No credit check
Crypto lending platforms do not require a credit check and are therefore more accessible to individuals with poor credit scores or no credit history. This is because the loan is secured by the borrower's digital assets rather than their credit score.
No credit check but it requires collateral before you can borrow. Also the volatility is too high which makes the collateral prone to liquidation. Crypto lending is a gamble itself and its much better to do futures trading rather than borrow funds on lending platform if you are just a regular trader.
Besides, The interest rate is not that high since it just range to 10% to 15% APY which staking on DeFi platform like Beefi can give more APY.