Nexo vs SALT Lending: revolving credit vs fixed-term loans.

Borrow against BTC, ETH, and over 30 other digital assets in one flexible Credit Line.

Prepared by Nexo, which offers one or more of the products compared. Based on each provider's public documentation as of November 2026. Terms may change. For general information only and not financial advice. SALT and SALT Lending are trademarks of their owner. Nexo is not affiliated with, or endorsed by, SALT Blockchain Inc. or SALT Lending LLC.
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Nexo vs SALT Lending at a glance.

Terms as of November 2026. SALT rates are fixed for each loan's term. Nexo Credit Line rates depend on your Wealth Club tier and LTV and can change.

NexoSALT Lending

Product type

Revolving Credit Line with no fixed maturity. Draw, repay, and draw again as needed.
Fixed-rate loan with a 1, 3, or 5-year term.
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Interest rate

From 0.9% per year at the Signature tier, with an LTV of 20% or below.
From 12.9% per year at the Classic Tier.
Tiers depend on your NEXO Token holdings, and the token's price is volatile.
7.49% to 10.50% APR, fixed for the term, depending on LTV and term length.
Source

Fees

No origination fee. Interest applies only to the amount you draw.
No origination fee on new loans. 1.5% processing fee for crypto payments without Auto-Pay or for paying off with collateral. 3% Stabilization fee, 2% post-Stabilization conversion fee, and 5% liquidation fee, if selected.
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Accepted collateral

30+ crypto assets, combinable in one Credit Line.
5 assets: BTC, ETH, USDC, USDT, and SALT.
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Loan size

$50 to $2 million per day.
Up to $200 million with Nexo Private.
$5,000 minimum. Maximums vary by jurisdiction.
Sources: Rates & Fees, Pricing

Maximum LTV

Up to 50% on BTC and ETH.
Up to 90% on USDT and USDC.
Up to 30% on other supported assets.
30%, 50%, or 70%, depending on jurisdiction and term. The 70% tier is available on 1-year loans only, and SALT labels it "SALT Only".
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Repayment

Anytime, with no fixed dates or minimum installments.
Monthly interest-only or principal-and-interest payments, or interest accrued and paid at maturity, depending on jurisdiction. Repayable early with no penalty.
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Payout

USD to your bank account, or USDT and USDC to your Nexo account.
USD, or USDC and USDT.
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If collateral value falls

Margin Call notifications as your LTV rises, then partial automatic repayments from collateral at 83.33% LTV, selling only what's needed.
Warning at 75% LTV and margin call at 83.33%. At 90.91%, collateral is converted to USDC through Stabilization or liquidated.
Sources: LTV, Stabilization

U.S. availability

No credit check. Availability varies by state.
No credit check. Available in 47 states and DC, excluding NY, ND, and SD.
Sources: States, Credit check

Client support

24/7 Client Care, with tailored support for every client.
Loan support Monday–Friday, 9:00–17:00 MST, plus a 24/7 AI chatbot.
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Nexo's lowest rates apply at the Signature tier, which requires holding 2 million NEXO Tokens, with an LTV of 20% or below. Rates are not guaranteed and may change.
Borrowing against digital assets involves risk. If collateral value falls, you may need to add collateral or repay, and on either platform your collateral can be sold, including without prior notice.
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What sets Nexo apart from SALT Lending.

Multi-asset collateral

Combine BTC, ETH, and 30+ other digital assets in one Credit Line, and add, remove, or swap collateral without closing it. SALT accepts 5 collateral assets: BTC, ETH, USDC, USDT, and its own SALT token.¹

Revolving credit, not a fixed loan

Borrow and repay on your own schedule, with no maturity date and no need to reapply. SALT loans run for 1, 3, or 5 years, and refinancing depends on the rates, fees, and eligibility at the time.²

Client Care, around the clock

Reach Nexo’s Client Care team 24/7, with personalized support for every client. SALT’s loan support team is available Monday–Friday, 9:00–17:00 MST, with an AI chatbot outside those hours.³

Lending pedigree, built since 2018

Nexo has offered crypto-backed credit since 2018, with a $1.7+ billion loan book (global, Q2 2026). Galaxy Research ranks Nexo third among the CeFi lenders it tracks (Q2 2026).⁴

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Nexo's global track record.

Global figures as of Q2 2026.

$7+ billion

in assets under management

$465+ billion

in transaction volume

10+ million

clients worldwide

Frequently asked questions.

How does Nexo compare to SALT Lending?

Nexo offers a revolving Credit Line with no maturity date, accepting 30+ collateral assets, including BTC, ETH, SOL, and XRP.
SALT offers fixed-rate loans with 1, 3, or 5-year terms, backed by BTC, ETH, USDC, USDT, or SALT, at 7.49% to 10.50% APR.
Source

How do borrowing rates compare?

Nexo Credit Line rates depend on your Wealth Tier and LTV. Starting rates range from 12.9% annual interest at the Classic Tier to 0.9% at the Signature Tier, which requires holding 2 million NEXO Tokens, with an LTV of 20% or below. Wealth Tiers depend on NEXO Token holdings, and the token’s price is volatile.
SALT’s rates range from 7.49% to 10.50% APR, fixed for the term, depending on LTV and term length, and include origination fees where applicable.
Rates on both platforms can change, so check current terms with each provider.
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Do I need NEXO Tokens to use a Nexo Credit Line?

No. You can open and use a Credit Line without holding NEXO Tokens. Holding them can move you into a higher Wealth Tier, which lowers your borrowing rate. Wealth Tiers depend on how many NEXO Tokens you hold, and the token’s price is volatile.

What happens if my collateral drops in value?

On both platforms, a drop in collateral value raises your LTV. On Nexo, you may receive Margin Call notifications as your LTV rises, and if it reaches 83.33%, partial automatic repayments are initiated, selling only the collateral needed. You can add collateral or repay at any time.
SALT sends a warning at 75% LTV and a margin call at 83.33%. At 90.91%, its Stabilization feature converts your collateral to USDC, for a 3% fee. SALT also offers SALT Shield, an optional paid feature for eligible loans over $50,000.
Sources: LTV, Stabilization, SALT Shield

What’s the difference between a credit line and a loan?

Nexo’s Credit Line is revolving. Once open, you draw and repay on your own schedule, with no maturity date.
SALT issues fixed-term loans: you receive the funds once and repay over 1, 3, or 5 years, with monthly payments or interest accrued to maturity, depending on jurisdiction.
If you need ongoing access to funds, a revolving credit line lets you draw again without reapplying or refinancing.
Source

Does SALT Lending charge fees beyond interest?

Yes. SALT charges a 1.5% processing fee for crypto payments without Auto-Pay and for paying off a loan with collateral. If selected, it also charges a 3% Stabilization fee, a 2% post-Stabilization conversion fee, and a 5% liquidation fee.
The Nexo Credit Line has no origination fee, and interest applies only to the amount you draw.
Source

How does Nexo operate in the U.S.?

Nexo’s U.S. offering runs through a partnership with Bakkt, a publicly listed U.S. digital asset platform. Bakkt provides the trading infrastructure behind Nexo’s U.S. products, and U.S. client assets are held with Bakkt.

How do I switch from SALT Lending to Nexo?

Create a Nexo account and complete identity verification. Then add funds by ACH or wire transfer, or transfer eligible crypto to your Nexo account. Once your collateral arrives, you can open a Credit Line, with no credit check.
If you have an active SALT loan, you can open a Nexo Credit Line alongside it, or repay the SALT loan early, which SALT allows with no penalty. Your bank may apply a processing fee, and network fees may apply to crypto transfers.
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Driving the next generation of wealth.

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