Quote from: havoc928 on Today at 09:14:21 AM

Quote from: selfkey.org on Today at 09:08:16 AM

Cryptocurrency lending has the potential to take over the loans industry as we know it. In essence, it makes the process of getting a loan far easier and has far less requirements than traditional lending methods. In this article, we’ll walk you through the many advantages of cryptocurrency lending and why you should consider crypto the next time you need a loan.

https://selfkey.org/the-top-5-advantages-of-cryptocurrency-lending/

Despite there are a lot of advantages, we have to admit that there are a lot more disadvantages. For example, cryptocurrency isn't really popular in the world that makes the demand for crypto lending isn't high. Furthermore, the cryptocurrency market contains a lot of risks. Because of less requirements than traditional lending methods, it increases the risk to the higher level!

The market pays higher rates on crypto than fiat. Even stablecoins outperform traditional markets, in interest %.

Crypto loans should be taken, with room for over a 50% retracement. Many platforms pay % on crypto deposits, the issue becomes when you want price to go up on an asset but loan it out for interest. You just filled a buy order, with BTC you're going to take back later. Not the healthiest behavior for market scarcity.

The potential is huge when you have more $ in crypto, than any other asset, but you believe price will keep increasing.

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