LONDON–(COMMERCIAL WIRE)–nexusthe leading regulated institution in digital assets, today launched nexus pro, the first global trading platform to offer retail clients access to institutional-grade aggregated liquidity, with no minimum funding requirements and at almost zero cost. Nexo Pro offers its clients advanced spot, margin and futures trading functionality with almost zero slippage. The product has been launched to Nexo’s five million customers with a discount of up to 50% on standard rates. In the coming months, new trading incentives will provide additional benefits for current and potential NEXO token holders.
Nexo Pro is a game changer for the individual trader, introducing sophisticated tools, such as advanced TWAP (time-weighted average price) orders used by large institutions, into the non-technical user’s daily trading stack. In another industry first, Nexo Pro combines its own order book with those of leading trading centers and market makers to give users access to the vast market, both in a single user interface and via API.
- Efficient access to aggregate cash and futures liquidity of the 10+ largest cryptocurrency trading venues, using a single account. Almost zero slip of executions of operations, both in the purchase and in the sale.
- Integration with all existing Nexo services (Earn, Spend, Borrow). Seamless transition from earning cryptocurrency to trading it, and vice versa, with free and instant asset transfers.
- Limit and market orders as well as Take Profit and Stop Loss functionalities, with tracking, OCO and smart orders and many more to be added soon.
- Long and short margin trading* with up to 5x leverage on more than 90 market pairs.
- Out-of-the-box strategies as built-in TWAPS base orders and operations for improved alpha generation.
- perpetual futures contracts settled in USDT with the ability to go long and short (including leverage) to place directional plays or hedge individual positions or entire portfolios.
- api gateways for advanced users: an additional interface to access deep liquidity.
- Bookings audited in real timetop tier platform securityand $775 million in custodial insurance through partnerships with industry-leading custodians.
Nexo Pro is available globally in a single intuitive interface and through REST and WebSocket APIs. Initially accessible on desktop, Nexo Pro will soon launch on mobile devices with a private beta version of the Nexo Pro app.
“Nexo Pro is the result of a long exploration in the world of retail and institutional commerce. We test and prove its underlying features: best prices across 420 liquidity pools, tightest bid/ask spread, near-zero slippage, automated TWAP, and basic trading, as part of our main institutional brokerage platform Nexo Prime. We are now passing this most advanced retail performance to our more than 5 million customers at almost zero cost and are poised to revolutionize retailing globally,” said Yasen Yankov, Vice President of Product Development at Nexo.
“Nexo Pro is a gateway to professional trading for retail clients. We are the first platform to offer institutional grade liquidity aggregation with so many venues as pure play exchanges generally prefer to settle exclusively within their own order books. As a cryptocurrency lender, Nexo is able to draw liquidity from 3,000 order books and guarantee our clients the best possible price for their spot, margin or futures trades, so they don’t have to find it themselves. We hope that Nexo Pro will quickly become the first choice for those who strive to outperform the average operator and do it in the most secure way,” said Kosta Kantchev, Co-Founder and CEO of Nexo.
With the launch of this advanced trading platform, Nexo, which now has more than five million users, marks another milestone in cementing its position as the only 360-degree crypto super app with wallet, loan, custody and trading capabilities. professional, among others. other verticals on your roadmap.
In the coming weeks, Nexo will introduce additional token utilities that will give NEXO token holders the ability to lower trading fees and pay those who use $NEXO. By leveraging its existing benefits (lower lending rates, higher savings yields, free withdrawals), the NEXO token will combine the utilities of trading and lending tokens into a single asset, creating extraordinary value for holders. This update will start a new chapter in the token’s evolution and lay the groundwork for the next edition of Nexonomics, the company’s program aimed at driving the value and utility of its native token.
So far in 2022, Nexo has launched the nexus cardthe first crypto-backed card of its kind in camaraderie with Mastercard and DiPocket; deployed its institutional-grade trading and custody platform first nexus; invested in over 50 early stage web3 companies through nexus companies. Looking ahead, Nexo will continue to expand its product line into new markets and uncharted decentralized crypto territories.
Nexo is the world’s leading regulated digital asset institution. The company’s mission is to maximize the value and utility of cryptocurrencies by offering an advanced exchange service with over 400 market pairs, tax-efficient Instant Crypto Credit Lines™, a high-yield suite for earning crypto interest and capabilities. sophisticated trading and OTC services, while providing Nexo Wallet’s top-tier escrow insurance and military-grade security. Nexo has processed more than $100 billion for more than 5,000,000 users in more than 200 jurisdictions. Visit nexus.io Learn more.
*Margin and futures are subject to certain geographic limitations and eligibility criteria.
Risk Disclosure and Important Information: The information provided in this release should not be considered investment or financial advice. Cryptocurrency trading combined with high market volatility can expose you to risk.