You could just transfer your crypto assets to your Nexo Wallet and get an instant crypto loan (credit line), which you can immediately access using the free Nexo Credit Card (pending development) or by withdrawing USD or EUR to your personal/business bank account, or USDT to your Tether address.
In order to obtain a loan, follow these steps:
- Sign up for your Nexo Wallet at https://platform.nexo.io/;
- Deposit your crypto assets. The platform supports ETH, BTC, NEXO, BNB and XRP with new major altcoins being added on a regular basis;
- Undergo the Basic/Advanced Verification in the My Profile section;
- Go to “Withdraw Loan” where you will see the available loan amount;
- Choose the preferred withdrawal method and enter your bank account/Tether address;
- Enjoy spending your Nexo Loan.