September 15, 2020

Nash Cash is now live in Europe!

Nash Cash

We are pleased to announce the launch of Nash Cash in most of the European region. Users in eligible countries will now see Nash Cash under “Buy/Sell” within our web platform. Mobile functionality is coming as soon as app updates are approved.

This is our first step towards letting users around the world buy and sell digital assets using national currency through our own payment-processing infrastructure.

Nash now offers in-house non-custodial solutions for all major digital asset services. Besides trading, storing and making payments, Nash users can invest without having recourse to centralized platforms. Once your payment has been processed, any assets you purchase from Nash come directly under your control! What’s more, Nash Cash includes the option of selling crypto assets to Nash at the current market rate.

The initial Nash Cash service lets users in Europe purchase USDC via SEPA transfer. With 0% fees and a 24-hour turnaround time, Nash is highly competitive. We also offer protected exchange rates given reasonable market volatility. Digital asset purchases are credited directly to users’ trading contract balances, ready for use on our exchange – though they can easily be withdrawn for long-term storage.

Nash Cash is also launching with a sell option. USDC stored in the trading contract can be sold to Nash in exchange for euros.

We will expand Nash Cash in the near future with additional cryptocurrencies, including Bitcoin, Ethereum and NEO, as well as credit card support. We also look forward to providing our fiat services in further regions.


You can stay up to date with Nash by following our Twitter and Instagram, as well as joining our official Telegram group. We also encourage all Nash Exchange token (NEX) holders to join our community platform, where they can talk directly with the team and receive reliable answers to questions.

Tom
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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).
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Nash’s Crypto Platform and Investment App uses state-of-the art, audited security measures and is fully non-custodial.
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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)
Nash Exchange B.V. is registered with De Nederlandsche Bank N.V. (DNB) as a provider of crypto services. DNB conducts supervision and monitors Nash Exchange B.V.’s compliance with the Money Laundering and Terrorist Financing Prevention Act and the Sanctions Act 1977. Nash Exchange B.V. is not under the prudential supervision of DNB nor under business conduct supervision of the AFM. This means there is no supervision of financial requirements or business risks and no specific consumer financial protections.
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.
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.