You want to really research the different organizations before lending your cryptos to them. If you see that the interest rate paid is quite high, this might be a sign of additional risk which you might not want to take. Look at what the main platforms are offering and see what's the current benchmark. Then try to see how the organization you choose is regulated, where they are located, who is behind. Make your due diligence and start small and not with your complete portfolio.
Hi guys, as many of you as I also would like to "do" something with my crypto funds that I held in my crypto wallet. For a few months, I still think if crypto loans really work and there is a very very low risk of losing my funds. I would like to borrow lend my cryptocurrencies with an interest. Blockfi offers up to 8.5% interest p.a. and there are more competitors, but would you 100% trust them? Earning few percent per year vs. losing the big amount of cryptocurrencies fund?