NEXO Exchange Lists Axie Infinity, Offers +36% Interest Rate

Source : coinquora.com

Other Exchanges News

  • AXS partners with the NEXO exchange.
  • NEXO offers AXS holders in the exchange to earn +36% interest rate.
  • AXS price surges to over +10% in the past 24 hours.

NEXO exchange is listing Axie Infinity (AXS) today. This partnership will enable AXS to have more liquidity while NEXO can benefit from the huge gaming community of AXS. Furthermore, the listing event of AXS in NEXO also triggers the price of the crypto to surge to over +10% in the past 24 hours.

The investors and traders can buy, sell and trade AXS in the exchange with trading pairs such as  AXS/BTC, AXS/ETH, AXS/USDT, AXS/EURx, AXS/USDx and AXS/GBPx. Indeed, NEXO provides its community with flexible options in trading AXS tokens.

In terms of profitability, the exchange features a system that enables its investors to earn up to +36% interest. The interest rate is determined by the loyalty tier ,where +36% is the maximum rate and +20% is the minimum standard rate.

On the other hand, AXS is one of the most famous crypto assets in the space today. This is because of its use case — the Axie Infinity game. Despite the bearish market, the crypto network is able to maintain its investors intact into its network. This is a sign that AXS has already established its reputation among its investors.

At the time of writing, AXS trades below $60 per crypto with a market capitalization amounting to more than $3.5 billion. This market value of the crypto makes it one of the top fifty cryptos in CoinGecko. Meanwhile, the native token of the exchange — NEXO (NEXO) trades at a decent price of $1.80 per crypto. 

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