Rules of "0% APR" Campaign

Borrow at 0% APR in the first 30 days Promotion (“the Promo”) is only available for a selected group of users who have received an email Promo notification from Nexo (“the Participants”) and shall be conducted within the period from 00:00 UTC on March 2, 2023 until 23:59 UTC on March 31, 2023 (“the Promo Period”).

Every Nexo Crypto Credit granted to a Participant during the Promo Period will benefit from a zero interest 30-day period*, regardless of the Participant’s loyalty tier and LTV ratio. There is no limit of the volume of Nexo Crypto Credits a Participant can withdraw during the Promo Period; only the standard minimum and maximum thresholds - $50 to $2 million - shall apply. After the expiry of the 30-day period following the granting of an eligible Nexo Crypto Credit, the standard borrow rates from 6,9% to 13,9% defined by the participant’s Loyalty tier shall apply. 

By participating in the Promo, every participant declares their full and unconditional consent to the above requirements (“Promo Rules”), the Nexo Services General Terms and Conditions and the Nexo Crypto Credit General Terms and Conditions (“General Terms”), and accepts as final and binding all Nexo’s decisions with regard to the Promo. In case of discrepancies between the Promo Rules and the General Terms, the latter shall prevail.

Nexo has the right to maintain the integrity of Borrow 0% in the first 30 days and in any event of fraud or fraud attempt, at its sole discretion, to revoke, deny or withdraw reward, to block user’s access to particular products, and/or exclude a user from any future promotional offers.

*The Promo is not valid for the Nexo Card, the Nexo Booster on the Nexo Platform and for Margin Crypto Credit available through Nexo Prime or Nexo Pro platforms.
**The credit interest fees accrued in the first 30 days within the Participant’s Nexo Account will be reimbursed into their Savings Wallet via a single transfer by May 14, 2023 in USDC.