Landscape typical of Cyprus. Nexus Pay crypto wallet and Visa card

Crypto wallet and Visa card in Cyprus

Cyprus is in the EU and the eurozone (euro), but not in Schengen: the only eurozone country with that combination.

CurrencyEuroEUR
RegionEuropeCY
From 1,000 USDT to card$1,000.00no fee
Cash at an ATM$984.00our 1.5% + 1 USDT fee

How it works in Cyprus

Nexus Pay is a crypto wallet with a Visa card. Fund the account in crypto, move what you need to the card, spend it anywhere Visa is accepted — no Cypriot bank account needed.

Payments in Cyprus settle in euros: despite not being in Schengen, the country uses the euro, so conversion from USDT to EUR is direct, and ATMs dispense euros.

What actually reaches your pocket

Our published fees, with no hidden markup on the rate. From 1,000 USDT:

  • Swapping inside the wallet — 0%. Exchange rate, no markup.
  • $1,000.00 lands on the card — the card top-up is free; card purchases cost 1.5%.
  • $984.00 in cash at an ATM, after our fee of 1.5% + 1 USDT per withdrawal.

The ATM operator in Cyprus may add its own fee on top of ours. That money does not come to us, it differs by machine, and it cannot be stated in advance.

Work out your own amount in the fee calculator

How to fund the account

In crypto across six networks: USDT and USDC on TRC-20, ERC-20, BEP-20 and TON; BTC and ETH on their own chains. The address is issued for the network you pick.

Blockchain transfers are irreversible. Sending on the wrong network means the funds are gone for good — check both the address and the network.

What you need to start

  • A Telegram or Google account — sign-in goes through them, there is no separate password.
  • Crypto to fund the account — any supported coin.
  • For a card, identity verification: anti-money-laundering law requires it.

Common questions in Cyprus

Does the Nexus Pay card work in Cyprus?
The card runs on the Visa network and is accepted in Cyprus anywhere Visa is: shops, online and ATMs. Payments settle in Euro at the rate at the time of the transaction.
Can I withdraw cash in Cyprus?
Yes, at any ATM accepting Visa. The machine dispenses Euro (EUR). Our fee is 1.5% + 1 USDT per withdrawal; the ATM operator may add its own.
How much of 1,000 USDT survives in Cyprus?
$1,000.00 reaches the card — swapping and the card top-up are free. Taking it out in cash leaves $984.00 after our 1.5% + 1 USDT fee.
How do I fund the account in Cyprus?
By crypto transfer: USDT and USDC on TRC-20, ERC-20, BEP-20 and TON, plus BTC and ETH on their own chains. A transfer on another network will not arrive and cannot be returned.
Do I need a local bank account in Cyprus?
No. The account is not tied to a bank in Cyprus — you fund it with crypto and pay by card. A card does require identity verification.

Country guide

Open an account in Cyprus

The account opens in Telegram in under a minute — no office visit, no paperwork.

Open Nexus Pay