Training Example: Nexo – Review the Data, Give Your Score & Compare to the Real AI Evaluation

[H2] Frequently asked questions
[H3] How can I create an account on Nexo?
Signing up for a Nexo account is quick and straightforward:Open the Nexo platform or the Nexo app, and choose ‘Sign up’.Enter your email and choose a strong password.Confirm your email address.Complete your identity verification.New users must undergo a mandatory 24-hour cool-off period starting from the moment they complete their Identity Verification. During this period, interaction with our services is restricted, although you can complete the required assessments.Fill out an Investor Categorisation.During this stage, we will ask our users to specify their investor type — sophisticated (experienced), high net worth, or restricted investor. Additionally, we will gather any necessary information to confirm their investor type, such as the proportion of their assets invested and assets they intend to invest in higher-risk products (like cryptoassets) in relation to their overall net assets. This FCA-established categorisation enables users to take more financially sound investment decisions. You need to successfully complete the Investor Categorisation to proceed with the Appropriateness Assessment. You have the opportunity to retake the Investor Categorisation until you successfully complete it.Complete an Appropriateness Assessment.We will ask our users to complete a set of multiple-choice questions, focused on general knowledge about crypto trading, as well as specifics on the Borrow and Earn products, to assess users’ awareness of the risks involved in cryptoassets and cryptoasset-derived products and services. Required by the FCA, this will help verify that you make informed and proportionate investment decisions. If you do not successfully complete an Appropriateness Assessment, you can retake it immediately. If you do not pass on the second attempt, you will be able to try again after 24 hours.If you are a new client to Nexo, you may find it useful to review our step-by-step registration guide first. It will guide you through every phase of our onboarding including the Investor Categorisation and Appropriateness Assessment. You can also find out more here.Creating a Nexo account is unavailable to clients residing in jurisdictions, in which we do not operate.
[H3] How do I start earning interest?
After you create your account, and complete an assessment of your general knowledge about crypto trading, you’re required to pass the Earn Assessment to verify your understanding on the specifics of the Earn product. Once completed, you only need to buy or transfer crypto to your account and you’ll automatically start earning daily interest on your digital assets with our Flexible Savings offering.
Note: You’ll start earning interest the next day after your transfer. Keep in mind that, except for the NEXO Token, assets used as collateral for our Credit Lines will not earn interest.
[H3] What cryptocurrencies can I buy and hold on Nexo?
Bitcoin, Ethereum, Solana, USDC and over 100 more cryptocurrencies are available on Nexo. View a full list of assets here.To purchase any asset:Tap the ‘Buy’ button on the Nexo app dashboard.Select your asset and enter the amount you would like to spend.Enter your credit or debit card details. Confirm your purchase and you’re done.
[H3] How can I receive a Credit Line against my crypto?
Once you complete the Borrow Assessment to verify your understanding on the specifics of the Borrow product, and top up crypto assets, you can immediately access your Credit Line. It shows you how much funds you can borrow to your bank account or to your Nexo account in the form of stablecoins like USDT or USDC.
To receive a Credit Line, you need to:1. Open the Nexo platform or the Nexo app.2. Buy or top up crypto assets.3. Tap the ‘Borrow’ button оn the dashboard.
Visit our Help Center for more detailed information.

[H2] Security at your fingertips.
[H3] SOC 2 & SOC 3 Type 2 audits

Successfully completed for three years in a row with recognition from the American Institute of Certified Public Accountants (AICPA).
[H3] Multi-layer authentication
Stay on top of your account at all times with SMS verifications, email verifications, and authenticator app support.
[H3] Biometric identification
Access your digital wealth with fingerprint or face recognition technology.
[H3] Real-time alerts
Stay on top of your digital wealth with instant notifications for all account activities.
[H3] Digital signature of trust
Verify the authenticity of all official communication from Nexo with a unique anti-phishing code.
[H3] AES 256-bit SSL
World-class solid methods used in modern encryption algorithms, protocols, and technologies.

[H2] Frequently asked questions.
[H3] How does the Nexo Credit Line work?
Unlike traditional loans that consider your credit score, Nexo offers a crypto-backed Credit Line that uses your digital assets as collateral. Here’s how it works:Receive crypto and transfer it to your bank in your preferred currency.Receive USDT or USDC to your Nexo account.To start utilizing your Credit Line, follow the steps detailed in our dedicated Help Center article.
[H3] Can I open multiple Credit Lines?
No — you only have one Nexo Credit Line, which stays open and ready whenever you need it. You can use multiple assets as collateral, add more to boost your borrowing power, or repay and borrow again anytime.
[H3] Can I borrow crypto without a credit check?
Yes, you can borrow crypto without a credit check. With the Nexo Credit Line, your digital assets serve as collateral, so there is no requirement to go through a credit check.
[H3] Will I pay taxes if I borrow?
When you borrow against your crypto you may avoid the taxable events associated with selling it. Tax treatment depends on the individual circumstances of each client and may be subject to change in future. Not financial or tax advice.
[H3] What is LTV, and what happens if it rises?
Your Loan-to-Value (LTV) ratio shows how much you’ve borrowed compared to the value of your crypto collateral.
If the market value of your crypto drops, your LTV rises. When it reaches a certain threshold, Nexo automatically repays part of your Credit Line using a portion of your collateral — helping you maintain balance.
Learn more in our Help Center article.
[H3] Can I add, remove, or swap collateral?
Yes, you can add more crypto to lower your LTV, remove part of your collateral when your line is healthy, or swap collateral to exchange assets without closing your Credit Line.
[H3] What is an automatic repayment?
When your collateral value drops, a portion of it automatically covers the owed amount, reducing your balance and keeping your Credit Line stable. Learn more in our dedicated Help Center article.
[H3] How do I repay my Credit Line?
You can repay your Credit Line anytime — in crypto or stablecoins.
You only pay interest for the days you have an outstanding credit. Once you repay, your borrowing limit refreshes automatically, so you can draw funds again whenever you need them.
Find more details in our dedicated Help Center article.
[H3] When do I get my collateral back?
Once your Credit Line is fully repaid, your collateral becomes available immediately. You can withdraw it, keep it in your Nexo account, or continue using it for future borrowing needs.

[H2] Frequently asked questions.
[H3] What is a crypto card?
A crypto card is a payment card that lets you spend digital assets like Bitcoin, Ethereum, or stablecoins in the same way you’d use a traditional debit or credit card. It connects your crypto wallet to everyday spending, allowing you to pay in-store or online without needing to manually convert assets beforehand.
The main advantage of a crypto card is real-time conversion — your crypto is automatically exchanged at the moment of the transaction. This gives you a flexible way to use digital assets for everyday purchases, while maintaining control over your wallet.
The Nexo Card is a dual-mode crypto card that lets you seamlessly switch between Credit Mode, borrowing against your crypto, and Debit Mode, spending your crypto directly.Learn about the risks of Nexo Earn & Credit Line.
[H3] How does the Nexo Card work?
The Nexo Card is a crypto card that can be used in Credit or Debit Mode. In both modes, it connects to your available balance to provide you with liquidity for your everyday expenses, online purchases, subscriptions, and more. The following two modes can be changed at any time and as often as you’d like.Credit Mode:Credit Mode allows you to make purchases without having to sell your valuable crypto. It also helps you retain the upside potential of your crypto while using its value in everyday life.To learn more about Credit Mode, visit our dedicated Help Center article Learn about the risks of borrowing.Debit Mode:Debit Mode can help you grow your savings while having them available to spend at any time. It’s an easy and rewarding way to spend your digital assets, while earning daily compound interest.To learn more about Debit Mode, visit our dedicated Help Center article.Learn about the risks of Nexo Earn.
[H3] Is the Nexo Card free?
The virtual Nexo Card can be activated once you have at least $50 to your Nexo account. You can spend that balance as soon as your card is activated.
There’s also free shipping for the physical Nexo Card. To order a physical card, you need an account balance above $5,000 worth of digital assets and at least a Gold Loyalty Tier.
[H3] Who can order a Nexo Card?
The Nexo Card is currently available only to citizens and residents of selected European countries, including the European Economic Area (EEA) and the United Kingdom. To be eligible, you must complete Identity Verification with a supported identity document issued in the EEA, the United Kingdom, or another eligible country in Europe.
[H3] How to activate my crypto card?
There are two types of Nexo card, a virtual and physical one. Activating your virtual Nexo Card is almost instantaneous and done through your Nexo app. For a detailed step-by-step guide, visit our Help Center article.To order and activate your physical Nexo card, follow the steps detailed in this Help Center article.
[H3] How many free ATM withdrawals am I entitled to per month?
Depending on your Loyalty Tier, you can enjoy free ATM withdrawals up to a specific amount:Base: Up to €200 / £180Silver: Up to €400 / £360Gold: Up to €1,000 / £900 Platinum: Up to €2,000 / £1,800 Once you reach your free withdrawal limit, you’ll be charged a 2% fee (minimum of 1.99 EUR/GBP) per additional withdrawal until your monthly limit resets again.
[H3] Are there any foreign transaction fees?
Yes, the respective foreign transaction (FX) fees depend on the day of the week of the transaction:FX Fees on WeekdaysEEA/UK/CH: 0.2%ROW: 2%FX Fees on WeekendsEEA/UK/CH: 0.7%ROW: 2.5%
[H3] How does the Nexo Card crypto cashback campaign work?
Until May 31st, 2026, UK Nexo Card clients can earn cashback in NEXO Tokens on eligible purchases made in Debit Mode. To participate, add funds, switch to Debit Mode, and spend as you normally would.
Your crypto cashback rate depends on your Nexo Loyalty Tier at the time of the transaction. The rates are as follows:
No Loyalty Tier — 0.50% crypto cashback rate, capped at $10 per month.
Base Tier — 1% crypto cashback rate, capped at $50 per month.
Silver Tier — 1.5% crypto cashback rate, capped at $100 per month.
Gold Tier — 2% crypto cashback rate, capped at $150 per month.
Platinum Tier — 4% crypto cashback rate, capped at $200 per month.
Your Loyalty Tier is determined by the percentage of your Nexo portfolio held in NEXO Tokens. The more NEXO you hold relative to your total portfolio, the higher your tier — and the higher your crypto cashback rate. You can check your current tier in the Nexo app under your profile.
Eligible purchases made using your Nexo Card in Debit Mode during the promotional period qualify. Credit Mode transactions are not included in this campaign. Certain merchant categories are excluded — full details are available in the Terms & Conditions.
Crypto cashback is credited to your account after the transaction settles. Spend beyond the cap in a given month will not generate additional cashback.
The full Terms & Conditions for this campaign are available here.