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Where & How to Buy Nexo (NEXO) for Beginners in 2025
In this guide
The safest and easiest way to buy Nexo is through a cryptocurrency exchange, which functions similarly to a stock trading platform. It takes just a few minutes to buy Nexo this way. Follow our quick step guide below.
How to buy Nexo quickly in 3 steps
Copy link to sectionTo get Nexo, you need a smartphone or a computer and an internet connection. It takes 10-15 minutes the first time, and you should have some photo ID to hand. Here’s how to do it.
Step 1. Sign up to a crypto platform
Copy link to sectionSign up to one of the best crypto platforms to start trading. Alternatively, there are several other options to select from below. Anyway, create an account and supply a copy of your photo ID for verification.
Coinbase
Step 2. Make a deposit
Copy link to sectionAdd funds via a card payment, bank transfer or an alternative payment method. You can start with as little as $100 on most services.
Step 3. Buy Nexo token
Copy link to sectionLocate the search box and type NEXO. Once you locate the coin trading page, enter how much money you want to spend and hit ‘trade now’.
Now you own Nexo tokens! Not a big deal, right?
The easiest way to buy NEXO
Copy link to sectionThe overall best platform to buy Nexo for beginners is Coinbase .
Here are the top five places to buy Nexo, ranked according to their simplicity for beginners, fees, customer reviews, and safety ratings.
Read more about how we rate, rank and review platforms.
Best exchanges to buy Nexo (NEXO), reviewed
Copy link to sectionWe found 4 crypto platforms for users based in
1. Coinbase. Best secure trading platform for all types of trader
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Overview
We love Coinbase because it’s the leading public crypto platform. Coinbase offers more than 170 cryptocurrencies to trade, a secure wallet to store your coins in, and automatic staking rewards on 10+ cryptos through Coinbase Earn.
Coinbase’s user-friendly platform simplifies the buying, selling, and trading processes, making it one of the top crypto exchanges for all levels of trader. But, Coinbase isn’t just an easy to use platform, it’s one of the safest and most secure.
A public company brings transparency and renown, so you can trust that any money on Coinbase is safe and you’re sharing the platform with over 100 million other users. It stores 98% of customer assets offline in cold storage, minimizing the risk of theft. There is also insurance on all cash balances up to $250,000
The fees: Trading fees start from 0.6% but reduce the higher your trading volume. Bank transfer deposits and withdrawals are free, other payment methods may be charged. There is no fee for wallet-to-wallet crypto transactions but you will have to pay blockchain fees. Coinbase charges a 25% fee for its staking services.
Highlights
| No. of tradable assets | 150+ |
| Min. Deposit | $10 |
| ID verification required | Yes |
| Free demo account | No |
| Supported assets | Crypto, NFTs |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | FSA, FCA, NFA |
Fees & Costs
| Trading fees | Yes |
| Inactivity fees | No |
| Rollover/overnight fees | No |
| Withdrawal fees | Yes |
| Spreads | Yes |
| Conversion fees | Yes |
Pros & Cons
2. Paybis. Best crypto platform for choice of payment methods
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Overview
We love Paybis because it is one of the simplest crypto platforms to use, making it ideal for both beginners and experienced traders. The intuitive interface makes the process of buying and selling cryptocurrencies smooth, fast, and hassle-free.
Paybis offers a good selection of coins to buy and sell including popular options like Bitcoin and Ethereum, as well as many altcoins. With such a wide range of tokens, you’ll be able to diversify your portfolio and take advantage of market opportunities very quickly.
One of the best features of Paybis is its selection of payment options. Not only can you buy Bitcoin with a credit or debit card using USD, but you can also choose from several payment apps and digital wallets.
The fees: How much you will pay will depend on the payment option you use. Paybis provides detailed information on the types of fees applied. You can expect competitive rates, with clear outlines of transaction and network fees, before buying or selling.
Highlights
| No. of tradable assets | 90 |
| Min. Deposit | $4 |
| ID verification required | Yes |
| Free demo account | No |
| Supported assets | Crypto |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | MAS, FinCEN |
Fees & Costs
| Trading fees | Yes |
| Inactivity fees | No |
| Rollover/overnight fees | No |
| Withdrawal fees | Yes |
| Spreads | Yes |
| Conversion fees | No |
Pros & Cons
3. Nexo. Best for earning interest & rewards
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Overview
We love Nexo because you earn rewards every time you make a purchase. You can trade 60+ cryptocurrencies and earn rewards of up to 0.5% on every transaction, then store your coins on Nexo to build your wealth through passive interest payments.
You can trade on the go from a mobile app and Nexo is designed for simplicity. Every trade is locked in at the rate you see on your screen, so you won’t suffer from price slippage, and it has the added bonus that any crypto held in your account automatically starts to earn interest.
The fees: Nexo charges a 2% spread on buy and sell transactions. There are no fees for storing coins in your Nexo account. Depending on your loyalty tier, you receive a fixed number of free withdrawals, and any additional withdrawals will be charged a network fee.
Highlights
| No. of tradable assets | |
| Min. Deposit | |
| ID verification required | No |
| Free demo account | No |
| Supported assets | |
| Mobile trading app | No |
| Web trading platform | No |
| Regulatory bodies |
Pros & Cons
How to trade NEXO
Copy link to sectionYou can trade Nexo on a cryptocurrency exchange using simple steps. Here’s a quick example that clearly lays out how NEXO crypto trading works:
- Monitor the price: For simplicity, let’s say the price of NEXO/USDT is $1. You read the price charts and decide that now is a good time to start purchasing NEXO.
- Open a trade: You trade one USDT for one NEXO ($1 USD for 1 NEXO).
- Continue to monitor the price: The following month, one NEXO token is now worth $2, a 100% increase.
- Close your trade: You trade your NEXO token back to USDT for $2.
In this example, you buy and sell Nexo, doubling your money (trading). While the steps are simple, executing them in a profitable way is not so easy. You need to spend countless hours learning to trade, reading charts and technical patterns, and understanding markets and margin trading, which you can do right here on Invezz.com.
What is the best way to invest in Nexo (NEXO)?
Copy link to sectionThe simplest way to buy Nexo cryptocurrency is with your bank card. However, there are plenty of other options as well. Here are some of the top ways to pay for NEXO.
- Buy Nexo with a credit card or debit card. Card payments are convenient and instantaneous but you may have to pay a higher fee to make a deposit this way. Binance charges 1.8% for a card deposit and some platforms charge as much as 4%.
- Buy Nexo with a bank transfer. A bank transfer is usually the cheapest way to buy crypto. Crypto platforms like Crypto.com and Coinbase do not charge for bank transfer deposits, while Binance only charges a $1 fee, and these transactions are more or less instant as they run through the Automated Clearing House (ACH) in the US Faster Payments System (FPS) in the UK, or Single Euro Payments Area (SEPA) in Europe.
- Buy Nexo with PayPal. Some crypto brokers accept deposits via PayPal. Not many exchanges offer this option. However, you can find here the best crypto exchanges that accept PayPal.
- Alternative payment methods. Crypto brokers often let you pay with other providers or money transfer services, like Neteller, Venmo, or Payoneer. The options vary by broker, though, so check what’s accepted before you sign up.
How do I store Nexo (NEXO)?
Copy link to sectionMost people keep their crypto on the exchange they used to purchase it. If you only plan to hold onto it for a little while, then that’s a perfectly acceptable option. If you want to hold it for years or you own a lot of Nexo then you should move it to a crypto wallet.
A crypto exchange is similar to a bank account in that it means trusting a company to protect your funds for you. A wallet is like your personal wallet or a safe, where you take responsibility for it yourself. Two of the best Nexo wallets to use are MetaMask and the Ledger Nano S.
Should I buy Nexo now?
Copy link to sectionThe answer depends on the current price and your own investment goals. Put simply, purchasing Nexo, selling Nexo, and trading NEXO are all the exact same process in literal terms. It’s just your personal investing intentions that define whether ‘now’ is a good time to invest or not.
- If you’re a trader: as a cryptocurrency trader, your goal is to make money trading regularly. What do we mean by regularly? Hourly, daily, weekly. Traders buy and sell a coin quickly to secure their profit (or to avoid a loss). They don’t #HODL a coin long-term in the hopes of larger profits. In this sense, any time is a good time to trade Nexo.
- As a long-term investor: a long-term investor is not concerned if the price is up or down 10% on any given day. Instead, they care that the price of the native token is overall up months or years later, when they’re ready to sell that investment. So if you’re a firm believer in the foundations of NEXO, then a good time to purchase Nexo is on any significant dip.
In our experience, most newcomers to the crypto market sit between the two. You don’t want to wait several years for a return, but buying Nexo and selling it the next day probably isn’t why you’re here either.
How has Nexo (NEXO) performed this year?
Copy link to sectionThe current Nexo price today is $1.16, which is -74.84% versus its all time high of $4.63, which it reached on 16 November 2021. NEXO is -11.18% this year, with a 52-week high of $1.55 and a 52-week low of $0.84.
Regardless, closely following Nexo price news & analysis will help you decide when to pull the trigger.
