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How long is the maturity of the Nexo loans?

The standard maturity of the loan is one year (may be renewed on request without repayment required). The period starts once you make your first loan withdrawal. Please note that each new loan withdraws amend the starting date to the date of the last loan withdraw. Bear in mind that you only pay interest on the funds that you withdraw.

If you consider that your crypto asset has met your price target, you can repay by placing an order with the Nexo Oracle to sell a fraction of the crypto assets stored in your account and to repay the outstanding balance in part or completely. Please note that if you repay a loan within 30 days of the last withdrawal, you will still be charged interest for the full 30 days.

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