Is it necessary to activate a Nexus card to participate in digital currency exchanges?

I've heard about the Nexus card being used for travel purposes, but I'm wondering if it's necessary to activate a Nexus card in order to participate in digital currency exchanges. Can I still trade cryptocurrencies without activating a Nexus card?

3 answers
- No, it is not necessary to activate a Nexus card to participate in digital currency exchanges. The Nexus card is primarily used for expedited travel between the United States and Canada. It has no direct relation to digital currency exchanges. You can freely trade cryptocurrencies without having to activate a Nexus card.
Mar 19, 2022 · 3 years ago
- Absolutely not! The Nexus card is completely unrelated to digital currency exchanges. It is specifically designed for border crossing facilitation. To participate in digital currency exchanges, you only need to create an account on a reputable exchange platform and complete the necessary verification process. The Nexus card has no impact on your ability to trade cryptocurrencies.
Mar 19, 2022 · 3 years ago
- While it is true that the Nexus card is not required for digital currency exchanges, some exchanges may offer special benefits or discounts to Nexus card holders. For example, at BYDFi, we have a partnership program with Nexus card holders that provides certain advantages. However, it's important to note that these benefits are not exclusive to Nexus card holders and anyone can participate in digital currency exchanges without activating a Nexus card.
Mar 19, 2022 · 3 years ago
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