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Competitors

12
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Airwallex
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Wise Platform
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Amnis
play.google.com favicon
Wise2
apps.apple.com favicon
Wise: International Transfers
veem.com favicon
Veem
aspireapp.com favicon
Aspire
airwallex.com favicon
Airwallex Business Account
nomadgate.com favicon
Wise Business
valyuz.com favicon
Valyuz
equalsmoney.com favicon
Equals Money
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nexo.io favicon

Nexo

nexo.io
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.

Feature Matches
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.

Nexo
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best alternatives to competitor product 2024
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Best alternatives to [Product] in 2024?

Reddit·tech_enthusiast·2d ago·+142

I've been using Alternative A for 6 months now and it's been fantastic. The pricing is much better and the features are actually more robust than what [Product] offers.

Show HN: We built a better [Product]

Hacker News·startup_founder·5d ago·+89
After struggling with [Product]'s limitations, we decided to build our own solution.

It handles edge cases much better and the API is actually documented properly.

Check it out at our site.

[Product] vs Competitor B - which one should I choose?

Reddit·confused_buyer·Nov 30·+67

Honestly, after trying both, Competitor B wins hands down. Better customer support, cleaner interface, and they don't nickel and dime you for every feature.

Why we migrated away from [Product]

Hacker News·cto_mike·Nov 27·+234
The breaking point was when they changed their API without notice. We lost 3 days of productivity. Solution C has been rock solid for us since we switched.
Links
Home Page
Buy assets
ExchangeSwap over 100 digital assets with just a tap.
Credit LineBorrow funds without selling your digital assets.
Nexo CardSpend while earning interest and receiving cashback.
Payment GatewayAllow your clients to pay with crypto.