Frequently Asked Questions (FAQs)

What are the fees for buying on Nexo Wallet?

In order to calculate fees, we use the pricing tiers you are in at the time an order is placed, not the one you will be in after a trade has been completed. As a taker, you will pay a fee between 0.03% and 0.20% when an order is placed at the market price and filled immediately.

Can you buy and sell Crypto on Nexo?

Among its many features, the Nexo Exchange makes it easy to buy, sell, and convert your cryptocurrency and FiatX right within the Nexo Wallet App or Nexo platform itself.

Can I bank transfer to Nexo?

You will be required to verify your identity and email address when you create an account on an exchange. Your phone and photo ID should be ready at all times. Depositing GBP is as easy as clicking a button, using the payment method that works best for you - cryptocurrency, bank, and card payments are commonly accepted. In order to exchange your funds for NEXO.

Can I withdraw cash from my Nexo wallet?

Any asset in your Nexo account can be withdrawn at any time. The only exceptions are any assets you are using as collateral for loans, limited assets, fixed terms, or assets that are below the supported withdrawal threshold.

Is it safe to keep money in Nexo?

In general, Nexo is a secure platform for storing your crypto. There are no traditional banking systems backing Nexo, but the platform offers account security measures,