Arch (Standard) vs Nexo
A low-rate qualified-custodian loan against a revolving line that re-lends your collateral.
Rates as of August 9, 2026 · Verified daily
Arch (Standard)Exclusive rate
$100k loan, 50% LTV · Max LTV 60%
Nexo$100k loan, 50% LTV · Max LTV 50%
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The bottom line
Arch (Standard) starts far lower (around 7.25% vs Nexo near 18.9%), holds collateral with Anchorage, and does not rehypothecate, though it adds a 1.49% origination and 2% liquidation fee. Nexo is an open revolving credit line you can draw and repay at will, but it prices high and re-lends your pledged bitcoin. Choose Arch for the lower rate and untouched collateral; choose Nexo only if an always-open line is worth the rate and rehypothecation.
Conditional guidance, not a recommendation. The right pick depends on your loan size, LTV, state, and what you value most. Rates can change; the table below is the live source.
Arch (Standard) vs Nexo, side by side
| Arch (Standard) | Nexo | |
|---|---|---|
| Effective APR$100k loan, 50% LTV, all-in | 10.49% | 15.9% |
| Starting APR | 7.25% | 15.9% |
| Origination fee | 1.49% | None |
| Liquidation fee | 2% | None stated |
| Max LTV | 60% | 50% |
| Custody model | Qualified custodian (Anchorage Digital) | Lender-held |
| Rehypothecation | No | Yes |
| Margin-call cure window | 24 hours | Not published |
| Funding speed | Same day to 1 day | Same day |
| Minimum loan | $5,000 | $50 |
| Maximum loan | No stated maximum | $2,000,000 |
| Loan terms | 1 to 12 months; interest-only; rollover available at maturity | Not published |
| Prepayment | No prepayment penalty | Not published |
| Operating since | 2023 | 2018 |
| Availability | 39 states (excludes 11) | 48 states (excludes 2) |
Rates and fees
On a $100,000 loan at 50% LTV, Arch (Standard) is the cheaper borrow: an all-in effective APR of about 10.49% versus 15.9% at Nexo, a gap of roughly 5.41 points before fees. Nexo charges no origination fee; Arch (Standard) adds 1.49% up front, which matters most on shorter terms.
Custody and counterparty risk
Arch (Standard) holds collateral via qualified custodian (Anchorage Digital), while Nexo uses lender-held. Nexo rehypothecates pledged Bitcoin (re-lends it); Arch (Standard) does not, which means less exposure if the lender runs into trouble.
Leverage, limits, and speed
Arch (Standard) allows the higher maximum LTV (60% vs 50%), so you can borrow more per Bitcoin, at the cost of a thinner buffer before a margin call if the price falls. Minimums differ: $5,000 at Arch (Standard) versus $50 at Nexo. Funding runs same day to 1 day at Arch (Standard) and same day at Nexo.
Track record and availability
Nexo has the longer history, operating since 2018 versus 2023. On availability, Arch (Standard) is not available in 11 states, while Nexo excludes 2.
Strengths and trade-offs
Arch (Standard)
- Anchorage Digital qualified custody
- $100M Lloyd's of London insurance
- Zero rehypothecation, explicit policy
- Segregated wallets
- $75M raised (2024)
- 1.5% origination fee plus 2.5% liquidation fee
- Not available in CA, DE, MS, MT, NV, ND, RI, VT
- Company founded 2023
Nexo
- Relaunched in the US in February 2026 via Bakkt after a 2022 exit
- One of the largest crypto lending platforms globally; Nexo reports 7M+ clients across 200+ jurisdictions since 2018
- Rates from 1.9% to 15.9% APR depending on NEXO token holdings and LTV
- 50% LTV on BTC, $50 to $2M, up to $200M for Nexo Private clients, no origination or monthly fees
- Partial liquidation model: rather than closing your full position if collateral value drops, Nexo repays part of the credit line from a portion of the collateral, keeping the rest of your position intact
- The 1.9% floor rate applies at qualifying NEXO token tiers and LTV; borrowers without NEXO holdings should expect a rate closer to 15.9%
- Not available to residents of New York or Washington. Nexo confirmed on 2026-08-03 that those two states are restricted and the credit line is otherwise available
- Borrowing against crypto is generally treated differently than selling it for tax purposes, but tax treatment depends on your individual situation and jurisdiction. This is not tax advice, so confirm with a tax professional before relying on it
About each lender
Arch (Standard)
Bitcoin-backed loan with Anchorage Digital qualified custody, segregated wallets, $100M Lloyd's of London insurance, and explicit no-rehypothecation policy. Multi-collateral: BTC, ETH, SOL.
Nexo
Nexo offers crypto-backed credit lines, letting you borrow against Bitcoin and over 100 other digital assets without selling, which generally avoids realizing a capital gain. It relaunched in the US in February 2026 in partnership with Bakkt as a regulated entity. Rates run from 1.9% to 15.9% APR and depend on your Wealth Club tier: the higher your NEXO token share and the lower your loan-to-value, the closer you get to the 1.9% floor. A borrower holding no NEXO tokens sits at the 15.9% end.
Frequently asked
Is Arch (Standard) or Nexo cheaper?
On a $100,000 loan at 50% LTV, Arch (Standard) is cheaper, with an all-in effective APR of about 10.49% versus 15.9%. Nexo also charges no origination fee, while Arch (Standard) adds 1.49% up front.
Which has lower custody risk, Arch (Standard) or Nexo?
Arch (Standard) uses qualified custodian and Nexo uses lender-held. Check the rehypothecation row above, as re-lending of collateral adds counterparty risk.
Can I borrow more with Arch (Standard) or Nexo?
Arch (Standard) allows the higher maximum LTV (60% versus 50%), so you can borrow more per Bitcoin pledged. The trade-off is a thinner buffer before a margin call if Bitcoin's price drops.
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borrowonbitcoin.com is a comparison publisher, not a lender or financial advisor. Rate data verified August 9, 2026. How we verify rates · Full disclosures.