What is Crypto Lending? [ Explained With Animations ]

CoinMarketCap

What is Crypto Lending? [ Explained With Animations ]

Getting loans with cryptocurrency can often be less complicated than getting traditional bank loans — what exactly are crypto loans? Crypto enthusiasts are often encouraged to “HODL” their assets — keeping them safe in a wallet until the price of their chosen currency appreciates. But just like you’d feel uneasy about leaving your cash sitting around in a bank with a low interest rates, a common question is this: How can you get your digital currency to grow? This is where crypto lending comes in. Not only can it enable savers to receive interest on their stash of Bitcoin, but it enables borrowers to unlock the value of their digital assets by using it as collateral for a loan. When investing, one of the biggest challenges can be cashflow — and there’s nothing worse than having to raid the capital you’ve got tied up in assets for short-term costs and lack liquidity. On today’s CoinMarketCap episode learn about Crypto Lending! 🔔 From crypto news, to market moves, and to educational how to videos. If you want something more than just hype and to actually learn about crypto, make sure to hit the subscribe button right now and turn on notifications to not miss out on new videos! 🔵 is the world’s most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make crypto accessible all around the world through data and content. 📲 Download our app! IOS : H Android : S 🤝 Join CoinMarketCap! S Follow CoinMarketCap on social! p p p p p 📩 Subscribe to our Newsletter! /