Nexo, a digital assets industry, has recently rolled out the Dual Mode functionality on its signature Nexo Card. This feature allows users to switch between debit and credit modes easily using the Nexo app, providing spending adaptability and integrating digital currency into traditional financial operations. The Nexo Card is accepted by over 100 million merchants worldwide and offers up to 9% annual interest on balances. It is also equipped with an advanced fraud detection system and offers continuous support. According to co-founder and managing partner at Nexo, Antoni Trenchev, the launch of the Dual Mode feature “resets the standards for what customers can expect from their financial service providers.”

The Dual Mode feature simplifies cryptocurrency transactions and mitigates the challenges cryptocurrency users often face. It allows users to spend their available EUR, USD, and GBP balance or withdraw up to €10,000 in cash each month. Furthermore, users are not charged with excessive foreign transaction fees. The card is also equipped with an advanced fraud detection system and offers continuous support to ensure reliability.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	Europe
Countries	🇺🇸 🇬🇧
Sentiment	positive
Relevance Score	10
People	Antoni Trenchev
Companies	Mastercard, EUR, Nexo, USD, DiPocket, GBP
Currencies	Ethereum, US Dollar, British Pound, Euro, Bitcoin
Securities	None