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What is Nebeus?

Nebeus (Developed and operated by Money-4 Limited & Rintral Trading SL) is a London & Barcelona-based fintech start-up company founded in 2014 by Sergey Romanovskiy. Their primary focus is to provide crypto asset-collateralized loans by integrating margin calls, health monitors, and volatility alerts. This unique platform aims to help bridge the gap between fiat and crypto with a wallet that allows you to earn, borrow, exchange, send or receive cash and crypto.

Some of the other features of Nebeus include:

• Make deposits and cash withdrawals at physical locations.
• International cash transfers to over 150 countries worldwide.
• Mobile phone top-ups on more than 500 mobile phone operators around the world.

They have also recently entered into a partnership with Railsbank and will soon provide users with their own Nebeus Mastercard to make purchases in everyday life.

Where is Nebeus Based?

At first glance, their website states, “The platform is developed and managed by Rintral Trading SL, Carrer de la Ciutat de Granada, 150, 08018, Barcelona, Spain.” and are registered in the Commercial Registry of Spain.

Although founded in 2014, they do not have a large social media following or many reviews from the public to date. However, they did a recent crowdfunding event on the “Seedrs” platform where 248 investors joined the campaign. Their funding was also match approved by the British Government’s “Future Fund,” resulting in a total of €995K raised. Allowing Nebeus to win the global award for “Digital Lending Innovation” in the Finance Monthly Fintech Awards 2021.

The Nebeus website offers English, Spanish and German translations. The English translation is not perfect and they have a few spelling errors here and there (which were promptly corrected when I pointed them out), but their blog posts are clear, educational, and easy to understand.

I felt as though the overall website user experience was a bit misleading. Many of the links I clicked on redirected me to the sign-up page to open an account instead of providing me with more information about the option stated on the link as I would have expected.

About Nebeus

Their “about us” page could use some improvement. Although it mentions their past and future, it does not include any information about the employees or company registration. I was not able to find a clear link to this page on the homepage, but it came up when I searched through Google.

Nebeus comply with all UK and EU regulations, and they are planning to obtain an EMI license to improve the services they can offer.

By 2020 Nebeus had more than 60,000 users already. They currently provide options for you to make cash transfers to more than 150 countries and offer mobile top-up with more than 500 mobile phone operators supported around the world. They have made it possible for you to transfer and deposit money at more than 230,000 retail locations & post offices.

On Nebeus, you can add funds using any Visa or Mastercard, and your funds are instantly credited to your account. Soon you will also be able to use your Nebeus Mastercard to make payments.

Opening a Nebeus Account

Opening a Nebeus account is quick and can be done by providing your Name, Surname, Email, Password, and Country. They support a large variety of countries that other platforms often exclude.

Currently, you can use your account without completing the verification process. The only option that is not available without verifying your identity is to transfer Fiat from your Nebeus account.

They have an easy automated KYC verification process. Once you have created your account, click on the profile icon top right and then click on “get verified,” where Nebeus will guide you to add your phone number and verify it with a pin code. Next, you will be required to go through an identity verification process where you are asked to take a selfie and a picture of your original document. Lastly, you need to provide your proof of address to verify it.

Once your account is verified, Nebeus will notify you via email. The entire verification takes around 24 hours to process and once completed, you will be able to use your account with all of its features.

Deposits

Nebeus offers a great variety of payment channels:

• Deposit directly from your Visa or MasterCard charged at 2.90% per transaction – this is the standard rate of most other platforms.
• Deposit cash at a Cash Collection Point near you for a fee of 6.50% to add or send funds – this option is great for those who do not have access to the other methods, and although it is a little higher in terms of fees, it still provides an option that would otherwise not be available.
• They also accept free SEPA deposits, and to send it is 7 € or 1% fee.
• Supercharged Wire Transfer for free – another great option that shows they are trying to accommodate as many people as possible.

Exchange

Nebeus makes it easy for you to add fiat and exchange it to crypto such as BTC or ETH within your account. Recently they launched deposits of USDC and USDT too. They also provide the option to exchange crypto for Euros, US Dollars, or British Pounds.

You can buy crypto by sending a wire transfer in Euros or transfer money via your bank account. These funds are then converted into crypto and deposited into your Wallet within one business day.

Nebeus charges a fee of up to 0.35% when you buy or sell cryptocurrency.

In June, they added two stablecoins, namely Tether (USDT) & USD Coin (USDC), and integrated both coins into some of their services, enabling you to:

• Buy, sell, and exchange stablecoins with crypto and fiat.
• Get crypto-backed loans in stablecoins.
• Top-up your mobile phone using stablecoins.
• Send or receive stablecoins to and from any other digital wallet.
• Withdraw stablecoins directly to your MasterCard.
• Send stablecoins to any other Nebeus user for free.

Borrow

As crypto has started to become a much better alternative store of value and investment option, it only makes us wonder about other ways to benefit from the crypto while holding it. This is where crypto-backed loans come in. It is a way to leverage your crypto and use it as collateral. Crypto-backed loans are an excellent option that allows you to use your loan to pay for your daily expenses without touching your crypto. Nebeus’ loans are pre-approved and insured.

Nebeus offers two options for borrowing.

1. Quick Loans. These are instant, pre-approved loans that are offered directly from their treasury.
2. Flexible loans. Fully customizable, where you can select your terms and borrow up to 80% of your crypto value.

How to Borrow?

Once you have opened your Nebeus account, you can get a loan in 3 steps:

1. Transfer your crypto from any other wallet for free
2. Choose the loan you would like to take out
3. Get cash while still keeping your crypto

Fees

• Quick Loans: 50% Loan-To-Value and 0% interest for three months.
• Flexible Loans: up to 80% Loan-To-Value, interest rate, and borrow up to €250,000 for as long as 36 months.

The fees are pretty similar to the other prominent players in the lending space like YouHodler and Nexo.

These are two of my other favorite crypto lending platforms to earn interest in your crypto and obtain loans by providing crypto as collateral.

Transfers

You can transfer to over 150 countries from your Nebeus account as long as your account is verified.

• The minimum amount to send is 5€
• The maximum amount you can send is 3500€ per transaction
• The fee for transferring is 2.8%

You can also use SEPA transfers/withdrawals for a fee of 1%, with a minimum of €7. Deposits with SEPA are free.

Rent

If you are not interested in borrowing, perhaps an option that might be interesting to you is the rent feature that Nebeus offers. Crypto renting is a way to rent your crypto to someone and get rewarded for it.

The two options at Nebeus are:

• Juniper – Rent a minimum of 0.0025 BTC or 0.03 ETH for more than one month to earn 3.5% per year.
• Sequoia – Rent a minimum of 0.12 BTC or 3 ETH for more than four months to earn 6.75% per year.

How to Insure Your Crypto?

Nebeus stores your crypto in their Nebeus Vault, a Class III bank-grade secure cold storage that is a disconnected device, making it safer from cyber attacks and insured up to $100M by Lloyds of London.

Nebeus provides two options insured by Lloyds of London in which you can protect your crypto against risk.

• Single Insurance at 4€/month for one of your cryptocurrencies.
• Full Insurance at 6,90€/month for your full vault.

Customer Support

There is no chat service available on Nebeus. When clicking on the help link, you are redirected to their knowledge base, and at the very bottom will find the link to submit a ticket. I have submitted a ticket to them; although I received a timely response, it came from a support@…us.zohodesk.eu email address with the subject Re:[## 2662 ##], and this can be easily missed or disregarded as spam. Perhaps something to take note of when requiring support from them.

Status Page

On their website, they have a link to a status page that provides you with a live status of their systems, whether they are operational or not, as well as the downtime. Proving to be quite a thoughtful feature.

Verdict

Overall, I like that Nebeus have taken a simplified approach, and the platform is easy to use for everyday people. Nebeus offers a great one-solution platform that provides a secure wallet to store a combination of fiat and crypto, allowing you to send, withdraw, lend, borrow and earn.

Nebeus aims to create a financial world without boundaries between cash and crypto and be known as a trusted financial service worldwide. Using Nebeus is a great way to help you earn interest on your crypto without needing to sell any of it by implementing some form of lending.

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If you own or trade any crypto, the approach of tax season might present a whole new set of challenges. Trading and investing across multiple cryptocurrency exchanges can easily become very confusing for the average trader. In other words, it can be very tricky to keep track of your digital portfolio, your gains, and losses at all times.

If you regularly engage in cryptocurrency transactions, then the burden of calculating these profits and losses usually falls entirely with you. Fortunately, there is software out there that can help you keep an account of your cryptocurrency portfolio and generate tax reports based on your activities.

CoinTracking.info is one such platform that can function as your personal crypto portfolio monitor. In this review, I will walk you through the different features of this product and how you can use it to simplify the process of crypto tax reporting.

CoinTracking.info – An Overview

As you likely already know, the first cryptocurrency – Bitcoin, was launched in 2009. In 2012, CoinTracking was created as one of the first companies to have tapped into the upcoming market of crypto tax reporting tools. The platform was intended to make the lives of traders easier, by managing their portfolio throughout the year.

Over time, CoinTracking.info has gained the trust of over 880,000 users and handles portfolios worth $24.7 billion. It has built a worldwide network comprising expert tax advisors, professional cryptocurrency investors, and lawyers who can offer you any assistance with international filing requirements.

In simple terms, CoinTracking.info allows you to evaluate all your relevant information about your crypto portfolio in one place. With this tool, there is no need for you to extract your trading reports and enter them manually. Instead, the platform will directly import your data, and then do the rest of the work by itself.

At the moment, CoinTracking.info integrates with 68 cryptocurrency exchanges, 22 wallets, and offers legacy support for 22 closed trading platforms.

CoinTracking.info – Features

You can look at CoinTracking.info as a multi-faceted platform. It can serve as a portfolio manager, as well as a tax calculator for your crypto holdings.

As a portfolio manager, CoinTracking.info allows you to:

• Calculate your historical balances and profits
• Check coins and currency on each exchange
• View current balances
• Review your realized and unrealized gains
• Analyze the total profit and losses of your trades

CoinTracking.info also offers a unique Capital Gains Tax Calculator for thousands of different cryptocurrencies, digital assets, and tokens. And most importantly, the platform will be able to generate reports that are compliant with your country’s specific tax laws.

The tool is also accessible through its mobile app, allowing you to track different cryptocurrencies and your assets while on the go.

Now that you have an idea of what CoinTracking.info is all about, I’ll now explain how you can start using the platform.

How to Start with CoinTracking.info?

Once you have created an account on the platform, in order to start using its features – you will first have to import your trading data from an exchange or a wallet.

How to Add your Trades

CoinTracking.info allows you to import your trading data using three methods.

1. Automatic API Import

As I mentioned earlier, CoinTracking.info has partnered with several cryptocurrency platforms to monitor your trading data automatically. This can be done by linking the API Keys of your respective exchanges and wallets.

The platform also comes with an API Live Data Check that will allow you to check your current balance across multiple exchanges that you have connected through an API. This will ensure that the trades are added seamlessly, and you do not have to worry about manual updates.

2. Uploading Data Using CSV

You can also transfer data by uploading a CSV file that contains all your trading information. Many exchanges allow you to export these directly from their platforms.

Then you can simply drag and drop these files into CoinTracking.info and you are ready to go.

3. Manual Data Entering

In case there are some trades you were unable to import automatically, you can enter the data manually. You will be entering the details in the form of a table, by entering the specific numbers of coins bought and the trading involved. You will also have the option to edit these entries or erase them later.

If you are having any trouble setting up your account, not to worry – CoinTracking.info offers you detailed instructions every step of the way. When this is completed, the platform will give you a complete analysis of your trades, prices, volume, gains, losses, and the entire value of your portfolio.

Note: The automatic import options are available only for paid users of the platform. If you are accessing the free service, you will have to manually enter all the data.

CoinTracking.info – Interface, and Tools

When you have set up your account, you can proceed to explore the different features of CoinTracking.info. Let us start with what you will find in the portfolio management section.

CoinTracking.info – Analysis Tools

CoinTracking.info has one of the most user-friendly interfaces you will come across. Although the website might look a bit outdated, it has clearly defined each section and categorized its features.

In terms of analysis, you will be able to find the following useful features on CoinTracking.info:

Dashboard

Your dashboard will give you a complete overview of your portfolio. This will include the summary of the coins you hold, the value of each coin, your total profits/losses, the list of your exchange, and much more.

You will also be able to get a synopsis of your trades per day.

Reporting

The Reporting Tab consists of a wide range of different data regarding your trading activity. These charts and tables are interactive, which allows you to take a look at individual datasets if needed. You can also set the graph to view information for a specific period.

This includes:

• Trade Statistics – Here, you will find separate graphs for your historical balance, the current value of each currency, your trading volume, and the number of coins you hold.
• Trade List –  Under this section, you will be able to see a detailed listing of all your trades, such as the buy and sell volumes. This will also include any comments that you have added for individual coins at the time of uploading the data. CoinTracking.info allows you to export this list in multiple formats directly from the platform.
• Trade Prices– This will calculate the cost of all your trades on any particular day, or until the date specified.
• Trade Fees – Here, you will be able to find an account of any trading fees applicable to the trades you have imported.

CoinTracking.info – Research Area

Free trial with TradeSanta

The cryptocurrency market is notorious for its volatility. On the one hand, it provides a lot of opportunities for cryptocurrency traders. On the other hand, it increases the trading risks involved. Unlike traditional markets, the cryptocurrency market never sleeps and operates 24/7.

So how can you make the most out of the volatility that the crypto market offers without losing a good night’s sleep?

The perfect solution for traders to take advantage of crypto market fluctuations is to set up an automated trading robot.

About TradeSanta

TradeSanta is a trading robots software being both friendly to beginners and providing advanced tools for pro traders. TradeSanta has been operating since 2018. The service provides extensive documentation and video tutorials to facilitate the onboarding into automated trading.

Customer Support is always available to answer any questions and onboard into the automated trading world.

How It Works

The first step towards creating your first bot is connecting the account of one of the supported exchanges to TradeSanta via the API keys.

After that, all you have to do is choose a pair to trade, decide on a strategy (do you think the price will go up or down?), and some parameters (How many times do you want your bot to Take profit?). The bot will place the first order and then a take-profit order that will bring you the desired earnings.

TradeSanta’s bot also allows you to place some extra orders in case the trade goes south to take profit even if the market goes contrary to your bot’s direction.

TradeSanta Features

• Supports all biggest exchanges such as Binance, Huobi, Okex, and HitBTC
• Grid and DCA strategies: taking profit one time for all orders or several times for each order
• Stop Loss, Trailing Stop Loss, and Trailing Take Profit to manage risks
• Virtual trading to test the strategy against the real market conditions
• Manual trading on multiple exchanges in one interface
• Binance Futures trading to trade with leverage

What You Have To Know To Start Automated Trading

First of all, automated trading is all about automating as it follows from the title. First of all, you have to have a trading strategy to automate. If you haven’t decided on your trading strategy yet, make sure to take some time and answer the following questions:

1. What coins will you trade: stable coins, altcoins, or just BTC?
2. How much currency will you be trading?
3. What exchange will you trade on?
4. What’s your trading style: consistent small profits or playing big?

Automated trading is a useful tool to save your time and let the robot take care of monitoring the market. However, some help will be needed from your side for the bot to make some profit.

How To Set Up A Bot

You can use one of the preset templates provided by TradeSanta or set up a bot from Scratch.

1. Choose one of the connected exchanges, the pair, and the expected price direction. Once you’ve selected the pair, you will see the price dynamics, the coin balance, and 24h volatility to help you decide if you want to trade this pair.

2. Choose one of the bots templates for DCA strategy (one Take Profit order) or Grid strategy (separate Take Profit order for each). Decide on the bot parameters: Take Profit, Number of Extra orders (how many orders will be placed if the price goes in the contrary direction) and Step of Extra Order ( the percentage of price change between the two orders).

Here you can also decide on the volume of each order. The calculator will show you if you have enough coins to cover the first and extra orders.

3. The last step is managing the risk with the Stop Loss and Trailing Stop loss as well as deciding on whether you want the bot to start the deal based on technical indicators.

Security

To trade via automated bots the only thing you need is an exchange account. TradeSanta connects to the exchanges via API. The withdrawal option is disabled by default, make sure it stays that way! TradeSanta does not have any access to your funds, the bots can only place and cancel trades.

TradeSanta takes security seriously and offers 2FA authentication to further secure accounts.

TradeSanta Plans

TradeSanta doesn’t charge any trading fees. All the traders get a 3-Day trial of a Basic Package.

TradeSanta offers 3 plans differing in number of bots and some functionality:

• Basic Plan: 49 bots, Unlimited Number of pairs, technical indicators. Starts at $14/month
• Advanced Plan: 99 bots, benefits of Basic plan, Trailing Take Profit. Starts at $20/month
• Maximum Plan: Unlimited number of bots, benefits of Advanced Plan, Futures Trading. Starts at $30/month

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Cryptocurrency debit cards are becoming increasingly popular in Europe as a convenient and flexible way for users to spend their digital assets in the real world. These debit cards work like traditional bank cards, allowing users to make purchases at merchants that accept Visa or Mastercard, but with the added benefit of being able to spend cryptocurrency directly.

One of the main advantages of using a cryptocurrency debit card in Europe is that it allows users to easily and quickly convert their digital assets into fiat currency. This can be particularly useful for those who want to make purchases at merchants that do not accept cryptocurrency or in countries where cryptocurrency adoption is not widespread. Additionally, many cryptocurrency debit cards offer competitive exchange rates and low fees, making them a cost-effective option for users.

Also, if you are a crypto holder or you’d like an easy way to earn more crypto, then crypto debit cards are probably the product you’re looking for, due to their cashback incentives and interest accounts.

In my opinion, these are currently the best crypto debit cards for European residents right now:

• Nebeus
• Binance Card
• Crypto.com
• SpectroCoin

Let’s have a deeper look at each of these.

Nebeus

The Nebeus crypto debit card is a payment card that allows users to spend their cryptocurrencies at merchants worldwide. The card works just like a traditional debit card, allowing users to make purchases both online and in-store, as well as withdraw cash from ATMs. The Nebeus card supports a range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple, among others.

One of the key benefits of the Nebeus crypto debit card is its ease of use. Users can easily transfer their cryptocurrency to the card, which can then be used for everyday purchases. This can be particularly useful for users who want to use their cryptocurrency holdings to make purchases, but who may not want to go through the process of exchanging their cryptocurrency for fiat currency first.

In addition to its ease of use, the Nebeus crypto debit card also offers a range of security features, such as two-factor authentication and encryption, to help keep users’ funds and personal information safe. The card is issued by Mastercard, which means it can be used at millions of merchants worldwide, and it also comes with a mobile app that allows users to manage their account and track their spending in real-time. Overall, the Nebeus crypto debit card is a convenient and secure way for users to spend their cryptocurrency holdings, both online and in-store.

Get your Nebeus card

Binance

The Binance Card is a debit card that allows users to directly spend their cryptocurrency holdings at merchants that accept Visa. It is one of the few cryptocurrency debit cards that provides a direct connection to the user’s Binance account, one of the world’s largest and most popular cryptocurrency exchanges.

One of the key benefits of the Binance Card is that it supports multiple cryptocurrencies, including Bitcoin, Ethereum, and Binance Coin, providing users with a range of options for spending their digital assets. Additionally, the Binance Card offers competitive cashback rewards for its users, with up to 8% cashback on every purchase. The amount of cashback depends on the user’s level of card and the amount of Binance Coin they hold.

The Binance Card also provides a high level of security, with features such as two-factor authentication, real-time transaction monitoring, and the ability to freeze the card instantly in case of theft or loss. It is also available in various regions, including Europe and the United States, and it supports instant transactions, making it easy for users to track their spending and transaction history.

To use the Binance Card, users must apply for the card and have a verified Binance account. Once approved, they can load their card with cryptocurrency and begin using it at any merchant that accepts Visa. The Binance Card app makes it easy for users to manage their card, monitor their spending, and track their cashback rewards.

There isn’t really much to say about Binance, it’s one of the world’s most popular exchanges. Having a card linked to your favorite crypto exchange is super handy, and many just don’t bother with other services beyond the Binance card. It’s convenient and reliable, and works in Europe.

You also earn up to 8% BNB Cashback everytime you spend, so if you already use Binance as an exchange, it’s a no-brainer to use their card too.

Get your Binance card

Crypto.com Debit Card

The Crypto.com Card is a cryptocurrency debit card that allows users to spend their cryptocurrency holdings directly at merchants that accept Visa. It was launched in 2018 by Crypto.com, a cryptocurrency platform that offers a range of services including a mobile wallet, trading, and staking. The card is available in several regions, including Europe and the United States, and is tied to the user’s Crypto.com account.

One of the key features of the Crypto.com Card is its cashback rewards program. Users can earn up to 8% cashback on their purchases, depending on the level of card they hold and the amount of CRO (Crypto.com’s native cryptocurrency) they stake. The card also supports multiple cryptocurrencies, including Bitcoin, Ethereum, and others, which gives users a range of options for spending their digital assets.

To use the Crypto.com Card, users must first apply for the card and have a verified Crypto.com account. Once approved, users can load their card with cryptocurrency and begin using it at any merchant that accepts Visa. Transactions are processed in real-time, and users can monitor their spending and track their transaction history through the Crypto.com app.

Crypto.com is a multi-functional cryptocurrency platform that offers a variety of services. At the forefront of this is its cryptocurrency exchange – which allows you to trade crypto pairs at the click of a button.

Read my in-depth review of Crypto.com to learn more about this exchange and debit card solution.

Additionally, the Crypto.com platform also allows you to buy cryptocurrencies in the traditional sense – with the provider noting that you can do this at ‘true cost’ with ‘no fees’ or ‘markups’.

Outside of its core exchange services, Crypto.com also offers crypto-backed loans, debit cards, interest-earning opportunities and a gateway for merchants to accept digital currencies.

Get the Crypto.com card

SpectroCoin

The SpectroCoin Card is a prepaid debit card that enables users to spend their cryptocurrency holdings directly at merchants that accept Visa. It was launched in 2015 by SpectroCoin, a cryptocurrency platform that offers a wide range of services including a mobile wallet, exchange, and merchant solutions. The card is available globally, and it is connected to the user’s SpectroCoin account.

One of the most significant advantages of the SpectroCoin Card is that it offers lower fees compared to other cryptocurrency debit cards. SpectroCoin only charges a flat fee for card issuance, while other cryptocurrency debit cards typically charge annual fees, transaction fees, and foreign exchange fees. In addition, users can load their SpectroCoin Card with multiple cryptocurrencies, including Bitcoin, Ethereum, and Dash, which provides flexibility when it comes to spending digital assets.

Another noteworthy feature of the SpectroCoin Card is that it supports ATM withdrawals in multiple currencies. This means that users can withdraw cash in their local currency or any other currency that is available on the card, without having to convert their cryptocurrency into fiat currency first. This feature is particularly useful for frequent travelers and for those who live in areas where their local currency is not supported by most cryptocurrency debit cards.

To use the SpectroCoin Card, users need to apply for the card and have a verified SpectroCoin account. Once approved, they can load their card with cryptocurrency and begin using it to make purchases at any merchant that accepts Visa. Transactions are processed in real-time, and users can track their spending and transaction history through the SpectroCoin app.

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Which is your favorite crypto debit card? Other options that have been mentioned to me are Swapin, Moon.