Nexo, the premier exchange and digital asset institution, has announced that the Fantom mainnet token FTM is now supported. Nexo is one of the industry’s most advanced crypto banking and financial services companies. Fantom owners may now join the three million-plus Nexo users who benefit from the platform’s security and functionality. Despite a significant drop in crypto as a whole, Fantom has increased by 60% in the last month. Read this Fantom price prediction to know more about the future of Fantom and why it’s likely to continue to rise.
- Enabling rapid token exchanges using a credit or debit card on-ramp.
- FTM maintained in safe, maintenance-free Nexo accounts may earn up to 18% APR.
- Fantom owners may get hassle-free, 0% APR loans with no credit check.
- 24/7 customer support
Nexo has passed tough own-capital standards to achieve status as a regulated financial services provider across various countries, in addition to working with industry giants BitGo, Ledger, and Fidelity Digital Assets for guaranteed custody services. Nexo passed the first real-time audit in the loan business in 2021, according to US accounting company Armanino.
Nexo now provides Nexo Prime, a best-in-class crypto prime brokerage for institutional and corporate clients who now have access to Fantom, in addition to the retail sector. Nexo Prime offers customised financing, trading and derivatives, custody through Fantom partner Fireblocks, and other services.
With Fantom overtaking Binance Smart Chain in total value locked, we are happy to offer our users access to unrivaled financial services for FTM. This integration is just the latest in a series of rapid-fire listings which have turned the Nexo platform into one of the most efficient gateways to the DeFi ecosystem.
– Elitsa Taskova, Product Owner at Nexo.
Nexo is the leading regulated digital asset institution in the world. The Nexo Wallet’s mission is to maximize the value and utility of cryptocurrencies by providing tax-efficient Instant Crypto Credit Lines, a high-yield Earn Crypto Interest suite, an instant Exchange service, and sophisticated trading and OTC capabilities, all while maintaining the Nexo Wallet’s top-tier custodial insurance and military-grade security. Nexo has handled over $75 billion for over 3 million consumers in over 200 countries.