Better Than Any Bank Account
- Get 8% return on your crypto investments
- Diversify your portfolio globally
- Help grow businesses around the world
The Nexo Instant Crypto Credit Line
What is Nexo?
Nexo gives digital asset holders the best of both worlds – instant access to cash and retaining ownership of their assets. Its global operations are powered by the profound lending experience of Credissimo, a leading FinTech Group serving millions of people across Europe for over 10 years, while multiple banking and financial service regulators.
Nexo’s instant lending platform combines seamless user-experience with military-grade security and with 256-bit encryption. Clients funds are held in individually assigned multi-signature wallets in cold storage, held with the only qualified audited and Goldman Sachs-backed custodian BitGo.
BitGo is Cryptocurrency Security Standard Level 3 as well as SOC 2 compliant.
Nexo is being advised by multiple prominent figures from the Tech and Finance sectors, including Michael Arrington – Founder of TechCrunch and Trevor Koverko – CEO of Polymath
Earn 8% interest Earn substantial profits with the Nexo crypto credit line. Interest rates are around 5.9% and the expected average rate of return is 8%.
Start Today Sign up with your email to start making an investment in different cryptocurrencies immediately.
Bitcoin Technology Bitcoin enables smooth cross-border transactions, making it perfect for international investment with buying and selling of crypto.
Fund Businesses Help business owners and entrepreneurs around the globe while diversifying your portfolio.
Nexo has fully automated all processes on its borderless crypto lending platform, which has allowed the company to build a huge customer user base of more than 200,000 people coming from all corners of the world.
At the same time, it has been Nexo’s utmost priority to provide a top-notch customer support service, whenever their clients need assistance.
10 Reason to choose Nexo?
- 100% automated platform. Deposit your assets, withdraw loans, and repay them on your own.
- You are in full control. There are no minimum loan repayments. You can repay your loan at any time. You can repay it in fiat, crypto or a combination of fiat and crypto.
- NO fees – one interest rate. You decide when to pay the interest. Zero other fees. Zero unpleasant surprises.
- High yield interest of 8%. Nexo offers its customers an unmatched 8% per year on both stable coins (such as USDT, USDC, TUSD, PAX, SAI) and fiat savings. Send your passive assets to Nexo and let them work for you without having them locked as we allow you to withdraw them at any time.
- Military-grade security. Nexo partners with the world-renowned custodian BitGo to secure all crypto assets. BitGo is backed by Goldman Sachs and is Cryptocurrency Security Standard Level 3 as well as SOC 2 compliant.
- Multi-asset support. You can deposit BTC, ETH, XRP, LTC, BNB, XLM, NEXO, BHC, EOS, and stable coin. We keep adding support for new assets on a regular basis. You can deposit several different assets at any time and your loan limit will be automatically calculated. When the value of your assets increases, your loan limit will automatically increase.
- Truly a global platform. You can withdraw an instant loan in 45+ fiat currencies across 200+ countries. Usually, you will receive the funds with 1 business day. You can also get instant loans in stable coins.
- Avoid capital gains taxes. When you take a crypto loan and spend that loan, you avoid paying any capital gains taxes, which otherwise in many countries you have to pay when you sell your crypto.
- Margin call notifications. You can take a Nexo loan equal to up to 50% of the crypto collateral you deposit. In other words, if your collateral is $10,000, you can get a loan of up to $5,000. If the collateral-to-loan ratio drops from the initial 200% to 140%, you will receive 3 margin calls (notifications via SMS and email) at 140%, 135%, 130%. To avoid partial automatic loan repayments you can deposit more crypto assets. If you don’t, at 120% Nexo Oracle will automatically start selling small chunks of your collateral to keep the collateral-to-loan ratio just above 120%. Nexo Oracle will sell as little as possible, so you hold as much crypto as possible.
On the flip side, if the value of the collateral increases, your credit line will be automatically increased as well, allowing you to take another loan or to spend with the Nexo card.
- Ten years of experience in online lending – Nexo’s team built the European fintech group Credissimo, which has been giving out online loans in 6 counties and is a market leader in 2 of those. Credissimo has been audited by Deloitte and has won numerous Forbes awards for innovation. In short, we know how to manage lending risks and how to provide you with a flawless online lending experience.”
Key factors of Nexo Instant Crypto Credit Line
Build a brighter future with bitcoin lending
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.
How The Nexo Instant Crypto Credit Line Works
- Deposit Crypto Assets to Your Secure Nexo Account Crypto assets are secured by renowned SEC-approved custodian BitGo.
- A Credit Line Becomes Instantly Available. No Credit Checks Receive an instant flexible credit line using our fully automated process.
- 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.
- Advantages: No Minimum Repayments, No Hidden Fees Interest is debited from your available limit. Make repayments at any time