Buy Ethereum With Credit or Debit Card • Nexo

Ethereum (ETH) price performance.

The current Ethereum price is $3,022.90 as in the last 24 hours its value has changed by -8.07%. Ethereum ranks number 2 in terms of market capitalization. Ethereum is a decentralized currency, which means you can buy, sell, and exchange it without having to rely on traditional monetary systems.

What Is Ethereum?

Ethereum is a decentralized blockchain platform that enables developers to build decentralized applications (dApps) on top of its blockchain. Launched in 2015 by Vitalik Buterin, Ethereum has become one of the most popular blockchain platforms in the world, thanks to its robust ecosystem, active community, and innovative features. Ether (ETH) is Ethereum's native cryptocurrency and serves multiple purposes on the platform. It can be used to pay gas fees on the Ethereum network and as a means of participating in the platform's governance system. Two of Ethereum's most important characteristics are its interoperability and scalability. The former refers to Ethereum's ability to connect and communicate with other blockchain networks and platforms, which allows for greater functionality and compatibility. Scalability, on the other hand, refers to Ethereum's ability to handle large volumes of transactions and data without compromising its performance or security. In September 2022 Ethereum went through a major upgrade called The Merge, dubbed one of the most significant upgrade events for the industry because of its complexity. It involved the transition from the Proof-of-Work consensus algorithm to a more efficient Proof-of-Stake algorithm, with the purpose of reducing energy consumption, further improving scalability, and increasing security. Consequently, that mandated validation of the transactions on Ethereum to happen through the act of staking rather than mining. Although much awaited, the Merge is just the beginning of a series of major updates Ethereum has to undergo in order for Vitalik’s vision to be completed.

Optimize the value of your Ethereum.

Exchange

Swap assets for ETH with fixed price execution on Nexo’s crypto exchange.

Credit Line

Borrow funds from 2.9% interest without selling any of your Ethereum.

Nexo Card

Spend your funds on Credit and Debit Mode from a single card and earn interest on your spendable balance.

Send Ethereum

Make free Ethereum transfers to your family or friends as long as they have a Nexo account.

Purchase ETH in 3 steps.

After verifying your account:

1. Select an asset

Click on the “Buy” button on your Dashboard and select the desired asset.

2. Enter an amount

Select the amount you want to buy and choose your payment method.

3. Complete the purchase

Preview your transaction details, and confirm the purchase. It's that easy!

Buy Ethereum

Why choose Nexo to buy Ethereum?

Buy seamlessly

Purchase ETH with card or bank transfer and get up to 0.5% in crypto cashback.

Optimal pricing

Get competitive rates across top 10 exchanges.

Peace of mind

Benefit from robust infrastructure security.

Find answers to all your questions about buying Ethereum on Nexo.

How to buy Ethereum with a card?

First, you have to verify your identity which only takes a couple of minutes. Once you pass verification, then:

From the Dashboard, tap on the “Add Funds” option and select the “Credit/Debit Card”.
Pick Ethereum and enter how much you would like to spend.
Enter your credit or debit card details.
Confirm your purchase and you’re done! Your funds will appear in your Nexo account.

By making a successful purchase of crypto, your card details are automatically saved so you can select that card for future transactions. There is no limit as to how many cards you link to your account.

How to buy Ethereum with a bank transfer?

You can top up funds from your local bank via a bank transfer. EUR and GBP transfers arrive quickly, while USD wires generally take up to 2 business days to be reflected in your account.

Once your funds arrive, simply go to the Exchange tab inside the Nexo app and swap them for the amount of ETH you want.

How can I earn up to 0.5% in crypto cashback on ETH purchases?

To earn crypto cashback, ensure that at least 1% of your portfolio is in NEXO Tokens. Your cashback amount depends on your Loyalty Tier—the higher your tier, the more cashback you’ll receive.
If you want to get the maximum crypto cashback of 0.5%, join the Premium Loyalty Tier by holding at least 10% of your Portfolio Balance in NEXO.

Example

Let’s say you stay within Nexo’s Premium Loyalty tier and you buy $5,000 worth of ETH via the Nexo Exchange. That means you’ll get $25 worth of ETH in crypto cashback:

$5,000*0.05% = $25 in ETH

To find out the exact crypto cashback rates for each tier, visit our Help Center.

Note: The total crypto cashback paid are limited to up to $100,000 in exchange volume per month. That means you’ll be earning crypto cashback until your total monthly amount of swaps reaches $100,000. That limit resets back to $0 on the 1st day of each month.

How does Nexo take care of my ETH?

We use multiple custodians including Ledger Vault, Fireblocks, and others, to diversify our custodial infrastructure. Along with that we offer:

Strong 256-bit encryption and fraud monitoring mechanisms, ensuring the integrity of your funds.
ISO/IEC 27001:2013 accredited information management systems.
24/7 Client Care team providing personalized service that goes beyond the standard.

You can learn more about our fundamentals here.