Nebeus Review: 2025: Fees, Features, Safety, Pros & Cons

Nebeus is a unique crypto platform that integrates crypto loaning, trading, and staking, along with fiat-to-crypto conversions and transactions between crypto accounts and banks.

The platform has been active since 2014 and offers a wide selection of crypto and fiat currency services, making Nebeus a multifunctional financial platform, which is quite rare in the crypto market. 

Let’s dive into the Nebeus review and find out exactly what features Nebeus provides. 

Pros & Cons of Nebeus

Pros

• Easy-to-use crypto borrowing service.
• Various crypto staking features.
• Supports crypto renting to the Nebeus platform.
• The platform is regulated and has an insured cold storage service for its users.
• The Nebeus Visa card allows users to spend their crypto and fiat currency at retail spots easily.

Cons

• A small selection of cryptocurrencies.
• The crypto exchange section of Nebeus charges higher fees than most popular exchanges.

About Nebeus

Nebeus has been on the crypto market for quite some time since it launched in 2014. The platform is registered in Spain, and during its initial operational phase, Nebeus was exclusively a peer-to-peer (P2P) lending platform for facilitating crypto loans.

During the first few years, Nebeus didn’t manage to reach a broader customer base. However, things changed when Nebeus shifted toward providing a centralized lending service. This means that instead of connecting lenders and borrowers like before, Nebeus became a lending entity that gives out crypto-backed loans to customers. 

Nebeus helps users bridge the gap between fiat and crypto by providing integrated traditional and digital currency services. Users can create a Nebeus crypto account, a money account, or both to connect their financial operations through the platform.

When you create both accounts, you can connect them and quickly receive or send crypto and fiat currency. Nebeus users can receive a crypto payment to their account and instantly send it to a fiat bank account with an IBAN transfer. Likewise, users can convert their bank account payments to crypto.

Moreover, the Nebeus money account lets users facilitate bank account transactions like any online banking service. However, users don’t need to worry whether their bank will accept a crypto payment because, in this case, Nebeus acts like a bank specializing in crypto-to-fiat conversions and transactions.

Also, users can pay their bills and receive their salary or any other type of fiat payment into their Nebeus money account. Essentially, Nebeus represents a crypto wallet and bank account in one platform.

On top of that, Nebeus provides simple crypto-exchanging services that let users purchase, sell, or swap various digital currencies along with selected fiat currencies. 

The company received one million USD in venture capital funding in 2019 from 240 investors. Nebeus raised funds through the Seedr crowdfunding platform. However, the British Business Bank also provided a portion of the finances and officially endorsed Nebeus. 

Crypto Coins Available on Nebeus

It’s important to note that Nebeus isn’t primarily a cryptocurrency exchange platform. In fact, the crypto exchange feature of Nebeus is an addition to the platform’s crypto account service that lets users store, send, receive, stake, and rent crypto. Because of this, Nebeus has a minimal selection of cryptocurrencies.

You can buy, exchange, and sell 12 cryptocurrencies, which is far less compared to most crypto exchanges. You’ll find Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Stellar Lumens (XLM), Dash (DASH), Litecoin (LTC), Algorand (ALGO), Avalanche (AVAX), Tether (USDT), USD Coin (USDC), Eos (EOS), and Bitcoin Cash (BCH) available for trading.

Apart from fiat loans, you can also take out loans in USDC and USDT stablecoins. The crypto renting service supports BTC and ETH, while you can stake EOS and AVAX. 

Nebeus has licenses for trading all of the cryptos available on the platform because it’s a regulated service. This is one of the key reasons why the selection of cryptocurrencies is so small. Only large-scale trading services with millions of US dollars worth of daily trading volume can quickly get licenses for many cryptocurrencies.

Fiat Currencies Supported on Nebeus

As far as fiat currencies are concerned, Nebeus supports USD, GBP, and EUR. Users can purchase crypto with these currencies, receive fiat payments to their money accounts, or initiate transactions to third-party bank accounts. Also, users can take out fiat loans in USD, EUR, and GBP. 

Countries Supported on Nebeus

Nebeus money accounts are available in all countries in the European Union. Crypto accounts are available for users worldwide, except for several global regions, such as Russia, Cuba, Burundi, Iran, North Korea, and a few additional countries.

Nebeus Fees

Nebeus charges different fees for the platform’s various services. If you’re looking to buy, sell, or exchange crypto, you’ll incur a fixed 0.35% trading fee. This fee is considerably higher than that charged by some larger crypto exchanges, which offer fees between 0.05% and 0.1%.

If you take out a quick loan, you’ll incur a 2.5% loan origination fee. The Nebeus crypto account and the basic Nebeus money account are free. The HODLer money account incurs a 4.5 EUR monthly fee, while the Nebeus Whale account incurs a 9.5 EUR fee.

Nebeus money transactions cost 1%, while all incoming fiat and crypto payments are free of charge. 

The Nebeus Visa card has a daily spending limit of 10,000 EUR, while the daily ATM withdrawal limit is 600 EUR.

Main Features of Nebeus

Firstly, Nebeus is a crypto lending platform that gives out crypto-collateralized loans. Users can take out fiat currency loans with their crypto deposits as collateral.

When you take out a loan on Nebeus, you’ll immediately get the cash in your Nebeus money account. You can then transfer it to a traditional bank, spend it with your Nebeus Visa card, or withdraw the money from an ATM.

When you borrow money from Nebeus, your crypto collateral is locked up on the platform. Once you pay back your loan and the interest rate, the platform releases the collateral back to your Nebeus crypto account.

There are two types of loans on Nebeus. You can take out a quick loan with an up to 50% loan-to-value (LTV) rate, i.e.,  the value of the loan in regard to the loan’s collateral. Essentially, you borrow up to 50% of your collateral’s value. So if you have 1,000 USD of BTC as collateral, you can borrow 500 USD from Nebeus. Quick loans have a three-month payback period with a 0% interest rate. However, you’ll incur a 2.5% loan origination fee. 

The second type of loan is the flexible loan with up to 80% LTV. The maximum amount of money you can borrow is 250,000 USD, while the maximum payback period is 36 months. The interest rates depend on how much money you’re borrowing and for how long, with rates between 6% and 13.5%.

Nebeus also offers an integrated crypto exchange feature where users can buy, sell, and convert several leading cryptocurrencies and a selection of the top fiat currencies. Furthermore, users can stake cryptocurrency to earn up to 7.5% annual percentage yield (APY) or rent their crypto to Nebeus for up to 12.85% APY. 

Additionally, Nebeus provides users with an integrated crypto wallet and banking service that allows users to accept crypto and fiat payments and initiate transactions with third parties. Finally, the Nebeus Visa cards let users spend their fiat and crypto funds everywhere where Visa is accepted.

How Easy Is It to Open a Nebeus Account?

Creating an account on Nebeus is simple, but you need to provide extensive personal information:

• The first thing you need to do is to go to the signup section of the Nebeus platform.
• Provide the basic information required by the platform, including your full name, email, country, and address.
• Choose the Open Account option, and your account is ready. However, before using Nebeus, you must go through several additional steps.
• Open your email account and check the email from Nebeus. Click on the email link and sign into your Nebeus account.
• It’s time to verify your personal information and identity.
• The first step is to verify your phone number by entering the code, which Nebeus will send you in a text message to the phone number you provide.
• Now, upload a photo of your official ID card and a real-time selfie video to prove your identity.
• Finally, provide proof of your address, such as a utility bill or a bank statement where the same address line from your ID is visible.
• When you’re done with the process, submit your information for verification, and Nebeus will get back to you shortly with a confirmation of your identity.
• Only after your identity is verified can you start using Nebeus.

How Secure Is Nebeus?

Nebeus provides users with several key security features that are standard for crypto platforms. When you create a Nebeus account, you’ll need to create a password to protect the account from unauthorized access. This is your primary protection. Nebeus allows users to use two-factor authentication (2FA) and add more security to their accounts. 

Furthermore, Nebeus has an insured cold storage feature with insurance of up to 250 million USD worth of funds. Nebeus provides this service in cooperation with the BitGo crypto custodian service provider.

Initially, users had to pay a monthly fee for this service. However, Nebeus has recently removed the fee and provides the service to platform users for free. It’s important to note that many crypto exchanges and lending platforms don’t offer insured crypto storage, making Nebeus stand out from the competition.

Has Nebeus Ever Been Hacked?

Nebeus doesn’t have any successful hacks in its eight-year-long history.

Is Nebeus Regulated?

Yes, Nebeus is a regulated crypto platform and has licenses to provide money services in the European Union and the UK. Nebeus doesn’t provide money services in other countries. However, the platform offers crypto services in most parts of the world. It also has a license from the Central bank of Ireland and the Bank of Spain. 

How Does Nebeus Compare to Other Crypto Exchange Alternatives?

Comparing Nebeus with other crypto exchanges is challenging because it isn’t primarily an exchange platform, and its trading features are very limited.

In terms of exchange features, we can compare Nebeus with Coinbase because all of the trading is done through the platform’s instant buy/sell feature. Coinbase uses a similar mechanism, allowing users to purchase or sell crypto for fiat currency quickly.

The main difference between these two platforms is that Coinbase has much higher trading fees, which can go beyond 1% per trade. However, Coinbase has a much higher selection of cryptocurrencies, with 130+ cryptos compared to only 12 digital currencies on Nebeus.

In terms of key services such as crypto lending and staking, Nebeus is best compared with Nexo, one of the largest and most popular crypto lending services. Nexo has considerably more crypto staking options than Nebeus, and users can earn interest on more than 30 different cryptocurrencies.

Regarding borrowing assets from Nexo, the platform supports stablecoin and fiat currency loans like Nebeus. However, Nexo supports more than 40 coins as collateral. This is much more compared to the 12 collateral cryptos on Nebeus.

Does Nebeus Have an App?

Nebeus has a mobile app for iOS and Android, which means you can use the platform remotely on a mobile device. Since Nebeus doesn’t have classic crypto trading features that require a trading interface, it’s convenient to use the platform on a mobile app.

The app is quite practical and makes it easy for you to access the price charts, technical analysis tools, and your money and crypto accounts. You can engage in activities such as crypto investing, taking out loans, staking, or renting crypto, and even top up your Nebeus Visa card from your mobile app.