Nexo just killed my weekly DCA Strategy – very disappointed
I’ve been using Nexo for a long time to buy Bitcoin every week while earning interest on my stablecoins. It was a simple and efficient DCA strategy, and I really loved it.
Now, with their new fee structure, any crypto purchase below $250 gets hit with extra fees, making my weekly $100 BTC buys totally inefficient. I don’t have $250 every week to allocate into Bitcoin, but I was consistent with my DCA strategy, which worked well for me.
I always maintain my balance at the Platinum tier, so it’s not like I was a low-tier user. This change feels like a slap in the face for loyal customers who use the platform responsibly.
I get that platforms need to make money, but this change directly hurts small and medium DCA investors, which is frustrating.
Is anyone else frustrated with this change? Are you switching to another platform for your DCA purchases?