Market is up1.27%in the last 24 hours
- Private Clients
- Blog
Get Funds.
Keep Your Crypto.
Borrow without selling your crypto with rates as low as 2.9%. Just top up and your credit line is immediately available.
Why Use Nexo's Credit Lines
Get as much or as little as you want, whenever you want with the most flexible crypto credit line out there.
Quick Approval
You are quickly approved and typically receive the funds within 24 hours.
Multiple Currencies
Select between EUR, USD, or GBP or borrow in stablecoins using USDT or USDC.
Backed by Multiple Assets
Borrow against not just one cryptocurrency, but your whole digital asset portfolio.
No Installments
Pay off your balance partially or fully when you want with no fixed payment schedule.
Seamless Repayment
Choose between stablecoins, crypto, or a combination of both to repay your credit line.
Linked to Your Nexo Card
Spend your credit line at over 100 million merchants with the Nexo Card.
$8B+Issued in credit
since 2018
7M+Nexo users
worldwide
80+Currencies
to borrow against
200+Available
jurisdictions
Borrow at Just 2.9% Interest
Join our Loyalty Program and get funds at low cost! Just enable our Low-Interest Borrowing feature to automatically keep your LTV ratio below 20% and enjoy our best rates.
Not a Conventional Loan. But a Smart Credit Line.
Learn more about the benefits of our Crypto Credit Lines compared to traditional loans.
Crypto Credit Lines | Conventional Loans | |
---|---|---|
Opportunity to grow your portfolio | ||
Lower interest rates | ||
No origination fees | ||
Tax-efficiency | ||
Quick approval | ||
No paperwork to fill | ||
No monthly repayments | ||
No impact on credit score |
See How Much You Can Borrow
Enter the amount you’d like to borrow to find out how much collateral is required.
How to Get Started
It’s the best experience you’ve ever had with obtaining funds. All you have to do is:
Click on the "Top Up" button. Copy the top-up address and transfer the assets you wish to use as collateral.
Once you top up, you will be able to borrow immediately with no credit checks. Your available limit will be calculated depending on the value of your assets.
Withdraw your funds without any delays. You will be charged interest only on the amount you actually borrow.
Cover Your Daily Expenses
Thanks to its direct link to your credit line, the Nexo Card is great for quick spending on everyday purchases.
Borrow Against 85+ Assets
A variety of digital assets can be used as collateral to back your Crypto Credit Line.
NEXO Token
NEXO
15% LTV
Borrow Now
Ethereum
ETH
50% LTV
Borrow Now
Bitcoin
BTC
50% LTV
Borrow Now
Pax Dollar
USDP
90% LTV
Borrow Now
DAI
DAI
90% LTV
Borrow Now
USD Coin
USDC
90% LTV
Borrow Now
USDT
USDT
90% LTV
Borrow Now
PAX Gold
PAXG
70% LTV
Borrow Now
NETH
NETH
50% LTV
Borrow Now
Optimism
OP
33% LTV
Borrow Now
Axie Infinity
AXS
33% LTV
Borrow Now
Polygon
MATIC
33% LTV
Borrow Now
Fantom
FTM
33% LTV
Borrow Now
THORChain
RUNE
33% LTV
Borrow Now
NEAR Protocol
NEAR
33% LTV
Borrow Now
Cosmos
ATOM
33% LTV
Borrow Now
Kusama
KSM
33% LTV
Borrow Now
Avalanche
AVAX
33% LTV
Borrow Now
BOOK OF MEME
BOME
30% LTV
Borrow Now
Jupiter
JUP
30% LTV
Borrow Now
Filecoin
FIL
30% LTV
Borrow Now
dogwifhat
WIF
30% LTV
Borrow Now
FLOKI
FLOKI
30% LTV
Borrow Now
Render
RENDER
30% LTV
Borrow Now
Ether.fi
ETHFI
30% LTV
Borrow Now
PEPE
PEPE
30% LTV
Borrow Now
Internet Computer
ICP
30% LTV
Borrow Now
Toncoin
TON
30% LTV
Borrow Now
Pendle
PENDLE
30% LTV
Borrow Now
Shiba Inu
SHIB
30% LTV
Borrow Now
Wormhole
W
30% LTV
Borrow Now
Ethena
ENA
30% LTV
Borrow Now
ONDO
ONDO
30% LTV
Borrow Now
SEI
SEI
30% LTV
Borrow Now
SUI
SUI
30% LTV
Borrow Now
Injective
INJ
30% LTV
Borrow Now
The Graph
GRT
30% LTV
Borrow Now
Pancake Swap
CAKE
30% LTV
Borrow Now
Enjin Coin
ENJ
30% LTV
Borrow Now
Basic Attention Token
BAT
30% LTV
Borrow Now
Algorand
ALGO
30% LTV
Borrow Now
Hedera
HBAR
30% LTV
Borrow Now
Worldcoin
WLD
30% LTV
Borrow Now
yearn.finance
YFI
30% LTV
Borrow Now
Kyber Network
KNC
30% LTV
Borrow Now
Balancer
BAL
30% LTV
Borrow Now
Osmosis
OSMO
30% LTV
Borrow Now
Synthetix
SNX
30% LTV
Borrow Now
Convex Finance
CVX
30% LTV
Borrow Now
Compound
COMP
30% LTV
Borrow Now
STEPN
GMT
30% LTV
Borrow Now
Frax Share
FXS
30% LTV
Borrow Now
Ethereum Name Service
ENS
30% LTV
Borrow Now
1inch Network
1INCH
30% LTV
Borrow Now
Chiliz
CHZ
30% LTV
Borrow Now
Maker
MKR
30% LTV
Borrow Now
Lido DAO
LDO
30% LTV
Borrow Now
Curve DAO
CRV
30% LTV
Borrow Now
DYDX
DYDX
30% LTV
Borrow Now
SushiSwap
SUSHI
30% LTV
Borrow Now
The Sandbox
SAND
30% LTV
Borrow Now
Decentraland
MANA
30% LTV
Borrow Now
Uniswap
UNI
30% LTV
Borrow Now
Dogecoin
DOGE
30% LTV
Borrow Now
AAVE
AAVE
30% LTV
Borrow Now
Arbitrum
ARB
30% LTV
Borrow Now
Chainlink
LINK
30% LTV
Borrow Now
EOS
EOS
30% LTV
Borrow Now
Stellar
XLM
30% LTV
Borrow Now
Bitcoin Cash
BCH
30% LTV
Borrow Now
Litecoin
LTC
30% LTV
Borrow Now
GMX
GMX
30% LTV
Borrow Now
Cardano
ADA
30% LTV
Borrow Now
Celestia
TIA
30% LTV
Borrow Now
Solana
SOL
30% LTV
Borrow Now
BNB
BNB
30% LTV
Borrow Now
Polkadot
DOT
30% LTV
Borrow Now
XRP
XRP
30% LTV
Borrow Now
GALA
GALA
25% LTV
Borrow Now
ApeCoin
APE
25% LTV
Borrow Now
Aptos
APT
15% LTV
Borrow Now
Sweat Economy
SWEAT
10% LTV
Borrow Now
Terra
LUNA
0.01% LTV
Borrow Now
TrueUSD
TUSD
0.01% LTV
Borrow Now
Huobi Token
HT
0.01% LTV
Borrow Now
TRON
TRX
0.01% LTV
Borrow Now
Get Stablecoins or FiatX Currencies
Stablecoins are quickly received to your Nexo account and FiatX currencies to your bank account take up to 1 business day
Supporting You Even Under Extreme Market Conditions
Nexo’s cutting-edge tools monitor your credit line health in real time and preserve the value of your collateral even in a market downturn.
Margin Calls
If your collateral starts to depreciate, our Nexo blockchain oracle will send you an email encouraging you to partially repay your crypto credit or add extra collateral.
Collateral Transfer
In case you don’t take any action, the blockchain oracle will automatically transfer assets from your Savings Wallet to your Credit Wallet to keep your credit line health in check.
Automatic Repayments
And if you don’t have assets in your Savings Wallet, the Nexo blockchain oracle will use portions of your collateral to initiate automatic credit repayments – just enough to fill the gap.
How to Best Utilize Your Credit Line
With a minimum of $50 and a maximum of $2M, Nexo is here to help you afford the necessities and luxuries you are thinking about.
Make a Major Purchase
Leverage your crypto and put the funds towards a major expense like renovating your home, buying a new car, or funding your education. Or why not spoil yourself and book that lavish trip you dream of?
Optimize Your Taxes
When using you borrow stablecoins using crypto as collateral, you may optimize your taxes as you’re not selling digital assets.
Buy More Crypto
By collateralizing your existing crypto, you can purchase a variety of digital assets and earn interest or trade them. You can even buy traditional assets like stocks, gold, or real estate.
Grow Your Business
Expand your company without giving up your crypto holdings. Cover operational expenses, pay employees on time, or take advantage of a favorable business opportunity.
FAQs
How do Nexo’s Crypto Credit Lines work?
Unlike traditional loans that consider your credit score, Nexo offers crypto-backed credit lines, using your digital assets as collateral. In essence, you receive funds in exchange for holding your crypto with Nexo.
Once you top up, you can immediately access your credit line by:
- Withdrawing funds straight to your bank account. You can choose between 40+ currencies.
- Withdrawing USDT or USDC to your Nexo account.
To open a credit line, you need to:
- Open theNexo platformor the Nexo app.
- Top up crypto assets and complete verification.
- Tap the “Borrow” button оn the Dashboard screen to withdraw.
Visit our Help Centerfor more detailed information.
How quickly do I get my funds?
The Nexo crypto-backed credit lines are quick and you will receive your funds on the same or the next day.
The processing time is as follows:
- Local transfers: 1 business day
- International transfer: 3 to 5 business days
- USDT (Tether) and USDC (USD Coin): usually takes no longer than half an hour to receive the funds.
What is the interest rate?
Your interest rate depends on your Loyalty Tier, which is determined by the ratio between the value of your NEXO Tokens against the rest of your portfolio:
- Base:No NEXO Tokens are needed; interest on your outstanding credit line balance is18.9%.
- Silver:The ratio of the NEXO Tokens in your account against the rest of your portfolio must be at least 1%; interest on your outstanding credit line balance is17.9 %.
- Gold:The ratio of the NEXO Tokens in your account against the rest of your portfolio must be at least 5%; interest on your outstanding credit line balance is13.9%if your LTV is above 20% and5.9%if your LTV is below or equal to 20%.
- Platinum:The ratio of the NEXO Tokens in your account against the rest of your portfolio must be at least 10%; interest on your outstanding credit line balance is10.9%if your LTV is above 20% and2.9%if your LTV is below or equal to 20%.
To learn more about how our Loyalty Program works,click here.
What is loan-to-value (LTV)?
A credit line’s loan-to-value (LTV) ratio determines the amount of crypto collateral you need in order to take out a crypto credit.
LTV is calculated as the ratio between the crypto credit amount in USD and the value of the collateral in USD, expressed as a percentage.
Example
Crypto credit amount: $5,000
Value of collateral: $10,000
LTV (%) = ($5,000/$10,000)*100% = 50.0%
For the exact LTV for each digital asset,visit our Help Center.
What if the value of my collateral changes before I repay my credit line?
If your collateral's value increases, your credit line limit also goes up. You’re free to withdraw more or leave your current credit line as is.
You can also use the extra value of your crypto to pay off part of your credit. If your assets have met your price target, then you can:
- Place an order in the Nexo app to sell a fraction of the crypto assets in your account.
- Repay part or all of your outstanding balance. You can learn about repayments in oursupport article.
If your collateralized assets decrease in value,your loan-to-value ratio (LTV) will rise. You will receive a minimum ofthree margin calls(via email) when the LTV increases to71.4%,74.1%, and76.9%.
If the value of your collateral continues to drop and your LTV reaches the83.33%mark,the Nexo blockchain oraclemay initiatepartial automatic repaymentsto rebalance the loan-to-value ratio back within limits. The blockchain oracle will sell as little as possible, so you retain as much of your crypto as possible.
To avoid this scenario, top up more assets and enable ourAutomatic Collateral Transferfeature, allowing the Nexo blockchain oracle to automatically transfer a small portion of your assets from the Savings Wallet to the Credit Line Wallet, thus keeping your credit line health in check.
How does Nexo look after my collateral?
Nexo is raising the bar for the entire blockchain space by utilizing the most rigorous KYC and AML policies, impeccable risk assessment, data protection, and enhanced cybersecurity.
Our multifaceted approach includes:
- Military-grade 256-bit encryption for your Nexo account.
- Storage in Class III vaults through leading blockchain custodians, including Ledger Vault, Fireblocks, and others.
- Custodial insurance from our partners via Lloyd’s of London and Marsh & Arch.
- ISO/IEC 27001:2013 certificate ensuring Nexo’s platform infrastructure is of the highest standard.
You can learn more about our platform infrastructure and fundamentals-first model here.
Can't see your question answered above?
More Ways to Get the Best Out of Nexo
Our products are even more powerful when used together.
All Nexo Card purchases are deducted from your available credit line while your portfolio remains intact.
Buy up to 3 times more crypto with the Nexo Booster. Use your newly-acquired assets as collateral for a crypto credit.