Arch Lending vs Nexo
Compare supported currencies, security, interest rates, fees, and customer service.
By Lantern Finance
Arch Lending | Nexo | |
CURRENCIES | ||
Bitcoin (BTC) | ✅ | ✅ |
Ethereum (ETH) | ✅ | ✅ |
Solana (SOL) | ✅ | ✅ |
Litecoin (LTC) | ❌ | ✅ |
Ripple (XRP) | ❌ | ✅ |
DOGE (DOGE) | ❌ | ✅ |
SECURITY | ||
Custody Partner | Anchorage Digital | Ledger Vault + Firebloks |
Encryption for data | Not stated | ISO 27001: Information Security Management ISO 27017: Cloud Security ISO 27018: Cloud Privacy and Protection of Personally Identifiable Information |
2FA | Authenticator apps | SMS verifications, email verifications, and authenticator app support |
Headquartered | 595 Broadway, Floor 4, New York, NY 10012, United States | Zug, Switzerland, at 15 Grafenaustrasse |
Collateral Management | Arch Lending emphasizes its commitment to never rehypothecating client assets (not lending out or trading collateral). All assets remain in secure cold storage with their custody partner. | Ledger Vault: Leverages hardware security modules (HSMs) and multi-signature protocols to safeguard private keys. Fireblocks: Utilizes MPC-CMP (Multi-Party Computation with Key Management) technology to eliminate single points of failure. Bakkt: Offers regulated custody through its Bakkt Warehouse, combining warm and cold storage tiers. |
INTEREST RATES AND FEES | ||
Annual Interest rates | BTC: 14.5% ETH: 14.5% SOL: 14.5% | 18.9%, 30% LTV if you don't hold NEXO tokens. 2.9%, 20% LTV, total portfolio must be at least $5,000, AND at least 10% of your total portfolio value must be held in NEXO tokens. If the portfolio drops below $5000, you have 7 days to add more before the interest rate jumps back up to 18.9% |
Loan-to-value ratio | BTC: 60% ETH: 55% SOL: 45% | BTC: 50% ETH: 50% SOL: 30% XRP: 30% LTC: 30% DOGE: 30% |
Margin Calls | BTC: 70% LTV ETH: 65% LTV SOL: 55% LTV | #1: 71.4% LTV #2: 74.1% LTV #3: 76.9% LTV |
Grace Period to add Collateral | 24 hours | Instant loan repayment to maintain a healthy LTV ratio |
Liquidation Fees | 2.50% | No liquidation fees, but a flat 0.26% fee applies to all crypto repayments (excluding fiat and stablecoins) |
Liquidation LTV | BTC: 80% LTV ETH: 75% LTV SOL: 65% LTV | 83.33% |
Origination Fees | 1.50% | 0% |
Late Repayment Fees | 10.00% | No late repayment fees, but a flat 0.26% fee applies to all crypto repayments (excluding fiat and stablecoins) |
Loan Disbursement Duration | Within 24 hours of receiving collateral | Within 24 hours of receiving collateral |
Repayment Options | Repayments can be made in either fiat USD or USDC stablecoin | Repayments can be made in either fiat or USD and crypto |
Early Repayment Penalties | No fees or penalties | No fees or penalties |
Fixed Term | 12-months | 12-months |
Number of active loans | No limit | No limit |
Minimum loan amount | $1,000 | $50 if in stablecoins $500 if in fiat |
CUSTOMER SERVICE | ||
Call Hotline | ✅ | ✅ |
✅ | ✅ | |
SMS | ❌ | ✅ |
