NEXO TokenCredit Line
Bitcoin CashCredit Line
USD CoinCredit Line
Click on the "Top up" button. Copy the top-up address and transfer the amount you wish to top up.
Once you have added digital assets to your account, you will be able to open a credit line. Your available credit line limit will be calculated depending on the value of your assets.
Available Credit Line
40+ Fiat Currencies
Withdraw cash or stablecoins or start spending using the Nexo Card. You will be charged interest only on the amount you actually withdraw.
Your withdrawal is
Hold on to your crypto’s upside potential and get instant cash with Nexo’s Instant Crypto Credit Lines.
Get the best rates for our
Instant Crypto Credit Lines™.
You can transfer your assets to your Nexo account and get an Instant Crypto Credit Line™.
You can immediately get cash from your credit line by:
To open a credit line, you need to:
Watch this short video on How to get an Instant Crypto Credit Linе™ to learn more about our credit line.
Note: Due to anti-money laundering regulations, you can only use stablecoins to cover 50% of the collateral required for fiat credit. The other half of the required collateral must comprise crypto assets (e.g. BTC, ETH, etc.)
You may also need to provide supporting documents to prove the origin of your funds.
Visit our help center for more detailed information.
The loan-to-value (LTV) ratio is the ratio of the loan relative to the value of the collateral asset).
LTV is calculated as the loan amount in USD divided by the value of the collateral in USD, expressed as a percentage.
Credit amount: $5,000
Value of collateral: $10,000
Loan-to-Value = ($5,000/$10,000)*100% = 50.0%
For exact LTV on each asset, visit our help center.
No, there are no prepayment, origination or installment fees.
The interest you accrue on your credit is added to your outstanding balance daily at 22:00 UTC.
Note: If you repay a loan within 30 days of the last withdrawal, you will be charged interest for the full 30 days.
If your collateral appreciates in value, your credit line limit also goes up. You’re free to withdraw more credit or leave your current loan 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:
The transaction is performed without any additional fees on Nexo’s part. Any resulting charges are fees from the exchange that facilitated the trade.
If your collateralized assets decrease in value and you do not add additional assets to your Nexo account after receiving warnings from the Nexo blockchain oracle, the Nexo Oracle may initiate partial automatic loan repayments to rebalance the Loan-to-Value back within limits.
To avoid this scenario, you can enable our Automatic Collateral Transfer feature. Here’s how it works: when you don’t cover the required LTV ratio, the Nexo Oracle will automatically transfer a small portion of your assets from the Savings Wallet to the Credit Line Wallet to fulfill the gap, thus keeping your loan health in check.
You can withdraw from your Nexo credit line as many times as you want as long as you:
Note: If there is not enough collateral in your Credit Line Wallet for a credit withdrawal, assets from your Savings Wallet will be transferred automatically to your Credit Line Wallet.
Nexo is the world’s leading regulated digital assets institution. The company’s mission from day 1 is to maximize the value of digital assets by offering tax-efficient ‘Instant Crypto Credit Lines’, high-yield ‘Earn Interest’ products and ‘Send & Pay’ capabilities for our clients, while ensuring the $375 million custodial insurance and military-grade security of the Nexo Account. Nexo currently manages $15+ billion in assets for 1,500,000+ users across 200 jurisdictions.
Nexo offered to provide immediate funding of up to $2 million per customer to SALT Lending’s backlog of loan applicants.
The annualized dividend yield of NEXO is 4.80% which beats all dividend stocks in Warren Buffet’s portfolio: Apple at 1.4%, JP Morgan at 3%, Wells Fargo at 3.3%, and Goldman Sachs at 1.6%[...] A truly borderless enterprise, Nexo offers clients over 40+ fiat currencies to choose from in over 200 jurisdictions.