First, you have to verify your identity which only takes a couple of minutes. Once you pass verification, then:
When buying crypto with a card the minimum transaction limit is $50 and the maximum is $5,000. You can buy up to $10,000 worth of crypto per month.
You can also top up USD, EUR or GBP from your local bank via our wire transfer option. Wires sent from the US generally take 1-2 business days to be reflected in your account. Wires sent from other countries typically take longer to process – up to 3 business days. GBP wires via Faster Payments are instant.
Once your funds arrive, simply go to the Exchange tab inside the Nexo app and swap them any cryptocurrency you want.
To earn instant cashback, make sure at least 1% of your Portfolio Balance consists of NEXO Tokens. The cashback you get depends on your Loyalty Tier – the higher your Loyalty tier is, the more cashback you’ll earn.
If you want to get the maximum cashback of 0.5%, join the Premium Loyalty tier by holding at least 10% of your Portfolio Balance in NEXO.
Let’s say you stay within Nexo’s Premium Loyalty tier and you buy $5,000 worth of BTC via the Nexo Exchange. That means you’ll get $25 worth of BTC in instant cashback:
$5,000*0.05% = $25 in BTC
To find out the exact cashback rates for each tier, visit our Help Center.
Note: The total cashback paid is limited up to $100,000 in exchange volume per month. That means you’ll be earning cashback until your total monthly amount of swaps reaches $100,000. That limit resets back to $0 on the 1st day of each month.
The security of the assets in your Nexo Account is guaranteed by our industry-renowned custodians and the leading authorities in compliance and includes:
You can learn more about our security and insurance here.
You can swap instantly between 300+ market pairs via the Nexo Exchange. Just go to the Exchange tab in your Nexo account and select the currencies and the amount you want to exchange.
There are zero price fluctuations when you place an order, compared to other providers where the price might change by up to 5%. Your balances are updated immediately, the moment your order is confirmed.