Cryptocurrency Prices by Coinlib
Charges, LVRs and Options In contrast
Each allow you to borrow in opposition to your crypto with out promoting it. This is how Nexo's Credit score Line and Swyftx's crypto-backed mortgage really examine.
For the complete side-by-side breakdown — charges, LTV, charges, at a look — see our Nexo vs. Swyftx comparison.
Charges, charges and mortgage dimension
- Nexo Smart Credit Line: charges run from 7.9% to 16.9% p.a., dropping as little as 0.9% in case your LTV stays underneath 20%. There isn't any origination price, and you may borrow wherever from US$50 to US$2,000,000.
- Nexo Normal Credit score Line: charges run from 9.9% to 21.9% p.a., as little as 2.9% underneath 20% LTV. Additionally no origination price, with mortgage sizes from US$1,000 to US$2,000,000.
- Swyftx Line of Credit score: a flat 9.50% for 12 months, with a 2% price to open the mortgage and one other 2% every time you redraw. You may borrow between $50 and $5,000,000 AUD.
- Swyftx Mounted Time period: a flat 11.50% for 3 to five years, with a 2% price to open. Mortgage sizes run from $3,000 to $5,000,000 AUD.
Your Nexo price is determined by your Wealth Club tier and LTV. For those who repay inside 45 days of your final withdrawal, additional curiosity applies for the remainder of that window — 21.9% on Normal, 16.9% on Sensible. Swyftx's price is fastened for the time period, however that 2% price hits each redraw too.
Essential word: Swyftx figures are based mostly on revealed data as of September 2026 and will change — affirm present phrases with Swyftx.
How a lot you may borrow in opposition to
Nexo takes BTC and ETH as much as 50% LTV on Sensible Credit score Line (40% on Normal), plus a dozen other assets like XRP, SOL and DOGE as much as 30% (20% on Normal).
Swyftx covers fewer property — BTC, ETH, WBTC and XRP — at as much as 50% LVR for BTC/WBTC and 40% for ETH (50% on the Mounted Time period mortgage). XRP solely works on the 12-month choice.
Holding something past BTC or ETH? Nexo offers you extra to work with.
What occurs if the market strikes in opposition to you
Nexo's Normal Credit score Line offers you 30 days to high up or repay as soon as LTV passes 60%, earlier than something's offered. Sensible Credit score Line works otherwise — it sells solely what's wanted as soon as LTV passes 90%, so there's extra room earlier than that kicks in.
Swyftx makes use of well being bands that shift by asset. For BTC, staying underneath 55% retains you within the clear, 60–64.9% brings a warning, and crossing 65% begins a 30-day countdown to repair it. If that window passes with out motion, sufficient collateral will get offered to carry you again all the way down to 55%.
Repaying the mortgage
Nexo: no necessary month-to-month compensation on both Credit score Line. Pay each time, in crypto, stablecoins or AUD, and your restrict refreshes.
Swyftx's Line of Credit score works the identical method for 12 months. The Mounted Time period mortgage wants month-to-month repayments, however no price in case you shut it early.
Price realizing: who's really lending
Swyftx does not lend the cash itself. The mortgage is Block Earner's — Swyftx is an authorised credit score consultant, so it may supply it inside its personal app, however Block Earner sets the rates and terms. Nexo's Credit score Line is Nexo's personal product, begin to end.
Each are regulated consumer credit, and each suppliers are AFCA members, so there's someplace free to go both method if a grievance does not get resolved instantly.
Backside line
Need one facility, from one supplier, that stays open and takes a variety of collateral? That is Nexo. Already on Swyftx and need a fastened multi-year mortgage with out switching apps? That is what Swyftx affords — simply know the mortgage itself comes from Block Earner.
Wish to examine each element facet by facet? See the full Nexo vs. Swyftx comparison for the entire function breakdown.
Continuously requested questions
1. Is Swyftx really the lender?
Swyftx makes the mortgage out there inside its app, but it surely is not the one lending the cash — that is Block Earner, with Swyftx performing as an authorised credit score consultant. The charges, phrases and underwriting all come from Block Earner; Swyftx is solely the place you entry it.
2. Do I want a brand new utility if I already use Swyftx?
In all probability, sure. For the reason that mortgage sits with a distinct supplier than your Swyftx buying and selling account, count on a separate utility and evaluation, even in case you're already a verified Swyftx consumer.
3. What is the smallest mortgage I can take out?
It is determined by the product. Nexo's Sensible Credit score Line and Swyftx's Line of Credit score each begin at $50, Nexo's Normal Credit score Line begins at $1,000, and Swyftx's Mounted Time period mortgage has a better $3,000 minimal.
4. Which one takes extra kinds of collateral?
Nexo, by a very good margin. On high of BTC and ETH, it accepts round a dozen different property like XRP, SOL and DOGE. Swyftx's mortgage is extra restricted, overlaying simply BTC, ETH, WBTC and XRP.
5. Are there charges to open or redraw?
Not on Nexo — there is no origination price whether or not you are opening a Credit score Line or drawing extra later. Swyftx expenses a 2% price each instances, as soon as to open the mortgage and once more on each redraw.
6. What occurs if my collateral drops?
Each platforms provide you with time to sort things earlier than something will get offered. Nexo's Normal Credit score Line offers you 30 days as soon as LTV passes 60%, and Swyftx offers you 30 days as soon as LVR passes 65% (thresholds shift relying on the asset). Nexo's Sensible Credit score Line works a bit otherwise — moderately than a hard and fast default window, it sells solely what's wanted to carry your LTV again down as soon as it passes 90%.
Any data offered is basic solely and doesn't have in mind your goals, monetary state of affairs or wants. Take into account whether or not a product is acceptable for you earlier than performing. Credit score Strains can be found solely to eligible purchasers and are topic to relevant phrases, situations, and jurisdictional restrictions.
Charges, charges, supported property, and different product options might differ over time. Borrowing in opposition to digital property includes substantial danger, and chances are you'll lose some or all your digital property if the worth of your collateral falls or market situations change. Earlier than utilizing this product, learn the relevant Phrases of Service and, the place related, the Credit score Information and Goal Market Willpower out there on the Nexo Australia web site.
Nexo Australia Pty Ltd (ACN 667 513 073) is registered with AUSTRAC as a Digital Asset Service Supplier (Reg. No. DCE100843695-001). AUSTRAC registration is for AML/CTF functions solely and isn't an endorsement.
Credit score merchandise regulated by the Nationwide Credit score Code are offered by Nexo Particular person Loans Pty Ltd (ACN 695 724 737), serviced by Avgi Pty Ltd (ACN 682 656 202) underneath Australian Credit score Licence 567308, and managed by Nexo Australia Pty Ltd (ACN 667 513 073) underneath Credit score Consultant Quantity 580430. Credit score merchandise not regulated by the Nationwide Credit score Code are offered by Nexo Loans Pty Ltd (ACN 695 724 442) and managed by Nexo Australia Pty Ltd. Credit score standards, phrases and situations, and costs and expenses apply to all credit score merchandise.
This text is basic data solely and does not have in mind your goals, monetary state of affairs or wants. Charges, charges and product phrases proven are as revealed by every supplier as of September 2026 and are topic to alter — affirm present figures instantly with every supplier earlier than making a call. Learn the relevant Goal Market Willpower, Credit score Information and Phrases and Situations on every supplier's web site earlier than borrowing.