Nebeus review 2023
Investing options: 3.1
Platforms & usability: 3.1
Products, markets, & assets: 2.8
Safety & reliability: 3.9
Deposits & withdrawals: 3.1
Research & analysis tools: 3.4
Fees & costs: 2.9
Education & learning resources: 2.4
Nebeus review Summary
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Nebeus stores 98% of client coins in secure, offline cold wallets and also supports the conversion of fiat to crypto, as well as the conversion of one cryptocurrency into another. If you’re looking for an all-in-one service, Nebeus could be for you.
What can I do with Nebeus?
Nebeus is a cryptocurrency wallet that aims to offer a bridge between crypto and cash. It has two different accounts, a crypto account which offers a wallet, and a money account where you can store EUR & GBP.
You can make money just from having coins in your Nebeus wallet. Users can earn interest on their crypto coins with a Nebeus high yield crypto savings account that offers yields up to 12.85% based on the length of time and the amount you deposit.
Nebeus supported coins and features
What cryptocurrencies can Nebeus hold?
Currently Nebeus’ wallet supports a number of cryptocurrencies, including:
- Bitcoin (BTC)
- Ethereum (ETH)
- Avalanche (AVAX)
- Tether (USDT)
- USD coin (USDC)
- Litecoin (LTC)
- Ripple (XRP)
- Bitcoin Cash (BCH)
- Stellar (XLM)
- Algorand (ALGO)
- Celo (CELO)
- Chainlink (LINK)
- Aave (AAVE)
- The Graph (GRT)
- Uniswap (UNI)
- The Sandbox (SAND)
- Fantom (FTM)
- ApeCoin (APE)
- Tezos (XTZ)
- Polygon (MATIC)
- 1inch (1INCH)
- Dash (DASH)
- EOS (EOS)
What type of crypto wallet is Nebeus?
Nebeus is a desktop wallet. Apart from hardware wallets – which are the safest and also the most expensive – offline wallets such as this one are the next most secure option and they come at a fraction of the cost.
What other features does Nebeus offer?
All-in-one crypto wallet, exchange, bank, and lender
Most wallets only offer a few functions, but Nebeus is almost completely vertically integrated. You can hold coins, buy and sell cryptos, stake coins, access money accounts, and take out crypto loans all in one place.
Nebeus allows users to take out loans in £, $, or € by putting Bitcoin, Ethereum, Avalanche, or XRP up as collateral. You can take out ‘quick loans’ with a 50% loan to value (LTV) and 0% interest, or flexible loans with a LTV of 50-80% and variable interest rate.
You can place your coins in a high yield savings account on Nebeus and receive rewards of up to 12.85% per year in stablecoins or 6.5% in crypto.
Two-Factor Transaction Confirmation
Aiming to combine both ease of use and protection, all transactions must be validated with a single-use PIN.
Whenever you make a transaction, you will have to use a single-use PIN generated by your mobile device. This helps ensure that nobody but you can move coins out of your wallet and helps protect your account.
Free User Transactions
Nebeus’ Quickpay feature makes person-to-person transfers on the network free and instant.
Nebeus costs, fees, and speeds
How much does Nebeus cost?
A Nebeus crypto account is free, while there are three pricing plans for the Money Accounts. The standard Money Account is free, while the Hodler plan costs €4.50 per month and Whale costs €9.50 per month.
Does Nebeus charge transaction fees?
It is free to deposit crypto into your Nebeus account. The only limitation comes in the form of deposit minimums. Each cryptocurrency has its own minimum deposit. Find out more about Nebeus’ minimum deposits.
How fast are Nebeus’ transfer speeds?
All transfers between users on the Nebeus network are free and instant, all other transfers are made within 24 hours. For Money Accounts all transfers are instant via SEPA. Delays in moving cryptocurrencies around can be longer depending on how busy the blockchain is, and this is out of Nebeus’ control.
Are there limits to how much crypto my Nebeus can hold?
There are no limits on crypto accounts. The limits on Money Accounts depend on which plan you choose. Standard accounts have a limit of €5000 per month, Hodler €7500 per month, and for Whale accounts it is unlimited.
Nebeus trading fees
How much are the Nebeus exchange’s fees and commissions?
All the best crypto exchanges will apply trading fees – either directly or indirectly as a spread. Some platforms may also additionally apply extra fees. This is par for the course when using an online broker and Nebeus is no different in this regard. Here are the fees you can expect when using nebeus’ integrated exchange.
|Fee type||Fee amount||Commission|
What devices can I use Nebeus on?
Nebeus’ cold storage wallet is accessible via both their website as well as Android, iOS devices. Most of its crypto bank options such as the trading platform and loans are also available via the same applications. You can use the wallet on:
- Desktop computers
- Laptop computers
- Smartphones (both Android and iOS)
Can I use Nebeus in my country?
You can use Nebeus in most countries around the world. One major exception is the United States, as Nebeus is not available there.
Is Nebeus available in my language?
Currently, Nebeus only offers support in six languages: English, Spanish, German, Russian, and French. Simply select your language from the list below to find out if the wallet is available for you:
How easy is it to use Nebeus?
The first thing that someone signing up to Nebeus or even just casually browsing its website will notice is how clean and simple it is to navigate. Overall, the platform offers a wide variety of features and makes them all simple and easy to access, even for beginners.
The account verification process can take a little while if you want to access some of the more advanced features like higher deposit/withdrawal limits. However, once you are verified you will find that Nebeus’ wallet goes beyond the basics with offline, secure cold storage of coins and easy person-to-person transfer/exchange of crypto or even to your own debit card for added flexibility.
Nebeus now also supports instant conversion and withdrawal/transfer in Pound and Dollar currencies in addition to Euros.
Security and regulation
Is Nebeus secure?
Yes. Nebeus uses best practice security features, such as password protection, 2-Factor authentication, PIN + 2-Factor Authentication for any withdrawal, and inability to change wallet address without PIN confirmation.
Can I back up my Nebeus?
No backup options are offered since 98% of client coins are already held in an offline cold storage environment. Backups are only available with hardware wallets. However, you can purchase crypto insurance from Nebeus from €4 per month.
Is Nebeus regulated?
Nebeus is regulated by the Bank of Spain as a cryptocurrency custodian and has been granted the VASP license. Additionally, Nebeus is a partner of Modulr Finance to offer Money Accounts and is regulated by the Bank of Ireland.
Do I have to verify my Nebeus Wallet?
Yes, on average verification takes a few minutes and you will need to submit primary photo ID documentation, as well as a secondary ID such as a utility bill with proof of address.
Nebeus’ website contains a robust knowledge base with helpful guides on everything from how to submit your documentation for verification to how to apply for a crypto loan and what a margin call is.
It also has an educational blog and features specific walkthroughs which are helpful for anyone new to its site, meaning it is a helpful platform for anyone new to cryptocurrency.
From our own browsing of the Nebeus site we weren’t able to find any direct way to contact the company, either via email or phone. The only option is to submit a support ticket via its support section and response times are very slow.
Overall Nebeus is a complete platform offering a crypto wallet, exchange, and crypto loans. It offers a simple, but easy to use site with basic security features such as password protection and 2-Factor authentication.
The educational resources available in its support section are rich and answer all your basic questions while also providing some helpful how-to guides on navigating its service. When it comes to Nebeus’ wallet and exchange, it offers offline, cold storage of client coins which many users prefer for its added safety measures.
The transfer/withdrawal process is pretty seamless once you have a verified account and maximum withdrawal amounts are high at £50,000 daily, even when compared to other similar services.
How to send and receive cryptocurrency with Nebeus
How to send crypto with Nebeus
- Open your crypto accounts. If the recipient of your payment is also a Nebeus user, choose the ‘Send to Nebeus user’ option.
- Click the ‘Get Pin code button’ which will be sent to your email address.
- Check that all details entered are correct and confirm the transaction.
How to receive crypto with Nebeus
- If in person, the sender of the payment can simply scan the QR code from their device and you will receive a transfer instantly.
- If online, you will receive a notification from Nebeus that you have received a transfer to your wallet.
Nebeus is owned by co-founders Sergey Romanovskiy and Konstantin Zaripov and was founded in 2014.rnrn
Nebeus primarily generates revenue through interest on crypto loans and platform fees such as for withdrawals, and crypto trading spreads.rnrnNebeus does not have an approval process for its loans, instead they are immediately issued starting at a 72% loan to value against pledged coins and carry an average interest rate of 3%.rnrn
Usually this will depend on tax law in the country or territory where you are located, please check your local tax laws to determine what applies to you.rnrn
Simply click on ‘Forgot password’ in the login screen and you will be prompted to enter your email address to reset it.rnrn
No, currently you can only withdraw funds to a debit/credit card.rnrn
Nebeus is a self-regulating entity that is not currently overseen by a financial authority. Therefore apart from best practices that Nebeus has implemented, your only recourse is legal in nature.rnrn
Yes, you can view your full crypto transaction history once logged into your Nebeus account.rnrn
Simply choose the ‘send’ option in your crypto wallet, fill in all the required data and provide an external Crypto wallet address. You will then receive a QR code to complete the transaction.rnrn
Yes, you can hold Bitcoin, Ethereum, and Nebeus Tokens in your wallet.rnrn
No, you must provide your first, last name, email, and country of residence in order to open a Nebeus account.
Yes, you can hold Euros, Pounds or USD in your wallet.
If you would like to permanently delete your account, you must make a request in writing via email at: [email protected]
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