Nexo vs Xapo Bank
How Nexo vs Xapo Bank compare on our ratings, earn platform specs, funding, pros and cons.
| Feature | ||
|---|---|---|
| Ratings | ||
| Our score | 3.2/5 | 4.3/5 |
| User rating | No reviews yet | No reviews yet |
| Rates | 3.5 | 4.0 |
| Security | 3.0 | 4.5 |
| Transparency | 2.5 | 4.5 |
| Flexibility | 3.5 | 4.0 |
| Support | 4.0 | 4.5 |
| Specs | ||
| KYC required | Yes | Yes |
| Products | Savings / earn, Fixed-term deposits, Crypto-backed loans | Savings / earn, Crypto-backed loans |
| Highest advertised APY | 15% | 4.6% |
| Max loan-to-value | Not disclosed | 40% |
| Loan APR from | 2.9% | Not disclosed |
| Supported assets | 100 | Not disclosed |
| Available in | Global | United Kingdom, Global |
| Proof of reserves | No | Not disclosed |
| Insurance | Not disclosed | Gibraltar Deposit Guarantee Scheme covers USD deposits up to £120,000 equivalent; Lloyd's of London covers BTC custody |
| Licenses & registrations | Not disclosed | Gibraltar banking licence (GFSC) |
| Flexible (withdraw any time) | Yes | Yes |
| Fixed terms | Yes | Not disclosed |
| Auto-compounding | Yes | Yes |
| Company | ||
| Founded | 2018 | 2013 |
| Headquarters | Switzerland | Gibraltar |
| Investors | Not disclosed | Not disclosed |
| Strengths and weaknesses | ||
| Pros |
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| Cons |
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| Best for | Crypto savers with $5,000-plus, Borrowers using crypto collateral, Multi-chain asset holders | High-net-worth Bitcoin holders, Savers accumulating Bitcoin yield from cash, Borrowers seeking non-taxable liquidity |
Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.