In 2025, the purchase of cryptocurrencies still faces high fees impacting investors' profitability. Neverless promises fee-free buying and trading, challenging established crypto exchanges. Is it a true alternative? Discover more in our comprehensive guide and review of Neverless.
Neverless is a cryptocurrency exchange with the ambition to democratize crypto investment. It’s an all-in-one mobile application allowing users to buy, sell, and generate yields on more than 800 digital assets. Neverless’s positioning is based on a radical choice : completely eliminating transaction fees on the majority of cryptocurrencies offered.
Neverless was created by three former Revolut executives, recognized players in European fintech. Their experience constitutes a genuine guarantee of expertise and credibility for the project. Neverless’s goal is to make investment not only more accessible to beginners through a streamlined interface but also more profitable for everyone by eliminating one of the main barriers to performance : fees.
We’ve tested the platform, studied dozens of user reviews, and compared its offering to competitors. Here’s our complete evaluation of Neverless for 2025.
| Criteria | Rating | Evaluation Summary |
| Fees and Commissions | ★★★★★ (5/5) | Truly fee-free model on the majority of transactions. Very competitive spreads. Exemplary transparency. |
| Security and Regulation | ★★★★☆ (4/5) | European regulation (PSAN in Spain), segregated client funds partially stored in cold wallets. Lacks a FINMA license in Switzerland and public proof of reserves for maximum rating. |
| Service Offering and Features | ★★★★☆ (4/5) | Very solid trading and savings offering with more than 800 cryptocurrencies. The Strategies account™ is a unique and high-performing product. Lacks advanced services like derivatives or a payment card. |
| Ease of Use | ★★★★★ (5/5) | Mobile interface extremely intuitive, perfectly adapted for beginners while remaining efficient for experienced users. |
| Customer Support | ★★★★★ (5/5) | The Neverless team has made it a point of honor to stay close to users to offer customer service without chatbots. You’ll primarily need to use Discord for quick responses. |
| Overall Rating | ★★★★☆ (4.2/5) | A revolutionary platform for fees and simplicity, which still needs to mature in service depth to become an undisputed leader. |
Before choosing a platform, it’s essential to weigh its strengths and limitations. Here’s a summary of Neverless’s main advantages and disadvantages in 2025.
Advantages
Disadvantages
Neverless stands out with a range of services that go beyond simply buying and selling cryptocurrencies. The ecosystem is designed to accompany investors at every step of their journey, from discovery to generating passive income.
Neverless’s flagship service is undoubtedly its fee-free trading offer.
In a market where commissions typically range from 0.1% to over 2%, this promise is a powerful argument. We’ve verified, and for the vast majority of the 800 listed cryptocurrencies, transaction fees are indeed zero.
The platform generates revenue primarily through a slight spread, the difference between buying and selling prices. However, as shown by their own transparent comparison tool, this spread remains extremely competitive, often positioning Neverless as the most cost-effective option compared to giants like Binance, Coinbase, or Kraken. For very low-liquidity cryptocurrencies, illiquidity fees of 2.49% may apply, information clearly indicated by the platform.
Indeed, Neverless has developed its own tool to offer cryptocurrencies launched on the Solana blockchain before anyone else. Most often, these are tokens with low market capitalization and primarily memecoins. On these assets, fees of about 2.49% are applied.
Neverless transforms simple cryptocurrency holdings into a passive income opportunity. The platform offers attractive interest rates on several major assets, paid daily and without any lock-up period. As of September 2025, the annual rates are :
This feature is particularly interesting for long-term investors (“hodlers”) who can see their capital grow passively while maintaining the flexibility to withdraw their funds at any time.
These returns are generated by deploying funds in over-collateralized DeFi protocols, such as lending or staking, where cryptos serve as excess collateral to secure loans and produce interest. Subsequently, these interests, derived from trading fees or returns from liquidity pools, are paid daily and reinvested to maximize gains.
This is arguably Neverless’s most innovative product. The Strategies™ Account provides access to institutional-level arbitrage strategies normally reserved for hedge funds.
Hedge funds are private investment funds that use complex strategies to maximize returns, often with large amounts.
The principle is to generate profits by exploiting tiny price differences for the same asset across different markets. These strategies, called “market-neutral,” have the advantage of being uncorrelated with market movements. Whether Bitcoin rises or falls, the algorithms continue to generate returns.
Neverless announces a historical annualized return ranging between 7% and 15%, with gains reinvested daily. It’s a very attractive alternative to traditional savings products, offering high return potential while controlling directional risk.
Neverless distinguishes itself as an essential platform for on-ramp (fiat to crypto deposits) and off-ramp (crypto to fiat withdrawals) thanks to its seamless integration with local banks and payment schemes, offering nearly fee-free conversions for a wide range of cryptocurrencies, including BTC, ETH, Cardano (ADA), Solana (SOL), or Dogecoin (DOGE).
By leveraging strategic partnerships such as the one with Due Network, Neverless allows its users, particularly in emerging markets like Mexico or the United Arab Emirates, to deposit local currencies (MXN, AED, etc.) and instantly receive stablecoins or other cryptos at rates close to the market, while avoiding the prohibitive fees of traditional exchanges.
Similarly, withdrawals to local bank accounts are fast, economical, and secure, making Neverless an ideal solution for investors seeking a simple and cost-effective gateway between the fiat and crypto worlds.
The promise of “zero fees” deserves a thorough analysis. While Neverless has eliminated direct trading commissions, there are other potential costs to be aware of for a complete picture.
| Operation | Fees at Neverless | Comment |
| Trading (Buy/Sell) | 0% (except illiquid cryptos) | The main competitive advantage. Very rare in the market. |
| Bank Transfer Deposit | 0% | Market standard, but always appreciated. |
| Card Deposit (Apple/Google Pay) | 0% up to €1,000, then 2% | An attractive introductory offer, but the 2% fee afterward is high. |
| Cryptocurrency Deposit | 0% | Market standard. |
| Bank Transfer Withdrawal | 0% | An excellent point, many platforms charge for these withdrawals. |
| Cryptocurrency Withdrawal | Network fees only | Transparent and fair. Neverless doesn’t add any additional commission. |
| Early Strategies™ Withdrawal | 0.5% (if < 14 days) | A reasonable fee to discourage very short-term movements. |
Since transaction fees are zero, the spread is the main cost to watch. The spread is the difference between the price at which you can buy a crypto and the price at which you can sell it at a given moment. We used Neverless’s comparison tool and compared it with real-time data from other platforms. Our conclusion is that Neverless keeps its promise of transparency.
The spread is indeed very low, often less than 0.1% for major pairs like BTC/EUR. This is comparable to, or even better than, Binance. For investors, this guarantees a displayed price very close to the actual market price. Result : each transaction retains maximum value.
In an industry that’s still young and sometimes tumultuous, fund security and the regulatory framework remain non-negotiable criteria. Let’s look more closely at where Neverless stands in 2025.
Neverless has made the strategic choice to anchor itself in the European regulatory framework. The company is registered as a PSAN (Digital Asset Service Provider) with the Bank of Spain. This registration implies compliance with strict anti-money laundering (KYC/AML) and consumer protection standards.
Additionally, the mention of a MiFID license indicates a willingness to comply with European directives on financial instrument markets. This is an additional guarantee of seriousness for Neverless. However, specific markets like Switzerland pose a limitation. The absence of a local FINMA approval remains a point of vigilance for residents.
Neverless highlights a multi-level security architecture to protect the assets of its clients :
Despite these robust measures, the absence of a publicly and cryptographically verifiable Proof of Reserves remains an area for improvement. Like most centralized platforms, Neverless is a “custodial” service. This means you don’t directly hold your private keys. It’s the usual trade-off between ease of use and total control of your assets.
Neverless’s “zero fees” positioning is a frontal attack on the business model of all other exchanges. One essential question remains : How does it really compare to market leaders?
| Criteria | Neverless | Binance | Bitget |
| Trading Fees | ✅ 0% | 0.1% – 0.5% | 0.1% – 0.4% |
| Number of Cryptos | ✅ 800+ | ✅ 600+ | ✅ 700+ |
| Passive Returns | ✅ 3.55% BTC, 4.28% ETH | 1–3% depending on product | 2–8% depending on product |
| User Interface | ✅ Very simple (mobile) | Complex but comprehensive | Technical interface |
| France/EU Regulation | ✅ EU PSAN | ✅ France PSAN | ❌ No France PSAN |
| Advanced Trading | ❌ Not available | ❌ Limited (no futures) | ✅ Futures available |
| Withdrawal Fees | ✅ 0% (bank transfer) | Variable by crypto | Variable by crypto |
| Customer Support | Good | Email / Discord | ✅ Responsive support |
| Unique Products | ✅ Strategies™ Account | ✅ Launchpad, NFT | ✅ Copy trading |
As our analysis and Neverless’s own comparison tool show, for the same amount in euros, you’ll almost systematically get more cryptocurrency on Neverless than on Binance, Coinbase, Revolut, or Kraken. The gap, which may seem minimal on a single transaction (around 0.1% vs Binance), becomes significant in the long term and with large volumes. Compared to French players like Coinhouse or Bitstack, the difference in fees is even more pronounced.
Where Neverless distinguishes itself is in the breadth of its offering. With more than 800 assets, the platform surpasses most of its competitors. It provides access to a very broad investment universe, including DeFi tokens often absent from traditional platforms.
However, giants like Binance or Bybit maintain an advantage in advanced trading features. Futures, options, and other derivative products are not available on Neverless. The deliberate choice is clear : a positioning focused on simple investment and savings.
One of Neverless’s greatest strengths is its simplicity. Here’s a step-by-step guide to creating your account and making your first investment in just a few minutes.
Neverless is a mobile-first platform. Go to the App Store (iOS) or Google Play Store (Android) and download the “Neverless” app.
Registration is quick. You can use your Google account, Apple account, or an email address. You’ll be asked to provide basic information (name, address) and choose a username.
In accordance with European regulations, identity verification is necessary. Prepare an ID document (ID card, passport). The process is guided and takes just a few minutes, including taking photos of the document and a selfie.
Once your account is validated, you can fund it. The simplest and free option is a SEPA bank transfer. You can also use Apple Pay or Google Pay (free up to €1,000) for an instant deposit, or transfer existing cryptocurrencies from another wallet.
That’s it! You can now explore more than 800 cryptocurrencies and buy the one of your choice in just a few clicks, without fees. Or, if you prefer a passive approach, you can deposit funds into your savings account or the Strategies™ Account to start generating interest immediately.
To complete our analysis, we’ve scoured through reviews left by users on platforms like Trustpilot, the App Store, and specialized forums.
On Trustpilot, Neverless achieves an overall “Excellent” rating of 4.1/5. Nearly 87% of users give the maximum five-star rating. Positive reviews highlight the simplicity of the interface, the absence of fees, and the profitability of savings products.
However, 9% of users left a one-star rating. Criticisms mainly focus on difficulties during identity verification, especially for non-citizen residents in the United Kingdom.
Neverless keeps a rare promise in the industry : allowing you to buy and invest in cryptocurrencies without transaction fees, with minimal spreads. This approach places it among the most competitive platforms in 2025, especially for beginners and regular DCA investors. The simplicity of its interface and its innovative savings products, like the Strategies™ Account, enhance its attractiveness. The European regulatory framework and the founding team from Revolut add a layer of credibility that cannot be overlooked.
Neverless has even taken a spectacular step forward with 50,000 users and a trading volume exceeding one billion dollars, consolidating its position as an essential crypto platform.
However, the absence of advanced features and a mobile-only experience are limitations to consider. For traders seeking complex options, Bitget remains more suitable. On the other hand, for those who prioritize reduced fees, simple management, and accessible passive returns, Neverless represents a solid and promising alternative in the European crypto landscape.
We recommend Neverless to those for whom fees are an essential criterion. The platform also caters to investors looking for a simple, mobile, and efficient experience. It delivers on its promises of transparency and profitability. It also has the potential to become a major player in the European crypto landscape in the coming years.
Caméléon de la rédaction et experte SEO, Maholy Ny Voary a découvert le monde des cryptomonnaies et du Web3 en 2021. Constamment à l’affût des nouveautés, elle continue de se former pour créer des contenus engageants qui aident véritablement les internautes.
Neverless is a cryptocurrency exchange launched in Europe. It offers buying, selling, and savings solutions with zero transaction fees.
The platform provides access to over 800 digital assets. It includes major cryptocurrencies like Bitcoin and Ethereum, as well as numerous DeFi tokens.
Yes, Neverless is regulated in Europe (PSAN in Spain). Funds are segregated, stored in cold wallets, and secured with MPC technology.
The platform earns revenue through a small spread and specific fees, such as 2% on card deposits above €1,000. The Strategies™ Account can also generate part of the income.
Its main competitors are Binance and Bitget, known for their extensive offerings and advanced trading tools. Neverless stands out with its zero-fee model and simplicity-focused approach.
No, there is always a risk of capital loss. Even though “market-neutral” strategies limit volatility, technical or counterparty risks can still occur.
DISCLAIMER
This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.
InvestX is not responsible for the quality of the products or services presented on this page and cannot be held liable, directly or indirectly, for any damage or loss caused by the use of any product or service featured in this article. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. This article does not constitute investment advice.
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