Nexo vs Independent Reserve: borrow and trade, all in one app.

Borrow, trade, and access exclusive loyalty benefits at Nexo without switching apps or accounts. At Independent Reserve, borrowing means stepping outside to a third-party vendor.

Get started with Nexo

Nexo vs Independent Reserve at a glance.

NexoIndependent Reserve

Core offering

Trade and borrow digital assets, and access loyalty program benefits
Trade and borrow (third-party vendor)

Supported digital assets

100+
Around 40

A$ funding

Osko bank transfer, Visa/Mastercard, Apple Pay, and Google Pay
Bank transfer, Visa/Mastercard, PayID/NPP

Cashback on trades

Up to 0.7% on eligible trades
Not available

Borrowing

Proprietary Smart and Standard Credit Line options
Regulated under Australia’s consumer credit framework
Available, but connect to a third-party lender's platform to apply and manage the loan separately

Maximum amount for borrowing

From US$50 up to US$200 million (part of Nexo Private)
From A$50 up to A$5 million

Accepted collateral

BTC, ETH, XRP, and other digital assets
BTC, ETH, and XRP only

Payout currency

A$ or stablecoins
A$ only

Maximum LTV

Up to 50% on BTC and ETH
Up to 30% on other supported assets
Up to 50% on BTC and ETH
Up to 25% on XRP

Interest rate

From 0.90% discounted to 21.90% regular rate, depending on Wealth Club tier, loan type, and LTV
9.50% (Line of Credit) to 11.50% (Fixed Term) fixed, plus comparison rates of 11.93%–12.17%

Origination fee

None
2% of the borrowed amount

Loyalty program

Wealth Club tiered by holdings. Higher tiers unlock better rates and exclusive perks
Not available
Rates subject to change. Check each platform for current terms.
Get started with Nexo

What sets Nexo apart from Independent Reserve.

A credit line that never leaves the app

The Nexo Credit Line is proprietary, built on years of expertise pioneering crypto-backed lending since 2018. Borrow up to US$200 million without leaving your account. Independent Reserve connects you to a third-party lender's platform for borrowing.

Private client offering, only at Nexo

Nexo Private gives eligible clients a dedicated relationship manager, bespoke onboarding, exclusive OTC solutions, and access to curated experiences across the world of premier sports. Independent Reserve has no equivalent offering.

Loyalty built to evolve

Wealth Club tiers (Classic to Signature) unlock lower Credit Line rates, up to 0.7% cashback with no max cap, OTC access, and a relationship manager — plus Milestones that reward tenure over time and exclusive lifestyle experiences across premier sports. Independent Reserve has no equivalent offering.

One app with global pedigree

Buy, sell, trade, and borrow — all in one Nexo account, backed by SOC 2 and SOC 3 Type 2 audits for three consecutive years. Nexo is one of the leading providers of crypto-backed lending, operating across 200+ jurisdictions, and recognized with accolades from industry bodies worldwide.

Built on a track record that speaks for itself.

$7+ billion

in assets under management

$465+ billion

in transaction volume

10+ million

clients worldwide

Frequently asked questions.

What's the difference between Nexo and Independent Reserve?

Independent Reserve's platform is built around buying, selling, and trading a curated list of around 40 digital assets, with leveraged trading and an OTC desk for larger orders. Nexo covers buying, selling, and swapping across 100+ assets, and adds a loyalty program, white-glove private client offering, and a native Credit Line on top — so you can borrow against what you hold, subject to terms and eligibility, without leaving your account.

Does Independent Reserve offer a Credit Line?

Independent Reserve customers can access a crypto-backed loan, but the loan itself is provided and managed through a separate lender's platform, not through Independent Reserve directly. Nexo's Credit Line is issued, serviced, and managed entirely within the Nexo app.

Is Nexo available outside Australia?

Yes. Nexo operates in 200+ jurisdictions worldwide. Independent Reserve operates in Australia, New Zealand, and Singapore.

How do I switch from Independent Reserve to Nexo?

Create a Nexo account and complete identity verification — this may take slightly longer if a manual check is needed. Once verified and funded with an eligible asset, you can use the Exchange straight away, and opt in for a Credit Line if you’re eligible.

Start building your wealth with Nexo.

Nexo is built for pioneers ready to leverage blockchain technology to shape the next generation of wealth. Create your account today and get started.
Sign up