Bitcoin Forum

Would you give a loan to borrowers in cryptocurrency?

If yes, in which cryptocurrency:
- Bitcoin
- Ethereum
- Stablecoin (please tell us in which)
- Libra
- Maxit (https://maxicreditcompany.com/whitepaper.pdf)
- Other (please tell us in which)

If that is someone I know there is a chance for me to do that. I prefer to choose stablecoin over the others, I do not like seeing the money I lend reduce or increase in value because of the price fluctuates. The stablecoin I choose is definitely USDT, it is stable compared to the other stablecoin.

Lending in cryptocurrency will sometimes give you extra profit even if the interest is low. Like for example, bitcoin now is $7,975.53 then let's say somebody loaned .01 BTC from you so that'll make you give them $79.7 but, when bitcoin hits let's say $9000 and the loan needs to repay that day, then that'll give you $90. Take note, the interest isn't part of that 90 dollars. And yes, I would lend cryptocurrency and there are lenders in this forum. Look at the Lending board.

No and never! I can only lend in cryptocurrency only if I know the borrower personally, otherwise not! With the increased adoption of cryptos few years back, a lot of p2p lending were launched. One of them was btcjam. I had actually lent more than a btc there and never got back even half of it! Lending makes sense when you have the assurance to receive it back, be it in fiat or in cryptos.

But crypto p2p lending without personally knowing the borrower, is a stupid thing to do! No matter what cryptocurrency you use!

I just heard this, is there any cryptocurrency website that has lending ?
Are we able to lend to the them ? Or did you mean a lending program that we have to pay certain amount then we got X% daily ?

No, I wouldn't.  From what I've seen on bitcointalk, lending can be a lucrative game but can also be one where lenders can easily get scammed, especially if they lend bitcoin to a member based on that member's reputation instead of getting collateral up front.

The problem I have seen in the lending section is that very few borrowers have valid collateral to put up for a loan.  The only *good* collateral are altcoins since they can be transferred and sold easily, but oftentimes prospective borrowers will try to give physical goods as collateral, and that presents a logistical problem for an online crypto loan.  It might be fine if you were getting a loan from a pawnbroker, but it just doesn't work here.

Another reason I wouldn't lend money here is because I think most loans that are given out are for gambling and the like, and I don't want to be associated with helping a gambler wreck themselves.  If you've got to borrow money to place bets, the trouble has already started for you.

This is a difficult question, because the estimation of crypto to fiat is always changing. if the benchmark is how much crypto is lent, it will be difficult because the value can change and we can lose or profit. but if the estimation is the amount of money borrowed, it will be fairer.

for that, it is more like bitcoin, because bitcoin is the largest crypto and is also best known by almost everyone.

A lot of new projects are coming out with lending offer etc pngme,xcard etc some are going as far as getting users fund with ATM card for fiat but I dont know what the project might demand. I also dont know how the project plans to refund from every lender around the world, I dont trust people at all and dont think they can be too careful. This is not America that everyone can use a debit card and spend from what you dont have

I think i would never try lending other people to have a cryptocurrency because even the price of bitcoin or other cryptocurrencies will start to increase, it will be difficult to force the person that you lend to return the money that you lend right away. But i think it is better to lend other people cryptocurrencies that has a good value like bitcoin, eth, xrp, and etc because they will surely increase their profit and for them to return the money that you lend right away.

I would like to lend my cryptocurrency if the annual interest will be more than 15%. Also, Bitcoin will be my first choice to lend among all other crypto. This because Bitcoin is the evergreen digital currency which will never lost or stop by any of the body in the world and the demand of the Bitcoin is also growing day-by-day.

Actually we work on a P2P lending system where people can lend each other - and using credit scores to choose how is trustworthy enough to give them a loan.
We are now before getting investment and launch a test.
You can find more on https://www.maxicreditcompany.com/  (https://www.maxicreditcompany.com/)and on https://www.maxicreditcompany.com/whitepaper.pdf (https://www.maxicreditcompany.com/whitepaper.pdf) - many of the above-mentioned questions are answered there.

in no case would not give credit in the currencies listed by you. in a single usdt currency, the lending process could be considered. And in General it is terrible to do it while there is no regulation

I think a stable coin is a good option to loan because a stable income does not make me nervous when the bear market appears.

Theres a lending section on this forum so people definitally Do it, not me personally tho.
i believe the easiest way to create a negative connection with another human is lend them money, it usually goes bad and ruins the connection with that person
BTC was CREATED to battle the problem DEBT has created in the world, maybe its better off we dont bring lending/debt into the crypto world haha

 I don't lend people online, it's mainly friends and family with no interest when i have the extra cash and i usually do that in bitcoin since it's how i get paid, thing is, what I find most difficult is that people request a dollar value and i try to make them understand that i lent them a bitcoin amount and expect it back with either higher or lower dollar value. sometimes they're happy to pay a lesser amount, other times they feel cheated, it's a tricky business if you ask me

I never wanted to lend my cryptos to anyone because the chances of getting repaid is less since we are not in control of that money and there is no regulations yet to collect default lend amount in crypto to get collected.

for me i will lending someone with bitcoin/ethereum as long the borrower have a collateral for him to borrow.
Because with collateral we can sold it if the borrower doesn't pay the loan ontime

I am not sure about giving loan to borrowers. Its a high risk and i call it a decentralized loan.
Most people in the crypto currency space has never met, why give loan to strangers ?

Likewise, what if you give out bitcoin at loan and it does 100% the next day ? or it brings 100% loss to the borrower?
What will be the next line of action ?

It's interesting what you say. I think the main reason for the last financial crisis was the lack of transparency in lending, not lending itself. The blockchain technology can eliminate this problem.

I would not give any loan to the borrowers without know about the credibility of such borrowers. So many scammers in the cryptocurrency and about what kind of coin that you wanna used it to give a loan is not a big problem. Whatever crypto that you have used it and that will have the same result based on how much your interest that already agreed with the borrowers.
You can use all of them but the main concern in this case should be on the credibility of the borrowers itself. So many scammers are defaulting the loan and they never try to pay back the loan.
You can give ethereum, bitcoin or stable coin as long as who will be received your loan should be a trusted person.

put this in your mind dude.

Dear "maxitdev", after you put only Maxit whitepaper on the op, this looks like a pure advertisement to me even though you try to hide it under the conversation.
But i'll play along and say that i've always lended eth because it's rather cheap and fast to send and i use it every day anyway.

I would not do that. I think that at the moment, lending in cryptocurrency is too dangerous. To eliminate risk, you need a good credit platform.

I won't loan people in Crypto because the price goes up & down too much. Too much risk as well. Crypto is not reversal so if i loan without collateral the risk is too much to bear. When you give loans with collateral there is a risk as well. Security & then the price. You will need to check the price every day as crypto can go down over 20% in a day.  If someone wants to start their lending business on crypto I would suggest them to deal with a stable coin. Otherwise, they will suffer big loss. If you are in crypto holding is way better than lending.

I will not lend my crypto unless there’s a collateral to it, even close friends can’t simply borrow money from me. People change when money is the subject. But it seems you are just trying to advertise your company in this topic, now you got your desired answers.

I'd be willing to lend cryptocurrency in any cryptocurrency if I get the rate that I want and ONLY if the borrower can guarantee that he is able to pay me back after a period. Be it that through a collateral, escrow, co-payer or through a contract if he has a stable proven income. There is a catch here though.. I'd never lend Bitcoin to get paid in USD for example. If I would do that I would lose a lot in opportunity cost (p.s. I don't think someone would take a 300%/year interest rate loan)  :D

I will never want loan with your list bitcoin and altcoin above, big risk for your load if you want to borrow with bitcoin or altcoin because when you borrow first time bitcoin or altcoin still lower price, when time for paying have come you have pay whit have you borrow and price of bitcoin or altcoin have higher, you have pay with double value, why not borrow only with money it the same value after you pay back.

This is going to be very hard for you because not many people are interested in giving out a loan on this platform regardless of which cryptocurrency. By the way, your account is a newbie, no merits, no authority, not a high ranking member, you have contributed nothing to this community also. the people of this great community will not trust you or your platform for loans, you at least need to be a high ranking member reaching at least a "Senior Member" level for people to trust you on this community.

who does that with maxicredit?

there are people lending in this forum you can see them in this Lending section (https://bitcointalk.org/index.php?board=65.0), you are however required to provide collateral and mostly are their account here in the forum. i haven't really tried having a loan but i can see a lot are doing it which its interest goes up to $50. one may find it too much but that's their game. if i will lend it would be btc and expect btc as well.

So you are just trying to advertise Maxit over here? The thread kinda feels like you are genuinely not interested about the question you asked, rather you want people to click on the link and read the white paper (Why do you even have Libra in the list? It hasn't been launched yet nor does it have any network currently). Why don't you make a proper thread promoting your coin (or token or whatever it is) and highlight what is good (not talking about the announcement thread).

I put Maxit's whitepaper there, cause the other currencies are known by most of the people, while Maxit is now just a conception. Of course, I would be happy if somebody read the whitepaper or even tell me some serious opinion.
I started this topic cause I am interested in how people think about lending cryptos. And have already some interesting infos, I thought more people would answer ERC20 stablecoins like USDC or Dai.

As I know maximum number of people do lending service with Bitcoin only.
If there is good lending site for other cryptocurrencies means you need to share the website link here.
It will be helpful for the people who wants to lend the altcoins for collateral or non collateral.

lol its too obvious  mate that you just want to promote your project  and add the name of your token on the list. Its easy to see base on your username are you the owner ?

And about the lending there is valid colateral needed before you can take a  loan to lenders.
which is harder now becuase all of the transaction you will do is online and you need to trust both  party before you can start the transactions.

I'm using Binance Tether lending now. Just started. I think i need to wait at least 14 days to redeem my rewards. I think it makes the most sense to stake a stable coin. At least you don't have any questions in your mind. And whether the price of other cryptocurrencies goes down is none of your business. You can earn a safe return on interest.

if in truth there would be a question of how to lend to someone, I would also prefer stable coins, there are few racks, there are no losses and there is no%, the crypto market is very volatile, which can lead to losses

Am a cryptocurrency user that's is just one fact so it all depends on if the borrower am willing to lend money uses cryptocurrency as well so yes I can lend in cryptocurrency and if the person needs it in cryptocurrency then it would likely be bitcoin or ethereum

No, I wouldn't do this, since it is risky for both parties - for borrowers (cryptocurrency volatility) and for investors. For me, as an investor, the risk is fraudsters who can easily cheat and provide fake data about themselves.

Humm...I doubt Lending projects ever go well. Well maybe there is any successful lending project out there that am not aware of.

Sometimes I still lend money to my friends with cryptocurrency, the electronic currency I use to lend is Ethreum. I chose Ethereum simply because it's fast and in my country it's very easy to sell into cash.

I wont, there have been several attempts in the past to create a platform where users could give loans to each other and those platforms failed and this was because scammers will use the anonymity that cryptocurrencies bring to their advantage and when you add that once you send your coins to a wallet you do not control them and  you cannot get those coins back then it becomes even more dangerous to lend cryptocurrencies.

Just take a look at the lending section of the forum and you will see that most of those willing to lend their coins need collateral and charge high interests to try to offset the risks they are incurring by their lending practice.

If I would had a lot of coins in order to make lends why not ? I mean every user who takes a lend it offers a collateral so the risk involved is minimum.Besides this , you gain more in profits in time , depends how many lends are you offering and what amounts and for what number of days as this statistics bring you profits.

I would offer lends only in bitcoin to be sure that I keep accumulate the profits in bitcoin and in time if other cryptocurrencies are performing good , Ethereum looks like a good option as well.

It is easier to lend your money to someone specially if you knew who it was since you can guarantee that they will pay you in no time.

To me lending crypto is easy of course if know who will going to lend it. This is some kind of low-key business to me or partially making money while earning and accumulating bitcoin primarily.

It's still not bad though since I've got a limited customer only. ;D

Personally, on this occasion, I could lend cryptocurrency. But it all depends on whom you can borrow. I can only lend to trusted people in whom I am 100 percent sure that this cryptocurrency will return. And with such successes, you can delay proven people.

Some project is saying this but never seen in reality. Nobody take this risk as well. The risk on both sides are extremely high.

Lending in cryptocurrency is a very common matter in our country. We have a group where we do crypto lending, talk about crypto and transact in peer to peer systems. Usually, we do crypto lending in Bitcoin and Ethereum, I always prefer these two coins. Though we don't count the USD value, we do only care about the Satoshi value. So, if the price goes up or down, it causes no effect at all. I don't like the stable coin in lending, they feel not real crypto.

The disadvantages of the fluctuating value of the cryptocurrency affect the profitability of crypto lending businesses. The passive income can ruin the business of the lender if the borrowers don't pay in the time. Knowing the consequences and having calculated risks will ensure the profits in case of having a trustworthy business partner. It is not bad to lend in altcoins but the collateral rate should be over the 120% AFAIK.

it's easier to use Stablecoin like tether because the price is stable. borrowing / giving loans using other coins will only make you lose. crypto is very high fluctuating and it can be after you give a loan / borrow the price of the coin that changes. Stablecoin is the best choice, which can be used for that.

I think it is a bit risky to borrow money in the form of cryptocurrency.
When the borrower borrow some coins in low price, they will have to pay in same amount without regarding the price.
If the price when they borrow lower than when they return, the borrower will have to pay more money.

With a good interest and if the rest of the terms and conditions are great, why not? And another important factor is that the borrower has to be a trusted one. Because whatever terms and conditions are agreed if the borrower is not an honest one and does not have plans to honor the agreements and pay the loan, everything will be a waste. I will choose the coins that are low in fees and fast in confirmation.

if I am forced to borrow in cryptocurrency, I might choose a stable coin compared to others. that's because the return will be quite easy, and the amount doesn't go up and down. when I borrow to another cryptocurrency, I'm afraid the price will suddenly go up and it's hard to pay. so, I chose to replace it with a stable coin. and if I lend someone cryptocurrency, I might choose a stable coin with the same reason as I thought.

if i have enough money then Yes but i would require collateral for it and since we are in the internet i only accept altcoins as collateral and it must be 120 percent but i don't have any money to start with though. Anyway, i wouldn't advise to apply for loan in cryptocurrency or fiat since it you would ruin your financial capability.

I personally will not give loans in Cryptocurrency because Crypto prices are volatile so it tends to change the value of the assets we lend. I prefer to lend money to people who need it, I'm more comfortable with it.

nope. because no one know about bitcoin. if there someone know about it, i think they dont know how to cash it. if they know about it and how to cash it, im sure he will keep than cash it, because is there chance to get high value than he lend.

I'll lend bitcoin with terms and conditions. If I give one bitcoin, I will request respective collateral equal to that value of bitcoin. Further will be the ROI based on the time period required for returning the amount. Beyond this if the value has declined or increased while returning the fund needs to be returned in terms of USD equal to the time at which it was borrowed.

It depends on who will ask for a loan to me. If I knew that person closely, I will loan him but not for big money because I will think about how he will go to pay the loan. I don't want to give another trouble for lending big money to him, and I don't want to give the money without I can get that money again. I will try with some money to test it for a while and if he can give the money back, then maybe I will lend him some other money. I think I will give him fiat so he can buy any coins he wants.

In addition to the lending system in the case of cryptocurrency we are still confused about the exchange rate used by the US dollar or using Bitcoin because we borrow has two values that can change every second and this is certainly very confusing for someone with the circumstances they must choose

It depends on a lot of factors. We've seen lenders profit quite a lot off loans in the past, especially ones that have collateral.

The problem is really finding these borrowers, that are able to give you a decent profit margin and also have collateral.

I would lend in any coin - exchanges exist and I have a pretty diverse portfolio anyway.

I don't want to get into lending business especially when it comes to cryptocurrency. It is not worth it to get into lending business for me since there is always a chance for the borrower to not pay you back and you cannot do anything about it but just move forward. It is better to look for another investment opportunity rather than stress yourself out from doing lending with cryptocurrency.

I only lend money to relatives and friends, but this is very limited. My loans are often diverse, maybe Bitcoin can also be ETH depending on the case and the purpose of the borrower.

I don't lend out crypto to anybody and i don't borrow too because its not just for me, it always have a bad ending, even in real life i don't do such, shit will always happen when i don't get my money back and some humans are addicted to not paying debts

I suggest to as much as possible not to make loans or lend in the form of cryptocurrency. In the case of borrowers they must submit personal information as a form of collateral, and even though we have preached but are you sure your information is safe?. And in the case of lending be it BTC, ETH or stable coin (USDT), wouldn't you be more complicated to take care of it, especially if the digital currency that you lend doesn't come back.

Maybe I'll think about it carefully. Because basically if we lend funds to someone without collateral such as ID, then we can be sure the loan can bring harm to yourself. Either the borrower runs away or doesn't want to pay it. I better lend it to relatives or people I know closely. So that crime will not just happen. If it is already a deal, I will lend with USDT because the value is stable and not burdensome for the borrower. Because of these unpredictable price fluctuations, USDT is the best choice. Unless you want to bet on the results of the loan.

No i don't lend coins and tokens and I won't advice it either, its another way of losing your coin, you might never get paid at all or get scammed, some scammers roams freeing in crypto space even aftrr their faces and videos is all over the internet, the are safe so don't be surprise if the person you lend your coins disappeared

as far as I know in this forum there is a loan service in the form of cryptoqurrency, but not so for me, I will not lend or borrow cryptoqurrency to anyone, in my opinion this is very risky. although maybe they are trusted services but not for my decision.

The last option is my choice, because i have to be ready for the next bull run. the next bull run will be spearheaded by the projects that provide the easiest and simplest UI that even your grandma can use for their features. I am a big sucker of decentralization and privacy so I sometimes have to use something like BISQ to get tokens and it is honestly atrocious. So I think that in decentralized exchange niche Binance DEX and Resistance DEX will be game changers since they will probably provide the most seamless and easy DEX experience, much like Coinbase does.

So if i want to pick a winner, I would choose a project or several projects that are likely to be simple to use while still providing efficient service in the niche that i am interested in. For example, Request Network was supposed to be like that in digital payments niche, but we all know how it turned out. Nano is supposed to be the most easy to use project in the currency niche, and so on.

it is very true that your reason for not lending is because the risk is very large and it is also likely not to happen because the price and value of the cryptocurrencies we cannot predict with certainty what it would be like to invest alone the risk is very large and requires considerable confidence and patience

well think depending on the request the borrower mate will choose which cryptocurrencies he needs ,the availability of crypto in my wallet is also the main thing in giving loans so I think its discussed between the two parties and some other things worth discussing again about returns loan and others

If I have a lot of extra crypto I would lend it but I will definitely do it in this forum, in the section - https://bitcointalk.org/index.php?board=65.0
Lending crypto IMO is good for lenders if the price is lowers as it could rise over time and they might earn profit not just from the interest but the value of the coins they lend when it rises up.

Lending also is a high risk business in crypto as you don't personally know a person, people are just judging based on its account but still somehow lenders manage to be profitable and they were able co manage the risk.

I would only lend with collateral otherwise no ways. People have scammed me before and run away. I don't need it happening again. I wonder how often the loans are not paid back with all these loaning websites.
It would be great to invest in nexo loaning and get 8%/year They look very legit but I am still scared. It says they a Licensed & Regulated Financial Institution but what does that actually mean?

of course the safest is stablecoin because the value will not change. the most trusted stablecoin at the moment is USDT. borrowing with a different value in my opinion would create a risk for the borrower and lender

Its very nice of you,

But if it was me, I won't lend to anyone using cryptocurrency, even if it is for someone dear to me. Cryptocurrency is an investment tool and if it will be using for loan, the borrower will only suffer. We can't determine the next thing to happen in crypto, and if crypto will increase I bet it will be hard for the borrower to pay due to sudden changes in price of cryptocurrency.

No, I wouldn't lend cryptocurrency. It would be a good idea since we'll gain a good profit but cryptocurrency is volatile so borrowers would have a problem especially when the market is in a bad situation. I would rather invest or trade the funds that I have than to lend it. That would be more profitable.

the problem with shitcoins specially those that are not even known like the one you are advertising here (Maxit) is that they are too risky because they can get dumped hard or pumped hard and there is no collateral that could cover the losses that could be caused by that.
not to mention that these coins are usually unsafe to use in general meaning they could get hacked, 51% attacked and a lot of different types of exploits in them which could lead to your losses.

that leaves the only viable option to be bitcoin.

I will only give loans to people I know or people close to me and he is also in cryptocurrency. Because sometimes giving loans in the form of coins will be able to give us profit, for example, when we give loans to others when prices are falling, that is not a problem and if the coins we borrow have the potential to recover and increase, we will get benefits when they return the coins they borrowed.

We have a lending section here and many want to take a loan, and many lenders are opening a new thread to offer a loan, and many applied to this new loan if I have funds to give a loan I'll definitely give a loan through Cryptocurrency, because you will have double profit, in case Bitcoin price increase, this is one of the easiest ways to get more Bitcoin while waiting for the price to increase but there is a risk involve and if you are a lender you should ask for referral, or only lend to trusted members.

I will only lend my crypto to someone I know and not for strangers.

Honestly I prefer to keep it rather than use it to earn extra. If you're someone that I know and you're in need I will lend you my crypto without interest.

Bitcoin or eth are my option if ever.

that's good choice if we use stable coin as our lending.if we take in bitcoin or altcoin its very risky if suddenly its price drop alot.for example if we borrow bitcoin on rate 10k, and when time to return its price drop we will lost our money to recover its differences.except if we used to trade and able doubled, no matter with rate changes.

Why not? If I really need to do it so that I can  stretch up my investment amount then I will do it but the only thing important is you know how to pay on time and don't run since I'm pretty sure that there will be a karma will come for you in future. But actually I never lend to anyone here yet since I don't need to do it for now but maybe in future let see how things goes.

i did it couple times.
so I lend about 0.5 btc to a friend of mine, he returned exact same amount after few month.
it was just a friendly support without any interests, he just paid fee for transfers

so for me it is very fast and solid way to support friends who is in trouble or just need some money

Yes of course i would like to lend my money in the form of crypto to the borrowers with safety.I would lend in btc although the risk is high because if the price goes down then i would suffer loss due to loan amount being decreased but still risks gives you desired profits.Interest rates will be seperated and price risw will be profit.There are stable coins but its value remain same and you get only interest which you can get in fiat lending also.So returns are low in that case.

Shit can always happen and i liked the line that humans are addicted to not return the debts  :D. That is somewhat true when you are lending money to family and friends and i have bitter experience when you ask to return the loaned amount their attitude changes as if i am asking loan from them and hence i stopped loaning money to anyone too as it will attract more enemies.

Of course I prefer to lend it in the form of a stable coin. Because if I lend in the form of Bitcoin, Ethereum and so on it has a higher risk of loss because the price of the coin/token is very volatile. However, if I lend it in the form of stable coins it will be more profitable because the price of coins will remain stable even though in bear market conditions and I will also get a definite interest rate.

I am not a supporter of loans at all, and I do not advise anyone to take them.
What is the point of taking a loan in cryptocurrency if you can not immediately spend this money but will wait for growth to be more profitable to sell, and then a decline to give a loan.
All this will be overwhelmed by manipulations both on your part and on the part of the structures issuing loans.
I doubt that this will improve someone's life.

Now CoinMarketCap made new section where you can see the annual interest rate for lending crypto on different platforms:
https://interest.coinmarketcap.com/currencies

Personally I don't really have any problem regarding the idea of lending in cryptocurrency but the only challenge I see this facing will be the value of the cryptocurrency u loan out.  Assuming you loan 0.05 BTC when the market value was $8k, I don't think the person will be happy to pay back at a rate of $15k since he will be paying more than he took....

I have never lent to anyone any amount of cryptocurrency but it seems that your problem is commonplace, this show to us the lack of understanding common people have about how money works, if I lent a pen to a person I expect to get back the same pen and if I lent some bitcoin to someone I expect to get that same bitcoin and even a little bit more for the risk I am taking by lending him that money, but they want to return to you the value of bitcoin in fiat at that moment.

And that is a scam, in the past I have seen icos trying the same with some level of success until someone after doing the math realized he was being robbed.

It's even happening in the forum but as much as I want to lend somebody, I don't have the spare budget to do it but if I'm capable of it. I don't mind lending any of those coins as long as the borrower is eligible and capable of paying and passed base on my standards.
In real life, if it would be my friends or relatives, I'll say no honestly.

If that was my job, yes, I would. Not only one of those listed, I used to lend most of them with different interest. For example, I would use standard interest in stable currencies, but those with volatile prices would be higher. But I would not do business without collateral, there are plenty of bastards who can take advantage of it.

Bitcoin, Ripple, Ethereum, Litecoin, Monero, EOS - A few of the coins that I would lend.

If it someone I know trustworthy I may be able to lend him/her some money in crypto if the borrower is familiar in crypto currency and its characteristics. In addition, it would be tough to let the borrower let his/her decision in an amount of money to be converted in crypto as the payment because crypto price tend to change overtime. It is just a matter of me losing much more a lot based from the conditions or I may be gaining more than the money I let the borrower borrowed.

There are certain times that you need money but you love your altcoins/tokens, so much that you can't sell it, thats the time loans are there to help which helps you get cash but you need collateralize your precious coins.
--
I prefer to loan take loans in ETH because of the fast confirmation time.

I wouldn't lend in a project. Where it is very risky the borrower to bring a run out of our money.
So, in my opinion, it is at risk. But if I'm familiar with that I lend I'll lend using Ethereum or stablecoin like USDT.

It is risky to lend money in cryptocurrency especially when you do not know well who the person is. Cryptocurrency is not regulated so, there will be no centralized body that will manage and ensure that your money will come back. It will be difficult also to get a worthy collateral to strangers. Lending money in cryptocurrency would be a great idea only if there is a good system or procedure that will oversee the activity to keep the safety and interests of both parties thus, avoiding scams.

Not right if we make loans only for investment. because investment itself is done with money that is already not related to needs. if we still have needs and also have not been fulfilled then certainly not the value of our investment cannot be forced to large.especially if we come to borrow just because of investment. what if we actually lose this investment?

Yeah, when we invest, that must come from the free money we have so it will not disturb any of the needs in our daily life. If we can do that, I think we will get an excellent return, but that will depend on the type of investment we make. As long as we can choose bitcoin as the primary investment, we will make the biggest profit in the future. But take a loan will not be a good idea to do because you need to repay the money monthly.

Yes, I would lend in crypto, my rules are pretty straight forward when I do so (to people I trust). I get paid back the equivalent amount of crypto. So if I loan someone 0.05BTC then I expect to be paid back 0.05BTC no matter what the USD value of it is at the time. Same goes for any other currency I lend in no matter the altcoin. If someone wants 5 LTC then they will pay me back 5 LTC.

This is also my thought, If he borrowed 0.05 he should return 0.05, but we should also give him a limit such as "should be only 1 week" or else he would have added interest so that we will not lose if its value falls.

I saw it too in the Market place and the value didn't matter to them even when it dropped, Because they want to increase their BTC and not the value, Maybe they are longterm holders.

Bitcoin's probably the easiest to lend right now. It is the most known cryptocurrency out there and learning how to use it is easy. But of course, I'd only lend to person that I know personally. You really can't trust the cryptocurrency space because of its anonymity and everyone can just create or buy an account and try to borrow money from you. It's the internet so no chance for me to lend it to the community, even if they are trusted by many.

I have given loans to several if my friends in the past but I always insisted on giving out the loans in stablecoin because that is the only one where the value of my funds remain the same no matter the timeframe is when it is returned, imagine giving 0.2 BTC loan to someone when BTC was worth $10,000 and getting back the loan when BTC is worth $8,100.

There are already a lot of people lending here and Bitcoin and Ethereum are two of the primary coins they use to lend people in fact we have a section here dedicated to lending, so this answer your question, people will lend in Cryptocurrency because it's profitable.

no because in my opinion lending cryptocurrency will be able to harm either the borrower or the person giving the loan. because cryptocurrency is very volatile it can go up and down suddenly. for example, I lend btc when the price is 1 btc = $ 4k, then next month when the btc price falls, it will be $ 3k, I will lose. I'd better use fiat money if I would lend people money.

This has a two ways dimension, it either favours you or the borrower but in real cases then both parties need an agreement that can determine the mode of payment which will require that the borrower pays back at a certain rate and unless that agreement is met, its dam a risky gamble

Now it is easier for people to borrow capital with this online crypto savings and loan service. Everyone who wants to borrow, in my opinion, must be because they want to fund something that they hope can benefit. It is very unlikely someone who borrowed it just for safekeeping. So I dont think fluctuations are a good enough reason not to borrow.
Lets say you borrow 1btc from someone at a time price of $7900 and you will use it to invest in another altcoin so you will benefit from the investment. The profit you can say exceeds the amount of BTC you previously borrowed, for example $10,000. When you will repay the loan at a price of BTC $8400, how much btc do you have to pay?
Arent we still lucky? The point is that people will borrow because there are reasons and goals, without the goal it might only make it bear the loss.

using fiat in our lending will give simple calculation.just calculate interest for each month and we will know how much total amount that we have to pay.no value volatility that could make us pay more in future as you described above.but overall crypto currency give us another benefits in economic side.

I personally do not have a plan to lend or borrow cryptoqurrency assets to anyone, regarding this matter I think anyone can also assess how risky it is to cryptoqurrency lending, and to avoid undesirable things much better you don't have such plans.

I just remembered the story of lending money in crypto form, and I thought I would never do it again. this happened in 2017, someone borrowed some ethereum from me. however, after entering 2018, the price of ethereum dropped dramatically, and he returned my ethereum. Well, in terms of nominal, of course, I suffered a loss. because of that, I prioritize lending cash compared to cryptocurrency to people I know.

I would not lending my money in cryptocurrency because the value of crypto is volatile.
Lending $100 worth of BTC can return $80 worth later, or return $120 which is not certain.
Maybe lending $100 worth of stable coin like USDT is a good idea, it gives fixed profit.

I will loan or borrow using bitcoin only, I think bitcoin have stable coin than other coin like eth. for Libra I think is not have price now because still an issue with Libra coin today, will accepted by investor or not. Loan using bitcoin give positive effect for borrower and lender where both them not lost money, we give bitcoin and they will pay using bitcoin with price keep stable like first he borrows.

Borrowing with bitcoin or altcoin is not recommended. because the agreement must be complicated. when the return is in accordance with the price of bitcoin or the value of bitcoin and does not care about the price of any bitcoin. better if you lend or make loans using dollars or currencies that are not volatile like bitcoin. very risky in my opinion

I would lend in any currency as long as I got collateral that was of equal or greater value. The risk then is if the price of the currency you lend out goes up while you have it till lent out. However, it can work both ways and the currency you are given as collateral could change too. Overall I believe it will be worth it in the long run and the risk is small. YOu might lose a few times but the lending % is so high it will soon take care of that.
The reason I do not do any of this is that there are no sites I trust so far.

I have seen people borrow money even on this forum, and those tag members carry are prove of trust and sincerity in some cases with lenders. Not everyone is a scam though have not lent nor borrow from anyone in the forum or outside but have a level of sincerity in people. The choice of cryptocurrency depends on time and volatility of coin, cant lend out stable coin in bear market.

true that you submit at this time there is no loan with crypto currency for several reasons one of them is trust and legality issues there is no legal force that governs the development of crypto currencies and all is a matter of confidence and trust may in the future save and borrow with crypto currency can be in the future realize if crypto currencies can be recognized as fiat currencies in circulation

Those lending bitcoin are definitely long term holders since for what I can see they always ask for the the loan to be repaid in bitcoin, and while I wish them well we must recognize how risky it is what they are doing, we are living in an economy based on debt and it is difficult to understand how an economy based on bitcoin could work without it but for a very long period of history only those with lots of resources, reputation and a productive idea or business could get access to loans.

We live in a very particular age in which everything can be purchased with debt even food and I think it will not last long as we are reaching the limits of what an economy based on debt can achieve.

There is nothing bad in lending your coins to others. This way the practical use of crypto currencies will increase and people will start adopting them for their daily uses. I definitely would not mind giving my cons to someone who is great in day trading and earning a certain amount of percentage from him just by sitting home idle.

actually it's a good plan, by lending cryptoqurrency to your clients you will benefit from the initial percentage of interest or clients who are late paying returns beyond the agreement deadline. I also often observe how someone is lending or borrowing in the form of BTC in this forum.

I once borrowed ethereum from a lender and paid with some little interest even after not meeting up with the agreed date the guy extended the date plus additional interest which was quite reasonable BTC and ETH are the major cryptocurrencies that he lends out so far he had no issues with his clients while he might asked for collateral if the needs arises.

There are individuals who provide lending service, because they have TD fund that can be given out to those who want to borrow from them. So if I have enough fund for that, why can't I. At least, in a way, I will be of help to others. Although I have never borrowed, but that does not mean I cannot lend out.

No, i wouldnt want to lend or borrow in cryptocurrency because of its volatility.For example,  I can lend out a 300$ BTC to someone and might end up being 250$ when he or she is paying such to me back so i don't condone lending cryptocurrencies as the volatility is just too high

.

Such service probably exist. I have seen many members advertise them here... Whether they are real/safe or not, I don't.

In my opinion, don't handover your Bitcoin to strangers just like that.

It should be possible to deposit your Bitcoin on a safe platform and still have totally control over it while  your paid trader trades on your behalf through a shared interface.

Yes of course, why not lend my money here if cryptocurrency can help me to earn money with my own. I am actually thankful that I knew bitcoin because when I have something to buy that I need in school or expenses in the house I can buy it with my own money, my mother dont even giving me money because I said I can support myself financially, I can help my family too in terms of expenses especially bills. Water bills and current bills. Most importantly the internet because this is all I need to access cryptocurrency, for me to be able to surf, I need internet, it is the most important thing for me to access different sectors with regard to cryptocurrency, also my gadgets. In this forum, I am making my own money by supporting some project and doing my tasks properly and making it on time so that the manager will pay me according to the works I have done.

Of course bitcoin, why? Because I can offer on how amount of bitcoin he want but he would give interest but he pay was the bitcoin too. The price of bitcoin was volatile and it is hard to become a shitcoin so I am like to do investment on fair or winning.

I do not understand the procedure for granting a loan. Do you have to provide your personal information? If so then after that you and all your wallets will be in danger. Why do I need to take money from strangers and risk my anonymity? If personal data is not needed, who will protect the borrower?

It's weird to see LIBRA on the list when it's not officially launched, we don't even know for sure if it will pass regulatory hindrances. Well that said, I've always used Bitcoin in margin trading if that's the type of lending you are talking about. In essence, I'll give a loan in BTC.

I didn't lend any money e for my personal purpose also in in cryptocurrency platform. There are plenty of web sites providing lending support for the group of users to get the loan with proper collateral.
My personal advice please don't get lunch at all it will trash you in in few moments.

I believe that if you give credit in cryptocurrency, it should be stable coins. If you choose volatile coins, it is not profitable for either side because of the strong fluctuations in the exchange rate.

Of course why not, especially if you have shortage in trading. Here in the forum, there are a lot of reputed people who were a good lender using cryptocurrency but usually, they are using Bitcoin. There's nothing wrong if you wanted to borrow a cryptocurrency as long as you have an earning too in crypto. Yes, that was quite a risk and a high-interest rate but if you had no choice you can grab the opportunity. You can visit on Lending board you can check how it works and who are those members here in the forum who was repeatedly asking loan.

Yeah, people lend such amount and when they will gain profit so will be able to again give them back so if I got such a chance from someone I will take bitcoin. Getting 250$ then you invest it in good coin and one day you get profit so it will be good for you but I don’t know who are those people who give money to people but don’t use by themselves

Yes, I would.
The difference between FIAT loans and cryptocurrency loans is that in fiat you dont have to worry about currency fluctuations , you say that you get back the same amount + interest. But how would you define the amount in cryptos? The best way would be to define it with respect to fiat.

The risk that is borne when lending using cryptocurrency is a fluctuating price, if when we lend the price up and be paid when the price goes down, it will not benefit us. Assets are fixed but the value of assets decreases. A safe choice is to use a stable coin like USDT. The safest way to lend is FIAT currency because it is stable and the value is not too volatile like crypto.

This post is an advertisement post, look at the other suggestion of op and his name too. There's even a whitepaper and link for that unknown token and the others, they don't even have link to be clicked.

There's lending in the forum and all you have to do is to be trusted and have a collateral, if you don't pass on any of the two, you will be declined. You are a senior member and I think you have been familiar with that process.

Sure, why not. I don't see the reason why i should not if he requests for the loan in cryptocurrencies, after all having to use cryptocurrencies for our daily transactions is what we wish to see and so if someone requests a loan in cryptocurrencies i would give it out. However i prefer dealing with bitcoins but whatever the case maybe i would want him to pay me the exact amount of bitcoin i sent and not it's dollar equivalent at the time of transaction.

It will difficult and complicated to led cryptocurrency since it is dynamic and fluctuating all the time. True, you could use this as an advantage in such way that you can earn a lot more by just the timing of the peak of the price will be the time you will get paid. But it is a double edged sword and it might be used against you. Also, most lending institutions need KYC, something that most of us do not like. So, lending cryptocurrency has still a lot more to be improved before people will start getting interest for it.

I have seen so many members giving out or lending members on this platform with different cryptocurrencies which to me is cool. This depends on the trust level of the individual and for me, I will lend depending on the current situation of the market and also the kind of person I am lending to.

Online loans (replacing banks) are growing very rapidly and I hope that more and more companies are developing crypto lend, the presence of crypto lend can certainly add significantly to crypto users.

I think getting a loan in Bitcoin and other altcoins is very good, but it's still converted to dollars or euros. If I borrow 1 BTC for a long period of time, I think an unstable BTC price will make a different price if there is no prior agreement, such as how much BTC I return when it costs $10 thousand when I borrow, and how much BTC should I return it when it costs $20k

I am very much interest in giving out loans in cryptocurrency, but I really don't know how to go about it, though I know that people have been giving out loan in the loan section of this forum. If I am to choose any loan to give out, it will surely be bitcoin, I know that many people would be scared right now because of its volatility, but it is in the future that one will really enjoy it.

It would have been stable coin, but I really don’t see any benefit in having a coin that is stable and not going to benefit or profit me aside the interest. It is only when I don’t have any choice that I will go for stable coin, but for what I feel will really benefit me in the long run, I think that it will be bitcoin, I can still manage to give out Ethereum also, but I don’t think it will pay me as much as bitcoin.

I do not really know the loan service in the form of cryptoqurrency because from the beginning until now I am also not interested or want to lend cryptoqurrency to anyone ... yes of course you can understand my point, especially with risk. . but I've heard in this forum there is a loan service in the form of bitcoin, maybe you can try it but always be vigilant with services like that.

So far I have never given a loan or borrowed cryptocurrency. because in my opinion it's very risky especially if we lend is coins that have high fluctuations such as bitcoin. it is better to lend using a stable coin like tether because the value will remain the same for a long period of time.

Lending crypto is not a good idea. Becaise it is very complicated. All we know that crypto price is changing quickly it's price. But I will answer your question. I will choose bitcoin to lend because all we know the power of bitcoin it will stay alive even experienced a low price in a long time so it is better to lend bitcoin so you can use it in long period of time without any worry of coin death.

I give a loan of money not to make a profit. I give loans because I want to help my friends. I do not want to be a happy person above the suffering of others. if I want to make a profit I will invest or trade. I will not ask for payment more than the money I lend.

I personally have never borrowed or lent cryptoqurrency that I have, on the other hand it is very risky especially in this industry is completely anonymous, but I heard my friend borrowed cryptoqurrency in this forum and said he was safe because there was a third party in every transaction. but my advice if you do not understand about services like this it is better not to borrow or lend your assets to anyone.

I will not definitely not lend any amount, not because I do not trust the process but because market is unstable, it is too risky, I will make my budget to tight so that if there is a chance to buy more I can buy it specially when bear market takes place again. We do not know when will be the market goes deeply so do not lend because I think in lending there will be a percentage every month.

No I wouldn't do that. If I give a loan in Btc when Btc is trading at $6k, say I give a unit of 0.1 valued at $600, if Btc goes up to $10k in few days time, when it's time for me to be paid back I wouldn't get the exact unit of Btc I gave because the borrower will be interested in paying me just $600 borrowed which leads me to some form of loss which I should've avoided if I hadn't lend the money at the first place.

It is a risky decision because you are not sure if the borrowed money will return to you. It is hard to become a creditor where you will lend your cryptocurrencies to others. There is no guarantee of returning and that's why only few people are lending cryptocurrencies.

as uses with works on scheme as moderating news and technical drawing of chart on table with the trading market, investors to helps as covering supports of confirmation and expecting with the limit on numbers as returns to compete within the terms of plan.

It can be a business actually, you can double up the payment if ever they borrow to you. For example, in bitcoin, someone borrowed it to you and suddenly the value of bitcoin grows up. They will now need to pay you higher since the value grew up all of a sudden. You should not be so generous with it though even if that's the case because some of them may run and hide to you if ever the value grows to large. Make sure always that those whom you've given the opportunity to borrow is trustworthy enough and not just a normal and complete stranger.

I think that cryptocurency lending can bring you much profit in the future. This is a potential market, I believe that in the next few years the market will be stable and prices will increase. I only recommend lending to cryptocurrencies with good potential, this will reduce your risk. I suggest you lend TRON, Tether, Ethereum and Bitcoin.

I am sure that the person who will be engaged in lending in the cryptocurrency will have very good profits in the future, especially considering the forecasts and hopes of each user to see a bull run in the cryptocurrency market.  But you just need to take into account the fact that for every person who will take a loan in cryptocurrency, the risk increases several times in comparison with a loan from a bank.

Definitely stablecoin.
While bitcoin looks quite attractive, let's not forget how toxic it would feel if you were to lend in bitcoin and the price were to drop drastically before the loan is repaid.. you might end up losing instead of making profits... Stablecoin is the safe way and I am a very safe investor.

it's safe to lending people using stablecoin but many people want to make a profit and you can see an example on this section lending (https://bitcointalk.org/index.php?board=65.0)
currently, there are 20++ people on bitcointalk that became a lender to help people while getting profit from it.

I will avoid lend in cryptocurrency because this will indeed bring many problems in the future. Believe me, it's better to
stay away from things like this, moreover this cryptocurrency volatility coins will hurt one of the parties if a loan agreement
occurs. Not to mention that lend in cryptocurrency often happens scams. Better to buy coins with money that we can afford
to lose, advise from me to avoid smelling loans.

Yes, I will. There are some good lending platforms in the space now and are having good time even some in the bear market. As for the assets I will considered, BTC and most of the top tokens in the space will make my list. This lending market to me is going to be a very big market with time

There is not much to understand, lending in cryptocurrencies works in a way very similar to a pawn shop, when you ask for a loan in a pawn shop you need to bring something valuable that can be sold in the case you default the loan, the object you bring needs to exceed the value of the loan you ask and in the case you want it back you have a limited set of time to pay your loan with the agreed interest.

Lending cryptocurrencies works in exactly the same way, it may seem rudimentary but this way of lending has been around for a long time and it is the most honest way to lend money since you are not taking advantage of those that cannot pay you back like banks do.

You can research on loan site, probably you can get several site. If rumors is right than I would like to buy DCEP. China to launch own cryptocurrency, called it "DCEP". I'm not interested to invest in any stable coin without my money frozen. Still have some interest in Libra coin.

I would only lend some cryptocurrency if the person who will lend to me is a trusted one and if i know him/her personally. I wouldn't risk lending my crypto to strangers, i would lend any kind of crypto from btc to eth etc to the person i trust and in need of it.