Nexo Introduces Free, Instant Crypto Transfers via Email And Phone
Nexo has announced a new feature that allows users to send and receive cryptocurrencies and stablecoins between accounts instantly and without fees.
This addition to the platform enables individuals to transfer crypto by simply entering the recipient’s Nexo platform-registered email or phone number, facilitating seamless peer-to-peer (P2P) transactions.
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Key highlights:
- Free transfers: Users can send crypto, including stablecoins, instantly and fee-free between Nexo accounts within the Nexo app.
- Integrated ecosystem: Recipients can seamlessly integrate with Nexo’s Exchange, Earn, Nexo Card, and Borrow services within the same versatile app, eliminating the need to juggle multiple apps.
- Global accessibility: Users can send cryptocurrency to other countries at no cost, with transfers settling instantly upon claim.
- Security first: The feature implements various security measures, including a maximum daily transfer limit and standard withdrawal limits.
- Enhanced user control: Senders have full control over their crypto transactions.
Nexo says the new feature empowers the community
Elitsa Taskova, Chief Product Officer, emphasized the significance of this new feature, stating, “With the introduction of email and phone transfers, we aim to empower our community to effortlessly share the benefits of crypto with their loved ones. In a world where technology often serves to divide, we envision a future where it serves to unite – where each exchange serves as a conduit to deeper relationships and collective prosperity.”
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In addition to its core offerings, Nexo has also made significant strides in the venture capital space. In early 2022, the company launched its investment arm, Nexo Ventures, which now boasts over 60 portfolio companies. It currently has a user base of over 7 million customers across more than 200 jurisdictions and a total processed volume of $130+ billion.
