How To Earn Ripple on Nexo?

Nexo is a cryptocurrency interest account and lending platform that offers between 6% and 12% APY for a variety of digital assets, including BTC, ETH, LTC, BCH, EOS, XLM, TRX, and XRP.

Nexo is a unique cryptocurrency interest account offering because it offers daily payouts, as well as upwards of 12% for popular fiat currencies like USD, EUR, and GBP for international users.

Current and aspiring XRP holders are among those to benefit the most from the latest upgrades to our Earn on Crypto suite. The XRP community has shown great support for Nexo over the years and we are thrilled to give back by offering an industry-best 8% yield on this popular coin.

Is Nexo Safe?

Nexo faces a multitude of risks unique to cryptocurrency-based projects.

For starters,

  1. Interest loss in lending in case of a bear market.
  2. Problems and limitations with withdrawals (Nexo has custody of your funds)
  3. Inherent risk with stablecoins and the potential loss of their dollar peg, for whatever reason.
  4. Hacks or otherwise dishonest activity.

However, these are simply blankly stated risks that every cryptocurrency interest account must contend with.

Nexo Pros And Cons


  1. Crypto and fiat-backed loans and interest payments
  2. High-interest rates and low loan rates
  3. Daily interest payments
  4. Earn NEXO tokens


  1. Restrictions on using the native tokens for US citizens and residents
  2. Native tokens required for maximum interest rates
  3. Limited free crypto withdrawals

Registering For Nexo

How To Get Started With Nexo?

  1. Choose Your Platform – The exchange is available for desktop traders through its website You can also download the mobile app for Android (APK) or iPhone (iOS) via the relevant app store. Both the desktop and mobile versions are clear, modern and easy to use.
  2. Register – To begin the registration process, click “Create Account” in the upper right-hand corner.
  3. Verify – Before you get started, you will need to verify yourself. The exchange’s basic verification only requires your name, address and phone number. If you wish to increase your limits, you will need advanced verification using your ID card. Advanced verification can be found under the “My Profile” section of the platform.

Nexo’s 8% yield is higher than any other crypto lender’s maximum rates, which currently range from 3% to 5.7%. To do the math for you, by holding your XRP with us, you get 40-166% more interest that goes straight into your wallet on a daily basis.

You don’t yet hold XRP? Here are a few reasons why you should consider diversifying your investment portfolio with XRP, a scalable, easy-to-buy, and transfer coin.

8% on XRP & Much More

The industry-leading XRP rates come with all the benefits that you have come to expect of Nexo’s services, including:

A unique daily payout of all interest earned.
No minimum or maximum limits on funds deposited, offering infinite opportunities to earn.
Full flexibility with no lock-in periods, so you can withdraw your funds anytime.

All funds are asset-backed by Nexo’s portfolio of 200–500% overcollateralized crypto credit lines.
Top-tier insurance on all custodial assets with SOC 2 Type 2-certified crypto custodian BitGo.

How to Get an 8% Yield?

Here is a breakdown of the three different rates you can get with Earn on XRP, how to get them, and how they measure up to what the rest of the industry has to offer.

  1. The Nexo Standard: 5% Interest on XRP
    Simply transfer XRP into your Nexo account and automatically start earning our base rate of 5% APY, paid out daily and in kind. You couldn’t earn less with Nexo, even if you tried.

Our standard rate itself is already higher than 80% of other lenders’ maximum yields!

  1. The NEXO Token Bonus: 6% Interest on XRP
    If 10% of the value of your Nexo Wallet comprises NEXO Tokens, you receive a bonus 1% interest, boosting your yield to 6% APY, paid out daily and in kind.*

With this option, you are already earning more interest than anywhere else in the industry, but there’s more.

This bonus will become part of the Nexo Loyalty program’s Platinum tier as of December 9, 2020. The 10% token holding requirement for this tier will remain the same.

  1. Earn in NEXO: 8% Interest on XRP
    To get the best industry rates by far, opt to receive your daily payout in NEXO Tokens and get a 2% higher yield on your XRP. You will then receive a total of 8% interest, paid out daily in NEXO Tokens.

Interest Rates with True Flare

As a part of Nexo’s commitment to pushing the blockchain space forward, we aim to facilitate the use of as wide a range of assets as possible. With this motivation, Nexo will be supporting the upcoming Flare Networks Spark airdrop. As the Flare Network expands Nexo will work towards integrating it onto our platform while continuing our support for the existing XRP Ledger protocol and XRP.

Has Ripple (XRP) Been Delisted From Nexo?

There have been rumors that XRP would be delisted from Nexo. However, at the time of writing XRP is still listed for purchase, sale, borrowing, and lending.

Does Nexo Charge Withdrawal Fees?

You can withdraw fiat from Nexo at any time with zero fees. Base tier customers have one free crypto withdrawal per month. Platinum users have five free crypto withdrawals per month. Any further crypto withdrawals may incur fees.

Can I Get Interested On Fiat With Nexo?

Yes, Nexo is one of the few crypto-lending companies that allows users to earn interest in fiat currencies. Accepted currencies are USD, GBP, and EUR, and interest on fiats range from 4% to 12% depending on your account type and deposit terms.

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