Nash Launches Euro IBAN Account. Try it Today!
September 12, 2023

Nash Launches Euro IBAN Account

Crypto IBAN Account Fuses TradFi and DeFi

Today, Nash is excited to announce the launch of the Nash Euro IBAN account and the convergence of traditional finance with decentralized finance. 

Residents in the European Economic Area can open an account today and manage all their traditional finances alongside their decentralized finances. All, in a single, easy-to-use platform. 

The Nash Euro IBAN account (Nash Crypto IBAN) is a step into a world where legacy finance and DeFi are integrated. Expanding possibilities, increasing security, empowering self-custody asset ownership. 

The Nash Euro IBAN account is under the name of, and controlled by, the account holder. A key difference from the more common credit model of many existing Crypto IBAN products.

The boundaries between traditional and decentralized finance are blurring. People want apps to manage non-custodial Crypto accounts and Web3 activities alongside traditional SEPA payments, remittance, and fiat activities. With Nash’s launch of the Crypto IBAN account, The Nash Platform does this on a single screen. 

This blog post will explore key features, capabilities, and advantages of Nash's Euro IBAN account. We are proud to deliver this to our passionate community and usher in a new era of financial possibility.

Unmatched Integration of Crypto and Traditional Fiat Services

Nash's Crypto IBAN account brings together the best of traditional finance and decentralized finance. It delivers a comprehensive, fully integrated financial solution. 

With Nash’s Crypto IBAN account you can make SEPA payments, receive salary remittances, send money to friends, pay for everyday expenses, and more.

It also allows for the use of Crypto for the same. Make payments using Crypto by converting it to Fiat on-the-fly, auto-convert salary into token investments, transfer cash and Crypto to balance your portfolio. All within a single, easy to use app. 

Account holders are empowered to take control of their finances, embrace self-custody, and use fiat currency next to their Crypto. 

Nash's Crypto IBAN is the true consolidation of the fiat world with the Cryptocurrency universe. It effortlessly links traditional financial activities with Crypto and DeFi. Self-custody delivers individual control over digital assets, ensuring security and peace of mind. 

IBAN Features

The Nash Euro IBAN account functions within the PSD2 electronic money institution (EMI) framework. And, comes with all the functionality you expect from an IBAN. Account holders own their funds. And, EU EMI regulations safeguarded them. 

The Nash Crypto IBAN is enabled through our partner, Modulr, who is licensed by De Nederlandsche Bank N.V (DNB). The user (account holder) controls the account and it comes with a Dutch personal bank account number. 

Nash believes individuals are best positioned to manage their finances and control of assets is fundamental. Many other Crypto IBAN solutions employ a credit-based model to simulate IBAN functionality but fail to safeguard users’ funds entirely. Empowerment and self-custody are the future; the Nash Crypto IBAN brings the world one step closer to it.

Seamless Money Movement and Instant Transactions 

Managing funds is easy with Nash's Euro IBAN account. Swiftly and conveniently move money between accounts at traditional institutions and non-custodial Crypto accounts at Nash using the fiat ramp. The Nash Fiat Ramp streamlines conversion of fiat to Crypto and eliminates the need to navigate multiple platforms. Whether depositing money into an account or withdrawing funds, Nash's Crypto IBAN ensures quick and easy transactions and simplified financial operations.

The platform also facilitates instant Crypto transactions and removes delays associated with traditional banking system transfers. Take advantage of time-sensitive opportunities in Crypto markets and execute trades swiftly to capitalize on market movements.

Auto-Conversion and High Yield Savings 

Nash's Crypto IBAN account also allows people to automatically convert a portion of incoming deposits into Cryptocurrency. Effortlessly diversify a portfolio and benefit from the potential growth of Cryptocurrencies without requiring manual intervention. When enabled, deposits are instantly deposited into the token’s address in a user’s Nash Wallet

DeFi has opened new avenues for diversification and yield generation. The Nash Crypto IBAN also allows auto-conversion of fiat into DeFi-powered high-yield savings through Nash Earn

Nash Earn gives users easy access to the decentralized finance ecosystem. Easily invest into a basket of high-yielding blue chip Crypto tokens represented by non-custodial, liquidity provision (LP) tokens. LP tokens are completely self-custody and are redeemable at any time. Generate interest on Crypto holdings and potentially earn higher yields compared to traditional savings accounts. 

This innovative feature harnesses the power of DeFi, maintains self-custody, and offers a secure, potentially profitable option for growing wealth. 

Native Integration With The Entire Nash Crypto Platform 

The Nash Crypto IBAN is natively integrated into the Nash Crypto Platform delivering high performance across all products and features. The Nash Fiat Ramp, Nash Earn, Nash Wallet, and Nash Exchange all work seamlessly with the Nash Crypto IBAN. As will future products like the upcoming Nash Crypto Debit Card. 

The Nash App and Crypto IBAN combine to form a powerful, modern, decentralized Crypto Platform and Investment App for people to take control of their finances. 

Buy and sell thousands of Cryptocurrencies across numerous protocols. Benefit from expanded investment opportunities and the freedom to navigate the DeFi universe. Manage daily payments, cash accounts, bank transfers. Invest in Crypto quickly with total asset ownership. 

Keeping Your Funds Safe 

Nash pioneered the compliant path for Crypto because security is always the number one priority. The Nash Platform is registered with the Financial Market Authority of Liechtenstein and the DNB in the Netherlands. Nash Euro IBAN accounts are enabled by Modulr, who is licensed by the DNB. The Nash Crypto Platform and all Nash products employ state-of-the-art security practices and are routinely audited. 

Nash is also a champion of self-custody asset ownership; all Crypto products are fully non-custodial. IBAN accounts and funds are safeguarded under EU law

Empowering People To Control Their Financial Lives 

A Nash Crypto IBAN account combines the benefits of a traditional IBAN account with the opportunity offered by Cryptocurrency and DeFi. 

Nash's Crypto IBAN is at the forefront of modern finance. People can embrace Cryptocurrency while maintaining the convenience and familiarity of traditional banking.

With a comprehensive suite of products and features, Nash's Crypto Platform gives people a unified app to manage all their finances. Including a Crypto IBAN account, seamless money movement, instant transactions, auto-conversion, and high-yield savings. Nash products offer the tools and capability to navigate personal finance with confidence whether you’re an experienced Crypto degen or new to digital assets. 

As Nash continues to innovate and expand offerings, expect even deeper integration and synergy between traditional finance and decentralized finance. The launch of Nash's Crypto IBAN enables a future for people to enjoy the benefits of TradFi and DeFi. It unlocks new possibilities and redefines the way people approach personal finance.

Embrace the future of finance with Nash and the Nash Crypto IBAN. Embark on a journey towards financial freedom, security, and growth. Open your account today; click or scan the QR code below:

Disclaimer: This blog post is for informational purposes only and should not be considered as financial advice. Cryptocurrency investments carry risks, and individuals should conduct their own research and exercise caution when engaging in financial activities.

fabian
Read more posts by this author.
All Posts

Compliance and Registration

Nash was the first Crypto Platform in Europe registered by the Financial Market Authority (FMA) of Liechtenstein. Nash is also registered with the De Nederlandsche Bank N.V. (DNB).
Icon illustration representing a book with transparent background.

Industry Leading Security

Nash’s Crypto Platform and Investment App uses state-of-the art, audited security measures and is fully non-custodial.
What makes Nash so safe
Icon illustration of a shield representing security on a transparent background.
Trustpilot logo icon
YouTube logo iconTwitter logo iconTelegram logo iconLinkedIn logo iconInstagram logo iconFacebook logo icon
Rates may vary over time. Crypto-powered earnings on Nash are not covered by any deposit guarantee schemes like bank savings accounts and involve risks unique to the underlying technologies: (i) Exploitations of the smart contracts used; (ii) Forex fluctations between your national currency and the US dollar, which underlies crypto earnings assets; (iii) USD stablecoins losing their peg. 
Nash is a trademark of Neon Exchange Aktiengesellschaft. Neon Exchange Aktiengesellschaft is an exchange bureau registered with the FMA of Liechtenstein (TT Exchange Service Provider Nr. 261096 as defined by the Token- und VT-Dienstleister-Gesetz / TVTG, 3 October 2019)

Neon Exchange Aktiengesellschaft is a partner of Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorised and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr Finance B.V. Your funds will be held in one or more segregated accounts and safeguarded in line with the Financial Supervision Act – for more information, please see this link

Your card is issued by Modulr Finance B.V. pursuant to a license by Visa Europe. Visa and the Visa brand mark are registered trademarks of Visa Europe.
Neon Exchange Aktiengesellschaft also provides fiat-crypto exchange services. These are separate and unrelated to the account and payment services you receive from Modulr Finance B.V.

Neon Exchange Aktiengesellschaft is the issuer of the NEX Token.

Nash Exchange B.V. has currently not obtained a MiCA-license in the EU. Nash Exchange B.V. is actively engaging with the supervisory authority in The Netherlands (the AFM) to ensure compliance with MiCA and other applicable legislation.