Updated September 29, 2026 · HodlCue Editorial Team
Nexo vs Wirex
Nexo
Wirex
Higher score in this comparison
What sets them apart
| Compare | NexoReviewVisitVisit | WirexReviewVisitVisit |
|---|---|---|
| Monthly fee | €0 | $0 |
| Currency conversion fee | 0.2% to 2.5% | 0%Lower |
| Free ATM withdrawals | €200 to €2,000 | $400 |
| Cashback rate | 0.1% to 2% | 8%Higher |
| Card network | Mastercard | Visa |
| Currencies | 100 | 150Higher |
Same on both: Card type (Debit), Custody (Custodial).
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Key differences
- Wirex scores higher overall: 9.2 vs 9.0.
- Nexo is licensed in 5 more countries.
- Nexo is available in 35 more countries.
- Currency conversion fee is lower at Wirex: 0% vs 0.2% to 2.5%.
- Cashback rate is higher at Wirex: 8% vs 0.1% to 2%.
- Currencies is higher at Wirex: 150 vs 100.
Our verdict on each
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.
Wirex
Wirex suits people who want one balance for crypto and everyday spending, with a monthly fee of $0, a conversion fee of 0% and an FCA licence in the UK. Budget for trading fees of 1.5% to 2.5%, and know your holdings sit with Wirex rather than in your own wallet.
Score breakdown
| Area | Nexo | Wirex |
|---|---|---|
| Cost | 9.1Monthly fee is €0 alongside conversion fees that run 0.2% to 2.5% for card spending. | 9.4HigherMonthly fee of $0 and a conversion fee of 0% keep everyday card running costs low, though trading fees run 1.5% to 2.5%. |
| Offer | 9.4Card type is debit with earn yield of 15% under custodial holding. | 9.6HigherCard covers 35 coins and 150 currencies, with a cashback rate of 8% and virtual cards in the feature set. |
| Trust | 8.7Holding is custodial with registration such as DCE100843695-001 in Australia. | 8.7 |
Positions in our rankings
| Ranking | Nexo | Wirex |
|---|---|---|
| Crypto staking and earn | 2 of 179 | 10 of 179 |
| Crypto debit cards | 2 of 145 | 12 of 145 |
Where each is licensed and available
| Country | Nexo | Wirex |
|---|---|---|
| Argentina | Not confirmed | |
| Australia | AUSTRAC (Australia) DCE100843695-001 | Not confirmed |
| Hong Kong | Companies Registry (Hong Kong) TC007556 | Not confirmed |
| Poland | Ministry of Finance (Poland) RDWW-533 | Not confirmed |
| Seychelles | Not confirmed | |
| United Kingdom | Not confirmed | FCA 902025 |
| United States | Not confirmed |
Available in 1 country for both. Additional countries for Nexo: 35.
What we checked
Nexo
- nexo.com: 10 facts, checked September 26, 2026
Wirex
- currencyexpert.com: 5 facts, checked September 26, 2026
- coincodecap.com: 4 facts, checked September 26, 2026
- budgetfitter.uk: 3 facts, checked September 26, 2026
- news.bitcoin.com: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | Nexo | Wirex |
|---|---|---|
| Features | Multi currency, Crypto, Virtual card, Custodial, Travel | Crypto, Custodial, Multi currency, Travel, Virtual card |
| Audience | Business | Not confirmed |
| Legal entity | Not confirmed | Wirex Limited |
| Headquarters | Not confirmed | United Kingdom |
| Founded | Not confirmed | 2014 |
| Support channels | Not confirmed | Chat, Help centre |
Crypto earn
| Fact | Nexo | Wirex |
|---|---|---|
| Yield | 15% | Not confirmed |
| Supported assets | BTC, ETH, NEXO, USDT, USDC, DOT, XRP, SOL, EURC | Not confirmed |
| Lock-up terms | Flexible with no lock-ups; fixed terms up to 12 months | Not confirmed |
| Regulators | Not confirmed | FCA |
Crypto exchanges
| Fact | Nexo | Wirex |
|---|---|---|
| Taker fee | Not confirmed | 1.5% to 2.5% |
| Coins listed | Not confirmed | 35 |
| Fiat deposit methods | Not confirmed | Card, Bank |
| Withdrawal fee | Not confirmed | Only gas fees |
| Exchange type | Not confirmed | Cex |
Where each stands against the rest
| Fact | Nexo | Wirex | Median |
|---|---|---|---|
| Currency conversion fee | 0.2% to 2.5%below the median | 0%below the median | 0.25 |
| Cashback rate | 0.1% to 2%at the median | 8%highest quarter | 2 |
| Currencies | 100above the median | 150above the median | 30 |
Median across 58 listed providers.
Pros and cons
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.
Wirex
Pros
- No monthly fee, with the card ranking top of the field on that measure in 379 brands
- Currency conversion at 0%, first for that measure across 237 brands
- Covered by an FCA licence, reference 902025
Cons
- Trading fees of 1.5% to 2.5% sit well above the site median of 0.2%
- Coins covered, 35, trail the site median of 62
- Support runs on chat and help centre only, with no phone line
Who each suits
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.
Wirex
Who it suits
- People who want crypto spending and card payments from one balance
- Travellers who convert and withdraw often, given the conversion fee of 0% and free ATM withdrawals of $400
- UK residents who want a regulated crypto debit card under an FCA licence
Who should look elsewhere
- Frequent traders, since fees of 1.5% to 2.5% sit far above the site median of 0.2%; Monzo Flex and Wise charge nothing monthly but carry no trading fees
- Coin collectors, as 35 covers fewer coins than the site median of 62
- Anyone wanting to hold keys themselves, since custody is custodial; Bitpanda also holds assets, so a self-custody wallet suits better
Current offers
Wirex
Current offer
Bonus
Up to 8% Cashback on Card Spend - Wirex: Up to 8% cashback
Earnings subject to eligibility
Source, checked September 26, 2026
Country by country
| Country | Nexo | Wirex |
|---|---|---|
| Argentina | Yes | No |
| Australia | Yes | No |
| Austria | Yes | No |
| Belgium | Yes | No |
| Bulgaria | Yes | No |
| Croatia | Yes | No |
| Cyprus | Yes | No |
| Czechia | Yes | No |
8 of 36 countries where either is available.
Questions about each
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.
Wirex
What does it cost to hold a Wirex card?+
The monthly fee is $0, so the card costs nothing to keep. Wirex places first of 379 brands on that measure. Converting currency is charged at 0%, and the real cost for traders is the trading fee of 1.5% to 2.5%.
What are Wirex trading fees?+
Trading fees run 1.5% to 2.5% on the exchange side of Wirex. That sits well above the site median of 0.2% and above the upper end of 0.8%. Buying and selling often will cost more here than on lower-fee venues.