Crypto

2 mins read

March 14, 2023

How to close a Nexo Account

A step-by-step guide on how to delete your Nexo account

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So you’ve decided to close your Nexo account. By this point, you’ve probably realized higher fees, slower customer support, and frequent system outages on Nexo are spoiling your entire crypto experience.

Hence, we are here to help you in the process of closing your Nexo account and helping you select a better crypto platform.

Things to Do before you close your Nexo Account

  1. As a Nexo user, you will have some crypto in your Nexo account. Before closing your account, you must withdraw crypto from your Nexo account to another crypto app. Also, withdraw any USD balances. Your total balance should be less than $0.1.
  1. You can withdraw your crypto to centralized exchanges like Kraken, Binance US, etc., or noncustodial wallets like Ledger, Metamask, etc. Alternatively, you can choose to withdraw your crypto to Juno by creating an account.
  1. Follow the necessary withdrawal process, and transfer your coins, one at a time, from Nexo. Depending on the network congestion, your crypto will be transferred in a few minutes to hours.

How to close or delete your Nexo Account

Closing your Nexo account is a simple step-by-step process that can be done directly on the Nexo website.

  1. Open your Nexo Account, click your profile icon, and select security.
  1. Under the security section, select the ‘Close account’ tab.
  1. Select the reason why you want to close the Nexo account and then press ‘Close my account’.
  1. You will be asked for final confirmation on a pop up, then press ‘Close my account’ again.
  1. Enter your 2FA code from your Authenticator App. Once done, you will get an email confirmation from Nexo that your account has been closed.

Need a crypto account without high fees or anxiety? We're here to help

With Juno, you can buy and sell crypto for zero fees directly from your FDIC-insured checking account.

To summarize, the Juno account offers

  1. Access to 35+ crypto coins with ZERO trading fees and better prices
  2. 5% yearly bonus on cash deposits up to $25k and a 4% yearly bonus on cash deposits over $25k and up to $250k
  3. FDIC-insurance for your cash deposits up to $250k
  4. Fastest on-ramp by directly buying crypto from cash in a checking account
  5. Quick and Hassle-free customer support

Sign up with Juno to get your crypto journey started.

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