What cryptocurrencies can I borrow against with Nexo?
Nexo allows users to borrow against a variety of cryptocurrencies, providing flexibility for those looking to leverage their digital assets. The platform typically supports major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, along with various stablecoins like Tether and USDC. In addition to these well-known assets, Nexo may also include a selection of other cryptocurrencies in their collateral list, which may vary over time as the platform evolves and expands its offerings. Borrowers are typically able to leverage a percentage of their asset's value, providing access to liquidity without the need to sell their holdings. For the most up-to-date and detailed list of supported cryptocurrencies for borrowing, it is advisable to visit Nexo's official web page. There you will find the latest information on eligible assets, terms, and borrowing limits to help you make informed decisions.
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