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?
I never think it makes sense to lend funds to someone in cryptocurrency.For example, I would like to say that if you lend funds to someone then what will you do if that person refuses?You can't judge people about it. Time will tell you will refuse to pay your funds and you will face a lot of big losses.I think this cryptocurrency will never lend funds to anyone.If necessary, deposit it in your fund savings. There will be a good profit every month.