Nexo vs Crypto.com

Nexo vs Crypto.com Comparison Table 2024
Nexo	Crypto.com
Review 3.9 Nexo is #15 in our crypto broker rankings.	Review 3 Crypto.com is #29 in our crypto broker rankings.
Traders from US accepted	Traders from US accepted
Nexo is a centralized crypto exchange founded in 2018 in Bulgaria and today operates across some 200 jurisdictions from its base in Switzerland. It provides services including spot trading, futures trading, peer-to-peer loans, cold wallet storage and fiat-on ramps to buy crypto tokens. The crypto firm is registered with some respected financial authorities, such as the ASIC, and offers some fairly unique additional services including a credit card.	Crypto.com is one of the biggest names in cryptocurrency trading, developed with the aim to expedite the world's transition to DeFi technologies. The crypto exchange offers token lending, pre-paid cards, NFTs and more. The firm was established in Germany in 2016 and its quality is proven by its 10 million active users.
Bonus Offer
Loyalty scheme with various bonuses, plus referral program and bonus paid to lenders on credit line
Comment by Reviewer
"Nexo gives crypto traders the capability to trade, invest, lend and borrow digital assets in one place, and it’s especially good for its credit functions that pay out very high yields to lenders. However, its fees are relatively high and many day traders will prefer a more tightly regulated crypto broker."	"Crypto.com is good for retail investors that want to speculate on the crypto markets with the security of an established and reputable exchange."
Pros
Reputable crypto exchange that has been in business since 2018 and has taken some steps toward regulation Nexo Pro is a user-friendly proprietary platform that suits day trading strategies with great charting features Value-add tools integrated into the trading platform including social media analysis and newsfeeds by asset Traders can access perpetual futures to open long or short positions on crypto assets, increasing strategic opportunities Nexo’s crypto staking and credit features support crypto lending and borrowing, and the yields lenders receive are among the best going Traders benefit from bonuses and incentives including free trading funds paid to lenders and cashback in the form of the exchange’s native Nexo token	Strong security measures with no historical reports of hacking incidents Low fees vs other established exchange platforms, including Coinbase Live status updates impacting access to app and exchange services Various ways to earn crypto coins or interest Visa card with cashback rewards
Cons
Although Nexo has registered with some reputable watchdogs, it is riskier to trade with than established crypto brokers like AvaTrade and Vantage High deposit and withdrawal fees for cards and e-wallets will price many traders out of the most convenient payment methods Very few educational resources are available, reducing its appeal to beginners who can find more helpful resources at category leaders like eToro High maker/taker fees mean day traders will pay more to trade derivatives than they would at rival exchanges like Binance The range of tokens is extensive compared to most crypto brokers but still much smaller than similar crypto exchanges like Kraken	Customer service is below-average with delayed help times when answering questions Not all features or coins are available to all locations due to local regulations Lack of educational resources, blog-style research or YouTube tutorial content The advanced trading platform is less suitable for beginners
Awards
Best Cryptocurrency Wallet – FinTech Breakthrough Awards, 2023 Best Use of Crypto and/or Blockchain in Financial Services – PAY360 Awards, 2022
Instruments
Cryptos	Cryptos
Demo Account
No	No
Minimum Deposit
$10	$0
Trading Platforms
Nexo Pro	Own
Payment Methods
Apple Pay Bitcoin Payments Credit Card Debit Card Google Wallet Wire Transfer	Bitcoin Payments Ethereum Payments TransferWise Visa
Minimum Trade
$30	0.0003 BTC
Margin Trading
Yes	Yes
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS & Android	iOS & Android
Android App Rating
4
iOS App Rating
3.8
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
No	No
Account Currencies
USD EUR GBP
Cryptocurrency
Nexo offers trading on an impressive suite of around 70 tokens, including Bitcoin. Digital assets can be bought, sold and swapped directly on the exchange or traded in over 500 pairs. Digital assets can also be used as collateral for fiat loans or used to generate passive income with the ‘smart staking’ tool or from interest earned via peer-to-peer loans.	Crypto.com provides access to more than 100 cryptocurrencies, including Bitcoin. All products can be purchased with leverage of up to 1:3 and trading fees follow an effective tiered commission structure.
Spread
N/A
Coins
BTC ETH NEXO USDT USDC AXS RUNE MATIC DOT APE AVAX KSM ATOM FTM NEAR BNB ADA SOL XRP LTC LINK BCH TRX XLM EOS PAXG UNI DOGE MANA SAND GALA SUSHI AAVE CRV MKR 1INCH DAI USDP TUSD	BTC CRO ETH XRP LTC EOS XLM USDC ATOM LINK XTZ BCH VET ICX ADA ENJ ALGO KNC NEO DAI PAXG BAT COMP OMG MANA QTUM CELR MKR UNI YFI BAND EGLD WBTC AAVE DOT REN ONT LRC CRV ZIL GRT BNT KSM SKL NEAR SNX BAL STX DOGE UMA FLOW SAND ZRX FIL THETA ANKR MATIC CHZ OCEAN WAVES RLY STORJ HOT 1INCH OGN ONE KAVA CHR SUSHI SOL AVAX NKN VTHO RARI AUDIO RSR SHIB RLC SC CKB FORTH INJ CTSI MIR TRB TFUEL AXS NANO GTC AMP BOSON IQ LUNA RUNE SLP KEEP FET PENDLE EFI ETC HNT PLA CQT QUICK YGG MASK DERC ALICE
Crypto Lending
Yes	Yes
Crypto Mining
No	No
Crypto Staking
Yes	Yes
Auto Market Maker
No	No

Review	Review