Liquidity Staking Alternative | Nexo Pays Daily 17% Yield on Polkadot (DOT)

1 min read

If your eyes are still not convinced, we have it down here too: This month Nexo is offering up to 17% yield on DOT.

With parachains coming, and Polkadot on a roll, we decided to celebrate by creating this promo specially for you. If you are considering buying DOT, this could be the perfect time to get some. Read on to find out how you can take advantage of this limited offer:

The special promotion is an instant, high-yield alternative to liquidity staking, giving you daily payouts of up to 17% on DOT. The only thing you need to do is hold Polkadot in your Nexo account. The offer is valid through November 30, 2021, so you’ll earn more yield the earlier you add your DOT to Nexo.

We’ve integrated our Polka-promo into your Nexo account so you can earn interest on the DOT, use it as collateral on our Instant Crypto Credit LinesTM, and even trade it for other assets on the Nexo exchange without ever leaving your Nexo account.

Interest Rates per Loyalty Tier

As with all Nexo’s Earn Crypto Interest services, you get great base rates, but you can also boost your earnings by holding NEXO Tokens and choosing to receive your rewards in NEXO. To ensure your earning is optimized, check out this breakdown of our yields on Polkadot for each Loyalty tier and manage your DOT and NEXO in the most efficient way for you:

Platinum: Маximum rate – 17%. Standard rate – 14%.

Gold: Маximum rate – 16%. Standard rate – 13%.

Silver: Маximum rate – 15.25%. Standard rate – 12.25%.

Base: Маximum rate – 15%. Standard rate – 12%.

Note that all maximum rates are formed by combining the standard interest with an extra 1% from Fixed Terms and another 2% from opting to Earn in NEXO.

The Quickest Way to Get DOT

If you’re eager to get in on our limited offer, the fastest way to add Polkadot to your account is by buying straight from the Nexo Exchange. Here’s how:

  1. Log in to your Nexo account and go to the Exchange tab.
  2. Select your payment method: buy instantly with a credit/debit card or swap crypto and stablecoins already in your account.
  3. Select DOT as the currency you’d like to receive and confirm your order.

The Perks of Earning with Nexo

  • Flexible Earnings: Withdraw your DOT anytime with FLEX or boost your yield via Fixed Terms.
  • Daily Payouts: Grow your DOT portfolio with compounding interest, paid out daily.
  • Zero Fees: No hidden fees or commissions & up to 5 free crypto withdrawals per month.
  • Top-Tier Insurance: Enjoy up to $375M guaranteed insurance on your DOT.

The blockchain space is expanding at lightspeed and Nexo is no exception. We are proud to be able to offer you such high yields on Polkadot and look forward to seeing you leverage the full power behind our offering.

Via this site


Chris Munch

Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.

Stay on top of Crypto Trends

Subcribe to our newsletter to get the latest crypto news in your inbox