Crypto wallet and Visa card in Panama
Alongside its own balboa, Panama officially uses the US dollar as settlement currency — card payments most often go directly in USD.
How it works in Panama
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 Panamanian bank account needed.
In Panama payments most often settle in US dollars: the country uses the dollar as official settlement currency alongside its own balboa, so the card usually pays directly in USD — ATMs work the same way.
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 Panama 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 Panama
Does the Nexus Pay card work in Panama?
Can I withdraw cash in Panama?
How much of 1,000 USDT survives in Panama?
How do I fund the account in Panama?
Do I need a local bank account in Panama?
Country guide
Open an account in Panama
The account opens in Telegram in under a minute — no office visit, no paperwork.
Open Nexus Pay