Nexo (NEXO) traded up 0.1% against the dollar during the 24-hour period ending at 8:00 AM Eastern on August 8th. Nexo has a market cap of $724.21 million and $3.90 million worth of Nexo was traded on exchanges in the last day. Nexo Token TradingAccording to CryptoCompare, “NEXO token is a utility token for the NEXO exchange. NEXO Token holders receive up to 12% interest per annum, paid out daily, on the NEXO Tokens held in both the Savings and Credit Line wallets of their Nexo accounts. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Nexo using one of the aforementioned exchanges.