­čÄČ WhatÔÇÖs New In March: The Latest Nexo Card Upgrades

3 min read
New Features

Welcome to your March recap! This month, the star of the show is the Nexo Card ÔÇô your bridge between crypto and everyday life.

Can't watch the video? Check out the transcript below to catch up in your own time ­čĹç.

Recap of Credit and Debit Mode

To kick things off, we recap what makes the Nexo Card unique.

Mitko: ÔÇťThe Nexo Card is the first product to offer Credit and Debit đťode for complete flexibility when spending. With Credit Mode, you borrow against the assets you donÔÇÖt want to sell, like Bitcoin, to book a trip, buy a laptop, or finance other items on your shop list. In this way, you not only hold your digital assets but also get up to 2% crypto cashback when spending.ÔÇŁ

Mitko: ÔÇťIf you decide itÔÇÖs time to spend your crypto, Debit Mode allows you to do that. You can make small and big purchases by using all assets in your account, including stablecoins. Since thereÔÇÖs no moving funds to separate wallets, you will be earning interest on your digital assets one moment, and spending them the other, with no extra effort. You can switch between the two modes as often as youÔÇÖd like depending on the purchase. Now let's dive into the first upgrade thatÔÇÖs going to make your Nexo Card experience even better.ÔÇŁ

Now that you have the basics of both modes, itÔÇÖs time to start with our first update.

Spending Priority in Debit Mode

This one is dedicated to making your Debit Mode experience even better.

Mitko: ÔÇťYou can now easily manage which assets are used for Debit Mode purchases and their order of spending to ensure youÔÇÖre always in control. Why is that important? LetÔÇÖs say you donÔÇÖt want to use Bitcoin for your new laptop but instead would pay with stablecoins.ÔÇŁ

Mitko: ÔÇťTo do that, go to the Card tab on your Nexo app. Tap Card Mode and select Debit Mode. Choose the icon above the list and disable the assets you donÔÇÖt want to spend. You can also change the spending priority of your assets with a simple drag and drop. And thatÔÇÖs how easy it is to HODL your Bitcoin instead of spending it with Debit Mode.ÔÇŁ

Enhanced Transaction History

The second update applies to both modes and can help you track your transactions better.

Mitko: ÔÇťWe've recently made reviewing your expenses even easier. Your Nexo Card transactions are now assigned into different categories, with information about the merchant."

Mitko: ÔÇťYou can find your purchases under Transactions in the Card tab of your Nexo app. Simply tap on the transaction of your choice and get an overview of your purchase. WeÔÇÖre working towards evolving this feature into a complete analytics hub to offer you a more detailed breakdown of your spending habits.ÔÇŁ

The Nexo Card Holiday Spending Report

Find out how many Bitcoins were saved from the market during the 23/24 festive season and which mode was preferred.

Read Report

Stay tuned for our next episode of 'What's New', where we'll continue to share the latest product developments and innovations at Nexo.

Kriptolar─▒n─▒z Sizin ─░├žin ├çal─▒┼čs─▒n

45+ itibari para biriminde an─▒nda bor├ž alman─▒za izin veren ve aktif kullan─▒lmayan varl─▒klar─▒n─▒za g├╝nl├╝k faiz kazand─▒ran tek kripto para hesab─▒

Her ┼čey haz─▒r. Sadece en iyi arkada┼člar─▒n─▒zla payla┼č─▒n!