Summary

Nexo is a digital asset platform that allows users to buy, sell, exchange, and earn interest on over 100 cryptocurrencies. It also offers crypto-backed credit lines, a debit card for spending, and solutions for both individual and business clients to manage their digital wealth.

Features
8/15
See all

Must Have

2 of 5

Borderless Debit Card

Fast Transfer Execution

Mid-Market Exchange Rate Transfers

Transparent Low Fees

Multi-Currency Account

Other

6 of 10

API Integration

Business Account Features

Mobile App

Regulatory Compliance

Multi-User Access

Customer Support

Batch Payments

Real-Time Rate Alerts

Invoice Creation

Spending Analytics

Pricing
Freemium
See all

Base

$0.00 per use
  • No NEXO Tokens needed
  • Interest on your outstanding Credit Line balance is 18.9%

Silver

$0.00 per use
  • The ratio of the NEXO Tokens in your account against the rest of your portfolio must be at least 1%
  • Interest on your outstanding Credit Line balance is 17.9%

Gold

$0.00 per use
  • The ratio of the NEXO Tokens in your account against the rest of your portfolio must be at least 5%
  • Interest on your outstanding Credit Line balance is 13.9% if your LTV is above 20% and 5.9% if your LTV is below or equal to 20%

Platinum

$0.00 per use
  • The ratio of the NEXO Tokens in your account against the rest of your portfolio must be at least 10%
  • Interest on your outstanding Credit Line balance is 10.9% if your LTV is above 20% and 2.9% if your LTV is below or equal to 20%
Rationale

Nexo offers a platform for managing digital assets, including buying, selling, exchanging, and earning interest on cryptocurrencies. While it provides a debit card for spending and supports various currencies (crypto and fiat for transfers), it does not explicitly state that it offers mid-market exchange rates for fiat currency transfers or transparent low fees in the same way Wise does for international money transfers. Its primary focus is on crypto wealth management, lending, and exchange, rather than traditional cross-border fiat payments at mid-market rates. However, it does offer a debit card, fast transfers (for crypto and stablecoins), API integration for businesses, business accounts, a mobile app, regulatory compliance, multi-user access, and customer support.