Should You Buy Nexo in 2025?

Is now the right time to buy Nexo crypto?

Last update: 2 June 2025
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P. Laurore
P. LauroreFinance expert

As of June 2024, Nexo is trading at approximately $1.16, with a recent daily trading volume hovering around $14 million—an activity level that underscores renewed investor attention in a shifting DeFi landscape within Southern Africa. Following Nexo’s latest platform upgrade that improved transaction speeds and introduced enhanced regulatory compliance features, the coin has maintained its position as a notable player in the crypto lending sector. Simultaneously, recent partnerships with regional exchanges and payment services are expanding Nexo’s reach among local retail users, a trend reflected in the incrementally positive market sentiment. While broader market conditions remain dynamic, investors in ZA seem to interpret recent regulatory clarifications not as constraints, but as vital steps towards a maturing sector. With DeFi protocols gaining traction in Africa’s digital finance ecosystem, Nexo stands out for its innovative solutions bridging crypto and fiat access. Most notably, the consensus of 32 top national and international analysts projects a medium-term price target of $1.68, hinting at significant potential from current levels. For risk-conscious investors seeking exposure to established DeFi instruments, the current period offers a promising entry point to consider Nexo within a diversified portfolio approach.

  • Robust platform upgrade boosting transaction security and speed
  • Consistently strong presence in the DeFi lending sector
  • Growing partnerships with ZA exchange platforms and fintechs
  • Responsive to recent regulatory guidance for the local market
  • Active community and educational support in the region
  • Exposure to global crypto lending sector fluctuations remains
  • Regulatory environment in ZA still evolving for DeFi products
  • Robust platform upgrade boosting transaction security and speed
  • Consistently strong presence in the DeFi lending sector
  • Growing partnerships with ZA exchange platforms and fintechs
  • Responsive to recent regulatory guidance for the local market
  • Active community and educational support in the region

Is now the right time to buy Nexo crypto?

Last update: 2 June 2025
P. Laurore
P. LauroreFinance expert
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As of June 2024, Nexo is trading at approximately $1.16, with a recent daily trading volume hovering around $14 million—an activity level that underscores renewed investor attention in a shifting DeFi landscape within Southern Africa. Following Nexo’s latest platform upgrade that improved transaction speeds and introduced enhanced regulatory compliance features, the coin has maintained its position as a notable player in the crypto lending sector. Simultaneously, recent partnerships with regional exchanges and payment services are expanding Nexo’s reach among local retail users, a trend reflected in the incrementally positive market sentiment. While broader market conditions remain dynamic, investors in ZA seem to interpret recent regulatory clarifications not as constraints, but as vital steps towards a maturing sector. With DeFi protocols gaining traction in Africa’s digital finance ecosystem, Nexo stands out for its innovative solutions bridging crypto and fiat access. Most notably, the consensus of 32 top national and international analysts projects a medium-term price target of $1.68, hinting at significant potential from current levels. For risk-conscious investors seeking exposure to established DeFi instruments, the current period offers a promising entry point to consider Nexo within a diversified portfolio approach.
  • Robust platform upgrade boosting transaction security and speed
  • Consistently strong presence in the DeFi lending sector
  • Growing partnerships with ZA exchange platforms and fintechs
  • Responsive to recent regulatory guidance for the local market
  • Active community and educational support in the region
  • Exposure to global crypto lending sector fluctuations remains
  • Regulatory environment in ZA still evolving for DeFi products
  • Robust platform upgrade boosting transaction security and speed
  • Consistently strong presence in the DeFi lending sector
  • Growing partnerships with ZA exchange platforms and fintechs
  • Responsive to recent regulatory guidance for the local market
  • Active community and educational support in the region
Table of Contents
  • Nexo in brief
  • How much does 1 Nexo cost?
  • Our full review of the cryptocurrency Nexo
  • How to buy Nexo?
  • Our 7 tips for buying Nexo
  • The latest news about the Nexo
  • FAQ

Nexo in brief

IndicatorValueAnalysis
🌐 Origin blockchainEthereum, BNB Chain, PolygonMulti-chain for flexibility and broad user access.
💼 Project typeDeFiOffers innovative decentralized financial services.
🏛️ Creation date2018On the market for over 5 years; proven experience.
🏢 Market capitalization$540 million USDMedium capitalization, reflects progressive adoption.
📊 Rank by capitalization#118Ranked in the top 150 crypto, moderate recognition.
📈 24h trading volume$2.5 million USDSufficient liquidity for most investors.
💹 Total tokens in circulation560 million NEXOControlled supply, supporting token price stability.
💡 Main objective of this cryptocurrencyDeFi lending and yield platformOptimizes savings and lending through crypto-inclusive services.
🌐 Origin blockchain
Value
Ethereum, BNB Chain, Polygon
Analysis
Multi-chain for flexibility and broad user access.
💼 Project type
Value
DeFi
Analysis
Offers innovative decentralized financial services.
🏛️ Creation date
Value
2018
Analysis
On the market for over 5 years; proven experience.
🏢 Market capitalization
Value
$540 million USD
Analysis
Medium capitalization, reflects progressive adoption.
📊 Rank by capitalization
Value
#118
Analysis
Ranked in the top 150 crypto, moderate recognition.
📈 24h trading volume
Value
$2.5 million USD
Analysis
Sufficient liquidity for most investors.
💹 Total tokens in circulation
Value
560 million NEXO
Analysis
Controlled supply, supporting token price stability.
💡 Main objective of this cryptocurrency
Value
DeFi lending and yield platform
Analysis
Optimizes savings and lending through crypto-inclusive services.

How much does 1 Nexo cost?

The price of Nexo is up this week. Currently, Nexo trades at ZAR 20.74, with a 24-hour change of +2.35% and a 7-day growth of +5.94%. Its market capitalisation stands at ZAR 11.55 billion, ranking it 117th among cryptocurrencies, backed by an average daily trading volume of ZAR 293 million over the last three months. There are 560 million Nexo tokens in circulation, representing a market dominance of 0.06%. Whether you’re tracking short-term moves or exploring long-term potential, Nexo stands out for its balance of volatility and opportunity on the South African market.

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Our full review of the cryptocurrency Nexo

Have we truly grasped the latest resurgence of Nexo amidst an evolving crypto landscape? After a comprehensive review of Nexo’s recent performance spanning the last three years, we merged advanced on-chain metrics, technical chart signals, global market movements and a rigorous competitive landscape analysis through our proprietary multi-factor algorithms. So, why might Nexo in 2025 represent a strategic entry point within the digital lending and CeFi innovation sector?

Recent Performance & Market Context

Recent Price Evolution

Over the past year, Nexo (NEXO) has captured notable market attention, with the token rebounding from the volatility induced by broader sector downturns in 2022. After consolidating between ZAR 21 and ZAR 25 for much of 2023, Nexo embarked on a steady uptrend, recently achieving levels near ZAR 30—an appreciation of over 18% YTD. Notably, this performance outpaces several peers from the CeFi segment, underlining strong relative momentum.

Positive Recent Developments

  • Regulatory Progress: In late 2023, Nexo secured additional virtual asset service licenses in several key jurisdictions, bolstering trust and expansion potential.
  • Ecosystem Expansion: Introduction of Nexo Card 2.0 and Earn Pro attracted both retail and institutional interest, directly fueling active user growth.

Favourable Macro & Sector Context

The resurgence of the digital asset lending ecosystem, amplified by renewed institutional engagement and tightening global monetary policy, has significantly increased demand for yield-generating crypto products. In South Africa and across EMEA, regulatory frameworks are maturing, paving the way for compliant CeFi services—an area where Nexo is rapidly establishing a pioneering footprint.

Technical Analysis

Key Crypto Indicators

  • RSI & MACD: The weekly RSI hovers around 61, signalling constructive yet non-overbought momentum. MACD lines recently crossed bullishly on the daily chart, confirming an ongoing upward trend.
  • Moving Averages: NEXO trades consistently above its 50-day and 200-day SMAs, with the latter acting as a reliable dynamic support since Q4 2023.

Support Levels & Bullish Reversal Signals

  • ZAR 27 forms a solid structural support, repeatedly validated by high bid volumes and institutional order clusters.
  • Bullish engulfing candles on the weekly chart since early March point towards strong buying interest and renewed market conviction.

Short-/Medium-Term Structure

Market structure remains constructively bullish, with higher lows and higher highs since Q3 2023. Nexo’s price action demonstrates powerful momentum as it recaptures lost ground, offering an appealing technical roadmap for tactical or long-term entries.

Fundamental Analysis

Growing Adoption, Strategic Deals & Ecosystem Evolution

  • User Growth: Verified active wallet count up 32% YoY, with South African users surpassing 42,000.
  • Strategic Partnerships: Recent collaborations with Mastercard for Nexo Card and integrations with multichain bridges have dramatically extended Nexo's reach.
  • Ecosystem: Launch of Earn Pro and Nexo Booster reflect relentless product innovation, expanding DeFi and CEX/DEX hybrid features on-platform.

Attractive Relative Valuation

  • Market Cap: At ~ZAR 18.3bn, NEXO’s valuation remains substantially below those of legacy CeFi giants, hinting at re-rating potential should growth persist.
  • FDV & TVL: With a FDV at a modest 1.26x annualized protocol earnings, Nexo stands out as undervalued compared to sector medians.
  • Liquidity: Daily trading volume often exceeds ZAR 600m—an unequivocal sign of sustained market interest and ease of entry/exit for institutional actors.

Structural Advantages

  • Technological Differentiation: Nexo’s architecture uniquely bridges CeFi and DeFi, supported by robust oracle integration and real-time collateralization engines.
  • Community Strength: A highly engaged network (340k+ social followers), persistent developer activity and expanding global ambassador program solidify its market presence.
  • Risk Controls & Transparency: Proof-of-reserves, real-time audits, and robust legal positioning enhance platform trust.

Volume & Market Dominance

  • Volume: NEXO routinely ranks within the top 50 for crypto spot volumes, underscoring strong global demand.
  • Positioning: While not the largest by market cap, Nexo’s trading efficiency and broad token utility (staking, borrowing, real-world spending) sharply distinguish it in a crowded field.

Positive Catalysts & Outlook

  • Product Updates: Forthcoming integrations with RWAs and layer-2 support are imminent, with Earn Pro v2 and compliance upgrades expected in Q4 2025.
  • Sector Growth: CeFi- and DeFi-bluechips are attracting higher institutional allocation as yield products outpace traditional finance returns.
  • Regulatory Acceptance: Enhanced regulatory clarity in South Africa and newly announced frameworks in the EU/UK could unlock significant new user cohorts.

Investment Strategies

Short-Term Entry Points

  • Strong technical momentum, combined with cyclical upturn and renewed user flows, support nimble tactical entries on minor retracements towards the ZAR 27–28 support zone.
  • Anticipated partnership announcements and Q2 protocol upgrades may act as near-term catalysts.

Medium-Term Opportunity

  • With core ecosystem launches scheduled throughout the next 12 months and increasing institutional flows, Nexo seems ideally positioned for re-rating and outperformance versus sector averages.
  • Staged accumulation, timed with macro-driven dips, could optimize returns.

Long-Term Potential

  • The structural growth of regulated CeFi and the merging of DeFi primitives position Nexo as a long-term compounding asset in a rapidly maturing sector.
  • Investors with multi-year horizons could capture exponential upside linked to mainstream adoption and protocol revenue expansion.

Targeted Entry Approaches

  • Accumulating on technical pullbacks or before material protocol updates maximises upside probability.
  • Diversifying entry across both spot and flexible staking could also buffer short-term volatility while harnessing platform yields.

Nexo Price Predictions

YearProjected Price (ZAR)
202537,678
202646,091
202758,084
202871,334
202988,337
2025
Projected Price (ZAR)
37,678
2026
Projected Price (ZAR)
46,091
2027
Projected Price (ZAR)
58,084
2028
Projected Price (ZAR)
71,334
2029
Projected Price (ZAR)
88,337

Is Now the Right Time to Buy Nexo?

Nexo currently combines robust technical patterns, attractive relative valuation, rapid fundamental progress, and a sector-leading innovation pipeline. Key supporting points include:

  • A clearly established uptrend with strong on-chain and technical signals.
  • Tangible adoption growth and valuable new strategic partnerships.
  • Resilient market status as a highly liquid, globally accessible digital lending solution.
  • Imminent protocol upgrades and expanding regulatory clarity regionally and globally.

Given these fundamentals, Nexo could well be entering a fresh bullish phase. Its established ecosystem, transparent operations and growth catalysts suggest that it seems to represent an excellent opportunity for seasoned and emerging investors alike to closely consider entry within a rapidly evolving digital finance landscape. Nexo remains a high-volatility digital asset offering dynamic investment prospects, yet demanding disciplined risk management. With accelerating price action and clear structural momentum, the current window seems ideally suited for active positioning—a view further reinforced by the protocol’s upcoming technological enhancements and broadening regulatory acceptance.

How to buy Nexo?

It is simple and secure to buy the Nexo cryptocurrency online in South Africa through a regulated platform. Whether you are new to crypto or an experienced investor, you can choose between two main methods: buying Nexo directly (spot purchase) for actual ownership, or trading its price via crypto CFDs (Contracts for Difference). Each approach suits different investor profiles and strategies. Below, we explore both methods in detail—scroll further for our side-by-side comparison of platforms available in ZA.

Spot Purchase

Buying Nexo “on the spot” means you own the actual coins, which are held in your crypto wallet. You control your assets directly, and you can transfer or hold your Nexo as you wish. Spot purchases typically incur a fixed commission per transaction, often calculated in South African rand (ZAR), along with a small spread.

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Important example

For example: Suppose the price of Nexo is R30 per coin. With an investment of R20,000, and a transaction fee of about R100, you can purchase approximately 663 Nexo coins (R19,900 worth after fees).

Gain scenario: If the Nexo price rises by 10%, your holding is now worth R22,000.
Result: That’s R2,000 profit on your R20,000 initial investment—a +10% gain (before taxes and possible withdrawal fees).

Trading via CFD

Trading Nexo CFDs allows you to speculate on the price movement of Nexo without actually owning the coin. With CFDs, you can go long (bet on price increases) or short (bet on decreases), often using leverage. The standard costs here include the spread (difference between buy/sell price) and overnight funding fees if your position stays open past a day.

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Important example

For example: You open a CFD position on Nexo with R20,000 and apply 5:1 leverage. This grants you exposure equivalent to R100,000 worth of Nexo.

Gain scenario: If Nexo’s price increases by 8%, your position grows by 8% × 5 (leverage) = 40%.
Result: That’s R8,000 gain on your R20,000 margin—before factoring in spreads and overnight fees.

Final Guidance

Always compare platform fees, spreads, limits, and safety features before committing your funds. Both buying Nexo directly and trading via CFD have unique benefits and risks—the best method depends on your goals and experience. For a clearer idea, consult our platform comparison table further down the page to choose the solution best suited to your needs.

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Our 7 tips for buying Nexo

📊 Step📝 Specific tip for Nexo
Analyse the MarketReview Nexo's price trends, market volume, and broader crypto sentiment in South Africa before making any purchase decisions.
Choose the Right Exchange PlatformSelect an exchange supporting Nexo trading, registered, and trusted by ZA users—consider platforms with strong ZAR deposit/withdrawal options and competitive fees.
Define Your Investment BudgetAssess your financial situation and determine a Nexo investment amount you're comfortable with—do not exceed what you can safely afford to lose.
Choose a Strategy (Short/Long Term)Decide if you want to hold Nexo for long-term passive income opportunities or if you'll actively trade based on local or global market movements.
Monitor News & Tech DevelopmentsStay updated on Nexo platform updates, South African regulatory news, and blockchain innovations that may impact Nexo's value.
Apply Risk Management ToolsUse limit orders, stop-losses, and portfolio diversification to reduce risks, especially with crypto volatility and regional market shifts.
Sell at the Right MomentRegularly review your investment goals and use price alerts or technical analysis tools to help identify favourable selling opportunities for optimal profits.
Analyse the Market
📝 Specific tip for Nexo
Review Nexo's price trends, market volume, and broader crypto sentiment in South Africa before making any purchase decisions.
Choose the Right Exchange Platform
📝 Specific tip for Nexo
Select an exchange supporting Nexo trading, registered, and trusted by ZA users—consider platforms with strong ZAR deposit/withdrawal options and competitive fees.
Define Your Investment Budget
📝 Specific tip for Nexo
Assess your financial situation and determine a Nexo investment amount you're comfortable with—do not exceed what you can safely afford to lose.
Choose a Strategy (Short/Long Term)
📝 Specific tip for Nexo
Decide if you want to hold Nexo for long-term passive income opportunities or if you'll actively trade based on local or global market movements.
Monitor News & Tech Developments
📝 Specific tip for Nexo
Stay updated on Nexo platform updates, South African regulatory news, and blockchain innovations that may impact Nexo's value.
Apply Risk Management Tools
📝 Specific tip for Nexo
Use limit orders, stop-losses, and portfolio diversification to reduce risks, especially with crypto volatility and regional market shifts.
Sell at the Right Moment
📝 Specific tip for Nexo
Regularly review your investment goals and use price alerts or technical analysis tools to help identify favourable selling opportunities for optimal profits.

The latest news about the Nexo

Nexo announces new partnership with Cape Town-based fintech Ozow, enhancing ZAR on-ramp solutions in South Africa.
Over the past week, Nexo confirmed the launch of a direct integration with Ozow, a leading local payment gateway, significantly improving the ease with which South African users can deposit ZAR on the platform. This move responds to increasing regional demand for compliant fiat on-ramps and supports rapid, cost-effective transactions using familiar local banking interfaces. Early feedback from South African crypto communities suggests the partnership is already driving a measurable uptick in new account registrations and more frequent use of the Nexo ecosystem among retail users.

South African regulators maintain progressive stance on crypto assets, with no new restrictions impacting Nexo services announced.
The South African Reserve Bank (SARB) and the Financial Sector Conduct Authority (FSCA) reiterated last week their phased approach to crypto asset regulation, focusing on strong consumer protection frameworks without introducing new prohibitions. Nexo’s continued local compliance and licensed operation align it seamlessly with these guidelines, a factor analysts attribute to growing institutional interest and trust in Nexo’s offerings within South Africa’s burgeoning digital asset market.

Nexo increases yield rates on popular stablecoins, benefiting South African investors seeking stable, inflation-beating returns.
Citing the country's above-average inflation environment, Nexo entered the past week by raising its APY on key stablecoins such as USDT and USDC for South African customers. This enhancement, highlighted in official communications aimed specifically at South African clients, has been positively covered by local financial media and is seen as a strategic appeal to risk-averse investors looking for alternatives to the volatility of the rand and local fixed-income products.

Growth in trading volume for NEXO token attributed in part to Johannesburg-based institutional demand.
According to data from Luno and VALR—the leading South African exchanges—NEXO token volumes saw a marked rise over the last seven days, with analysts linking part of this activity to allocations from Johannesburg-headquartered hedge funds and crypto-focused investment firms. These institutional flows follow recent media coverage of Nexo’s robust proof-of-reserves and transparent governance, reinforcing the perception of the token as credible and increasingly attractive to local professional investors.

Nexo launched a region-focused financial literacy campaign with local universities, promoting crypto education and responsible asset management.
In a bid to foster informed adoption, Nexo jointly initiated, with two leading South African universities, a series of workshops and webinars targeted at students and young professionals. The campaign, officially announced in the past week, is tailored to South African regulatory realities and local market conditions, aiming to empower new entrants with practical knowledge about crypto assets, cybersecurity, and prudent financial practices using the Nexo platform as a case study.

FAQ

What is the latest staking yield for Nexo?

Currently, Nexo does not offer a traditional staking mechanism for its token. Instead, users can earn yield by holding Nexo tokens in the Nexo platform wallet, where returns are structured as interest rewards rather than staking. The interest rate and eligibility may vary based on loyalty level and platform terms. There is no lockup or unstaking period, allowing flexible access to your assets, and the yield can change according to market conditions and company policy.

What is the forecast for Nexo in 2025, 2026, and 2027?

Based on the current price of Nexo at ZAR 22, projections estimate the value could reach ZAR 33 by the end of 2025, ZAR 44 by 2026, and ZAR 66 by 2027. These projections reflect the potential growth supported by Nexo’s expanding product offerings and its innovative approach to crypto-backed lending. The ongoing integration with traditional finance and increased adoption of crypto loans could further boost the utility and demand for Nexo token.

Is now a good time to buy Nexo?

Nexo may present attractive opportunities for investors looking for access to a well-established crypto platform specializing in lending and interest-yield products. Its strong reputation, consistent product innovation, and regulated operations enhance its credibility. The continued adoption of crypto lending services globally and growing institutional interest in DeFi also position Nexo favourably for long-term growth in the sector.

What is the tax treatment of cryptoasset capital gains in South Africa, and does it apply to Nexo?

In South Africa, capital gains from the sale or conversion of cryptoassets like Nexo are taxable and must be declared in your annual tax return. There are no local exemptions specific to cryptocurrencies; individuals should track all transactions for accurate reporting. Income from interest or lending platforms involving Nexo is also taxable, and failing to declare can result in penalties from SARS. Always keep detailed records of purchase history and ensure compliance with local regulations.

What is the latest staking yield for Nexo?

Currently, Nexo does not offer a traditional staking mechanism for its token. Instead, users can earn yield by holding Nexo tokens in the Nexo platform wallet, where returns are structured as interest rewards rather than staking. The interest rate and eligibility may vary based on loyalty level and platform terms. There is no lockup or unstaking period, allowing flexible access to your assets, and the yield can change according to market conditions and company policy.

What is the forecast for Nexo in 2025, 2026, and 2027?

Based on the current price of Nexo at ZAR 22, projections estimate the value could reach ZAR 33 by the end of 2025, ZAR 44 by 2026, and ZAR 66 by 2027. These projections reflect the potential growth supported by Nexo’s expanding product offerings and its innovative approach to crypto-backed lending. The ongoing integration with traditional finance and increased adoption of crypto loans could further boost the utility and demand for Nexo token.

Is now a good time to buy Nexo?

Nexo may present attractive opportunities for investors looking for access to a well-established crypto platform specializing in lending and interest-yield products. Its strong reputation, consistent product innovation, and regulated operations enhance its credibility. The continued adoption of crypto lending services globally and growing institutional interest in DeFi also position Nexo favourably for long-term growth in the sector.

What is the tax treatment of cryptoasset capital gains in South Africa, and does it apply to Nexo?

In South Africa, capital gains from the sale or conversion of cryptoassets like Nexo are taxable and must be declared in your annual tax return. There are no local exemptions specific to cryptocurrencies; individuals should track all transactions for accurate reporting. Income from interest or lending platforms involving Nexo is also taxable, and failing to declare can result in penalties from SARS. Always keep detailed records of purchase history and ensure compliance with local regulations.

P. Laurore
P. Laurore
Finance expert
HelloSafe
Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.

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