Clients can borrow AUD or stablecoins against digital assets at rates from 0.9% to 21.9% without selling holdings.
Nexo has launched regulated cryptocurrency-backed credit lines in Australia, allowing users to borrow Australian dollars or stablecoins using digital assets as collateral. The service, available within 24 hours, offers flexible repayment terms and no origination fees, with interest rates ranging from 0.9% to 21.9% based on loyalty tiers and credit line type.
The move follows Nexo Australia’s registration as a credit representative under the National Consumer Credit Protection Act. Block Earner previously secured a similar license in May 2026, making Nexo one of the few platforms offering regulated crypto-backed loans in the country. Borrowers face margin-call and liquidation risks if collateral value declines.
Clients can select between Smart and Standard credit lines, differing in rates, asset selection, and collateral management. The service targets users seeking liquidity without liquidating their crypto holdings.