How It Works & Better Alternatives

Nexo

 Crypto Card

Nexo offers a crypto spending card, but cashback is not available to all users. Rewards are locked behind a $5,000 minimum balance, a tiered loyalty system, and are only available in Credit Mode. UK users are excluded entirely due to regulatory restrictions.

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What is 

Nexo

?

Nexo is a crypto financial platform that allows users to spend cryptocurrencies like BTC, ETH, USDT, and USDC using a virtual or physical Mastercard. Crypto is automatically converted to fiat at the point of sale, enabling everyday purchases at over 100 million merchants. The card is currently available in the EEA and UK, with global expansion planned.

Nexo

 Limitations

Credit Mode Only

Only available in Credit Mode, not Debit Mode

UK Restricted

UK users are excluded entirely due to regulatory restrictions

Low Tiered Rates

Cashback rates are tiered, lower-tier users earn as little as 0.5% in NEXO or 0.1% in BTC

Traditional Cashback vs Oobit Cashback

Traditional cashback programs are often limited in value and speed.
The Oobit crypto card delivers a next-generation experience, instant, global, and crypto-native.

Nexo

Cashback

Up to 10%

Conditional cashback

Earning

Every payment

Loyalty tier required

Timing

Instant

Not guaranteed

Setup

Pay from wallet

Deposit required

Self-Custody

Card activation fee

Free

$5

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How Oobit Compares to 

Nexo

Oobit is built for users who want clear and predictable cashback from everyday crypto payments. Unlike Nexo, where rewards are locked behind minimum balances and loyalty tiers, Oobit offers consistent cashback on every payment with no conditions attached.

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The people’s money

Paolo Ardoino

CEO of Tether

״User-experience perfection. Oobit + $USDt for payments in real-life.״

Filipe Toledo

2x World Surf Champion

״Oobit makes crypto payments simple, intuitive, and accessible for everyone.״

Joseph Abehsera

Crypto Veteran & Influencer

״After 10+ years in crypto, I believe Oobit has the greatest opportunity to bring crypto to the masses.״

Roger Ver

Bitcoin.com

“Thanks to oobit anyone can now pay with BitcoinCash, Bitcoin, Tether, Ethererum and other Crypto anywhere... “

Sarah Nabaa

VeChain foundation

“How crypto should be- digital cash, instant and helping the unbanked. Tap and Pay for everyday things in-store with your $VET...”

Open your treasury, hold dollars, and start paying the world.

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Abra seu tesouro, guarde dólares e comece a pagar o mundo.

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Oobit Technologies 2026. © All rights reserved.

Oobit provides technology that enables users to spend digital assets through existing payment networks. Services are subject to regional availability and regulatory requirements. Oobit operates through multiple entities globally. Certain features may be provided by licensed partners depending on your location.

US Cryptocurrency services are provided in partnership with Bakkt Financial Solutions I, LLC. Bakkt is registered with FinCEN as a Money Services Business (MSB) and holds state money transmitter licenses.