Are Gnosis Pay and the Nexo Card available in the US?

Neither. Gnosis Pay covers 37 countries across Europe and Latin America (including the UK), with the US 'coming soon'. The Nexo Card is available only in the EEA, UK and Switzerland. Both are European cards; for a US-available card, look at ether.fi Cash or Coinbase instead.

Which is safer, Gnosis Pay or Nexo?

They carry different risks. Gnosis Pay is self-custodial — no one can freeze your balance — but it had a June 2026 exploit (~$265,000 drained per press reports, since patched) and a migration footgun where funds sent to an old Safe address are lost. Nexo is custodial — you carry counterparty and regulatory risk, plus forced-liquidation risk in Credit Mode — but it is professionally managed. Neither is deposit-insured.

Can I order a physical Nexo Card or Gnosis card?

Gnosis Pay ships a physical card as standard. Nexo paused new physical-card orders in January 2025 and, as of mid-2026, it's still paused — new Nexo users can only get the virtual card. If you want plastic in hand, that currently favours Gnosis Pay.

Card comparison

Gnosis Pay vs Nexo Card: spend or borrow against crypto?

By Matt Published 15 June 2026 Numbers verified 13 June 2026

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Gnosis Pay and the Nexo Card are both European crypto cards, but they answer the spending question differently. Gnosis Pay is a self-custodial Visa debit card — you spend stablecoins you already hold, 1:1, from a Safe account you control. The Nexo Card is a custodial dual-mode Mastercard whose signature Credit Mode lets you borrow against your crypto instead of selling it. So the real question is simple: do you want to spend what you hold, or spend against it?

If you want no borrowing and no liquidation to think about, Gnosis Pay is the calmer choice. If you specifically want to spend against your crypto without selling and you’re happy with a custodial, managed platform, Nexo is the one built for that.

Neither card is a referral partner here; both were measured the same way, as of June 2026.

Gnosis Card vs Nexo Card — side by side Verified 13 June 2026

Gnosis Card

Visa

Nexo Card

Mastercard

Card type Gnosis Card: Debit card (Visa) Nexo Card: Credit card (Mastercard)

Custody Gnosis Card: Self-custodial — you hold the keys Nexo Card: Custodial — the issuer holds the funds

Rewards Gnosis Card: 1%-4% paid in GNO tokens, tiered by GNO held in the Safe (+1% Gnosis Pay OG NFT bonus, to a 5% max) Nexo Card: Credit Mode only, by loyalty tier: Base 0.5% NEXO / 0.1% BTC; Silver 0.7% / 0.2%; Gold 1% / 0.3%; Platinum 2% / 0.5%. The 'up to 2%' headline needs Platinum AND the NEXO-token payout; the BTC payout caps at 0.5%.

Rewards cap Gnosis Card: Tiered weekly eligible-spend cap by GNO held: $250 (>=0.1 GNO) / $375 (>=1) / $500 (>=10) / $1,250 (>=100); no rollover, resets 00:00 UTC Sunday Nexo Card: Monthly cashback cap per tier (consistent across sources): Base $50, Platinum $200. Silver and Gold caps conflict on Nexo's own page (Silver ~$100; Gold cited as both $50 and $150) - see unverified. Minimum payout $0.01.

Program status Gnosis Card: Live Nexo Card: Live

Custody and the spending model

Gnosis Pay keeps your money in a Safe smart account only you can authorize, and spends stablecoins 1:1 — there’s no borrowing, no interest, and no liquidation to babysit. The Nexo Card holds your collateral on Nexo’s own books, and Credit Mode is effectively a margin loan: a sharp drop in your collateral can lift your loan-to-value to ~83% and trigger a forced sale. Nexo also offers a no-borrow Debit Mode, but its whole reason to exist is the borrow feature.

Rewards: both reward holding their token

Gnosis pays 1%–4% in GNO (up to 5% with an OG NFT), set by how much GNO you hold, with weekly eligible-spend caps of $250–$1,250 by tier. Nexo pays 0.5%–2% — but you earn nothing unless your portfolio is worth $5,000. The 2% headline needs Platinum (NEXO worth 10%+ of your portfolio) and taking rewards in the volatile NEXO token, and monthly caps sit around $50–$200. Both are volatile reward tokens gated behind holding the project’s coin; neither is a clean flat rate.

Availability, network, and the physical-card pause

Both are Europe-only — no US. Gnosis covers 37 countries across Europe and Latin America (UK included) on Visa, and offers a Monerium IBAN. Nexo covers the EEA, UK and Switzerland on Mastercard — and new physical cards have been paused since January 2025, so new users get the virtual card only. If you want a physical card and euro rails, that favours Gnosis.

The catches

Gnosis Pay’s is the June 2026 exploit (~$265,000 drained per press reports, restored for 99% of users within days) and the lasting old-Safe-address footgun — funds sent to a pre-fix address are gone. Nexo’s are the forced-liquidation risk in Credit Mode, a weekend FX surcharge (a +0.5% weekend markup, which lifts the EEA/UK/CH fee from 0.2% to 0.7% and the rest-of-world fee from 2% to 2.5%), and a regulatory history (a 2023 $45M SEC settlement, a 2026 California penalty).

Who should pick Gnosis Pay

You want a simple self-custodial debit card with no borrowing or liquidation.
You want your own keys and euro rails via an IBAN.
You’re in one of its 37 countries, including the UK or Latin America.

Who should pick the Nexo Card

You want to spend against your crypto without selling it.
You prefer a custodial, managed platform and a credit/debit toggle.
You already hold NEXO so the loyalty tiers pay off — and you’re fine with a virtual-only card for now.

Questions people actually ask

What is the difference between Gnosis Pay and the Nexo Card?: Gnosis Pay is a self-custodial Visa debit card: you spend stablecoins you already hold 1:1 from a Safe account you control, with no borrowing and no liquidation risk. The Nexo Card is a custodial dual-mode Mastercard whose signature Credit Mode borrows against your crypto collateral — so a price drop can trigger a forced sale. One spends what you have; the other lets you spend against it.
Are Gnosis Pay and the Nexo Card available in the US?: Neither. Gnosis Pay covers 37 countries across Europe and Latin America (including the UK), with the US 'coming soon'. The Nexo Card is available only in the EEA, UK and Switzerland. Both are European cards; for a US-available card, look at ether.fi Cash or Coinbase instead.
Which is safer, Gnosis Pay or Nexo?: They carry different risks. Gnosis Pay is self-custodial — no one can freeze your balance — but it had a June 2026 exploit (~$265,000 drained per press reports, since patched) and a migration footgun where funds sent to an old Safe address are lost. Nexo is custodial — you carry counterparty and regulatory risk, plus forced-liquidation risk in Credit Mode — but it is professionally managed. Neither is deposit-insured.
Can I order a physical Nexo Card or Gnosis card?: Gnosis Pay ships a physical card as standard. Nexo paused new physical-card orders in January 2025 and, as of mid-2026, it's still paused — new Nexo users can only get the virtual card. If you want plastic in hand, that currently favours Gnosis Pay.