Below you can find the steps you need to take in order to purchase crypto on the Nexo Exchange with a credit/debit card. Everything else you should know about the process is outlined in this article.
How to buy crypto with your card on the web platform?
1. Open the Nexo web platform and log in to your account.
2. Click on the ‘Exchange’ tab and choose ‘Buy with card’
3. For your security, we need to verify your card before you can use it to make crypto purchases. If you have not taken advantage of our ‘Buy with Card’ feature so far, you would first need to complete this step before making a purchase. To do so, you can tap on the ‘Link Credit/Debit Card’ button. Your verified cards will be securely stored and displayed for future purchases.
You can also click on ‘Preview Exchange’ as it will automatically prompt you to link and verify your card.
4. Enter your card details and click ‘Link Card’
5. Each Card Verification request comes with a $0.10 3DS authorisation hold, which will be reflected on your card statement. The aforementioned amount will be blocked only for a short period of time and will be released afterwards. Any linked cards will first appear in your account with a ‘Pending’ status and, once reviewed, either as ‘Approved’ or ‘Rejected’
6. Once your card is validated, pick the currencies you would like to exchange and enter your desired amount. Then click on ‘Preview’. You will once again need to complete a 3DS verification
7. After authorising the purchase, you will be redirected back to the Nexo platform, where you will have 20 minutes to confirm it. On the confirmation screen, you will see the exact Exchange Rate at which your purchase will be executed. Please, confirm the said purchase only if you are happy with the rate offered
8. The purchased digital assets will be credited to your Nexo Account in a few seconds
How to buy crypto with your card on the Nexo App?
You can watch this quick tutorial to learn how to buy crypto on the Nexo app. The process is intuitive and it takes seconds.
Alternatively, you can follow these simple steps:
1. Open the Nexo App and log in to your account
2. Tap “Add Funds” on the Dashboard
3. Select “Credit/Debit Card”
4. Choose the currency you would like to buy
5. Make sure you have selected your previously linked card as a Payment Method.
You can change the currency of the card from the“Pay with Currency” drop-down menu.
Enter your desired amount. Below it, you will see the amount of crypto, as well as cashback (if any), that you will receive.
Then tap “Continue” to enter your card details.
6. Authorize the purchase through 3DS if applicable
7. Once your card is validated, review your order on the next screen and confirm it by tapping on “Confirm Order“. On the confirmation screen, you will see the exact Exchange Rate at which your purchase will be executed. Please, confirm the said purchase only if you are happy with the rate offered
8. The digital assets bought will be credited to your Nexo Account in a few second
Important:
- Exchanging crypto for fiat or vice versa, buying crypto with card, and the Nexo Booster are unavailable for clients residing in Australia.
- Buying crypto with a card issued from Wise (formerly TransferWise) or Crypto.com is unavailable.