How much is the basic interest percentage (APY) paid on

an Euro deposit?

cryptocurrency english nexo

21 ответов

It's 4%, and it will stay the same even after the changes in July.

Skeno20371- Автор вопроса
Skeno20371
So, why it says it can go up to 12%?

Because it depends on your loyalty tier. 4% is for Base and 12% for Platinum.

Peter | Nexo | No support via DM
Because it depends on your loyalty tier. 4% is for...

He was asking specifically about EURx though. 12% is for stablecoins. EURx goes to 8% max for Platinum tiers.

Snowslide V
He was asking specifically about EURx though. 12% ...

You can earn up to 12% on EURx if you are platinum earning in NEXO with a fixed term.

Skeno20371- Автор вопроса
Snowslide V
He was asking specifically about EURx though. 12% ...

So if I convert my Euros to any stablecoin, I'll get 12% APY? And instead if I keep my amount in EURO the APY is 8%?

Skeno20371- Автор вопроса
Kristian
You can earn up to 12% on EURx if you are platinum...

Oh yeah! I forgot you can do fixed terms on FiatX!

Kristian
You can earn up to 12% on EURx if you are platinum...

Yes, that's true, but I believe he was asking for the Flex Term.

Skeno20371- Автор вопроса
Skeno20371
So if I convert my Euros to any stablecoin, I'll g...

The max APY for EURx is 12% which is the same as the max APY for stablecoins. The difference being that you can earn the maximum stablecoin rate without a fixed term. So definitely not a bad idea to use stablecoins instead.

Skeno20371- Автор вопроса
Skeno20371
So if I convert my Euros to any stablecoin, I'll g...

Yes, provided that at least 10% of your non-NEXO portfolio is in NEXO tokens (requirement for Platinum). Check their loyalty tiers here: https://support.nexo.io/hc/en-us/articles/360017445559-Nexo-Loyalty-Program-Explained

Snowslide V
Yes, provided that at least 10% of your non-NEXO p...

Also this for the new rates starting from July https://nexo.io/blog/changes-to-earn-crypto-interest-rates-balance-limits?utm_source=twitter&utm_medium=post&utm_campaign=twitter_post_earn_rate_update_blog_0906_q222

Skeno20371- Автор вопроса
Black
Can you please also send the current APY on assets...

You can check some of them here https://nexo.io/blog/a-new-yield-program-is-coming-to-our-earn-interest-suite-in-december, but I would recommend to check them through the app - "My Profile" > Loyalty Levels > (scroll down) Breakdown of savings rates

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