Nexo has launched a new borrowing product that allows Bitcoin (BTC) or Ethereum (ETH) holders to access liquidity at 0% interest, according to an announcement shared with Finbold on Wednesday, January 8.
The product, called Zero-interest Credit (ZiC), joins Nexo’s existing credit offerings and provides fixed-term crypto-backed borrowing with no interest charges or fees.
The structure is designed to offer a predefined repayment path from the outset and eliminate the risk of premature forced liquidation during the loan term.
Fixed-term borrowing structure
According to Nexo, Zero-interest Credit enables users to borrow against BTC and ETH for a fixed term, with repayment terms set at the start of the loan. Each position includes a Minimum Repayment Price that prevents liquidation during the term and a Maximum Repayment Price that allows borrowers to lock in gains up to a predefined level.
At maturity, clients can repay the loan using stablecoins or collateral, depending
We współpracy z: https://finbold.com/nexo-introduces-fixed-term-crypto-credit-with-0-apr/
