullprice on 03/02/2022 - 23:15
      +1

      Nothing sneaky when they have mentioned in their terms:

      Important: The portfolio of everyone you refer has to remain above $100 throughout the whole 30-day period for the bonus to be awarded.

      • Korban Dallas on 03/02/2022 - 23:40

        Doesn't say it in app though unless I am missing something?

        I don't see a link to the full T&Cs in there either.

        https://ibb.co/d2gCT7H
        https://ibb.co/nfWJn6w

        Could word it better too.

        Need to go to the website to find that clause.

        Referral link OzB generator description is off too.

        If you told your friends exactly what to do on step 3 you are totally going to shoot yourself in the foot.

        • ilovefullprice on 04/02/2022 - 11:05

          Yes, it’s not on the app but it’s in the referrer’s referral link though under point 4 in “How to Claim Your Reward”.

          The full T&Cs are also in the referrer’s referral link.

          Yes, agree could be worded better.

          OzB generator description is worded by the OzB mods.

          Tell your friends about point 4 in your referral link.

  • jimwh on 18/03/2022 - 15:24
    +1

    does it stack with their top up with $1000 get $100 BTC?

    • wangasm on 22/03/2022 - 13:57
      +1

      I doubt it, looks like the welcome bonus also acts as a referral. There's no option to input an additional referral code.

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