Nexo Review: 2026 Bitcoin Loan Comparison

We have offered crypto-backed credit lines since 2018, through multiple market cycles, to 7M+ clients across 200+ jurisdictions. In February 2026, we relaunched in the United States in partnership with Bakkt, bringing that same track record to American borrowers.

What we offer borrowers

• No origination fees and no monthly fees
• A wide borrowing range, suitable for both small and large positions
• US availability through our regulated partner Bakkt since February 2026

Built for borrowers who want liquidity without selling. Bitcoin holders often need cash, from a real estate down payment to everyday spending to a new opportunity. Selling means realizing a taxable gain; borrowing against Bitcoin generally does not. The Nexo Credit Line is built for that: borrow against Bitcoin and other digital assets, combined in a single credit line, starting from 1.9% annual interest.

Rate, speed, and flexibility. Our rate structure is tied to NEXO token holdings and loan-to-value: the more of your portfolio held in NEXO tokens, the closer your rate moves toward the 1.9% floor. Funding is instant once approved. There is no origination fee and no monthly fee, and repayment follows no fixed schedule.

Built to scale. Credit lines range from $50 to $2 million, with the same instant, revolving structure at every level. Nexo Private clients can access up to $200 million in liquidity.

Portfolio flexibility. Collateral can be added, swapped, or rebalanced across supported assets as market conditions change, without closing the credit line.

A worked example

Consider a borrower holding $500,000 in Bitcoin, acquired several years ago at a fraction of today's price, who needs $150,000 for a real estate down payment. Selling that much Bitcoin would realize a substantial capital gain and create a tax liability on top of the funds already needed for closing. Borrowing against it does not.

At our 50% maximum LTV, a $500,000 Bitcoin position supports a credit line of up to $250,000, so a $150,000 draw sits at 30% LTV with room to spare. It is funded instantly once approved, and can be drawn against Bitcoin alone or against Bitcoin combined with other digital assets in the same credit line. The rate applied depends on NEXO token holdings and LTV, ranging from 1.9% at qualifying tiers to 15.9% without NEXO holdings. Either way the underlying Bitcoin position stays intact, and any further price appreciation still belongs to the borrower.

Repayment follows no fixed schedule: the borrower can repay in full once other funds arrive, make partial payments over time, or carry the balance, provided the loan-to-value stays within our threshold. The same structure applies whether the need is a down payment, a tax bill, or capital for a separate opportunity, and at larger scale Nexo Private extends it up to $200 million in liquidity.

We have operated this model since 2018, across multiple market cycles.