Phemex

M2 vs Nexo

M2 Logo

M2

M2 is a crypto exchange and crypto interest account platform. It pays interest on BTC, USDT, ETH, SOL, DOGE and other altcoins. Choose an Earn Plan You will see three earning plans: Flexible, Fixed, and Custom. Choose the plan that best ...

Nexo Logo

Nexo

Nexo is one of the most popular crypto interest account platforms, with Nexo Earn. Nexo offers a crypto credit card, competitive crypto interest rates, and does not require lock-up periods, although you can earn an additional 1% with a 1-month ter...

Platform
M2 Platform
Nexo Platform
Website
Bonus
Up to $500 USDC with $50,000 deposit in a 3, 6, or 12-month Fixed Term
Token
MMX
NEXO
Founded
2023
2017
Headquarters
UAE
London, UK
Availability
Not available in the US
Worldwide (excluding US and Canada)

Cryptocurrency Rates

BTC Rate
3.5%
4%
BTC Max
6.5%
6%
ETH Rate
3.5%
5%
ETH Max
6%
7%
LTC Rate
5%
LTC Max
7%
DOGE Rate
3.5%
1%
DOGE Max
3%
Stablecoin Rate
9%
11%
Stablecoin Max
13%
13%

Fees & Financial

Compounding
Yes
Yes
Payouts
Daily (must be redeemed)
Daily
Fees
Yes
Limited free withdrawls per month
Lockup
30-360 days
None or 1 month
Maker Fee
0.1
Taker Fee
0.1
M2 Logo

M2 Pros

    • Competitive interest rates

M2 Cons

    • Lockup required for best rates
    • Earnings must be ‘redeemed’
Nexo Logo

Nexo Pros

    • Fair rates for all coins deposited
    • Popular platform
    • 1-5 free withdrawal per month depending on loyalty tier

Nexo Cons

    • Not available in the US
    • Hard to know exactly the rate you are earning

Earn Interest on Crypto

Bitcoin logo BTC Bitcoin Ethereum logo ETH Ethereum Solana logo SOL Solana Ripple logo XRP Ripple Litecoin logo LTC Litecoin Dogecoin logo DOGE Dogecoin Circle logo USDC Circle Tether logo USDT Tether