Blockfi vs Nexo comparison

Blockfi

Nexo

Review Scores

Overall Score
Global Access
Interest Rates
Easy of use
Trust
Fees & Rates
Support

Feature Overviews

Features BlockFi Nexo
APY Rates 4.1% - 8.6% 8%
Interest Earning Assets BTC, ETH, GUSD USD, EUR, GBP, USDT, TUSD, USDC, DAI
Rate Variability Low Variable Low Variable
Earn Interest on Stablecoin, Crypto Fiat, Stablecoin
Deposit Amounts $1 - $1,000,000 $1 - $2,000,000
Payout Frequency Weekly Daily
Lockup Terms No Lockup No Lockup
Compound Interest
Network Token Nexo
Token Benefits No Token Nexo tokens do not have any benefits for the Interest Account rates offered.
Platform Type
Support Forks
Deposit Insurance
Insurance Provider Gemini Trust Lloyd’s of London
Custodian Provider Gemini Custody BitGo
Credit Check
KYC Check
KYC Provider Onfido Onfido
Platform Fees No Fees No Fees
Supported Regions All Countries All Countries
Excluded Regions Sanctioned Countries Sanctioned Countries

Interest Products

Features BlockFi Nexo
BitcoinBTC 6.20%
EthereumETH 4.10%
Gemini DollarGUSD 8.60%
US DollarsUSD 8%
EuroEUR 8%
Pound sterlingGBP 8%
TetherUSDT 8%
TrueUSDTUSD 8%
USD CoinUSDC 8%
DAIDAI 8%

Company Facts

Features BlockFi Nexo
Legal Name BlockFi Inc. Credissimo AD-Sofia
Incorporated Country United States Malta
Headquarters New York, NY United States Sofiya, Bulgaria
Year Founded 2017 2007
CEO Zac Prince Sokol Iankov
Total Employees 100 101-250
Regulators U.S State Lending Regulators Unclear Regulation
Links Website, Crunchbase, Whitepaper, Twitter, Blog, LinkedIn Website, Crunchbase, Whitepaper, Source code, Twitter, Blog, LinkedIn