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Re: Would you lend your cryptocurrencies?
by
@sriyan
on 12/05/2023, 13:26:21 UTC
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?
Most of the savings/lending platforms are centralized. You know what happened to the NEXO platform.  My suggestion is to find a decentralized platform to do lending or savings.