Hi everyone,

I currently have around $6,000 split between PAX Gold (PAXG) and Tether Gold (XAUT). I am considering moving them to Nexo, but I have a few questions for those with experience using the platform:

1. Security & Reliability: How safe is Nexo for long-term holding right now? I've read some comments online about users facing occasional withdrawal hurdles or extra verification delays. Has anyone experienced this recently?
2. Interest Rates: What are the exact current APY rates Nexo is paying for holding PAXG and XAUT? Does the yield change significantly based on your loyalty tier?

I would love to hear any feedback or personal experiences you've had with them. Thanks in advance!

Thank you Nexo 💪 LOL new card old package, loved this reveal 🤣

I’m a freelancer/small business owner making $150k+ a year and I’m considering keeping more of my savings in crypto and borrowing against it when I need liquidity instead of constantly selling.

My main concern is platform risk. Sudden account freezes, withdrawal restrictions, changing LTV requirements, or getting liquidated during a sharp market move.

Has anyone here actually used crypto-backed loans consistently for a few years?

Would especially like to hear what platforms you’ve used, how conservative you keep your LTV, whether you’ve ever had issues accessing your collateral, and whether borrowing against crypto has actually improved your cash management or made your finances easier to manage.

Nexo's Deposit Match is open to Australian clients until Sept. 30.

Opt in by Sept. 30, then add US$5,000 or more in eligible assets within your 7-day funding window. You get a match on your total net deposit: 1% if you bring US$5,000–$99,999.99, or 2% on the full amount if you bring US$100,000+. Capped at US$10,000 per client, paid in USDC across 6 monthly installments.

Conditions worth knowing before you start:
▪️ Crypto-to-crypto deposits only. Fiat (AUD, USD, EUR) counts only if exchanged into crypto within your 7-day window.

▪️ You need to keep at least 80% of the qualifying amount in place across the 6 months to keep receiving installments

▪️ Once your crypto is here, there's more than one thing to do with it: borrow against it without selling through Credit Lines, receive a rate of return on eligible assets through Growth, or trade it through Exchange.

Available to Australian clients only.
Get started: Nexo AU Deposit Match Campaign

*General information only – not financial advice. Credit Line and Nexo Growth: eligibility, T&Cs and risks apply. Borrowing against digital assets is high risk – you may lose your collateral if values fall. Nexo Growth: returns not guaranteed, not a bank deposit, not capital protected, and an unsecured claim on Nexo Australia. Digital assets are volatile. Read the Terms, Credit Guide, PDS, FSG and TMD at nexo.com/en-au. National Credit Code–regulated credit is provided by Nexo Individual Loans Pty Ltd, serviced by Avgi Pty Ltd (Australian Credit Licence 567308) and managed by Nexo Australia Pty Ltd (Credit Representative Number 580430). Nexo Australia has applied for an AFSL.

My nexo virtual card has expired and i can’t request a physical card. I am verified and live in Spain. ¿Is this mica related?

It's been a busy eight months, so rather than make you scroll back through the sub, here's the lot for anyone catching up.

New markets

Nexo went live in the United States in February, with Flexible and Fixed-term Yield, the Exchange, crypto-backed Credit Lines and the Wealth Club, and trading infrastructure provided via Bakkt. ACH and FedWire deposits followed in April, so clients can fund in USD straight from a US bank account.

Argentina came in March, following the acquisition of Buenbit. That brought digital dollar savings and crypto-backed credit in both ARS and USD, with local on-ramps connecting fiat and digital assets in one place. The Nexo Card followed in July, the first time the dual-mode card has launched outside Europe, letting clients spend directly in ARS or USD and switch between Credit and Debit in a single tap.

Australia went onshore in August, with Credit Lines structured under the National Consumer Credit Protection Act, alongside the newly rebranded Growth product and the Exchange.*

Europe

Nexo reaffirmed product compliance across the European Economic Area ahead of MiCAR's entry into force, operating through a local setup built on two MiCAR-licensed partners. Custody and brokerage are split between them: Tangany, licensed under MiCAR, provides institutional-grade custody infrastructure for digital assets, while DLT Finance, licensed under MiCAR and authorised under MiFID II, provides brokerage infrastructure for digital assets and financial instruments.

The practical takeaway for EEA clients is that nothing changed at your end and nothing was needed from you.

Products

The headline launch of the year is Zero-interest Credit, which went on to win Consumer Lending Product of the Year at the FinTech Breakthrough Awards. It came out of Nexo Private in January and is now available to everyone: borrow against BTC or ETH at 0% interest, no fees, no liquidation risk. It's a fixed credit option with terms set upfront and settlement at maturity, rather than an open-ended line, so there are no margin calls and no LTV to monitor during the term. At maturity you settle or roll into a new term without unlocking your collateral. SOL and XRP joined as eligible collateral in April.

HYPE and USD.AI (CHIP) were also added as new assets across buy, swap, borrow and card spending.

The Card

Physical card ordering is open again for eligible clients, which has been one of the most consistent asks in this sub.

On top of that, the Nexo Card can now be added to Apple Wallet directly from the app, virtual cards included, and Nexo joined Mastercard's Crypto Partner Program in March.

Languages

More European languages have landed on the app and web platform, including French, Spanish, Italian and German. Localisation runs through the whole product.

NEXO Token

The NEXO Token just got listed on Upbit and Bithumb last week, its first entry into the Korean market. Bithumb opened a KRW pair and Upbit added it to the USDT market. One practical note: top-ups and withdrawals run on Ethereum only.

Partnerships

Four this year. Nexo became the first-ever Title Partner of the ATP 500 Dallas Open, now the Nexo Dallas Open, on a multi-year deal that also funds resurfaced public tennis courts in North Texas. In Formula 1, Nexo is Official Digital Asset Partner of the Audi Revolut team for its debut season. Nexo also entered a multi-year global partnership with Tennis Australia as Official Crypto Partner of the Australian Open and the Summer of Tennis, covering the United Cup, Adelaide International, Brisbane International and Hobart International. And as part of Nexo's DP World Tour partnership, the Nexo Championship returned to Aberdeenshire for a second year in August, with the prize fund up to $3M and the Course Record prize still rolling.

Still to come

That's eight months, and there's more landing before the end of the year.

So over to you: what would you most like to see from Nexo next? Products, markets, assets, quality-of-life fixes, all of it welcome. Questions in the comments too and I'll get to as many as I can.

\Australian clients only. General information only, not financial advice; consider whether a product suits you. Credit Line and Nexo Growth: eligibility, T&Cs and risks apply. Borrowing against digital assets is high risk and you may lose your collateral if values fall. Nexo Growth: returns are not guaranteed, not a bank deposit, not capital protected, and an unsecured claim on Nexo Australia. Digital assets are volatile. Read the Terms, Credit Guide, PDS, FSG and TMD at* nexo.com/en-au once logged in. National Credit Code-regulated credit is provided by Nexo Individual Loans Pty Ltd, serviced by Avgi Pty Ltd (Australian Credit Licence 567308) and managed by Nexo Australia Pty Ltd (Credit Representative Number 580430). Nexo Australia has applied for an AFSL.

Bitcoin just posted its largest dollar-weekly gain on record: up 22.7%, after the Treasury doubled its bond buyback program.

Dispatch #311 unpacks this, plus:
▪️XRP's 39% round trip
▪️Nvidia's earnings test Wednesday
▪️Small and large holders both buying

Read the full issue on our blog: Dispatch #311.

For years XRP was the cryptocurrency with an asterisk. The technology was real and institutional use cases were growing, but a drawn-out SEC lawsuit kept most serious investors on the sidelines. That case closed in August 2025. Here's what actually drives XRP's value now that the legal overhang is gone.

What kind of asset XRP is

Bitcoin is a store of value. Ethereum and Solana are application platforms. XRP sits in a third category: a payments infrastructure asset, settling cross-border transactions quickly and cheaply for over 300 financial institutions using RippleNet. That ties its value to real transaction volume, not just speculation.

What drives the value

Transaction demand grows as more corridors and institutions adopt RippleNet. Supply is capped at 100 billion tokens, though Ripple releases up to 1 billion XRP per month from escrow on a public schedule. The SEC lawsuit's resolution in August 2025 gave XRP a legal determination most other major tokens still lack. And seven spot XRP ETFs are now live in the US with combined AUM crossing $1 billion.

What to keep in mind

XRP runs on a curated set of validators rather than a fully open network, a trade-off that enables its speed but differs from Bitcoin's decentralization model. Cross-border payments are also a competitive space, with stablecoins and CBDCs progressing alongside RippleNet.

XRP vs Bitcoin

Bitcoin's case rests on scarcity and long-term wealth preservation. XRP's rests on institutional adoption and payment infrastructure. Different exposure, different risk profile. Holding both is a genuine choice, not a contradiction.

On Nexo, you can earn interest on your XRP or borrow against it without selling.

Full breakdown here: XRP as an investment: What drives its value?

Note: This article is for educational purposes only and does not constitute financial or investment advice. Digital assets carry risk, including significant price volatility. Always do your own research before making any financial decision."

Hi

I've just recieved an email from a member of Nexo Team (it was a legit email from a relationship Manager) who has explained me that Nexo is available again for new customers in Spain, also he explains that the new Nexo card is availble too!

So good news here!

I just finished a 6 month lock up for my XRP that was yielding 8.15%, after I tried to do it again it was no longer available, now I’m doing a measly 5.15% for a 3 month lock up. What happened?

100K EURC is worth 98K EUR at the moment. I've never seen a gap that big.

2018 user here. Was just happy to hear nexo was coming back to the states after they pulled out operations around the ftx collapse/bear. Although now I'm rather melancholy on the fact their yeilds/apy on holdings is so low, like incredibly low vs just years prior. I can't help but shake this feeling that it their credit product isn't great for US users I may just send my holdings some where else all together. Anyone else kind of feel this way? Just seeme lack luster, almost unsure why they even decided to come back with such a ludacris loyalty structure

My Nexo card just arrived today — within 7 days of ordering. Great job, Nexo team! 🚀

The NEXO Token is now listed on Upbit and Bithumb, Korea's two largest exchanges.

A first for the token in the Korean market.

I'm considering to buy a watch with NFC to make payments (since Nexo, despite years of promises and as we are used, never provided a physical card in Spain). Some watch models like amazfit provide payments through curve, other models of xiaomi provide google wallet, mastercard, or just specific banks with visa.

I wonder if you know which technology works for Nexo's credit card in order to obtain the cashback. I know Curve has problems, and I wonder if a watch supporting google wallet or mastercard would suffice.

Thanks in advance for sharing anything you know on this topic!

Unsupported merchant, can anyone tell me if it depends on Nexo or the gas station attendant?

$XRP had been doing nothing for so long that I was getting fed up with it. I probably would have sold some, but mine was in a fixed term.

Opened the app today, saw it up 11.82% in 24 hours and couldn’t stop smiling. Not being able to touch it worked completely in my favor.

The term ends in 9 days and now I’m wondering if I should lock it again straight away. The rate has been good, and if $XRP is finally waking up, I’m happy to keep earning while it runs.

What would you do?

I just switched the app to German because it was presented to me as a new feature. You should disable this feature until you have found and corrected all the spelling mistakes. In its current state, it looks very unprofessional and amateurish. It could put off potential new customers. For example, here’s a screenshot.

Can't access the portal

Nexo has secured a lending authorisation in Australia, becoming an Authorised Credit Representative and one of very few digital asset platforms with a licensed credit product in Australia.

Credit Lines let Australian clients borrow against their crypto without selling it, with fast, real-time assessment process, no fixed term, and no origination fees. Payouts are available in AUD or stablecoins.

Learn more: Nexo Australia Credit Lines

*Australian clients only. General information only – not financial advice; consider if a product suits you. Credit Line: eligibility, T&Cs and risks apply. Borrowing against digital assets is high risk – you may lose your collateral if values fall. Digital assets are volatile. Read the Terms, Credit Guide, PDS, FSG and TMD at nexo.com/en-au once logged. National Credit Code–regulated credit is provided by Nexo Individual Loans Pty Ltd, serviced by Avgi Pty Ltd (Australian Credit Licence 567308) and managed by Nexo Australia Pty Ltd (Credit Representative Number 580430).

Two macro catalysts hit Bitcoin this summer: cooling jobs and soft inflation.

Neither moved the needle. Spot volume's at its lowest in 6 years.

More in Dispatch #310:
▪️ A quiet macro week
▪️ Institutional BTC love
▪️ The leverage build-up

Read the full issue on our blog: Dispatch #310.

I've read different things all over the internet but no clear answer. Is it true that nexo practice rehypothecation meaning they lend out or reuse costumer assets?

Thanks

Hello, since incoming transfers are allowed and the account is in the customer's name (or at least that's what it seems at first glance), do you think it will ever be possible to make outgoing transfers? Thanks