Stellar (XLM) account merge transfers are not supported

This information comes directly from Nexo's help center

Stellar (XLM) account merge transfers are not supported

Stellar (XLM) Account Merge transactions transfer the native balance (i.e., the entire amount of XLM from the source wallet) to the destination account and remove the source account from the ledger.

In other words, the wallet from which the assets are sent is merged with the recipient wallet.

XLM Account Merge operations are not considered top-ups and are not supported on the Nexo platform. The only supported operation type for XLM top-ups on Nexo is Payment.

Important: Merging an XLM account with your Nexo wallet address for XLM top-ups will result in the funds being unrecoverable. To avoid this, you will need to leave at least 1 XLM in the source wallet from which you are sending the assets.

Source: Stellar (XLM) account merge transfers are not supported
July 11, 2025
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This information comes directly from Nexo's help center

A Stellar (XLM) “account merge” transactions transfer the native balance (the whole amount of XLM an account holds) to another account and removes the source account from the ledger.

Operations such as “account merge” are not considered as deposits. We only support “Payment operation” for XLM deposits.

To avoid unsupported “account merge” transactions, we recommend leaving 1 XLM in your sending account.

Please note that merging XLM accounts to Nexo’s might result in your funds being unrecoverable.

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