Keep your crypto. Unlock its value.

The Nexo Credit Line lets you borrow against your digital assets without selling them. Once you've added eligible crypto as collateral, you can draw funds up to your credit limit. You have two options for receiving your loan: Receive A$ straight to your bank account. Receive USDT or USDC to your Nexo account. Your loan type — Smart or Standard — determines how your eligibility is assessed.

Both are ways of using the same Nexo Credit Line, and both are regulated consumer credit products under Australian credit law. The difference is how your collateral is managed if the market moves against you and your loan-to-value ratio (LTV) passes the limit.
 Standard If your LTV passes 60%, this is treated as a default under your loan. We send you a default notice and give you at least 30 days to bring your LTV back in line, by adding collateral or repaying part of your loan, before any of your collateral is sold.
 Smart You authorise Nexo in advance to manage your collateral for you. If your LTV passes the maximum, we sell just enough of your collateral to improve the health of your loan, rather than sending a notice and waiting.
 With either option you can still add collateral or repay at any time to keep your LTV down.

Your Loan-to-Value (LTV) ratio shows how much you've borrowed, including any accrued interest, compared to the value of your crypto collateral. If the market value of your crypto falls, your LTV rises. What happens next depends on your loan type:


• Smart — Nexo manages your collateral directly once your LTV exceeds 90%.
• Standard — If your LTV exceeds 60%, this triggers a formal default event. You'll get a 30-day notice period before any action is taken on your collateral.

For Smart loans, if your collateral value drops enough to cross your authorised threshold, a portion of it automatically covers part of the owed amount — helping keep your Credit Line stable.
 Standard loans work differently: if your collateral value drops and your LTV rises to 60%, this triggers a formal default event. You'll be given a notice period before any action is taken on your collateral.

Yes — you can add more crypto to lower your LTV, remove part of your collateral when your line is healthy, or swap collateral to exchange one asset for another without closing your Credit Line.

You can repay your Credit Line anytime, using your collateral or salary with no fixed schedule or minimum instalments. You only pay interest for the days you use your Credit Line and the amount you've actually borrowed, though a minimum of 45 days' interest applies if you repay within 45 days. Once you repay, your credit limit refreshes automatically, so you can draw funds again whenever you need them.

Your credit limit is the maximum amount you can borrow against your collateral — it's what makes Nexo a Credit Line rather than a single lump-sum loan. It's calculated using your collateral's value and your loan type's maximum LTV. For example, US$100,000 in BTC at a 50% maximum LTV gives you a US$50,000 credit limit. If you draw $50, your remaining available credit is US$49,950 — the rest stays available for later. Your credit limit itself only increases when your collateral value rises or you add more collateral, and you then request an amount that exceeds your current available credit. Using the example above: if your collateral grows and you request US$60,000, that request is what triggers your credit limit to increase to accommodate it.

Once your Credit Line is fully repaid, your collateral becomes available immediately. You can withdraw it, keep it in your Nexo account, or continue using it for future borrowing needs.

Nexo runs Responsible Lending checks to ensure lending remains appropriate for each client. Every new loan is assessed before funds are released, whether you're on a Smart or Standard Credit Line, as well as when your credit limit increases.