Nexo
Nexo provides instant credit lines and rewards for token holders on a large centralized platform.
Interest Rate
2.9-13.9% APR
Max LTV
Up to 80%
Min Loan
$50
Jurisdiction
Global (except US for some products)
Collateral
BTC + 60 other assets
Adoption
High
Type
Centralized
Est.
2018
About Nexo
Nexo is a leading crypto lending platform with over $7B in assets under management. They offer instant credit lines backed by 60+ cryptocurrencies, with rates as low as 2.9% for NEXO token holders. Their platform includes the Nexo Card for spending your credit line, earn products, and exchange services. Nexo maintains insurance coverage through Lloyd's of London and BitGo.
Key Features
Instant credit lines, NEXO token benefits, 40+ fiat currencies, insurance coverage, Nexo Card.
Benefits
- Instant access to credit
- Rewards for NEXO token holders
Risks
- Rates depend on loyalty tier
- Centralized platform
Important Notice
This information is provided for educational purposes only and should not be considered financial advice. Always do your own research and verify current terms directly with Nexo before making any decisions. Rates, terms, and availability are subject to change. Last verified: January 5, 2025.
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