Updated September 29, 2026 · HodlCue Editorial Team
COCA Card vs Nexo
COCA Card
Higher score in this comparison
Nexo
What sets them apart
| Compare | COCA CardReviewVisitVisit | NexoReviewVisitVisit |
|---|---|---|
| Currency conversion fee | 0%Lower | 0.2% to 2.5% |
| Free ATM withdrawals | $250 | €200 to €2,000 |
| Cashback rate | 8%Higher | 0.1% to 2% |
| Card network | Visa | Mastercard |
| Custody | Self custody | Custodial |
| Currencies | Not confirmed | 100 |
Same on both: Monthly fee (€0), Card type (Debit).
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Key differences
- COCA Card scores higher overall: 9.4 vs 9.0.
- COCA Card is available in 16 more countries.
- Currency conversion fee is lower at COCA Card: 0% vs 0.2% to 2.5%.
- Cashback rate is higher at COCA Card: 8% vs 0.1% to 2%.
- Features: only COCA Card offers Self custody.
- Features: only Nexo offers Multi currency, Custodial.
Our verdict on each
COCA Card
COCA Card suits crypto holders who want their balance to earn while they spend, rather than traders chasing exchange rebates. The monthly fee of €0, a currency conversion fee of 0% and cashback of 8% make everyday use cheap, though help centre and community is thin for anyone who wants to call.
Nexo
Nexo suits spenders who want crypto linked payments without a card subscription, plus earn options tied to platform balances. Monthly fee is €0 with currency conversion fees of 0.2% to 2.5% and ATM allowance of €200 to €2,000 across supported balances on Mastercard rails.
Score breakdown
| Area | COCA Card | Nexo |
|---|---|---|
| Cost | 9.4HigherMonthly fee of €0 and currency conversion fee of 0%, plus $250 in free ATM withdrawals. | 9.1Monthly fee is €0 alongside conversion fees that run 0.2% to 2.5% for card spending. |
| Offer | 9.5HigherCashback of 8% and a balance yield of 5% across Bitcoin, Ethereum and Solana, plus a recovery-service backup option. | 9.4Card type is debit with earn yield of 15% under custodial holding. |
| Trust | Not confirmed | 8.7Holding is custodial with registration such as DCE100843695-001 in Australia. |
Where each is licensed and available
| Country | COCA Card | Nexo |
|---|---|---|
| Argentina | Not confirmed | |
| Australia | Not confirmed | AUSTRAC (Australia) DCE100843695-001 |
| Hong Kong | Not confirmed | Companies Registry (Hong Kong) TC007556 |
| Poland | Not confirmed | Ministry of Finance (Poland) RDWW-533 |
| Seychelles | Not confirmed | |
| United States | Not confirmed |
Available in 34 countries for both. Additional countries for COCA Card: 18. Additional countries for Nexo: 2.
Positions in our rankings
| Ranking | COCA Card | Nexo |
|---|---|---|
| Crypto staking and earn | 1 of 179 | 2 of 179 |
| Crypto debit cards | 1 of 145 | 2 of 145 |
Cost in a real example
A year with 1,000 spent abroad
COCA Card
€0
12 × €0 + 0% of 1,000
Nexo
€2 to €25
12 × €0 + 0.2% to 2.5% of 1,000
COCA Card costs €2 less.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 26, 2026.
Sources behind this comparison
COCA Card
- docs.coca.xyz: 8 facts, checked September 26, 2026
- coca.xyz: 3 facts, checked September 26, 2026
Nexo
- nexo.com: 10 facts, checked September 26, 2026
Every fact side by side
| Fact | COCA Card | Nexo |
|---|---|---|
| Features | Crypto, Virtual card, Self custody, Travel | Multi currency, Crypto, Virtual card, Custodial, Travel |
| Audience | Not confirmed | Business |
| Legal entity | CCA Labs - FZCO | Not confirmed |
| Headquarters | United Arab Emirates | Not confirmed |
| Support channels | Help centre, Community | Not confirmed |
Crypto wallets
| Fact | COCA Card | Nexo |
|---|---|---|
| Wallet type | Mobile | Not confirmed |
| Price | $0 to $5 | Not confirmed |
| Backup options | Recovery service | Not confirmed |
Crypto earn
| Fact | COCA Card | Nexo |
|---|---|---|
| Yield | 5% | 15%Higher |
| Supported assets | Bitcoin, Ethereum, Solana | BTC, ETH, NEXO, USDT, USDC, DOT, XRP, SOL, EURC |
| Lock-up terms | No lockups | Flexible with no lock-ups; fixed terms up to 12 months |
Where each stands against the rest
| Fact | COCA Card | Nexo | Median |
|---|---|---|---|
| Monthly fee | €0at the median | €0at the median | €0 |
| Currency conversion fee | 0%below the median | 0.2% to 2.5%below the median | 0.25% |
| Cashback rate | 8%highest quarter | 0.1% to 2%at the median | 2% |
| Currencies | Not confirmed | 100above the median | 30 |
Median across 58 listed providers.
Pros and cons
COCA Card
Pros
- A monthly fee of €0 and a currency conversion fee of 0% make the card cheap to hold and to spend abroad.
- Cashback of 8% pays on card spend, and a balance yield of 5% pays on top of it.
- Custody is self custody, so keys stay with the account holder rather than a third party.
Cons
- Support runs on help centre and community only, so there is no direct line for account problems.
- Coverage is limited to Bitcoin, Ethereum and Solana, a small list next to rivals.
- Free ATM withdrawals of $250 sit below the median of €0 across the brands listed here.
Nexo
Pros
- Monthly fee is €0, keeping routine card upkeep free for regular spenders.
- ATM allowance spans €200 to €2,000, supporting cash access alongside card payments.
- Earn yield reaches 15% with lockup described as Flexible with no lock-ups; fixed terms up to 12 months, linking spending and rewards.
Cons
- Currency conversion fees run 0.2% to 2.5%, which exceeds Kraken at 0% and eToro at 0%.
- Balances remain in custodial custody, so private keys stay with the provider rather than with users.
- Support runs on chat, email and help centre only, which limits contact routes for users who prefer voice help.
Who each suits
COCA Card
Who it suits
- Crypto holders who already keep funds in self-custody and want a card attached to that balance
- Anyone who spends in several currencies and wants a currency conversion fee of 0%
- Savers who want a yield of 5% on a balance they can still spend
Who should look elsewhere
- Travelers who need a large free ATM allowance, where Wise is a better fit
- People who want to reach a person quickly, since Wise offers more support channels
- Buyers who need a long list of assets, where this card covers Bitcoin, Ethereum and Solana only
Nexo
Who it suits
- Spenders who want debit payments from crypto balances with monthly fee of €0.
- Travellers and cross border shoppers who accept conversion fees of 0.2% to 2.5% on Mastercard rails.
- Savers who want earn yield of 15% alongside card use in custodial custody.
Who should look elsewhere
- Users seeking the lowest conversion charges may prefer Kraken, since Kraken charges 0% against Nexo fees of 0.2% to 2.5%.
- Users wanting direct control of keys may prefer self custody wallets over Nexo, since Nexo custody is custodial.
Current offers
Country by country
| Country | COCA Card | Nexo |
|---|---|---|
| Andorra | Yes | No |
| Brazil | Yes | No |
| Chile | Yes | No |
| Colombia | Yes | No |
| Ecuador | Yes | No |
| Gibraltar | Yes | No |
| Indonesia | Yes | No |
| Malaysia | Yes | No |
8 of 54 countries where either is available.
Questions about each
COCA Card
Is there a monthly fee for the COCA Card?+
No. The banking account behind the card carries a monthly fee of €0, so holding it costs nothing each month. Currency conversion is charged at 0%, and card spend earns cashback of 8%. The account is a mobile wallet, so there is no separate software to buy or download.
What is the cashback rate and what does it pay on?+
Card spend earns cashback of 8%. That sits on top of a balance yield of 5%, so the money can earn while it is held and still be spent through the card. Lock-up terms are No lockups, so the balance can be moved or withdrawn without waiting out a term.
Nexo
What does the Nexo card cost to keep and use?+
Monthly fee is €0, so routine card upkeep carries no subscription charge. Currency conversion fees run 0.2% to 2.5%, which apply when spending across currencies. ATM allowance spans €200 to €2,000, which shapes cash access for frequent withdrawals.
How does the Nexo card work for payments?+
Nexo provides a debit card on the Mastercard network, referenced as Mastercard. Payments draw from crypto and fiat balances held on the platform. The structure suits users who prefer debit spending over borrowed credit.