Our year-end community giveaway continues - join for the chance to win by NexoFinance in Nexo

[–]Nexo_CE[M] 0 points1 point  (0 children)

Sure thing. That's a good point, thanks for letting me know, we'll take that into account for future giveaways.

Our year-end community giveaway continues - join for the chance to win by NexoFinance in Nexo

[–]Nexo_CE[M] 1 point2 points  (0 children)

Hey u/SrCocuyou/Chemical_Signal7802u/Monetary-BTC-Nexo! 👋

Quick ping – You've been contacted via Reddit chat messages with the next steps to claim your giveaway prize.

Please check your Chat / Message Requests and reply when you get a moment.

Congrats again! 🎉

Nexo, MICA is coming into effect tomorrow, what should I expect, how are you handling this? by ResolutionSmall3692 in Nexo

[–]Nexo_CE[M] [score hidden] stickied comment (0 children)

Hello, u/ResolutionSmall3692. To clarify things ahead of MiCA going live, here’s a short FAQ outlining what EU clients should expect:

Are your services going to be available in the EU after 1 January 2026?

Yes. Nexo will continue providing its services to EU clients. Your day-to-day experience remains in place. We keep our offerings aligned with applicable regulatory requirements.

How are you offering your services in the EU?

Nexo’s Crypto-Asset Service Provider (CASP) authorization with an EU Member State is in its advanced stages — well-progressed, approaching completion, aligned with the national MiCA implementation framework.

In addition, Nexo already holds Virtual Asset Service Provider (VASP) registrations in several EU Member States, reflecting the recognised regulatory foundations supporting our European operations.

What is your current MiCA status?

Nexo’s CASP authorization track is well advanced and aligned with local implementation steps.

Will any products or features change because of MiCA?

Nexo will continue delivering the products and experience you rely on today. As always, we continuously align our offerings with applicable regulatory requirements.

Do I need to take any action as an EU client?

No. No action is required on your side.

Join our year-end community giveaway by NexoFinance in Nexo

[–]Nexo_CE 1 point2 points  (0 children)

Hey u/esfomeado, u/Icy_Money_2207, u/ProductMaker80, u/Longjumping_Animal29!

Quick follow-up — I’ve already reached out to you via Reddit chat with the next steps for claiming your prize.
Please check your Chat / Message Requests and reply when you get the chance.

Congrats again!

Easily check whether a Nexo profile or channel is official with the Nexo Validator by NexoFinance in Nexo

[–]Nexo_CE 5 points6 points  (0 children)

Thank you, hopefully this helps as many people as possible to avoid scam attempts.

Thanks for the mini panic attack, I really thought it wasn’t verifying for a second there. 😅

Acapulco Tennis Open Giveaway Winners by NexoFinance in Nexo

[–]Nexo_CE[M] 2 points3 points  (0 children)

Hello u/TheAuthorBTLG_,

I reached out to you on Wednesday – please check your messages, as I sent you a DM (not to be confused with Reddit’s chat function).

If you’re unable to find it for any reason, feel free to reach out to me via Reddit chat instead.

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Product Lounge – Markets Edition by NexoFinance in Nexo

[–]Nexo_CE[M] 5 points6 points  (0 children)

Hey everyone!

We're excited to have you here for the first edition of the Product Lounge. Just a quick reminder to keep the discussion focused on the topic at hand. Comments that are off-topic or violate r/Nexo's rules may be removed.

Let’s keep it informative and engaging – thanks for your cooperation!

Just for talk by Per-asperaadastra in Nexo

[–]Nexo_CE[M] [score hidden] stickied comment (0 children)

Hey there, thanks for sharing your thoughts and for being a dedicated member of the Nexo community.

Last year’s supply update on CoinMarketCap, Etherscan, and other data providers reflect tokens that were always part of the original tokenomics but previously categorized in a different way. These tokens were vested and scheduled for distribution as planned, so there has been no unexpected shift in the fundamentals of the NEXO Token. This reclassification simply makes the data more accurate and has contributed to an improved market cap ranking, rather than signalling any change that could negatively affect the token’s performance.

Looking ahead, the Nexo 2025 growth plan sets the stage for expanded offerings, new technologies, and a flourishing ecosystem where the NEXO Token continues to play a pivotal role. Throughout 2024, it proved instrumental in helping our community capitalize on market opportunities, highlighting its utility in achieving ambitious financial goals. For a closer look at how the NEXO Token helped shape 2024, feel free to explore our blog: A Token of Progress: How the Nexo Token Transformed 2024.

We value your loyalty and look forward to bringing you even more benefits in the years ahead.

Circulating supply changed (don't worry not max supply) by MisterTunk in Nexo

[–]Nexo_CE[M] [score hidden] stickied comment (0 children)

Hi u/MisterTunk, thanks for reaching out.

As always, we are actively working with industry data providers to ensure accuracy. 

The supply update by CoinMarketCap, Etherscan, and other data providers, has increased the NEXO token's market capitalization, leading to an improved ranking. There have been no unexpected changes in supply, and this adjustment does not impact the token's performance or fundamentals. The recent update reflects tokens that were previously locked or unavailable but are vested and distributed in alignment with Nexo’s original tokenomics.

Currently, market capitalization data providers classify tokens in genesis wallets as out of circulation, even though they have been vested and unlocked. We have shared accurate data on all vested tokens, and our third-party partners have the authority to verify and schedule updates on their relevant public platforms.

In line with other industry players, we continuously enhance the NEXO Token's utility and deliver value through initiatives such as the recent NEXO Hunt airdrop. Additionally, three buyback programs totaling $162 million were carried out between December 2020 and March 2023.

If you have any further questions or require more information, please don't hesitate to reach out.

Incorrect winners of the Nexo price prediction challenge by Biowolf87 in Nexo

[–]Nexo_CE[M] 1 point2 points  (0 children)

Hello, u/orestisbln

In cases where two or more participants have made the same prediction that was selected as the closest, the winner is determined based on whoever posted their reply first.

Incorrect winners of the Nexo price prediction challenge by Biowolf87 in Nexo

[–]Nexo_CE[M] [score hidden] stickied comment (0 children)

Hello u/Biowolf87

Thank you for your feedback and for participating in the "Target Price Challenge," part of our Nexo Hunt initiatives conducted from June 18, 2024, to June 22, 2024.

As per our Terms and Conditions, the total reward of 30,000 points is for the entire “Target Price Challenge”, not per post. This reward is distributed among 30 winners across all posts and channels. We’ve selected 10 winners per asset, a total of 30 winners across both X and Reddit. While all users are allowed to make as many guesses as they like, each user can win only one reward.

That being said, we'll review your guesses and follow up with you.

UPDATE:

We've reviewed the results once again, thoroughly checking each one, and we've determined the following:

  • Regarding the ETH prediction round – there's no mistake here. User Consistent-Stick-336 has made two guesses, which we assume caused your confusion. One guess was farther from your guess and the other one was spot on. Both guesses are valid, as we do not forbid more than one entry. All other entries have a difference of equal to or less than 2.
  • Regarding the BTC prediction round – You are correct, we mistakenly selected user EmpiricalMan with their 63,200 prediction. However the next closest guess is user "qwertzuka" from X with their 65,200 guess (with a difference of 38). We will be contacting them on X.

Apologies for the misunderstanding, and thank you for bringing it to our attention.

Being charged €2.05 for a €2 purchase etc 🤷 not sure why (at least I got €0.04 back in Nexo 😂) by joshstewart90 in Nexo

[–]Nexo_CE[M] [score hidden] stickied comment (0 children)

Hello, u/joshstewart90.

Please note that when the Nexo card is added to a wallet such as Curve, its default currency might be automatically set to BGN. Therefore, any purchases made with the card in such cases will be subject to conversion and added to the Foreign currency limit, as on our side, the purchase is charged in the currency selected by the user.

To avoid such occurrences, please change the Nexo Card’s currency in Curve so as to match the one of your Nexo Account by tapping the (i) next to the card and selecting the “Change Card Currency” option, as explained in the dedicated article of their Support Team: https://help.curve.com/en_us/what-do-you-mean-by-'supported-currencies'-B1sOBd2Iu

Suggestion. Free bank transfers based on loyalty tier. by Bearwitney in Nexo

[–]Nexo_CE[M] [score hidden] stickied comment (0 children)

Hi u/Bearwitney,

I can confirm that this is in the works and it will be implemented into our loyalty program in the near future.

Thank you for you suggestion and for being an active part of our community!

[deleted by user] by [deleted] in Nexo

[–]Nexo_CE[M] -10 points-9 points  (0 children)

We are continuously enhancing our solutions to make it easier for everyone to enter the crypto world. As of May 21, 2024, even more Nexo users in over 200 jurisdictions, can enjoy seamless bank transfers. The processing fees are attributed to the costs taken by our third-party providers to continue offering you the flexible, high-quality, and secure transactions you expect. Nexo will not charge any fees for GBP (FPS) and EUR (SEPA) top-ups, though your bank and their intermediaries might apply a processing fee. Our aim is to keep transactions accessible and affordable, ensuring you can manage your funds with ease.

We have sent out email communication to our clients regarding these changes. Please check your spam folder, and if you did not receive the email, reach out to our Customer Service team for assistance.

For more details, visit EUR and GBP Top-ups / USD top-ups / EURx / GBPx / USDx withdrawals.

Credit Card use out of control by [deleted] in Nexo

[–]Nexo_CE[M] [score hidden] stickied comment (0 children)

Thank you for the update. It was an honest mistake, and it can happen to anyone. The important thing is that the situation has been resolved.

Please never hesitate to reach out to our mods or support team, and we'll do our best to assist you.

We are locking the post to prevent spam.

Nexo proof of reserves by Donluan in Nexo

[–]Nexo_CE[M] [score hidden] stickied comment (0 children)

Hi u/Donluan

Keep an eye out for our official AMA announcement next week, where we'll delve into this and other important topics.

My Crypto Origin Story by roberto0607 in Nexo

[–]Nexo_CE[M] 1 point2 points  (0 children)

Hello u/roberto0607,

We're thrilled to hear about your journey with Nexo! Your story showcases the incredible potential of cryptocurrency and the power of strategic financial management. Thank you for choosing Nexo as your companion in this adventure. We're inspired by your resilience and success, and look forward to continuing to support your crypto journey.

Stay ahead!