NEXO is the native utility token of Nexo, one of the largest centralized crypto wealth platforms, founded in 2018. Nexo offers savings, crypto-backed credit lines, trading and a crypto card, and the share of NEXO a user holds sets their loyalty tier and the terms they get.

So, what can you actually do with NEXO in 2026? Quite a bit.

At Polkastarter, NEXO holders can buy physical collectibles, such as rare trading cards, sealed products, and video games. New users can get a free mystery pack when they sign up.

One of the most useful options is travel. CoinBooking lets you book flights and hotels at prices up to 30% below Booking.com. New users can also get $25 off their first booking.

Key Takeaways

• Rare trading cards, graded collectibles and sealed games are among the physical items you can get through Polkastarter. New users can claim a free mystery pack.
• NEXO can make travel more affordable. CoinBooking accepts the token for flights and hotels in 190+ countries, with prices up to 30% lower than Booking.com.
• Holding at least 10% of a Nexo portfolio in NEXO unlocks the Platinum loyalty tier, which carries the platform's best terms, including up to 15% annual interest on savings and credit lines from 1.9%.
• NEXO holders can also use Coinsbee to purchase gift cards and mobile top-ups from 5,000+ brands in 185+ countries.

1. Buy Physical Collectibles With NEXO on Polkastarter

NEXO holders can also put their crypto toward real-world collectibles on Polkastarter. The marketplace lists authenticated trading cards, physical video games, and other premium items, with ownership recorded on-chain.

Items stay in secure custody while buyers trade ownership digitally, so you can trade without having the physical item shipped. If you'd like the item yourself, you can request shipping or sell it back through the platform.

NEXO isn't currently accepted as a direct payment method, so holders need to swap it for a supported cryptocurrency before funding their Polkastarter balance. Once funded, they can explore Lootboxes and other listings, with the contents, values, and odds shown before purchase.

New users can also get a free mystery pack when signing up. Browse Polkastarter's collectibles marketplace to see what's available.

2. Book Discounted Hotels and Flights With NEXO on CoinBooking

Your NEXO can do more than sit in your wallet. CoinBooking lets you book hotels and flights for up to 30% less than Booking.com, and it accepts NEXO alongside 200+ other cryptocurrencies. CoinBooking is a Dubai-licensed crypto travel platform that gives you access to more than 2 million hotels and flights in 190+ countries.

The platform supports NEXO along with over 200 cryptocurrencies, covering hotel and flight bookings in 190+ countries. This lets you apply your crypto holdings directly toward a trip while saving on total booking costs.

For frequent travelers, those savings can add up quickly. First-time users can also get $25 off their first booking.

3. Use NEXO Across the Nexo Ecosystem

NEXO holders can put the token to work directly within the Nexo platform. The amount of NEXO held against the rest of a portfolio sets the loyalty tier, with Silver, Gold and Platinum requiring at least 1%, 5% and 10% of the portfolio in NEXO.

The Loyalty program lists up to 15% annual interest on savings, credit lines from 1.9% annual interest, up to 2% crypto cashback on purchases and free crypto withdrawals on more than 15 networks. NEXO itself also earns daily interest, and 1 NEXO counts as 1 vote on platform decisions.

US clients use a separate structure called the Wealth Club, with tiers based on the share of NEXO and the size of the portfolio. Nexo announced its return to the US on April 28, 2025, and completed the formal relaunch in Miami on February 16, 2026, with digital asset trading infrastructure provided by Bakkt.

The supply is fixed at 1 billion NEXO, all of it already in circulation. Nexo completed a $100 million open-market buyback in May 2022 and allocated a further $50 million that August, placing repurchased tokens in its Investor Protection Reserve.

4. Spend NEXO With a Crypto Card

You can also use NEXO for everyday spending via crypto payment cards. Depending on the provider, you can use a card to pay online, shop wherever Visa and Mastercard are accepted, or make mobile payments with Apple Pay and Google Pay.

For example, RedotPay serves users across Europe, Asia, Latin America, and the Middle East, although it is not available to US residents. KAST provides both virtual and physical cards for Solana users, while Ether.fi supports self-custody and offers cashback on eligible purchases.

To get started, pick a provider available in your country, fund the account with NEXO, and order your card. Check each provider's fees, features, and availability before signing up.

5. Buy Gift Cards and Everyday Products With NEXO on Coinsbee

Coinsbee offers NEXO users another way to spend their tokens on everyday purchases. The platform accepts more than 200 cryptocurrencies and offers gift cards, prepaid products and mobile top-ups from over 5,000 brands in 185+ countries.

The catalogue covers a range of categories, including shopping, entertainment, gaming, travel, and other common expenses. To buy, choose a brand and amount, pay with NEXO, and get the digital code directly by email.

Browse Coinsbee's full catalogue to see the options available in your country.

6. Access Early-Stage Token Sales Through CoinTerminal

NEXO holders can also use their crypto to join early-stage token sales through CoinTerminal, an open-access launchpad for investing in crypto startups before they are listed on exchanges. There are no staking requirements, and contributions start from $100.

Since NEXO isn't accepted directly, you'll need to swap it for USDT first. Once the USDT arrives in your wallet, you can use it to join an eligible sale. CoinTerminal also allows participants to request a refund during the applicable refund period.

Visit CoinTerminal to see which token sales are currently open.

Frequently Asked Questions

1. What is Nexo (NEXO) used for?

NEXO is the utility token of the Nexo platform. The share of NEXO in a user's portfolio sets their loyalty tier, which improves savings rates, credit line costs, cashback and free withdrawals. Holders also get voting rights, with 1 NEXO equal to 1 vote, and the token can be spent on travel, gift cards and more.

2. Can I book hotels and flights with NEXO?

Yes. CoinBooking supports NEXO alongside 200+ other cryptocurrencies for discounted hotel and flight bookings across 190+ countries, at prices up to 30% below Booking.com. New users can claim $25 off their first booking.

3. Is Nexo allowed in the US?

Yes. Nexo announced its return to the US on April 28, 2025, and formally relaunched there on February 16, 2026, working with regulated partners and with Bakkt providing digital asset trading infrastructure. US clients have a separate loyalty structure, the Wealth Club, based on the share of NEXO in their portfolio.

4. Is Nexo real or fake?

Nexo is a real company. It was established in 2018 after a $52.5 million private token sale and offers savings, crypto-backed credit lines, trading and a crypto card. In 2023 it paid a $45 million fine in the US over its lending product, and it relaunched in the country in February 2026.

5. Who is Nexo owned by?

Nexo is a privately held company. It was co-founded in 2018 by Kosta Kantchev, its Executive Chairman, together with Antoni Trenchev and Kalin Metodiev, its Managing Partners. The NEXO token has a fixed supply of 1 billion and gives holders loyalty benefits and voting rights on the platform.