To buy Nexo Token (NEXO), begin by downloading the Zengo application to establish a wallet. Next, select your preferred payment method, specify the desired NEXO amount for purchase, and verify the transaction. Shortly thereafter, your NEXO tokens will be visible in your Zengo wallet. Zengo collaborates with cryptocurrency payment platforms such as MoonPay, Transak, and BankSA to safeguard Nexo Token transactions and adhere to KYC (Know Your Customer) regulations. KYC involves a multi-step identity verification process designed to prevent fraudulent account creation. Platforms like MoonPay utilize government-issued identification documents, such as passports or state-issued ID cards, to verify customer identities.

Typically, acquiring Nexo Token (NEXO) through Zengo is a quick process, often completed within minutes. However, the specific duration can fluctuate based on variables such as the chosen payment method, network congestion, and the exchange partner involved. Once the transaction is finalized, Zengo will promptly notify you, and your NEXO tokens will be accessible in your wallet.

Buying Nexo Token (NEXO) on Zengo without completing ID verification is not possible due to security protocols. Before purchasing Nexo Token or any cryptocurrency via Zengo, undergoing identity verification is mandatory. This requirement is enforced by Zengo’s purchasing partners to adhere to anti-money laundering (AML) and know-your-customer (KYC) regulations.

Zengo works with purchasing partners who are regulated and compliant and follow the AML and KYC rules. You must be at least 18 years old and provide a valid ID to verify your identity and age before you can buy Nexo Token (NEXO) or any other crypto assets.

Zengo is a self-custodial wallet for cryptocurrency that is free to use. However, you will have to pay a fee when you buy, sell, or trade cryptocurrency. These fees include

• Network fees (not paid to Zengo)
• Exchange fees
• Service fees (paid only to the providers).

Zengo does not apply any hidden fees or markups on the exchange rate. The fee amount may vary depending on the payment method, currency, and operator. Before you confirm your payment, Zengo provides you with a clear breakdown of all applicable fees.

Note: Zengo Pro users benefit from reduced service fees.

Please note: Zengo fees may vary by country. For specifics, visit the Zengo Fees webpage

Nexo Token (NEXO) is considered a reliable alternative to traditional trading assets. However, like other cryptocurrencies, it’s prone to fluctuations. The protection of your Nexo Token depends on the reliability of your crypto wallet, and Zengo assures the preservation of your NEXO through its advanced security features.

Indeed, the process of acquiring Nexo Token (NEXO) through Zengo is meticulously protected. Zengo provides a secure and intuitive platform for obtaining Nexo Token and various other cryptocurrencies. By employing advanced cryptography techniques such as Multi-Party Computation (MPC), Zengo ensures the security of your wallet without the need for a seed phrase or private key. This cutting-edge technology, trusted by reputable institutions to safeguard significant crypto assets, forms the foundation of Zengo’s security framework. Additionally, Zengo hosts the biggest open-source MPC library in the world and holds numerous patents in pioneering crypto wallet security. The account recovery process is reinforced through a combination of email verification, 3D FaceLock authentication, and a Recovery File. Zengo offers ongoing customer support, ensuring assistance is readily available. Since its establishment in 2018, Zengo has maintained an impeccable track record, with zero instances of wallet hacking or theft.

Zengo is accessible in over 180 countries and regions worldwide. For added convenience, you can check if our exchange Gateway partners (Moonpay, Banxa, and Coinmama) are available in your country.

You can also sell and swap Nexo Token (NEXO) on Zengo. 

To sell Nexo Token (NEXO), you can choose the sell option on the app and enter the amount of Nexo Token (NEXO) you want to sell. You will see the exchange rate and the fees before you confirm the transaction. You will receive the fiat money in your bank account or your preferred payment method.

To swap Nexo Token (NEXO), you can choose the swap option on the app and select the crypto asset you want to swap with Nexo Token (NEXO) or any other asset. You will see the exchange rate and the fees before you confirm the transaction. You will receive the swapped crypto asset in your Zengo wallet.