How can you buy NXT in your wallet?

Login to your wallet
Go to “Buy Crypto” feature
Choose currency
Choose the amount to send or receive
Fill all necessary fields

Since 2016 Freewallet has been developing digital cryptocurrency wallets with a built-in exchange for web, iOS, and Android devices, so you can rest assured that your data is safe.

Some things you should know about buying NXT online

There are some rules you have to follow to exchange fiat money for cryptocurrencies risk-free and without any p2p negotiations. These rules ensure that you will get NXT online as fast as possible.

Payment providers

When implementing the function of buying NXT, we use the services of payment providers. Depending on the provider, some of the steps in the buying process may differ.

The payment providers we work with are Simplex and Moonpay. If you use the widget above to buy NXT, Simplex will be the default provider.

If you prefer to buy NXT in the wallet, via web version or mobile multicurrency wallet / Crypto wallet version, you can choose between Simplex and Moonpay.

For the dedicated NXT wallet, the default provider is Simplex.

Below you can see the practical differences between Simplex and Moonpay

	Freewallet + Simplex	Freewallet + Moonpay
Commonly used cards	Accepts most credit and debit cards issued by VISA and MasterCard, as well as some virtual and prepaid cards. Please note that in some cases banks may decline transfers due to internal rules.
Limits	20000 USD per day, 50000 USD per month. The minimum amount is $50	Limits depend on the account level. You can read more here
Fees	The overall fee for transactions is 8%, minimum $1
Verification	Credit card info Phone number & email Passport or ID Card or Driver's License Selfie with your document	3 different levels of verification. You can read more here
Geography	We support 36 FATF member countries including the USA, UK, Germany, France, Russia.The service is not available in Algeria, Bangladesh, Bolivia, Cambodia, China, Ecuador, Jordan, Kyrgyzstan, Macedonia, Nepal, Nigeria, Taiwan, Thailand.

Q and A

Is it safe to buy NXT via Freewallet?

We do our best to provide our users with the highest level of security. When organizing the process of buying NXT, we use the services of the most reliable payment providers, including Moonpay and Simplex.

Where can I store NXT?

You must have a cryptocurrency wallet to store your crypto. The Freewallet Family provides you with 2 options for storing NXT: multicurrency Crypto Wallet and dedicated NXT Wallet. Crypto Wallet is available for Web, IOS and Android. NXT Wallet is available for IOS and Android.

How can I buy NXT with Freewallet?

There are 2 main methods to buy NXT via Freewallet: you can buy NXT through the widget above and you can buy NXT inside the wallet. Below you can see instructions on how to do this for each version.

Q and A

What are the differences between buying NXT through the widget and buying NXT in the wallet?

If you are using the widget, you’ll need to enter your wallet address yourself. It doesn’t have to be The Freewallet Family wallet. Also, if you are using the widget, your default payment provider will automatically be Simplex.

If you buy NXT inside Freewallet, you don’t need to enter your wallet address, this will be done automatically. Freewallet will be the wallet used by default.

If you are using the web wallet or mobile multicurrency wallet, you’ll be able to choose between Simplex and Moonpay as your payment providers. If you are using the mobile NXT wallet, the default provider will be Simplex.

There are some differences between Simplex and Moonpay regarding purchase limits and the verification process. You can read more about this here.

How long does it take to buy NXT using Freewallet?

Taking into account the time required for verification, the purchase process may take from 30 minutes to a few hours.

What are the fees?

We apply reasonable fees for transactions: 8%, minimum $11.

What are the limits on how much I can buy?

There are limits that depend on the payment provider. If you buy cryptocurrency via the widget above, your payment provider will be Simplex. If you buy crypto in the web wallet or mobile multicurrency wallet (Crypto Wallet), you can choose between Simplex and Moonpay. If you are using the dedicated NXT wallet, the default provider will be Simplex.

For Simplex, the limits are $20000 per day and $50000 per month including fees. The minimum amount is $50. Hence, these are the limits on how much you can buy if you are using the widget or the dedicated NXT wallet, as well as if you are using the web version / mobile multicurrency wallet version and choose Simplex as your payment provider there.

For Moonpay, the limits depend on the account level, which is issued in accordance with the degree of account verification. You can find more information on account levels and their respective limits here. Hence, if you are using the web wallet or mobile multicurrency wallet and have chosen Moonpay as your payment provider, the purchase limits will depend on your account level.

Please note that daily and monthly limits are counted not as calendar day and month, but as 24-hour and 31-day periods from the date of purchase, respectively.

Can I buy cryptocurrency without verification?

To get crypto, you have to prepare some personal information. We are required to take these precautions to comply with “Know Your Customer” (KYC) and “Anti-Money Laundering” (AML) regulations. We will use your data for verification purposes only. Buying cryptocurrency without verification is not possible.

What are the documents needed for verification?

As it was said earlier, you’ll have to prepare some personal information, which includes:

Credit card info
Phone number & email
Passport or ID Card or Driver's License
Selfie with your document

In which countries can I buy NXT via Freewallet?

We support 36 FATF member countries including the USA, UK, Canada, Australia, Germany, France, Russia.

The service is not available in Algeria, Bangladesh, Bolivia, Cambodia, China, Ecuador, Jordan, Kyrgyzstan, Macedonia, Nepal, Nigeria, Taiwan, Thailand.

What are the cards which I can use for payment?

We support all major credit and debit cards (VISA, MasterCard, etc), as well as some pre-paid and virtual. Please note that in certain cases a bank may decline a transfer due to internal rules.

What is Simplex?

Simplex is a fin-tech company that provides online merchants with fraud-free payment processing and acts as a credit card processor in the cryptocurrency world. A credit card processor is an organization that has contracted with an acquiring bank to process transactions on behalf of merchants.

Cryptocurrency is provided by online exchange services and Simplex integrates with them to fulfill the credit card payment process. Hence, Simplex is responsible for risk analysis, processing payments with the credit card company, and finalizing the transaction. Based on advanced AI technology, Simplex’s automated system facilitates processing online payments while assessing risk with maximum speed and accuracy.

What is Moonpay?

MoonPay is a fin-tech company that powers fiat-to-crypto payments in a seamless way. Its global network of exchanges, wallets, partners, and decentralized apps allows serving hundreds of thousands of users across the globe.

Cryptocurrency is provided by the online exchange services and MoonPay integrates with them to fulfill the credit card payment process. Hence, MoonPay is responsible for risk analysis, processing payments with the credit card company, and finalizing the transaction.

What are the differences between Simplex and Moonpay?

There are some differences between Simplex and Moonpay when it comes to the verification process and purchase limits, as was shown in the table above. For Simplex, the limits are 20000 USD per day and 50000 USD per month including fees. The minimum amount is $50. Required documents for verification are:

Credit card info
Phone number & email
Passport or ID Card or Driver's License
Selfie with your document

For Moonpay, purchase limits depend on the level of account verification. There are 3 possible levels of account verification, which require different sets of documents. You can read more about purchase limits and verification levels for Moonpay here.

Buy NXT  with a credit card