Provider at a glance
- Category
- Crypto Neobanks
- Entity
- All 4 Nexo products
- Official website
- nexo.com
Independent rankingchecked How it works
Details
Scored 43 out of 100 under methodology 2026.10.18, from the evidence read on file.
Nexo
Crypto lending and yield accounts
Crypto Neobanks
#6 Overall
Ranked #6 of 7 crypto neobanks in the published ranking
43
ChainChoice Score
The ChainChoice Score, shown against 100: published scores run from 41 to 99.- High evidence confidence
Is Nexo right for you?
Look elsewhere if these come first
- Fiat covered by a real deposit guarantee1/10 here; N26 scores 8
- What happens to your coins if they fail3/10 here; Bitpanda scores 7
- Verified authorisation on both legs2/10 here; Bitpanda scores 8
- Computable conversion cost2/10 here; Bitpanda scores 6
Not yet tested for your country. Markets it lists: Global.
to test where you can use it.
The rank above is the published one, the same for every reader. Find my best crypto neobank shows where it lands for you.
What will Nexo cost you?
Not priced on this basis
- Payments per month
- 500
- Average payment
- $100
How safe is Nexo?
- Evidence: verified4 of 4 criteria rest on quoted, sourced receipts.
- LicenceMiCA (EU): no register record on file here.
Alternatives to Nexo
Compare all 4- 4N268 points above · stronger on deposit protection (8 against 1)51
- 5Bitpanda6 points above · stronger on licence strength (8 against 2)49
- 7Fold2 points below · stronger on deposit protection (5 against 1)41
For your setup
Find out if Nexo fits you
The rank above is the published one — the same for every visitor. Answer the category's questions and this section shows where Nexo lands for you, which criteria your answers weight up, and which stated needs the record does or does not meet. The published rank stays beside it.
- A few questions
- No account required
- Ranking-blind: no commercial input
- Personalised in under 60 seconds
Find my best crypto neobankNothing is inferred from clicks, popularity or commercial value.
Why this rank
Why Nexo ranks #6
Each strength is read from evidence on a 0–10 ladder and weighted as the published methodology states. The 32 objective points these produce (6.1 here) sit inside the score; availability, friction, trust record and measured data add the rest.
4 published criteria · Σ weight 100
CriterionWeightStrength · 0–10ScoreContrib.MedianBestRankEvidence
351+1.125.08#7/7Loading evidence…
253+2.404.07#5/7Loading evidence…
252+1.607.09#7/7Loading evidence…
152+0.963.07#6/7Loading evidence…
Hairline = best in this ranking · tick = its median · a missing bar is "not scored", never zero
Margin−6behind Bitpanda, #5
RobustnessHoldsacross a one-point change to each of its 4 criterion scores, the re-run scores 41–45 and stays #6
Evidence4 of 4 scored4 quoted, 4 with a source link
What would move the rank
Each line is the ranking run again with one of Nexo’s criterion scores changed and every other value held: the smallest whole-point change on that criterion that moves its rank, and where the re-run puts it. Up to 4 climbs and 3 falls are listed, smallest change first. Nothing here is a forecast.
Fiat covered by a real deposit guarantee 1 → 5 on its ladder · passes Bitpanda+451#6 → #4
What happens to your coins if they fail 3 → 8 on its ladder · passes Bitpanda+550#6 → #5
Verified authorisation on both legs 2 → 7 on its ladder · passes Bitpanda+550#6 → #5
Computable conversion cost 2 → 10 on its ladder · passes Bitpanda+850#6 → #5
Smallest climb: fiat covered by a real deposit guarantee 1 → 5 passes Bitpanda, #5.
Strengths
0 from the score dataWhere it leads
No scored criterion is at or within one point of the category best, so no strength can be stated from the data.
Tradeoffs
4 from the score dataWhere it trails
Not for readers who put first
- Fiat covered by a real deposit guarantee — 1/10 against a category best of 8/10
- What happens to your coins if they fail — 3/10 against a category best of 7/10
- Verified authorisation on both legs — 2/10 against a category best of 9/10
- Computable conversion cost — 2/10 against a category best of 7/10
Record watch-outs
- The 2023 settlements were on a no-admit-no-deny basis and Nexo has since re-entered the US (16 February 2026) relaunching "Flexible and Fixed-term Yield programs" — the same product family, now wrapped in Bakkt's infrastructure rather than a Nexo licence. In the EEA it still operates on two partners' BaFin permissions while its own name is absent from the MiCA register, and the marketing headline "Earn up to 15% annual interest" requires a $5,000+ balance and Platinum tier (holding NEXO tokens worth at least 10% of your portfolio).
Competitive position
Where Nexo leads and where it trails
Rank on every objective dimension among the rows scored on it. A criterion in the top third of its pool is listed as a lead, the bottom third as a trail; the middle is neither. Popularity, size and commercial terms are not dimensions.
Availability#1 / 714.0 of 20 · pool best
Published criteria#7 / 74.6 of 30 · best 18.0
Friction#1 / 72.7 of 10 · constant here
Trust record#1 / 73.2 of 8 · constant here
Measured data#6 / 78.3 of 18 · best 9.7
Where Nexo leadsNo criterion in the top third of its pool.
Where it trails
- Fiat covered by a real deposit guarantee#7 / 7
- What happens to your coins if they fail#5 / 7
- Verified authorisation on both legs#7 / 7
- Computable conversion cost#6 / 7
Closest alternatives
The 3 nearest rows by score
Nearest by published score in either direction. Each card states the criteria on which the two rows differ and the cost difference under the same scenario inputs; the compare arithmetic below shows why the higher one ranks higher.
Fold#7 of 7 · score 41 · 2.0 points behind
Nexo leads on
- What happens to your coins if they fail3 vs 2
Fold leads on
- Fiat covered by a real deposit guarantee5 vs 1
- Verified authorisation on both legs3 vs 2
- Computable conversion cost5 vs 2
Largest single reason Nexo is ahead: availability (+20.8 display points).Scenario cost: Fold has no verified pricing for this scenario.
Bitpanda#5 of 7 · score 49 · 6.0 points ahead
Nexo leads onNo scored criterion
Bitpanda leads on
- Fiat covered by a real deposit guarantee3 vs 1
- What happens to your coins if they fail7 vs 3
- Verified authorisation on both legs8 vs 2
Largest single reason Bitpanda is ahead: published criteria (+23.7 display points).Scenario cost: Bitpanda has no verified pricing for this scenario.
N26#4 of 7 · score 51 · 8.0 points ahead
Nexo leads onNo scored criterion
N26 leads on
- Fiat covered by a real deposit guarantee8 vs 1
- What happens to your coins if they fail4 vs 3
- Verified authorisation on both legs7 vs 2
Largest single reason N26 is ahead: published criteria (+25.5 display points).Scenario cost: N26 has no verified pricing for this scenario.
Against the leader
81 vs 43 · gap 38.0Why Revolut ranks above Nexo
The compare workspace's arithmetic applied to these two rows. Each dimension's share of the gap is its weight × the difference, on the displayed scale — it reproduces the displayed gap of 38.0 to within rounding.
DimensionThisRevolutGap share
Availability · 23% weight14.014.0same
Published criteria · 35% weight4.618.0−34.8, worse
Friction · 12% weight · constant here2.72.7same
Trust record · 9% weight · constant here3.23.2same
Measured data · 21% weight8.39.7−3.6, worse
Published criterionThisRevolutPoints
Fiat covered by a real deposit guarantee · w3517−6.72, worse
What happens to your coins if they fail · w2537−3.20, worse
Verified authorisation on both legs · w2529−5.60, worse
Computable conversion cost · w1527−2.40, worse
Net4381−38.0
Your scenario
Nexo is not priced for this scenario
Percentage and fixed legs on each payment, for a year. Excludes chargebacks, FX markup and settlement fees priced separately. Change an input and every figure recomputes from the published rate; the published rank does not move.
your cost/yr · default scenario — set your own
Payments per month · your input500
Average payment · your input$100
Rate read from the provider’s published pricing ↗ on 14 September 2026.
your cost/yrCost is stated as your cost/yr in USD; it is never a yield, never annualised, and it does not enter the score.
Not priced on this basis
Under the default inputs · USDCategory medianNot priced0 of 7 rows priced
Cheapest pricedNone pricedDifference not stated · availability not applied — set your country to filter
7 of 7 rows in this ranking have no verified rate for this scenario and are absent from the median, not counted as free.
Evidence
No evidence reading date recorded
One row per published criterion: the page each strength was read from, its source type by domain, the reading date and whether the file and the published table agree. Open a row for the quote and the receipt.
4 of 4 cells scored
Score evidenceVerified4 of 4 criteria reconstruct from receipts
4 of 4 criteria reconstruct from a quoted, sourced receipt equal to the published strength.Public receiptsReading…4 quoted with a source URL
The receipt file has not been read yet.Evidence confidenceHighcoverage and corroboration, never freshness
4/4 criteria scored, with 4 dated sources quoted.RobustnessHoldsrank #6 across every one-point re-run
Whether the position holds when one criterion score is changed by one point and the ranking is run again. It is always a re-run of the ranking, never an estimate.Reading the evidence ledger…
CriterionSourceTypeReadFreshnessStatusReceipt
Fiat covered by a real deposit guaranteestrength 1 · weight 35Report an error——
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.What happens to your coins if they failstrength 3 · weight 25Report an error——
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.Verified authorisation on both legsstrength 2 · weight 25Report an error——
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.Computable conversion coststrength 2 · weight 15Report an error——
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.How you can lose money here, and what the ranking scores
- Insolvency failure: the firm or issuer that owes you cannot pay.Scored by Fiat covered by a real deposit guarantee · 35% (Nexo 1/10)Scored by What happens to your coins if they fail · 25% (Nexo 3/10)
- Regulatory failure (Nexo 2/10): no licence where you are, or a forced market exit.Scored by Verified authorisation on both legs · 25%
Not assessed by this ranking: Control failure, Liveness failure, Custody failure, Execution failure, Exit failure, Information failure. A high place says nothing about these; the Methodology tab says what each means. Also scored, as cost, quality or a summary of several families: Computable conversion cost (15%).
Facts
facts, not scoresWhat the record publishes
- Pricing
- Not published. nexo.com/exchange and nexo.com/buy-crypto carry no fee percentage. The official "Nexo General Fee Schedule" article, rendered in a browser, contains no schedule, only: "Your use of the Nexo Services may be subject to certain fees, as indicated in any Fee Schedule and/or on the Nexo Platform, and/or in the Nexo Account at a given time". The only numbers are inducements: "Earn up to 15% annual interest" ("Get industry-leading rates with an account balance above $5,000.") and "Receive up to 0.5% crypto cashback per purchase" ("your account balance needs to be above $5,000 worth of digital assets"). The homepage also advertises "up to 2% cashback with the Nexo Card".Nexo — official pricing page ↗ · 14 September 2026
- Prices published in
- USDNexo — official pricing page ↗ · 14 September 2026
- Licences held
- Not published
- Compliance level
- partial
- Regulatory note
- No banking licence found in any jurisdiction. No MiCA CASP authorisation in its own name — Nexo appears NOWHERE in ESMA's interim MiCA CASP register (323 entries, last updated 31 July 2026).
- Supported chains
- Not published
- Markets served
- global
- Primary markets
- Not published
- Restricted markets
- Not published
- Operating limits
- Not published
- Availability note
- Not published
Legal entity on file: Nexo, placed in 4 products. Only confirmed entities are shown; nothing is inferred from the brand name.
If something goes wrong with Nexo: where to complain, and where to report a scam
Loading the routes for your country.
How this page is reviewed
Reviewed means this product in this category was read against its sources on or after that date; every ranked category is re-read at least every 45 days. Models research, extract and parse. A deterministic engine ranks. Every quote passes an adversarial refute pass.
Accountable for this review: Mathias Siemonsmeier, Founder.
How we review · Review calendar · Corrections log · How we make money
History
What the record carries
Changes to published ranks are recorded in a ledger; every step and its cause is listed on the rank-history page. The entries below begin with the current verified snapshot, then the methodology versions whose changes applied to this category, newest first.
12 methodology entries
- currentCurrent verified snapshot · methodology 2026.10.18Score 43, #6 of 7. 4 of 4 criteria scored. History starts here; earlier values are not interpolated.
- 10 October 2026
2026.10.8When nothing serves your country, the list shown for reference is the published ranking · platform-wide- fixed The reference list shown when nothing serves your country is the published order with the published scores, and a build check now fails any such list out of that order or with a score the ranking does not publish.
- fixed The explorer prints an overall rank only for a row the published ranking holds; a country entrant such as Coinbase Commerce for US merchants shows no overall rank.
- changed Published orders do not move. Country results change only where nothing serves the country: in India bill pay keeps Bitcoin Well first and now shows Strike second, as published; 35 such runs across all categories and countries now match the published list exactly.
- 10 October 2026
2026.10.7Forty-one more products are offered only where their own quoted terms serve- fixed 141 country exclusions on 31 rows, each the name of a country the row's own quoted terms exclude: for example Mercuryo Hungary, China, Pakistan, Bangladesh, Chile, Colombia and Morocco; Gemini Custody the United Kingdom, Australia and the EU after its wind-down; Backed xStocks the US, Canada, the UK, Australia, Nigeria, the Philippines and Venezuela.
- changed Thirteen rows list the only countries their terms serve: Coins.ph the Philippines, Spritz bill pay, Brex, Unchained, WisdomTree, Franklin BENJI and AnchorWatch the United States (with its territories for AnchorWatch), PRYPCO Mint the UAE, N26 crypto seven EU countries, Gemini Tokenized Stocks the EU, XNET the US, Canada and the UK, Coldbit Steel and MetaMask Card the countries they list.
- changed Published (no-country) orders do not move. Country results change: in India six categories each lose one row (bill pay, cards, off-ramps, P2P, seed backup, tokenised real estate), and bill pay there has no row confirmed available, so it shows the published order marked as such; country pages list 23 fewer rows (24,357 to 24,334). The grounding test now matches full country names in any case, which shows seven earlier exclusions were quoted all along: the named debt of unquoted exclusions falls from 40 to 33 pairs.
- 10 October 2026
2026.10.6A criterion you require re-scores the rows that meet it · platform-wide- changed The explorer sends each criterion you require, at any band, as fit_required with your other answers; region, licence, chain and fact filters stay filters. On /best, a required criterion joins For you as a marked preference does, which needs your country; Overall stays the published ranking, filtered.
- added Every published criterion has a golden case as the explorer sends it (require:<criterion>), so the order a requirement gives is replayed and gated as the published order is, and a change to it needs an entry here.
Methodology 2026.10.18, the same published run every visitor sees · receipt crypto_neobanks:nexo-neobank:2026.10.18:de7616b99358
Are you Nexo? Reply to this verdict, or send evidence, ask for a correction or claim the listing. Every message gets a public ticket number; none of it changes a rank unless a public page or a signed statement supports it.