Nexo vs Salt Lending: Crypto rates compared.

Nexo offers a revolving multi-asset Credit Line with rates from 0.9% per year, supporting 35+ collateral assets including BTC, ETH, SOL, and XRP. Salt Lending offers fixed-term loans of 1, 3, or 5 years backed by BTC, ETH, and select stablecoins at 8.95%–13.45% annual interest plus a 1% origination fee. The key structural difference: Nexo's Credit Line stays open indefinitely, while Salt's loans have a set term and monthly repayment obligations. Beyond borrowing, you can also generate yield on your digital assets in flexible and fixed-term options. Salt's yield product (SALT LEND) is restricted to accredited investors.

Salt's interest rates range from 8.95% to 13.45% per year, depending on LTV and term length, with an additional 1% origination fee bringing the effective APR to 9.95%–14.45%. Nexo's rates range from 0.9% to 12.9% per year depending on your Wealth Club tier and LTV, with no origination fee.

No, you don't need NEXO Tokens to open or use a Credit Line. You can borrow at any tier without holding any. That said, holding NEXO Tokens does lower your borrow rate — the more you hold as a share of your portfolio, the more you climb through the Wealth Club tiers and unlock better rates across the entire Nexo ecosystem.

On both platforms, a drop in collateral value increases your LTV. Nexo monitors your LTV continuously and may send margin alerts as it approaches critical thresholds, with a partial automatic repayment potentially triggered at 83.33%. You can add more collateral or make a partial repayment at any time to stay ahead of it. Salt Lending offers a paid Stabilization feature (3% fee) that converts your crypto to USDC during market downturns, and a SALT Shield option that prevents liquidation entirely — for an additional fee based on collateral, LTV, and remaining term.

Nexo's Credit Line is revolving. Once open, you draw and repay on your own schedule with no maturity date. Salt Lending issues fixed-term loans: you receive a one-time disbursement and make monthly payments over 1, 3, or 5 years. If you need ongoing access to liquidity, a revolving credit line gives you that flexibility without reapplying or refinancing.

Yes. Salt charges a 1% origination fee on all loans, a 1.5% processing fee for crypto payments (unless enrolled in auto-pay), a 3% stabilization fee if you opt into their market protection feature, and a 5% liquidation fee. Nexo does not charge origination, prepayment, or custody fees.

Create a free Nexo account and complete verification. Once your account is funded with assets eligible for collateral, your Credit Line activates automatically and is ready for use. The process can take you from registration to borrowing on the same day. There is no application, no credit check, and no waiting period. If you have an active loan at Salt Lending, you can open a Nexo Credit Line for new liquidity while your Salt Lending loan runs to its maturity date.