Nexo is a leading digital assets institution that provides a range of products and services for crypto users, such as lending, borrowing, earning interest, and buying crypto in seconds. Nexo also has its own native token,
Nexo Visa card
One of the most attractive features of Nexo is its Visa card, which allows users to spend their crypto assets anywhere Visa is accepted. The Nexo card is linked to the user’s Nexo account, where they can store over 60 supported cryptocurrencies, such as Bitcoin, Ethereum, BNB Coin, and other altcoins. Users can also deposit fiat currencies, such as USD, EUR, GBP, and AUD, and stablecoins, including the top three by market capitalization: USDT, USDC, and DAI. It’s currently available for residents of the European Economic Area (EEA) and the UK.
The Nexo card also offers some benefits for users, such as:
Exclusive festive season offering
To celebrate the festive season, Nexo is offering an exclusive offer for its card users: Tripled cashback on Credit mode, and the Cashback option for the Debit Mode. This means that Nexo users will be able to take advantage of the card’s features this festive season. Nexo has also revised their monthly cashback reward limits by tier that’s determined by the amount of NEXO tokens you hold in your account:
- Platinum Tier: a $100 monthly cashback limit.
- Gold Tier; a $75 monthly cashback limit.
- Silver Tier: a $50 monthly cashback limit.
- Base Tier: a $25 monthly cashback limit.
Why Nexo might be a good alternative to Binance Card in EEA
If you are a Binance card user in the European Economic Area (EEA), you might be looking for an alternative, as Binance has announced that it will remove the card option for certain geos on December 20, 2023. Nexo might be a good option for you, as it offers a similar service.