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Which of the crypto wallet permit loans on their platform?

Sincerem

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I've been searching for that crypto exchange platform that has the option of lending Cryptos to its esteem users without collaterals. As long as you did KYC verification with them. Do you think its possible to get loans from such kind of exchange platforms if they are operating on such level??
 

Jimmie150

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I don't think there is any platform that lends cryptocurrency loans out to it's member upon verification of KYC. That is a dangerous thing to do from my own point of view and the consequences might be severe. Even if you see it don't try it.
 

Sake

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There's a new program on tron Blockchain it's called justlend i think people will be able to borrow tron on the platform I haven't tried it yet because it's new and I don't really know anything about it except they're allowing loans and there's still not much reviews about it too
 

Damscooguns73

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Concerning which of the cryptocurrency wallet permits loans on their platform. Well, I have not seen one actually that grant or permit giving loan out to their users even after KYC verification. It might not be a good deal for the cryptocurrency company because they might fear lost when giving out loan
 

Chumzy

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I think most crypto wallets wouldn't have an issue giving out loan. Provided you have done your KYC verification and that is important. Most companies that have online payments are gladly giving out loans.
 

Ltherman

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You want an exchange where you can borrow cryptocurrency to pay back later without a collateral. What is usually the requirement for getting a loan from other platform and what is the collateral the require?
 

adazeez1995

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I don't think there's a wallet that offers that kind of service to its users. But it's possible that's going to happen in the nearest future. This is the digital era, and money/wealth is going digital at a steady state. And considering the great exploits of digital coins in today's world, its very likely to get such an improvement, especially when more and more people have begun to realise the tremendous value of crytocurrency
 

Ralphjoe

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I don't think there is any cryptocurrency exchange platform that has this loan feature on their exchange. This is another idea that some of this cryptocurrency exchange platforms can make use of because setting up a feature like this will definitely improve their earnings as they will get interest on these loans.
 

Royalty

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Can't realy say which wallet gives loans directly but i think you should check this out:

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Dorcey

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Cryptocurrency wallets provide users with a digital solution for securely storing and managing blockchain assets and cryptocurrencies. These wallets allow users to spend, receive, and trade cryptocurrencies. While some cryptocurrency wallets may only provide support for a single cryptocurrency, many are multi-asset solutions,
 

Kingsley

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The General perception is that crypto currency wallet should be meant for only storing up coins, but there are crypto wallet exchanger that goes beyond that service of ensuring safe keeping of asset but they also provide loan facilities to empower their clients. Just like binance.
 

Sotherefore

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Lolz, I don't know of any cryptocurrency wallet that will allow you to get the loan to buy a particular cryptocurrency but I know of exchanges you can use leverages when you are trading,a currency wallet is only meant for storing of cryptocurrency, that's all
 

GIFTMICHAEL

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Binance has such option of getting a loan via their exchange site. But you must have collateral for that in order to be eligible for their loan to be given to you.
 

Dowenship

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I've been searching for that crypto exchange platform that has the option of lending Cryptos to its esteem users without collaterals. As long as you did KYC verification with them. Do you think its possible to get loans from such kind of exchange platforms if they are operating on such level??
Okex and binance are the only echanges i know of how they loan crypto to e customers but i don't know of other and that doesn't mean they don't lam customers.
 

Sincerem

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Okex and binance are the only echanges i know of how they loan crypto to e customers but i don't know of other and that doesn't mean they don't lam customers.
I've tried so many times in the psst to get verified Okex account, but to no avail for me. That's why i ran to binance, and binance worked for me once without much struggles.
 

Kunkun

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I've tried so many times in the psst to get verified Okex account, but to no avail for me. That's why i ran to binance, and binance worked for me once without much struggles.
Oh really, never knew it was possible, would give it a try too to see if I would be qualified too and about the okex exchange, there probably is a reason why they didn't verify
 

Sincerem

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Oh really, never knew it was possible, would give it a try too to see if I would be qualified too and about the okex exchange, there probably is a reason why they didn't verify
I just don't understand why Okex never verified my account back then. That same credentials i used for creating binance account and it went successful for me.
 

eLdavis

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I dont really think there is any crypto wallet with this option and if there is i have never head of it. Tho i doubt any wallet would want to include this option as it could backfire against them, which would lead to alot of losses
 

Kunkun

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Like I said there definitely would be a reason that didnt verify you in the first place, maybe if you tried reaching out to them to find out you could have worked on it
I just don't understand why Okex never verified my account back then. That same credentials i used for creating binance account and it went successful for me.
 

Trexxxy

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Well, I didn't even know there are apps or exchanges that loan crypto to customers. Didn't even know it was a thing. Okex or whatever the name is, I definitely will look into it.
 
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