Connecting you with Nexo...

Why Nexo?

Users can use the Nexo credit card to purchase everyday items. Investments in Nexo’s native token can help investors outside the United States to rise in the tier system. Traders who are on the higher tiers of the Nexo tier system can enjoy perks like low-interest rates on loans.

Fees and Withdrawals

The commission for European Union (EU) customers who purchase cryptocurrency with a credit card is 1.49%. Non-EU customers pay 3.49%. Users can withdraw free of charge on FiatX. After opening a Nexo account, users have to perform a 2-factor verification as well. Users can contact Nexo customer support via online messaging, email, or live chat.

We recommend Nexo because...

Pros & Cons

  • Many loan options are available to customers
  • Many crypto features are available
  • A wide variety of cryptocurrencies are available
  • Great security features
  • Some programs on Nexo are region-locked
  • Navigating the Nexo platform is complex
  • Nexo platform features require the native token
  • Loan rates are high

FAQs about Nexo

What is Nexo?

Since 2018, Nexo has been renowned for its digital financial services that allow individuals to access crypto opportunities. They are one of the biggest and most trusted digital institutions that leverage their experience in FinTech and manage assets for four million users in two hundred jurisdictions.

Why should I use Nexo?

There are a lot of reasons why you should use Nexo. Some examples include:

  1. Access to their 'Buy Crypto' feature, which supports 38 in-demand cryptocurrencies such as NEXO Token and a lot more.
  2. Access to their 'Earn Crypto' feature allows you to earn up to 17% APR interest on your crypto, which gets paid out daily.
  3. Access to their 'Instant Crypto Exchange' feature, which has a selection of 300+ pairs with a fixed price for any cryptocurrency swap.
  4. Access to their 'Nexo Booster' feature allows you to borrow and exchange in one go.
  5. Access to their 'Nexo Card' gives up to 2% instant cashback.

How much does Nexo cost?

Nexo does not have prepayment, origination or instalment fees. To borrow a line of crypto credit, they provide a fixed rate which means the price provided is the only price you'll pay. You can pay your current balance ultimately or pay interest for the period you borrowed at any time.

How do I get started with Nexo?

To become a part of Nexo, you need to go on their website and click 'Create Account'. Once you get approved, you can access instant crypto credit lines and earn high-yield interest anywhere and anytime through the app.

Is Nexo safe?

Nexo is safe as they have high-quality blockchain technology in place. They are partners with well-known security providers in the blockchain platform, including BitGo, Ledger Vault and a few more. Additionally, they have insurance protections worth $375 million.

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