Have You Ever Taken Crypto Loan

[Nomad]

There are a lot of platforms that offer crypto loans. To access loan, you will have to use your crypto assets as collateral, and you can get up to 80 percent of you collateral. Before it collapsed, Celsius was a popular crypto loan service. Currently, you can access loans on platforms like Binance and Nexo. Have you ever taken Crypto loan?

 

[deucher]

I tried crypto loans, but not because I needed money, but because I just wanted to know how this service works. In my opinion, this is very unprofitable, because then you need to return a lot of money to the duo. Maybe it's good for big money

 

[Riberet19]

No, I have never taken a crypto loan, nor do I plan to do so because I don't really need it and I would need to have more information about it in order to use it.