The risk of lending cryptocurrency is met with high rewards

[Kunkun]

This sounds good, lending could definitely bring profits but the problem is that when such a coins drops significantly in value there might be some disagreements as the borrower might find it hard to pay, I think its better to lend to exchanges of possible

 

[nimzy]

Seriously in terms of cryptocurrency or any online business I don't have any one to trust talk more of lending my earnings or cryptocurrency to another person in the name of trading for the benefit of gaining interest I rather use and dedicate myself to trade myself.

 

[BrolySSJ]

This sounds good, lending could definitely bring profits but the problem is that when such a coins drops significantly in value there might be some disagreements as the borrower might find it hard to pay, I think its better to lend to exchanges of possible

This makes sense and it can be quite hard if the price had to drop but i think that this is the risk that it taken on by the person that is borrowing the funds, just as there is significant risk that is taken on by teh person that lending the funds as well.

 

[GIFTMICHAEL]

Binance have the feature to lend crypto to its customers, but you need to have some crypto stored in your wallet for collateral for it. I think using binance escrow to lend crypto to other investors will yield profit but its risky too.

 

[BrolySSJ]

Binance have the feature to lend crypto to its customers, but you need to have some crypto stored in your wallet for collateral for it. I think using binance escrow to lend crypto to other investors will yield profit but its risky too.

It is good that they require the person to have a sense of collateral in order to try and ensure that they are able to pay back the funds that they have borrowed in a worst case scenario option.

 

[Chibson]

I have read something about lending cryptocurrency on binance but I didn't fully understand how it works. It would really make sense as a passive income source.

 

[joy101]

I believe cryptocurrency lending is one way of making money through cryptocurrency lending, because the price of cryptocurrency is increasing so them will like to psy back.

 

[Justin]

I do not know about any platform where you can lend crypto, however, know about platforms where you can earn interest on your crypto or get a loan against your crypto

 

[Richard92]

I do not know about any platform where you can lend crypto, however, know about platforms where you can earn interest on your crypto or get a loan against your crypto

Yes the risk of lending cryptocurrency can be met with her award because it's appreciate over time and when you learnt cryptocurrency when it is being paid back it's paid back with high interest.

 

[Justin]

Yes the risk of lending cryptocurrency can be met with her award because it's appreciate over time and when you learnt cryptocurrency when it is being paid back it's paid back with high interest.

Hello, you are creating a nuisance by quoting my posts. I would have appreciated if you quoted 1-2 post and added value to my comment, but you are quoting me on lot of post. Stop doing this

 

[Cash%]

Yeah the crypto market is very volatile and ether money you borrow might either run at loss or run at profit its just on a range

 

[eLdavis]

I think luno also has this feature, where you can save your crypto currency and the company uses it to trade then by the end of the month you get your interest added to your wallet.

 

[Kelly5]

I was about saying the same thing. I have a cryptocurrency platform that over something like this but the interested was not even up to 2%. I believe offering 18% should signal a red flag.

This might be very true. Because this particular percentage offer of 18 percent doesn't add up in this age of internet fraud stars trying to overshoot the truth of their activities

 

[Richard92]

This might be very true. Because this particular percentage offer of 18 percent doesn't add up in this age of internet fraud stars trying to overshoot the truth of their activities

Yes most times the risk of lending cryptocurrency is met with her word because you can lend someone cryptocurrency and overtime because the currency falls in the market you get to the actual cryptocurrency which you learnt the person at the same value.

 

[Justin]

Recently I cam across a platform called bitloan. it is a peer to peer crypto lending platform, has anyone used this platform for lending purpose? is this legit

 

[tyrim88]

This is really intresting,but how reliable is this site that are into this lending and with what collataral,for me i would like a situation where i hold my crypto and allow it appriciate.

 

[Shigobad2020]

I am just getting to know that crypto currency can be lend like borrowing money someone money and paying with interest, like you said there are some sites that lend out crypto currency at the rate of 18% in returns, can someone make a profit more than 18% if I invest?

One of the ways in which you can earn cryptocurrency is through lending out the crypto that you may already have at an interest rate. In fact there are some sites that offer you around 18% per month on your investment to lend your cryptocurrency to other users.

This seems like a very good way to earn, and it is possible to increase yoru investment drastically through the use of this method. However, let us consider something when it comes to lending. Generally in lending you have a collateral and so forth, however when it comes to crypto lending there is a lack of traceability and therefore if you do not use the correct platform to lend you crypto or if you lend it to someone that is not reliable then you may end up losing yoru funds.

Therefore, whilst this can be a great way to increase your crypto that you are holding and not using at that time, it can also be a very risky way to earn. What are your past experiences on lending crypto at an interest rate?

 

[Trexxxy]

I think it could be something worthwhile however this is the first I'm hearing of lending out crypto. If there is a platform that allows you to lend out crypto it could be profitable in the end.

 

[tyrim88]

In my own view i would very much like a situation where i would be using my crypto to trade for myself and get the necessary profit from the trade,rather than lending it out where you have the risk of lossing your money.

 

[Kelly5]

For the moment I don't think I can say that I trust any plaform currently running such lending programs for cryptocurrencies. This is an uncharted area for me. So I won't be lending my cryptocurrencies to any platform