Nexo launches Zero-interest Credit with 0% APR and no fees.

Nexo announced a Zero-interest Credit product offering 0% APR and no fees for crypto-backed loans that supports BTC and ETH; each position comes with a predefined repayment path and mechanisms intended to prevent mid-term liquidation.

Nexo has introduced Zero-interest Credit (ZiC), a crypto-backed lending product that it says carries 0% APR and no fees. The product is presented as a way to obtain liquidity while keeping long-term positions intact. It is described as supporting BTC and ETH collateral and as suited to a range of clients, from affluent investors to businesses and active traders. Nexo says ZiC gives borrowers a clear repayment path and built-in price protections. Key features: - The product is offered with 0% APR and no fees, as announced by Nexo. - ZiC supports BTC and ETH as collateral, according to the announcement. - Clients select the loan term and amount and receive a predefined repayment path visible from day one. - A built-in Minimum Repayment Price is described as preventing mid-term liquidation, while a Maximum Repayment Price allows clients to lock in gains up to that level. - At maturity, repayment can occur in stablecoins or by using collateral, depending on where the market stands relative to the predefined range. - A ZiC Renewal option is described that lets clients extend the arrangement with refreshed terms without unwinding the original loan. Summary: The announcement frames ZiC as a predictable, zero-interest way to access liquidity while retaining exposure to crypto assets. Nexo presents features intended to reduce the need for constant LTV monitoring and to limit market-driven liquidations. Undetermined at this time.