What are the withdrawal fees for Credit Line, crypto, and FiatX withdrawals?

This information comes directly from Nexo's help center

All cryptocurrency transfers between Nexo accounts are instant, unlimited, and free of charge. Depending on your Loyalty tier, you will also receive between 1 and 5 monthly crypto withdrawals to an external wallet that are feeless, as can be seen in the graphic below. Internal Nexo transfers do not affect your free monthly crypto withdrawals since they are off-chain.

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Once the free withdrawal limit is reached, you will be automatically charged a fee incurred by the network. The fee is not fixed and depends on the current condition of the respective blockchain. You will see the amount required for the processing of your transaction before submitting the withdrawal.

The counter for free crypto withdrawals will reset on the first day of each month, after which you can make another set of free withdrawals.

Withdrawals over the Polygon network are free of charge for all Loyalty tiers and do not exhaust your free monthly crypto withdrawals. Make sure the receiving party supports transfers of the selected asset over this network, as otherwise, your crypto may be permanently lost.

Nexo does not apply any fees to FiatX top-ups and withdrawals, Credit Line withdrawals, and crypto transfers to other users within the Nexo platform. Furthermore, under our #ZeroFees policy, we do not charge any Credit Line origination, forex, and exchange fees.

Source: What are the withdrawal fees for Credit Line, crypto, and FiatX withdrawals?
August 23, 2022
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