You can withdraw as many times as you like from your credit line as long as you maintain the Loan-to-Value ratio, and you have enough collateral assets in your Nexo Wallet. Similarly, you can make repayments at any time and, thus, increase the available loan limit in your account.
Articles in this section
- Is your platform centralized?
- Are your loans secured?
- Are there any prepayment fees?
- What is the difference between the Nexo loan and a term loan?
- Do I need to pay any loan installments?
- In what currencies can I obtain a Nexo loan?
- Do I have to pay tax on a Nexo loan?
- Can I borrow in other cryptocurrencies?
- What kind of loan transaction speed can I expect and how will my loan transaction be referenced?
- When do I start paying interest?