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Bitfinex vs Nexo

VS

General

Platform
Bitfinex logo
Nexo logo
Founded
Bitfinex 2012
Nexo 2017
Headquarters
Bitfinex Taiwan
Nexo Switzerland
Availability
Bitfinex Worldwide, excluding US
Nexo Worldwide

Fees & Financial

Bonus
Bitfinex 6% discount on fees
Nexo Up to $500 USDC with $50,000 deposit in a 3, 6, or 12-month Fixed Term
Token
Bitfinex
Nexo NEXO
Compounding
Bitfinex No
Nexo Yes
Payouts
Bitfinex Weekly
Nexo Daily
Fees
Bitfinex Yes
Nexo Limited free withdrawls per month
Lockup
Bitfinex
Nexo None or 1 month
Maker Fee
Bitfinex 0.1
Nexo
Taker Fee
Bitfinex 0.2
Nexo

Cryptocurrency Rates

BTC Rate
Bitfinex 1.98%
Nexo 4%
BTC Max
Bitfinex
Nexo 5.5%
ETH Rate
Bitfinex 1.45%
Nexo 5%
ETH Max
Bitfinex
Nexo 6.5%
Stablecoin Rate
Bitfinex
Nexo 8%

Pros

  • Long running exchange

Cons

  • Rates variable upon market

Pros

  • Good rates for all coins deposited
  • Popular platform
  • 1-5 free withdrawal per month depending on loyalty tier

Cons

  • $5,000 minimum deposit
  • Best rates require earning in NEXO token