Nexo

How to Spend USDC with Nexo

Mastercard • Custodial • Multi-chain

Cashback 0.5-2% NEXO
FX Fee 0-0.5%
Annual Fee $0
Network Mastercard

Step-by-Step: Spending USDC with Nexo

1

Sign Up & Verify

Visit Nexo and create an account. Complete KYC verification to unlock full card features.

2

Order Your Card

Request your Mastercard debit card. The virtual card is free — add it to Apple Pay or Google Pay instantly.

3

Load USDC

Deposit USDC to your Nexo account via Multi-chain. Funds are available for spending immediately.

4

Spend Anywhere

Use your card at 80M+ Mastercard merchants worldwide. USDC auto-converts to local fiat. Earn 0.5-2% back in NEXO on every purchase.

Key Features

✦ Credit + Debit mode
✦ Crypto loans
✦ Up to 14% APY
✦ Futures

Pros & Cons

✅ Pros

  • +0.5-2% cashback in NEXO
  • +No annual fee
  • +Dual card modes
  • +Borrow @ 2.9%

⚠️ Cons

  • −0-0.5% FX fee on foreign transactions

FAQ

Does Nexo support USDC?

Yes, Nexo supports USDC stablecoin spending. You can load USDC and spend it at any Mastercard merchant worldwide, with automatic conversion to local fiat currency.

What cashback does Nexo offer?

Nexo offers 0.5-2% cashback paid in NEXO. Rates may vary based on your tier or staking level.

Is Nexo self-custody?

Nexo is custodial. Your funds are held by the platform, which manages security on your behalf.

What are the fees for Nexo?

Nexo charges 0-0.5% in FX fees with an annual fee of $0. The card operates on the Mastercard network.

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