Is Nexo available in Germany?
Nexo serves residents of Germany as a custodial crypto platform, offering its crypto backed credit line, in app Exchange, and the Nexo Card for residents of the European Economic Area. Reporting in June 2026 indicated Nexo built its Markets in Crypto Assets compliant structure under supervision of the German Federal Financial Supervisory Authority (BaFin).
Information, not advice. This is general information, not legal, tax, or financial advice. Verify the current rules with a qualified local professional and the official regulator before acting.
How we checked this. We set this status by reading the platform's own terms of use and country eligibility, and the public register kept by the named regulator, then dated the result. Availability can change, so confirm directly with the platform and the regulator before acting. As of 26 June 2026.
Yes. As of 26 June 2026, Nexo is available to residents of Germany and offers a custodial account with a crypto backed credit line, an in app Exchange for swaps, savings features, and the Nexo Card for eligible European Economic Area residents. Public reporting in June 2026 indicated that Nexo established a Markets in Crypto Assets compliant structure supervised by the German Federal Financial Supervisory Authority (BaFin), the same regulator that oversees crypto asset services in Germany, so confirm the current authorisation before acting.
Availability for Germany residents
As of 26 June 2026, Nexo is reachable by residents of Germany and lists Germany among the European Economic Area countries it serves, including for the Nexo Card. The German regulator is the Federal Financial Supervisory Authority (BaFin, the Bundesanstalt für Finanzdienstleistungsaufsicht). Holding, buying, and selling crypto is legal in Germany for residents, and the focus of this page is the authorisation status of the Nexo platform rather than whether owning crypto is allowed.
Across the European Union, crypto asset service providers are now expected to operate under the Markets in Crypto Assets (MiCA) framework. Public reporting in June 2026 indicated that Nexo established a Markets in Crypto Assets compliant structure supervised by the Federal Financial Supervisory Authority, effective early June 2026, having previously held no such authorisation. Germany set its transitional period to end on 31 December 2025, earlier than the wider European Union deadline of 1 July 2026, so a BaFin supervised structure is significant for German users.
Because this position is recent and can change, treat the precise scope of products offered to German residents as something to confirm on the Nexo platform and with the Federal Financial Supervisory Authority. Some Nexo products, such as the Nexo Card, are limited to residents of the European Economic Area and the United Kingdom, while other features can vary by jurisdiction. The status on this page is stated as of 26 June 2026.
Access, KYC, and products
Nexo is a custodial platform, which means it holds the assets in your account on your behalf rather than giving you the private keys. German users typically open an account through the Nexo app or website, complete identity verification (know your customer, or KYC) using a government issued identity document, and fund the account by transferring crypto from another wallet or by buying crypto with a bank card.
The core products available to eligible European users include a crypto backed credit line, which lets a user borrow against crypto held as collateral without selling it, an in app Exchange for swapping one asset for another, and savings or yield features whose availability depends on local rules. The Nexo Card, a Mastercard issued for residents of the European Economic Area and the United Kingdom, lets eligible users spend from their balance or borrow against it.
The exact product mix depends on local rules and on the authorisations Nexo holds, so confirm what is offered to German residents on the platform itself before funding an account. This page describes general availability and does not recommend any product.
How crypto is taxed in Germany
Germany taxes crypto for individuals under its income tax rules, with guidance issued by the Federal Ministry of Finance (Bundesministerium der Finanzen). In general terms, gains on crypto held by a private individual can be free of tax where the asset has been held for longer than one year, while disposals within a year may be taxable as a private sale once an annual exemption threshold is exceeded, and income such as staking rewards can be treated differently (as of 26 June 2026).
Rules and thresholds change and depend on personal circumstances, so confirm the current treatment with your local tax office (Finanzamt) or a qualified adviser. See the Germany crypto tax page for a fuller explanation. This is general information, not tax advice.
Several major platforms serve German residents under the European Union Markets in Crypto Assets framework. Availability and products vary, so compare the exchanges that are genuinely available in Germany before you choose.
Every availability status here is dated and checked against the named regulator's public register. We never place a link to a platform where it is not available.
Regulator and sources
The German regulator for crypto asset services is the Federal Financial Supervisory Authority (BaFin), operating under the EU Markets in Crypto Assets framework coordinated with the European Securities and Markets Authority. The position below is stated as of 26 June 2026 and should be confirmed on the primary sources.
- Federal Financial Supervisory Authority (BaFin), registers and guidance on crypto asset services under the Markets in Crypto Assets framework.
- European Securities and Markets Authority (ESMA), the register of authorised crypto asset service providers across the European Union.
- Nexo Help Center, the page on the jurisdictions in which its products are available and the countries served by the Nexo Card.
- Reporting in June 2026 that Nexo established a Markets in Crypto Assets compliant structure supervised by the Federal Financial Supervisory Authority.
Frequently asked questions
Is Nexo available in Germany?
Yes. As of 26 June 2026, Nexo serves residents of Germany, offering a custodial account with a crypto backed credit line, an in app Exchange, savings features, and the Nexo Card for eligible European Economic Area residents. Confirm the current product scope on the Nexo platform and with the Federal Financial Supervisory Authority.
Does Nexo hold a German crypto authorisation?
Reporting in June 2026 indicated Nexo established a Markets in Crypto Assets compliant structure supervised by the German Federal Financial Supervisory Authority (BaFin), having previously held no such authorisation. Verify the current status on the registers of the Federal Financial Supervisory Authority and the European Securities and Markets Authority.
Is the Nexo Card available in Germany?
Yes. Germany is part of the European Economic Area, and Nexo lists European Economic Area countries among those eligible for the Nexo Card. Physical card issuance has at times been paused, so check the current position in the Nexo app.
Is it legal to use crypto in Germany?
Yes. Holding, buying, and selling crypto is legal for residents of Germany, supervised by the Federal Financial Supervisory Authority. The open question on this page is the authorisation of the Nexo platform, not whether owning crypto is allowed.
How are Nexo gains taxed in Germany?
Germany taxes crypto under its income tax rules, with guidance from the Federal Ministry of Finance. Gains on assets held by a private individual for longer than one year can be free of tax, while shorter holdings may be taxable above an exemption threshold. See the Germany crypto tax page. This is general information, not tax advice.
Where can I confirm the current position?
Check the Federal Financial Supervisory Authority registers and notices, the European Securities and Markets Authority register of crypto asset service providers, and Nexo's own Help Center. Those primary sources are the most current way to confirm availability before acting.
Rules change frequently. Exchange availability and authorisations can change at short notice, and Nexo's European position is developing around the Markets in Crypto Assets transition, with reporting in June 2026 that it set up a structure supervised by the Federal Financial Supervisory Authority. The position on this page is dated 26 June 2026. Confirm the current status with the Federal Financial Supervisory Authority and the platform before you act.
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