Software Alternatives, Accelerators & Startups

MyConstant VS Nexo

Compare MyConstant VS Nexo and see what are their differences

MyConstant logo MyConstant

Borrow against cryptos on MyConstant. Free withdraws, fully collateralized loans, and up to 80+ coins to borrow and trade at your fingertips.

Nexo logo Nexo

Banking on Crypto — Borrow. Earn. Pay. Invest.
  • MyConstant Landing page
    Landing page //
    2023-06-22

P2P lending enables you to borrow against 80+ cryptocurrencies from just 6% APR. Your crypto is securely stored and returned to you when you repay.

MyConstant is designed to be accessible to investors and borrowers from all backgrounds. It offers a variety of products and services which supports people to achieve their financial goals.

Features include:

  1. Crypto lend: Lend selected cryptocurrencies and earn up to 15% APY.
  2. Crypto-Backed Loans: Users can use their crypto as collateral to borrow USD or another crypto for as low as 0% APR.
  3. Fixed-term investments: Users can lend USD and earn up to 7% APR.
  4. Crypto Swap: A quick and easy way to exchange your crypto.
  5. MCT Staking: Holders can stake MCT for up to 18% APR for fixed terms of up to six months.
  6. Futures: Offers a way to make profit (or a loss) by predicting the crypto market.
  7. Short-Selling: Allows users to make a potential profit when their selected crypto price falls.
  8. Debit card: A virtual card that allows MyConstant account holders to spend directly from the platform. (For US-based customers only)

As a reward for its customers, MyConstant has set up a membership program that incentivizes users to use its platform. In essence, the more MCT the user has, the greater the rewards.

They include:

  1. Crypto Lend: Earn up to 15% APY.
  2. Crypto-backed loans: Pay from just 3.6% APR.
  3. Crypto Swap: Discount 90% on swapping fees.
  4. Referral program: Earn up to $20 and up to 20% of referee’s interest.
  • Nexo Landing page
    Landing page //
    2023-10-18

MyConstant features and specs

  • Combine 80+ cryptocurrencies as collateral: Yes
  • Lowest interest rates: Yes
  • Auto top-up: Yes
  • Withdraw in crypto: Yes
  • Recall excess mid-term: Yes
  • No early repayment fees: Yes
  • Lend USDT/ USDC: Yes
  • Swap cryptos instantly: Yes
  • No credit checks: Yes
  • Institutional loans : Yes
  • Derivatives: Yes
  • Margin calls: Yes

Nexo features and specs

No features have been listed yet.

MyConstant videos

Fully Secured Peer To Peer Lending - How It Works

More videos:

  • Review - Best Place To Stake USDC 12.5% APY! - MyConstant
  • Tutorial - Make PASSIVE INCOME with MyConstant!
  • Tutorial - Why you should borrow against $ASTR on MyConstant
  • Review - MyConstant P2P Lending Platform Review
  • Review - MyConstant Earn $100 per day | $60k Commission + $100 per Day Flex Account
  • Review - MyConstant Review | Earn 4% APY And Test The $4000 Bonus Trial Today With This Free Account

Nexo videos

Nexo Review: Complete Guide to Crypto Loans

More videos:

  • Review - NEXO REVIEW | Earn Interest by Staking Your Crypto | Cryptocurrency Loans
  • Review - NEXO Review 2019: Still Worth it? Beginners Guide

Category Popularity

0-100% (relative to MyConstant and Nexo)
Fintech
100 100%
0% 0
Cryptocurrencies
4 4%
96% 96
Crypto
0 0%
100% 100
Business Lending
100 100%
0% 0

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare MyConstant and Nexo

MyConstant Reviews

  1. Secure lending platform

    I know this page since 2019 and put my partial saving to earn passive income

    🏁 Competitors: Nexo
    👍 Pros:    Fast support|Safe & secure platform|High performance
    👎 Cons:    Not much delay

Nexo Reviews

We have no reviews of Nexo yet.
Be the first one to post

Social recommendations and mentions

Based on our record, Nexo seems to be more popular. It has been mentiond 213 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

MyConstant mentions (0)

We have not tracked any mentions of MyConstant yet. Tracking of MyConstant recommendations started around Jun 2022.

Nexo mentions (213)

  • Nexo - $25 reward (~£20)
    NEXO (nonref) is an European crypto platform that among the various features, pays interest on user deposits. Meaning, when you deposit and hold a balance at Nexo, you get paid a interest on it. The interest rate changes depending on the coins you hold - for GBPX it's about 8%. They support all the major coins and beyond. Source: 10 months ago
  • Extract EOS Ledger
    Hello, please feel free to contact our Support team via the Live chat option on https://nexo.com or submit a support ticket from here: https://support.nexo.com/s/contact. Source: 11 months ago
  • Nexo - $25 + $25 for every friend
    ![img](zwz82ft0op9b1 " https://nexo.com/ Requirements: Verify ID, deposit $102 of any asset you want and hold it for 30 days and get $25 in Bitcoin + $25 in Bitcoin for every friend that does the same. I did & recommend depositing USDT from Binance using Polygon (Matic) network and withdrawing it later likewise. Nexo covers all the fees itself if you use Polygon (Matic) network for USDT transactions. "). Source: 11 months ago
  • [OFFER] Nexo for $37.50 - $25 from them + $12.50 from me [WORLDWIDE]
    Check the terms here and for more information on the company check their homepage here. Source: 11 months ago
  • Nexo – free $25 (approx £20) Bitcoin when you invest $100 (approx £80) in crypto
    NEXO (nonref) is an European crypto platform that among the various features, pays interest on user deposits. Meaning, when you deposit and hold a balance at Nexo, you get paid a interest on it. The interest rate changes depending on the coins you hold - for GBPX it's about 8%. They support all the major coins and beyond. Source: 11 months ago
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What are some alternatives?

When comparing MyConstant and Nexo, you can also consider the following products

BlockFi - Earn 6% compounding interest on BTC and ETH

celsius.network - Celsius Network lets you earn interest on your crypto and instantly borrow against it. No fees ever

Binance - Cryptocurrencies exchange platform

Crypto.com - Buy, earn, and spend cryptocurrencies anywhere 💳

Coinbase - Bitcoin, safe and easy.

Coinbase Custody - The most secure crypto storage solution available