What is Crypto Lending? [ Explained With Animations ]

Getting loans with cryptocurrency can often be less complicated than getting traditional bank loans — what exactly are crypto …


  1. If you take $1100 into a bank they’ll give you a $1,000 loan. Doesn’t matter your credit. So what is the benefit to getting crypto loans? It’s not a loan if there is no risk to the person loaning it.

  2. For interest: A darker side to lending is that short traders borrow the coins, short the price with no skin in the game, and return them worth much less to the owners than the interest they gave. If the majority HODL without lending, it would reduce sell pressure… but it's a free market and needs to survive free market conditions. The best coins will appreciate in the long run through the best use cases.

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