Lending Platform Reviews

After exploding in popularity in 2020, crypto lending platforms now jointly have billions of dollars in total value locked. These platforms allow you to deposit your crypto, which is then loaned, enabling you to make passive earnings as you regularly receive interest payments. Likewise, they also allow you to place collateral and then borrow many different tokens

Sounds like a neat way to either earn or borrow money, but crypto lending comes with significant risks. These include the possibility of margin calls, illiquidity, and high interest rates, that may go up to 20% of the annual percentage yield. To further complicate the matter, there are both centralized and decentralized crypto lending platforms to choose from. 

With our trustworthy reviews of crypto lending platforms, however, you can optimize the chances of your lending or borrowing deals ending satisfactorily. Many people have remained safe from the risks mentioned, and with some due diligence, you might be one of them.

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