Nexo Australia Launches Regulated Crypto Mortgage Loans
2026-08-19 18:29:02
According to CoinMeta, Nexo Australia has announced the launch of regulated crypto mortgage loans, allowing eligible customers to borrow money without selling their digital assets. This service complies with national consumer credit protection laws and includes regulatory requirements and consumer protection measures. Customers can use supported digital assets as collateral to obtain funds in Australian dollars or stablecoins, with interest rates ranging from 0.9% to 21.9% per year. Nexo states that funds are typically available within 24 hours, and there are no fixed terms or initial fees for these loans, allowing for flexible repayment options. In addition, Nexo has also introduced products such as Nexo Booster and Wealth Club to enhance the customer experience.
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Source:Cryptonews
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