Are you frustrated by the lack of integration between traditional banking and digital currency? You’re not alone. If you’re a Citigroup client and you’d like to be able to use your card to buy Nexo Tokens, read on!
NexoFly – a popular news and information hub dedicated to cryptocurrency and blockchain developments – has a brilliant guide to acquiring tokens using standard bank transfers.
You can read ‘Can I Buy Nexo Tokens via Bank Transfer from Citigroup Inc.?’ for free via the NexoFly website along with a wealth of other resources and insightful pieces about the latest blockchain innovations and integrations.
Keep up to date with the latest blockchain business at NexoFly! Find more details at How to buy Nexo tokens via bank transfer from Citigroup
Learn how you can circumnavigate the issues relating to the direct and automatic purchasing of Nexo tokens. The article explains that Citigroup customers can use their cards to buy these tokens on certain digital exchanges but cautions that these types of transactions are yet to be universally accepted.
Nexo is a disruptive financial services provider, focused on bringing together FinTech expertise and blockchain technology. Since its inception in 2018, over 60 million people have joined the platform’s asset management program. A Nexo account allows you to purchase cryptocurrency and make cross-chain transfers without paying gas fees.
With its guide, NexoFly aims to make token acquisition just as simple for Citigroup customers like you. With traditional banks yet to fully embrace cryptocurrency, direct purchases of tokens such as Nexo are not possible at this time. However, as a Citigroup account holder, you can use a variety of digital asset exchanges to bridge the gap between the worlds of crypto and traditional banking.
The article points out that platforms like Kraken do accept fiat deposits via bank and wire transfers although card payments are currently unsupported. A more viable option for Citigroup cardholders is the Gemini exchange – a secure platform that is regulated by the New York State Department of Financial Services. Gemini accepts debit card payments for cryptocurrency, making this an option worth pursuing.
Other suggestions include eToro. This social trading platform allows you to follow and copy trades from expert investors and supports both credit and debit card payments. You might find success acquiring Nexo tokens on this exchange, NexoFly suggests.
Other options include using intermediary services to bridge the gap between old-style banking and cryptocurrency. These brokers facilitate the transfer of fiat money in exchange for digital assets and will normally charge for these services but once the setup is complete, you can often initiate automatic transactions.
NexoFly says, “Understanding the mechanisms of purchasing Nexo Tokens, whether directly or through digital asset exchanges, equips you with the ability to navigate the crypto world with confidence.”
Make doing business with crypto a whole lot easier. Get yourself over to NexoFly for the best insider tips!
If you are interested in investing in Nexo tokens via debit card from PNC Financial Services Group, check out this article as well!
