Lending Crypto What Is Crypto Lending Best Crypto Lending Platform

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Lending Crypto | What Is Crypto Lending | Best Crypto Lending Platform • 👉 Get your own Binance Account from here: https://bit.ly/Binance-Register-Now • 👉 Best Hardware Wallet (Trezor): https://bit.ly/Trezor-Cold-Wallet • 💾Ledger Wallet discount 👉 https://bit.ly/Ledger-Cold-Wallet • 🎬Watch our most recent video: • 🔥NFT Mint | Fractionalized NFT Real Estate | What is Futurent👇 • • NFT Mint | Fractionalized NFT Real Es... • 🔥NFT Projects | Non Fungible Token How To Create | New NFT Projects👇 • • NFT Projects | Non Fungible Token How... • _____________________________________________________________ • Links mentioned in the video: • ✅ Get your own free Binance account: https://bit.ly/Binance-Register-Now • ✅ Best Hardware Wallet (Ledger Nano): https://bit.ly/Ledger-Cold-Wallet • ✅ Best Hardware Wallet (Trezor): https://bit.ly/Trezor-Cold-Wallet • _____________________________________________________________ • Welcome to our Lending Crypto video! • What Is Crypto Lending? • Crypto lending isn’t completely dissimilar to the process of traditional lending. • With crypto lending, users can lend out cryptocurrency, much like how a traditional bank lends out physical currency, and lenders can earn interest. • Crypto lending is a form of decentralized finance (DeFi) where investors lend their crypto to borrowers in exchange for interest payments. These payments are known as “crypto dividends.” Many platforms allow users to lend cryptocurrencies and stablecoins. • It’s important to note that while DeFi mimics the traditional financial ecosystem, it does so without the same amount of rigorous regulation. • Crypto Lending for Borrowers • With crypto lending, borrowers use their digital assets as collateral, similar to how a house is used as collateral for a mortgage. To get a crypto-backed loan, borrowers collateralize their crypto assets and then pay off the loan over time to get their collateral back. Think of it as a way to acquire money when needed by accessing the value of your cryptocurrency without having to sell it. • Now, it’s possible to get a crypto loan without collateral via a flash loan, but it’s not the easiest undertaking. So you’ll want to be very familiar with crypto and the lending platforms before leaping into crypto lending without collateral. • Crypto Lending for Investors • On the other side of the crypto lending process, there are investors. Investors take part by adding their crypto assets to a pool managed by a lending platform that oversees the entire process and forwards the investors a share of the interest. • For example: Say you have 10 crypto coins that you don’t want to sell or trade. You decide to earn a passive income with them and lend the coins on a crypto lending platform. Then, every week or month, you get interest payments in return. The interest rates with crypto lending vary quite a bit, and what you receive will depend on the platform selected and the type of asset. The interest could be between 3% and 7% or as high as 17% with stablecoins. • Remember that crypto collateral that borrowers had to pledge to get a loan? If a borrower is unable to or chooses not to repay the loan, investors can sell the crypto assets to cover losses. • ____________________________________________________________ • The information contained herein is for informational purposes only. Nothing here shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. • I hope you found value in our Lending Crypto video. Make sure to leave a like on the video if you gained value from it! • #LendingCrypto #CryptoLending #Defi #ETH #Bitcoin #CryptoGuide #crypto #BTC #DigitalCurrency #token #blockchain #review #exchange #trading #investment #BNB #BinanceCoin • 👉👉 For Collaboration Contact Us At: [email protected] • 🔥 🔥 For ‬More Crypto Projects Check Out Our Site: crypto-team.net • ________________________________________________________________________ • ⏰ Time Stamp ⏰ • 00:00 Intro • 00:25 What is Crypto Lending • 02:04 Outro

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