Nexo: Buy Bitcoin & Crypto Reviews

Totally incompetent outfit

Facts man.

Don’t waste your time OR money with these clowns. Two days of nonsense trying to set up an account was enough. ?

Need Landscape Orientation

8uddha

This app needs to be iPad friendly and provide landscape orientation.

Sent crypto from another wallet to use at Nexo. The transaction was successfully received by Nexo and recorded on the blockchain. Had to provide support with the transaction hash to prove they received the funds and had to provide them with a video of me opening the wallet I sent from on my phone to prove I owned the wallet. THEN, the only reply I have been able to get in a week is that it will likely take them 6 MONTHS to “find” the money that they successfully received and I have proved that they successfully received. Do not under any circumstances trust these criminals with your money!

Getting better with every update

mrAssman

I’ve been very happy with Nexo, with no issues to report. Been using for almost 2 years and it’s been great! They have the highest funds insurance that I’ve seen and provide public assertions of their collateral / holdings which no one else does. This gives valuable peace of mind that my deposits aren’t at high risk with Nexo. Additionally they have held their rates / yields very stable over the years unlike most others. I highly recommend purchasing their native Nexo token for the additional benefits and long term outlook. I love that I can withdraw up to 5 times a month with gas costs covered. Only downside is no fiat support yet for my US state and earning in Nexo tokens. But that’s mostly out of their hands I just hope it happens at some point!

Amazing Platform That Keeps Getting Better

mbudare

I can’t say enough about my experience using Nexo ( it’s been about 1 1/2 years now). The amount that I have seen them update, make better, and give more benefits to the user is amazing. On 2 separate occasions (our error), my husband and I thought we lost several thousand dollars but Nexo recovered the money both times. The emails sent by their team are always so informative and settle me into ease when the market goes through big fluctuations. They explain how secure their business model is. It is the most incredible passive income via interest, especially if you’re at the platinum level. I have seen over and over again that they are a company of high standards and high integrity. So grateful they exist.

Be careful when sending money

Honest Watts

This app seemed very attractive due to the high interest they offer. However, one thing to note is they do NOT accept ACH deposits from your bank, they only accept wire transfers. While Nexo says they do not charge a fee for deposits, your bank will charge you ~$30 for every deposit. To get ahead of the charge I was going to make a $1000 deposit, so the fee would be minimal (3%). I followed all of the guidelines through the app and web browser to get the account # and routing # correct. Nexo has confusing details regarding the bank address. There are multiple addresses and no indication / instructions on which to use. My transfer was rejected by their bank (Silvergate) and they charged me $50. I called to rectify the issue, but they wouldn’t budge. I had to pay $80 in fees for a transfer that didn’t happen. I now refuse to pay an additional $30, making this $120 in transfer fees just to send money to Nexo. Ridiculous. Be careful, or simply use another app that accepts ACH deposits at no charge at all. Also, the Nexo team was no help whatsoever. When I told them the bank said they would only clear the charge from the authorized account holder (that being Nexo), they did nothing.

Security

JorNinig@33

Some Hacker sent me a fake email, saying I need to reset my password for Nexo.So I contacted Customer support directly .Nexo quickly responded and freezes up my account plus advised me to add more security to my email account. Then Nexo emailed me the process I needed to confirm in order to get access to my account. I feel much better now because Nexo security process is AWESOME!!! Keep up the great work!!!?? E.G

Unable to Verify Identity

FelicityDr

Im in the US, i am stuck in the personal information verification and i cannot move on to the ID verification because is asking me to enter state or to update to the new version, and surprise surprise as of right now there are not updates available. So how am i supposed to complete the verification now?

The U.S. is getting screwed up and down with staking and earning

Hambone8910909

Also you have to put your social security in and all your information in to receive all the benefits. It’s none of there business who I am and all my personal stuff. Who knows what or who has access to all that information or what they are don’t with it.

Won’t permit verification

Juan de Mariana

I liked Nexo services. But now they are insisting on advanced verification, which is fine, but they also insist on the latest app version in order to complete that verification. I have the latest version. I just installed it and get the same error! Too bad. Hopefully they fix it before they throttle my account. Update: I used the website to complete verification, and that worked well. Although that means I won’t be able to reproduce the problem on the app for troubleshooting.

Nexo: Buy Bitcoin & Crypto Reviews – Page 5