Terms at a glance
| Product model | Centralized |
|---|---|
| Advertised rate | From 1.9% · Conditional annual interest |
| Rate conditions | Not a universal APR. Loyalty tier, region and other conditions apply. |
| Collateral | BTC, ETH + supported assets |
| LTV | 50% for BTC on product page |
| Term / structure | Flexible credit line |
| Funding | Options vary by region |
| Collateral model | Centralized platform; review agreement |
| Fees | Request rate and cost for your tier |
Source: Nexo documentation. Figures describe the reviewed product, not an offer available to every borrower. See rate-source notes for documented discrepancies.
What to weigh up
Why borrowers consider it
Broad collateral support and a credit-line format may help borrowers who do not want a single-asset loan.
Tradeoffs and responsibilities
The headline rate is conditional. A NEXO-token allocation introduces an additional asset exposure to consider alongside the loan.
Common questions about Nexo
These answers cover borrowing costs, collateral and repayment. Eligibility and the signed agreement determine the terms of an actual loan.
What is Nexo and how does borrowing work?
Nexo combines borrowing with a wider crypto platform. It can suit a borrower who already uses its portfolio and loyalty features.
What rate does Nexo charge?
The reviewed source shows From 1.9% (conditional annual interest). Not a universal APR. Loyalty tier, region and other conditions apply.
Which collateral can I use with Nexo?
The documented collateral is BTC, ETH + supported assets. 50% for BTC on product page. Supported assets and limits must match the specific product and account offer.
Who controls collateral with Nexo?
The documented model is: Centralized platform; review agreement. The headline rate is conditional. A NEXO-token allocation introduces an additional asset exposure to consider alongside the loan.
How long can I borrow and what can I receive?
The documented term or structure is: Flexible credit line. Funding is described as Options vary by region. Confirm the repayment asset and schedule before borrowing; a crypto payout may require a separate conversion to pay a fiat expense.
What fees should I include in a Nexo quote?
Request rate and cost for your tier. Compare net proceeds and the payoff amount on your planned repayment date. Avoid adding a charge twice if it is already included in APR.
Can everyone borrow from Nexo at 1.9%?
No universal eligibility is established by the headline. Nexo states that rates vary by region, loyalty tier and other conditions. Use the current account offer and include any token-allocation requirement in your decision.
What should I compare beyond Nexo’s headline rate?
Compare lending records, public reporting and defined collateral terms alongside cost. A lower actual Nexo quote can still be relevant; the best fit depends on the borrower’s assets, eligibility and priorities.
Can I lose collateral when borrowing through Nexo?
Yes. Collateral-price declines, interest accrual or failure to meet repayment obligations can lead to collateral sales under the applicable rules. Custody, counterparty, smart-contract and operational risks depend on the product. Keep a repayment and collateral-management plan; no rate or starting LTV makes a loan risk-free.
Sources and further reading
These answers summarize the dated research used throughout this site. They do not reflect hands-on borrowing tests or a live rate feed. Read the methodology.