| Nexo | Swyftx | |
|---|---|---|
Core offering | Trade and borrow digital assets, and access loyalty program benefits | Trade and leverage digital assets, and access third-party borrowing |
A$ funding | Osko bank transfer, Visa/Mastercard, Apple Pay, and Google Pay | Osko bank transfer, PayID, card deposits incur a third-party fee |
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 | Yes, but provided by a third-party vendor |
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 |
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. Swyftx connects you to a third-party lender's platform for borrowing.
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. Swyftx has no equivalent offering.
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. Swyftx has no equivalent offering.
Trade, borrow, and access exclusive loyalty benefits— 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.
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