Crypto Reviews

Nexo Card Review 2022

The Nexo Card is the first crypto-backed credit card that allows you to make everyday purchases on the go without having to sell
Published by
Nexo Card Review 2022

The Nexo Card is the first crypto-backed credit card that allows you to make everyday purchases on the go without having to sell your valuable crypto assets. Nexo, the platform, was created in 2018 by a team of fintech and crypto visionaries with the belief that blockchain technology will shape the future of banking.

The Nexo Card is a card that is linked to your cryptocurrency holdings and can be used to make regular purchases while earning up to 5% cashback in cryptocurrency. The card is now available in over 200 countries and territories, having been released previously only in several regions.

The card is currently available in the US, UK, and EU. It offers a withdrawal credit limit of up to $10,000 per month and comes with a number of features designed to make using it as easy and convenient as possible. For example, it allows you to earn 2% in NEXO or 0.5% in BTC on every purchase you make. The card also offers a number of other benefits, including a Credit line rating that starts from 0% APR, no monthly or annual fees, and a number of security features.

The card also has no minimum monthly repayments, meaning that you can use it as much or as little as you like. The only requirement is that you must repay the full amount borrowed within 12 months. It is also Apple & Google Pay integrated.

Nexo Wallet

The Nexo Wallet is a multi-currency wallet that allows you to store, send, and receive a wide range of digital assets. The wallet supports over 40 different assets and is available on both iOS and Android devices.

The wallet is designed to be as user-friendly as possible and offers a number of features that make it easy to use. For example, it allows you to easily track your balance and transactions, set up price alerts, and view real-time market data.

How One Can Use a Nexo Card

Nexo card allows one to keep their digital asset and also enjoy the benefits of a regular credit card. There are no fees for using the card or for withdrawing cash from ATMs.

How the Nexo Card Works

The Nexo Card is a physical Mastercard payment card that is linked to your Nexo Wallet. When you make a purchase with the card, the funds are deducted from your wallet balance. You can top up your wallet using many cryptocurrencies, including BTC, ETH,, BCH, LTC, and NEXO.

Steps For Activation of Nexo Card

The first step in the activation of the Nexo card is downloading the Nexo app, opening it, and then the Card tab.

Secondly, one should tap on the Activate Card button to issue your virtual card in seconds. 

Once the selection is made, the third step would be to provide some personal information like first and last name, date of birth, nationality, etc. The fourth step is providing the delivery address where the Nexo card will be sent. After the delivery address is provided, the fifth step is to upload a photo of a government-issued identification document.

After the steps are completed, the card will be sent to the delivery address within 7-10 business days. The card can also be activated by following the link that is sent via email or SMS. After activation, one can start using his Nexo card. You may also use your gadgets to access the user space for the card. In case of this, you will have to Add the Application to Apple Pay or Google Pay and then Select Add to Wallet and follow the on-screen instructions. You can now start spending via Apple Pay or Google Pay

Please follow the steps Get Your Card

How To Make Payment With Nexo Card

The Nexo Card is a credit card that is linked to Instant Crypto Credit Lines provided by Nexo. Purchases are deducted automatically from your Available Credit using your digital assets as collateral for the loan, which is accomplished through blockchain technology. The interest rate on your borrowings will range from 0% to 13.9%, depending on your loyalty tier, and repayments may be marketed at any time without a set number of payments.

Earn Rewards Using Nexo Card

After using the Nexo platform if you have a Nexo card you are automatically a part of the Nexo Loyalty Program. This program has different levels, each with its own set of benefits and privileges. The higher your level, the more rewards you can earn.

To get started, simply use your Nexo Card to make purchases or cash withdrawals. You will then start earning rewards points that can be used to get discounts on future transactions or to redeem for other prizes.

How To Keep Nexo Account safe?

The Nexo platform has set strict regulations in order for one to keep their crypto safe. The platform uses 2FA authentication to log in, which is an industry-leading security measure. 

Nexo also offers a comprehensive insurance policy that covers any losses incurred due to hacking or theft. For more information visit the Nexo website.

Nexo Card Review Conclusion

In conclusion, Nexo Card is one of the most popular and well-known crypto credit cards available today. In addition, Nexo does not charge any fees for using the card or for withdrawing cash from ATMs.

Nexo also offers a number of other features that make using its platform as easy and convenient as possible.

Advertisement
Share
Stan Peterson

A USA-based blockchain enthusiast deeply involved in diverse crypto projects. With a knack for insightful reviews, I navigate the dynamic crypto landscape, offering a unique perspective on ICOs, DeFi, and NFTs. Let's connect and explore the limitless possibilities of digital transformation! Reach me out @ : stonehedge.miner@gmail.com

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Crypto News

Crypto Market Bill Nears Approval as Senate Banking Chair Sets Vote For Next Month

The Crypto Market Bill may be on track to pass as the Senate sitting banking…

November 19, 2025
  • Bitcoin News

Bitcoin News: First BTC-Backed $100M Municipal Bond Launches to Tap $140T Debt Market

In a major Bitcoin news today, New Hampshire has greenlighted the first-ever BTC-backed municipal bond.…

November 19, 2025
  • Crypto News

Ripple Dev Floats Idea Of Native XRP Staking Following ETFs Launch

Ripple developer J. Ayo Akinyele has sparked a new debate on how the XRP may…

November 19, 2025
  • Crypto News

Donald Trump Says He Has His Pick to Replace Fed Chair Jerome Powell

U.S. President Donald Trump has commented on his potential pick to replace Fed Chair Jerome…

November 19, 2025
  • Crypto News

Barstool’s Dave Portnoy Buys Bitcoin, Ethereum, and XRP Following Crypto Crash

The cryptocurrency market continues to face intense selling pressure, as Bitcoin slipped below $90,000 earlier…

November 18, 2025
  • Crypto News

Breaking: Banking Regulator OCC Greenlights Banks To Hold BTC, ETH, SOL, XRP For Gas Fees

Cryptocurrencies have officially been approved by the Office of the Comptroller of the Currency (OCC)…

November 18, 2025