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NexoNexo’s Classic Credit Line supports repeat borrowing, but each new draw restarts an early-repayment interest window. The lowest rate needs NEXO tokens and low loan-to-value, and Nexo can lend or re-pledge collateral. This rest-of-world offer excludes the US, UK, EEA, Canada, and other markets.
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Nexo Credit Line is a revolving crypto-backed credit line from Nexo, a custodial lender operating since 2018. Under the Classic rest-of-world offer, borrowers draw against Bitcoin and other assets, repay in stages, and draw again within their limit, with payouts in stablecoins or to bank accounts.
Standard rates run from 9.9% to 17.9% a year by Loyalty tier, and the lowest advertised 1.9% needs Platinum status and LTV below 20%. BTC supports borrowing up to 50% LTV, and automatic repayment starts at 83.33% LTV for crypto-only collateral. There are no fixed monthly installments.
Nexo holds the collateral and can lend or re-pledge it. The offer excludes the US, UK, EEA, Canada, and several other countries, where separate regional products apply.
Nexo is a leading global financial institution specializing in digital asset services, particularly focusing on cryptocurrency lending, exchange, and financial management solutions.
