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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.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
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.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.
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.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
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 thisYes 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.
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 activitiesI 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.
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.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
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?