Ethereum-backed loans

Get an Instant Loan
backed with your Ethereum

Let your crypto work for you. The only insured account that lets you borrow instantly in 45+ fiat currencies and earn daily interest on your idle assets.

$100 Million Insurance
on Custodial Assets

Licensed & Regulated Financial Institution

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How The Nexo Instant
Crypto Credit Line Works

Nexo Nexo

1 Deposit Crypto Assets to
Your Secure Nexo Account

Crypto assets are secured by
renowned custodian BitGo


2 A Credit Line Becomes Instantly
Available. No Credit Checks

Receive an instant flexible credit line
using our fully automated process


3 Spend Money Instantly by Card
or Withdraw to Bank Account

Spend from the credit line at any time.
From 5.9% per year APR on what you use


No Minimum Repayments,
No Hidden Fees

Interest is debited from your available limit.
Make repayments at any time

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Why Choose The Nexo Platform

Live Automated Platform

  • Nexo has a fully operational instant lending platform with seamless user experience and military-grade security with 256-bit encryption.

Insured Custodian

  • Nexo partners with to secure all crypto assets. BitGo investors include Goldman Sachs and the platform is SOC 2 Type 2 certified. BitGo Custody carries $100 million USD in insurance protections.

Regulatory Compliance

  • Nexo is using to adhere to the strictest KYC and AML global compliance standards. Onfido is also trusted by Coinbase, Revolut, HSBC, Nationwide, TransferWise and Bittrex.

Instant Access To Cash
Without Selling

Nexo Nexo card

Flexible Crypto Credit Line

Your Crypto Credit Line limit is based on the market value of the crypto assets in your Nexo Account. Additional credit is automatically and instantly available upon appreciation of your crypto’s value

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$1.5+ billion

Processed for 550,000+ Nexo Users


Jurisdictions and 45+ Fiat Currencies Supported

$100 million

Insurance on custodial assets


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12+ Years

of Successful Track Record in
Online Lending


Around the Clock Customer Support

World's Largest and Most Trusted Crypto Lender



Nexo In The Media


While Bitcoin established itself as the premier blockchain currency, Ethereum came along as a second-generation cryptocurrency with a focus on being a true blockchain platform. Here are some interesting facts and a brief overview of the Ethereum platform and its cryptocurrency, Ether - ticker symbol (ETH).

What is Ethereum?

Ethereum & its cryptocurrency Ether (ETH) is fairly new given that it is only about four years old. It was first theorized and proposed in late 2013 by a group of blockchain developers, led by Ethereum founder & wunderkind, Vitalik Buterin. The platform was established in mid-2015.

Essentially, Ethereum is a decentralized, global network of "nodes" that are run by volunteers worldwide. Embedded on top of this network protocol layer, are decentralized applications (or DApps) that can connect users and providers directly. These DApps can be divided into three categories – apps that manage currency, apps that exchange currency for another item of value or data, and apps that involve voting or governance systems.

Why Was It Created?

The primary goal of Ethereum was to introduce a blockchain platform that replaces third parties (such as bankers, lawyers and other middlemen) with smart contracts. These self-executing scripts determine whether a transaction can proceed provided certain conditions have been met. This feature was lacking from previous first generation cryptocurrencies such as Bitcoin.

By eliminating these third parties from a transaction, the entire exchange process can become cheaper, faster, more streamlined and much more adaptable to a vast range of practical applications in a multitude of industries.

Ethereum Features

Ethereum provides a decentralized Ethereum Virtual Machine (EVM) which executes scripts and serves as a runtime "test" environment for Ethereum-based smart contracts on every node in the network. The EVM also acts as a safeguard against untrusted code and Denial-of-service attacks.

The Ethereum protocol also presently uses a Proof of Work (PoW) consensus algorithm, where miners use computer power to effect transactions and create new blocks. They are rewarded in "gas" for this work - usually in fragments of Ethereum from transaction fees.

Like other cryptocurrencies, Ethereum can be divided down to many decimal places and these Ether fragments are named differently at each fractional level. The smallest of these denominations is called Wei. A common larger fraction is known as Gwei. Most transactions are calculated using either Ether (ETH) or Gwei. Many of these denominations were created. A larger commonly used Ether denomination is Finney.

1 Wei = 0.000000000000000001 ETH

1 Gwei = 0.000000001 ETH

1 Finney = 0.001 ETH

Supply and Circulation

There are currently approximately 103.4 million Ether in circulation, and it is estimated that there will be a total of approximately 140 million ETH as the mining difficulty increases exponentially over time. It has been projected that total supply of Ethereum should be set at 144,052,828 ETH, which would be twice the total amount released in the original genesis Ethereum block (including both the sale and the premined units). This somewhat open-ended finite supply of Ethereum makes it semi-deflationary.


Decentralized Applications (DApps) - Ethereum is a blockchain-based software platform that can serve as the foundation for thousands of DApps.

Security & Reliability - have no central point of failure which protects all parties in a smart contract transaction. They also aren't susceptible to server outages as they rely on a network of multiple nodes.

Ethereum Tokens - The Ethereum protocol serves as a foundation for hundreds of cryptocurrency tokens such as the popular Binance Coin (BNB), OmiseGo (OMG) and stablecoin USD Coin (USDC). These tokens all behave the same way (e.g. can be stored in the same wallet) as other tokens on the network. These tokens can be grouped into different standards according to functionality level which includes the ERC-20 token (currently the most common), ERC-223, ERC-721 and the ERC-777 token.

Developer Team - Ethereum is led by a strong central leadership group who are actively seeking to make the platform succeed. They also serve as advocates for the platform and regularly consult with the blockchain community for regular updates.

Proof of Stake Transition - It has been proposed that Ethereum may eventually transition to a Proof of Stake (PoS) consensus algorithm, called "Casper" in the future, where Ethereum holders will be rewarded by staking their Ether.


Price Volatility - While Ethereum began at a very low value when it launched, it has steadily increased as the cryptocurrency market has grown exponentially over the last few years. It is common to see the value of Ethereum increase or decrease by 5 percent or more in a single day.

Smart Contract Code Faults - Unfortunately smart contracts can only be as strong as the developer who writes its code. Although, human error is becoming less of a factor as more developers become experienced.

Transaction Speed - Newer, third generation platform protocols are being developed that can operate more efficiently and at a faster rate.

Instant Ethereum Crypto Loans

Nexo is now offering Instant Ethereum Crypto Loans. Investors now have the ability to offer their Ethereum up as collateral for an Ethereum loan. This Instant Ethereum Crypto Loan will allow investors to hold onto their Ethereum and receive borrowed crypto assets against their Ethereum holdings.

Due to its popularity as the second most widely held cryptocurrency and second in market capitalization only to Bitcoin, Ethereum has a vast range of holders around the globe. These Ethereum investors tend to sit on their holdings while it remains idle or in little use for long periods of time, and not used in any earning capacity. Nexo can now offer a solution to this problem by allowing Ethereum holders to borrow against their existing holdings.

Also, by retaining Ethereum via an Ethereum loan with Nexo, investors do not risk losing any of the upside potential in the long term. In fact, an Ethereum loan could be the difference in securing a larger portfolio net worth in the current climate of the crypto market.