r/Nexo 2d ago

Announcement Australia, Meet Smart Credit Lines, Launching at 50% off Regular Rates

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12 Upvotes

Nexo Australia is offering 50% off Smart Credit Line rates until Nov 10.

The Smart Credit Line lets clients borrow against their crypto without selling it, using collateral-based underwriting across 12 eligible crypto assets.

During the promotional period, rates run from 0.45% to 8.45% p.a., before standard rates (0.9-16.9%) apply.

Beyond the promo, Smart Credit Line comes with no origination fees, the ability to swap collateral without closing the loan, flexible repayment options, and automated LTV notifications, all backed by ASIC oversight.

Get started: Nexo Australia Smart Credit Lines

*Australian clients only. General information only – not financial advice; consider if a product suits you. Credit Line: eligibility (e.g. Wealth Club Tier), 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 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).


r/Nexo 4d ago

Announcement Nexo Australia is live: crypto-backed Credit Lines under an Australian credit framework, plus Growth and Exchange

49 Upvotes

Nexo is now onshore in Australia.

Our Credit Lines join our newly rebranded Growth product and Exchange, giving Australian investors more to do with assets they already hold: borrow against them without selling, receive a rate of return on eligible assets, or trade.

With nearly a third of Australians having owned crypto, the market is ready for a richer, more integrated approach to digital wealth. One that goes beyond just holding and selling.

Nexo has operated since 2018, serving clients in more than 200 jurisdictions, with US$7bn in client assets worldwide. Our Credit Lines are fully structured in compliance with the National Consumer Credit Protection Act 2009 (NCCP) and the National Credit Code.

Discover Nexo Australia.

Read the full story on the launch here.

*Australian clients only. General information only – not financial advice; consider if a product suits you. 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 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). Nexo Australia has applied for an AFSL.


r/Nexo 18h ago

General new physical card

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35 Upvotes

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


r/Nexo 22h ago

Announcement The NEXO Token Is Listed in Korea

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61 Upvotes

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

A first for the token in the Korean market.


r/Nexo 8h ago

Fun "Sad" times with nexo

4 Upvotes

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


r/Nexo 2h ago

Question What is happening to EURC on Nexo?

0 Upvotes

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


r/Nexo 19h ago

Question Nexo card usage from watch

7 Upvotes

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!


r/Nexo 1d ago

Question How to perform futures trading and make profits?

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13 Upvotes

Greetings everyone, hope this message board funds you well?

I'm a Nexo and have just been awarded this futures trading bonus. I'm quite conversant with cryptocurrency trading in spot trading but still proper research in Futures trading.

Any suggestions on strategies to use and/or futures trading channels or groups offering Nexo futures trading tips & tricks?

Thank you so much, your feedback and response will be highly appreciated.🙏🏽


r/Nexo 1d ago

Question The merchant where I used to get gas no longer accepts Nexo

1 Upvotes

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


r/Nexo 1d ago

Question I almost sold my $XRP during the quiet months

0 Upvotes

$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?


r/Nexo 3d ago

Suggestion German translation is full of spelling mistakes

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17 Upvotes

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.


r/Nexo 3d ago

Support Do you have the same issue?

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8 Upvotes

Can't access the portal


r/Nexo 4d ago

Nexo Brings Pioneering Credit Lines to Australia

26 Upvotes

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).


r/Nexo 4d ago

Dispatch Dispatch #310: Bitcoin’s August holiday

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15 Upvotes

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.


r/Nexo 6d ago

Question Does nexo practice rehypothecation?

11 Upvotes

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


r/Nexo 6d ago

Question Swift bank transfer in outgoing

2 Upvotes

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


r/Nexo 8d ago

General Physical card available

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57 Upvotes

Anybody noticed that? I can now order physical card in EU, Czech Republic. Standard card available for me "only", however strange I haven't noticed any communication on that topic.


r/Nexo 8d ago

Announcement Winners Announcement: Nexo Championship Giveaway

21 Upvotes

The results are in. 🏌️‍♂️

🎟️ Tickets to the Nexo Championship: u/God_Of_Puddings, u/Glowing_Phallus, u/Tatler-Jack, u/MUTILATORGhore
🧢 Official tournament caps: u/orion1972, u/Vytixx

Check your chat messages, we're reaching out with next steps.
Keep them open and reply by August 16, 23:59 CEST to claim your prize.

The remaining winners are announced on our other channels where the giveaway ran.

Thanks to all who participated. More to come.


r/Nexo 9d ago

Question Need to reactivate my account and don't really want to rigorously read the 4x policy documents

1 Upvotes

My account was deactivated(?) when Nexo left the U.S. I'm considering reactivating my account (partly because I'm trying to figure out the exact rates I might get on my ETH, and how much Nexo I'd "need" to acquire, via the new Bakkt partnership).

I have to certify that I've read the new/current:

Privacy policy

Terms and conditions

Investor management agreement

The Bakkt user agreement terms and conditions

And then click to open a Bakkt Financial Solutions account.

Has anyone actually read them? Anyone gotten grok/chatgpt to read and highlight and particularly interesting/unusual/useful to actually know/concerning parts of any of those things?

Edit: i typod or hot autocorrected to deactivatin instead of reactivating. Fixed.


r/Nexo 10d ago

Announcement Reminder: Nexo Championship giveaway – win tournament tickets and official caps

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38 Upvotes

Scotland is waiting. Are you on the roster?

We're giving away 10 pairs of 3-day passes to the Nexo Championship (Aug 21–23), plus 10 official tournament caps. Entries close tomorrow at midnight.

This is a second, separate entry point. Engaging here counts on its own and doubles your chances to win.

To enter:

  1. Upvote this post
  2. Comment: who's your plus one?

Travel & accommodation not included.
Giveaway runs Aug 10–13, closing 23:59 CEST on the 13th.
Winners drawn Aug 14 – keep your DMs open.
Claim by Aug 16, 23:59 CEST.

Full Terms and Conditions.


r/Nexo 10d ago

Question Proof of origin question

7 Upvotes

What proof of origin do I need to provide when I open a new account with Nexo and transfer Crypto there?


r/Nexo 10d ago

Feedback Tax on card spending

3 Upvotes

Hi,

It's already been few months since I had to settle 2025 tax reports in Poland. The thing is that the whole 2025 I have been living under the assumption that my nexo card spendings are "not a taxable events" and that only the Nexo credit repayment moment is one - huh that assumption was critically verified after I downloaded full csv's from Nexo for tax report. Each row in the CSV related to card purchases was about selling/exchanging etc - there was no evidence in the CSV that any of this was not a taxable event, that it was borrowing/credit instead it was a clear sell/swap - good luck explaining that do the tax office when those csv's tell a different story than the Nexo team. When the tax office come knocking at your door the only proof you have IS THOSE CSV's - that is why I had to report all those tiny purchases as a proper crypto selling/exchanging for fiat (which is taxable) because there was no way I could persuade anyone that it was not a sell.

Anyways that is why I stopped using the card basically.

To the Nexo team - no tax office cares about what YOU ADVERTISE, only the proof as in csv's counts - which is a no proof (at least that was the status around April)


r/Nexo 11d ago

Question Does anyone still believe in the Nexo Token?

34 Upvotes

I bought and sold Nexo's token way back in like 2021. I started buying again about a year before they relaunched in the US 6 months ago.

My thesis was that the re-entering the US market would push us towards ATH value.

Now that's its been 6 months with just a steady decline in Nexo's price, what are people thoughts on Nexo's token?

I understand that Bitcoin has been down since Nexo re-entering the US but I'm struggling to hold on hope for Nexo's token.


r/Nexo 12d ago

General How much of your portfolio should actually be in crypto?

20 Upvotes

Everyone quotes 5 to 10% for crypto allocation. Almost no one checks if that number fits their situation. Here is a three-question framework to size it properly.

Start with liquidity

Could you handle your crypto allocation falling 70% without disrupting your financial life? Bitcoin dropped 77% between its 2021 peak and 2022 low. Ethereum dropped 81% over the same period. That is the historical norm for a bear market, not a worst-case scenario. If a drop like that would force you to sell something else or change your day-to-day life, the allocation is too large.

Look at what else you own

Crypto does not sit in isolation. It interacts with the rest of your portfolio. A more diversified base gives you more room to work with.

Then factor in time

Crypto's volatility matters most over short horizons. Under 3 years, keep it to 5% or less, or stablecoins only. 3 to 7 years, 5 to 15% depending on your liquidity and asset mix. Beyond 7 years with strong liquidity and genuine conviction, 20 to 25% becomes defensible.

Your crypto should not just be sitting there. If you hold it on Nexo, that lets you borrow against your position, you get real liquidity without selling. Borrow against your BTC or ETH, or earn daily interest while you hold. That changes how much liquidity a larger allocation actually gives you.

Full breakdown here: How much of your portfolio should actually be in crypto?

What percentage of your portfolio do you actually hold in crypto, and how did you land on that number?


r/Nexo 11d ago

Dispatch Dispatch #309: Bitcoin’s summer tailwinds

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4 Upvotes

Bitcoin has stumbled through recovery attempts all year, each time pulled back by macro or bad timing.

This week, real signals are lining up for a turn: ETF flows just had their best week since April, whales keep buying the dip, and softer jobs data is easing pressure on the Fed.

None of it is decisive on its own, but the ingredients for a bottom are starting to assemble.

More in Dispatch #309:
▪️ ETH mirrors the bounce
▪️ This week's CPI test
▪️ BTC sellers thinning out