Nexo

Nexo is a digital asset platform that combines wallet-style account management, trading, savings, credit, and card products in one ecosystem. Founded in 2018, it is best known for offering a more managed crypto experience than a pure self-custody wallet. Users can buy, sell, swap, borrow against supported assets, and use advanced trading tools without splitting activity across several separate apps. For readers comparing wallet models, it also helps to see where Nexo fits within the wider crypto wallets market.

The platform’s main appeal is convenience. Nexo brings together interest-bearing account features, exchange tools, crypto-backed borrowing, and card functionality in a single account flow. That makes it most relevant for people who want easier account recovery and integrated finance features rather than managing a seed phrase on their own. If you want the wallet side specifically, see our Nexo Wallet review.

Nexo’s product suite includes savings products, instant exchange tools, credit lines, the Nexo Card, and Nexo Pro for more advanced trading. The trade-off is that rates, supported assets, and some features can vary by jurisdiction, while the core account model still carries the usual custodial risk because you do not control the keys directly in the same way you would with a self-custody wallet. It therefore makes sense to compare Nexo with other custodial wallet options if your priority is convenience rather than full onchain control.