Nexo Card Review 2024 - Watch this before you apply!

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  • Опубликовано: 4 авг 2024
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    Don't miss today's in-depth video on the Nexo card 2024!
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    ⏰TIMESTAMPS
    00:00 - Intro
    00:30 - What is Nexo?
    01:22 - How does the card work?
    02:55 - Benefits of Crypto credit card
    03:44 - Nexo Cashback
    06:05 - Nexo Fees
    06:44 - Travel Benefits
    08:22 - Who can apply?
    09:03 - Final Review
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    👁 Are you curious about how to spend your cryptocurrency in your day-to-day life without actually selling it? Look no further than the Nexo Card! In this comprehensive review, we dive into everything you need to know about the Nexo Card, a revolutionary crypto-backed credit or debit card that seamlessly integrates the world of cryptocurrencies with traditional spending. Whether it's grabbing your morning coffee or doing your weekly grocery shopping, the Nexo Card offers a hassle-free way to use the value of your crypto assets.
    Discover how the Nexo Card stands out by allowing you to spend without selling your digital assets, thereby avoiding taxable events and keeping potential future gains. We'll cover the unique features of the Nexo Card, including its partnership with Mastercard which provides global access, the benefits of both its physical and virtual forms, and how it integrates with popular mobile payment systems like Google Pay and Apple Pay.
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    #nexocard #nexo #cryptocreditcard
    DISCLAIMER: This video and description may contain affiliate links, which means that if you click on one of the product links, I’ll receive a small commission. This helps support the channel and allows us to continue to make videos like this. Thank you for your support!
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Комментарии • 34

  • @LJ-bq9fy
    @LJ-bq9fy 28 дней назад +1

    SOB, I really would have appreciated if the "what countries can apply for the card 8:29" part was covered FIRST !! I was so excited for this card. Now I just want my time back.

  • @ibrahimethemsakalli7769
    @ibrahimethemsakalli7769 2 месяца назад

    Is there any spend limit in creit card for example can I have 100.000 usdt in my account, can I spend it?

  • @maartenh.4213
    @maartenh.4213 2 месяца назад

    A comment on your comment about the different colors for different tiers: wouldn't that be very difficult to do since I understand that I can switch between tiers any time I want?

  • @user-tn6cp9cv1o
    @user-tn6cp9cv1o 4 месяца назад +1

    Thanks for this comprehensive review!
    Can I stack nexo on top of curve for a cashback boost?

  • @user-ln2iy8ck3f
    @user-ln2iy8ck3f 22 часа назад

    Hello guys i wenna to use nexo virtual but unavailable can i use vpn

  • @niall4779
    @niall4779 3 месяца назад

    Can I use any of cryptocurrencies

  • @JoshuaHolstein
    @JoshuaHolstein 4 месяца назад

    did i understand right ? i can consume crypto- without Fiat money
    wolud it trigger Tax ?

    • @user-qv1ty3gj2f
      @user-qv1ty3gj2f 3 месяца назад +1

      no it doesnt trigger because your using debt and debt cant be taxed

  • @leonardlukic357
    @leonardlukic357 4 месяца назад

    🎆

  • @jasminewindfield6838
    @jasminewindfield6838 4 месяца назад

    what is that 15.9% interest credit for a basic card?

    • @erikssongustav
      @erikssongustav  4 месяца назад

      That’s the interest if you don’t pay the credit card bill on time. The interest does vary but you can find all the details here support.nexo.com/article/what-is-the-nexo-card-and-what-are-the-benefits

  • @user-qv1ty3gj2f
    @user-qv1ty3gj2f 3 месяца назад +2

    just a heads up if your in the uk you dont get cash back anymore

    • @yofoxjoke
      @yofoxjoke 3 месяца назад

      yea so annoyed. Did you find any alternatives?

  • @BlackZBurn
    @BlackZBurn 4 месяца назад

    If i have my crypto on Kraken can i use Nexo card? or do i have to buy crypto from Nexo?

    • @erikssongustav
      @erikssongustav  4 месяца назад

      You have to move your crypto from Kraken to Nexo in order to use it with the card

  • @iwantfreedomfromhome
    @iwantfreedomfromhome 3 месяца назад

    Can i use nexo card in the uk? And if i have gbp available on my nexo, can i spend them for free or fee applies everytime?

    • @yofoxjoke
      @yofoxjoke 3 месяца назад

      yes you can use in the uk. But there is now no cashback and 1% fee everytime you use the card which is pretty bad

    • @Cal-cz4mu
      @Cal-cz4mu Месяц назад

      @@yofoxjoke 1% fee is better than 20% capital gains tax

  • @aggelos1287
    @aggelos1287 4 месяца назад

    Hello I want to sign up for a card but it says that I need to have at least 50 dollars in my portfolio Ballance

    • @erikssongustav
      @erikssongustav  4 месяца назад

      Yeah you need min $50 worth of crypto on your account to apply for it.

  • @Engineering_Monkey
    @Engineering_Monkey 4 месяца назад

    is this card available for Canadians?

    • @erikssongustav
      @erikssongustav  4 месяца назад

      No it’s currently not available in Canada

  • @RPNN
    @RPNN Месяц назад +1

    when US is coming?

    • @BlueKrait1
      @BlueKrait1 Месяц назад +1

      When Trump wins👍🏼

  • @confiance1492
    @confiance1492 4 месяца назад +1

    So wait, 200$ Cash withdrawal per month in Platinum?

    • @erikssongustav
      @erikssongustav  4 месяца назад +1

      Monthly total ATM withdrawal limit is €10,000 but the fee free limit is 5 total withdrawals on the Platinum. You pay €2 per withdrawal for withdrawals outside your monthly limit.

    • @confiance1492
      @confiance1492 4 месяца назад

      @@erikssongustav thanks!

  • @superturbo2
    @superturbo2 3 месяца назад

    Well, they made this card useless for cashback by adding a 1% fee when repaying your loan.

    • @rmikelionis
      @rmikelionis Месяц назад

      Now, there is no need to pay the repayment fee

  • @saucalucian133
    @saucalucian133 2 месяца назад

    ook...so u are tell me now that this is a way of avoinding the tax for profit that i have to pay every year if i made profits from crypto in this case. this would be somehow illegal, because it's mandatory to pay tax for profit 😂

    • @erikssongustav
      @erikssongustav  2 месяца назад

      You are not making a profit as the asset is not sold, but regulations may vary obviously.

    • @buymac
      @buymac Месяц назад

      In what country do you pay income tax for taking a loan?