Get a loan against your Tether.
Open a crypto-backed Credit Line using your USDT as collateral. Enjoy a flexible repayment schedule, tax-efficient borrowing, and interest rates as low as 2.9%.
Find out how much collateral you would need to borrow your desired amount.
Access borrowing power of up to $2 million daily for individuals and up to $200 million for private clients.
Open a Credit Line with an automatic approval process — receive your funds on the same business day, or within 5 business days at the latest.
Hold onto your digital assets while accessing liquidity without triggering taxable events that come with selling.
Send funds to your bank account or receive USDC and USDT directly to your Nexo account.
Repay your Tether loan at your own pace without worrying about rigid schedules.
Choose to repay with fiat or crypto – including the digital assets you used as collateral for your Tether loan.
No matter your wealth growth goals, access the funds you need without selling your digital assets. To learn more, visit our Help Center.
Unlike traditional loans that take into account your credit score, Nexo offers a crypto-backed Credit Line that uses your digital assets as collateral. Once you add Tether to your portfolio, you can immediately access your Credit Line. You have two options to receive your loan.
To learn more about Nexo’s crypto loans, visit our Help Center article
.The amount you can borrow against your Tether is determined by the Loan-to-Value (LTV) ratio. For example, with $50,000 in collateral and Tether's LTV of 50%, you can borrow $25,000 in digital assets.
The maximum amount you can borrow is $2,000,000 per day, while the minimum borrow amount is $50 in stablecoins (USDT, USDC) or $500 via bank transfer.
To learn more about the Loan-to-Value ratio, visit our dedicated Help Center article.
The availability and processing time of your Tether loan depend on the transfer method and type of currency you select.
Your Tether loan interest rate is determined by your Loyalty Tier, which depends on the percentage of NEXO Tokens against the rest of your portfolio. To unlock Nexo’s Loyalty Program benefits, including reduced interest rates, your portfolio balance must be at least $5,000.
Base: No NEXO Tokens are needed; the interest rate on your outstanding Credit Line balance is 18.9%.
Silver: The ratio of the NEXO Tokens in your account against the rest of your portfolio must be at least 1%; the interest rate on your outstanding Credit Line balance is 17.9%.
Gold: The ratio of the NEXO Tokens in your account against the rest of your portfolio must be at least 5%; the interest rate on your outstanding Credit Line balance is 13.9%.
Platinum: The ratio of the NEXO Tokens in your account against the rest of your portfolio must be at least 10%; the interest rate on your outstanding Credit Line balance is 10.9%.
If your portfolio balance drops below $5,000 for seven consecutive days, your loan will be subject to an 18.9% interest rate, regardless of your NEXO Token ratio.
To learn more about Nexo’s Loyalty Program, visit our Help Center.
Your Loan-to-Value (LTV) changes as the market value of your collateral goes up or down.
If your collateral's value rises, your Credit Line limit increases accordingly. You can choose to borrow more, keep your current Credit Line unchanged, or use the additional value of your Tether to repay part of your credit.
If your collateralized assets decrease in value, your LTV will rise, meaning you may need to add more collateral or make a repayment to avoid automatic loan repayments. If your LTV reaches the 83.33% mark, partial automatic repayments may occur to rebalance the LTV ratio.
To learn more about loan repayments, visit our dedicated Help Center article.
Keeping an eye on your account during market fluctuations is important. If the value of your collateral drops significantly, its Loan-to-Value (LTV) will rise, increasing the risk of automatic loan repayment.
To avoid this, you can proactively add more collateral to your Nexo account or make partial or full loan repayments.
Nexo’s advanced algorithm monitors your crypto-backed loan 24/7, ensuring your Credit Line remains in good standing and taking action when needed. If your LTV ratio is above 70% and continues to increase further, you may receive a margin call via email or push notification asking you to top up additional crypto assets or repay part of your loan to prevent automatic loan repayment.
If your LTV hits a critical threshold, partial automatic repayments may be triggered to restore the balance of your LTV ratio. To help you preserve as much of your digital assets as possible, only the minimum required amount of crypto will be sold.
To learn more about loan repayments, visit our dedicated Help Center article.
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