Bitcoin Forum

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?

"I would like to borrow my cryptocurrencies with an interest" is confusing. Did you mean lend?

You can visit the lending board and see how veteran lenders do their business https://bitcointalk.org/index.php?board=65.0

Lending cryptocurrencies has it's risk and rewards. Due to the market's volatility, you never really know if you'll profit or not. If you don't care about the fiat value, I think there is nothing to worry about.

What cryptocurrencies are you planning to lend? If it's an unpopular coin or token, I don't know if someone will even take that.

You have to give strict rules...
as a lender, you must install strict and strong rules so that the funds you lend are paid back by the borrower. You can mimic the way of this lender https://bitcointalk.org/index.php?topic=5030169.0, and I see the rules that are installed are very good.

It depends on you on what is the level of risk you can able to handle but in my case then i never intended to use up these platforms for them to handle out my coins just for aiming to have some small percentage interest per annum. If you are bored on handling out your own funds with your own wallet then go ahead and make use of those platforms but the risk or tendency of losing is high compared if you do keep your coins for yourself and also you can potentially earn bigger percentage in a short span of time if the market tend to rise and would make you sell anytime without any permission or some sort.

I never tried lending platforms but I had previous experience in the lending section and sometimes you could get higher interest depending on the duration of the loan. It's probably worth as long as you can afford to lose those funds, regardless of the amount you earn it all adds up once you have several lenders and like they've said why not try creating a thread in the lending section first to get a feel of what it's like to have your own lending service.

Trusting other people is one of the hardest things to do in this world. People always try to steal others money and they can not stop their greedy to do good things. It reminds us the big problem which can not be solved yet in the decentralized system as well as the blockchain: Byzantine generals problem

Everything happens cause of humans themselves. Therefore, I would rather have a loan on Bitcointalk with those who have default trust. However, if I have a chance, I will test their platform in order to know whether they are trustful or not

I already tried with lending my bitcoin on trading, and I have good experience in Poloniex to lend the bitcoin to other traders. The interest rate in that site will depend on the bitcoin price, but that makes sense for me.

I never heard about Blockfi, and I don't have much info about them. Perhaps, you should search for other news about them. Or you can try to visit Poloniex as I did before, and who knows, you can make additional profit from that site. But to be honest, I don't trust 100% for anything because sometimes, that thing cannot always work for us, there will be something that can prevent us from reaching what we want.

Sorry for the mistakes that I made, it was a hard day...


After creating this topic I received an offer:


This is a good example of how you can almost surely lose all of your funds.  :D

And back to the main idea - I wanted to know if you trust platforms like NEXO or BlockFI that will work with your cryptocurrencies honestly and in the end, you will not lose your funds, for example when crisis happens.

First do some studies on how to correctly run this business as well follow what the other lenders do to make their lending business running successfully here, and also as much as possible ask a valid collateral to the borrower so that if they dispute their loan you can have a good acquired asset to be sold and regain what you lost from the recent borrower.

Don't pursue this if you don't know on what you are doing and start when you get a knowledge about this option.

Crypto loans do work but it has a very high risk in terms of keeping your funds safe.

Personally, I wouldn't and on top of that, it's really not worth it to risk your earned money for such interest rate ^{[through a third party]}...
<sup>- Take note that a lot of these platforms are targets of hackers on a regular basis (you never know when it could happen).
- They keep on changing the interest rates (AFAIK).</sup>

You said that it has a very low risk because you don't do something and you earn interest right? But here's the twist, you let your cryptos sit on those platforms for a long period of time. And what if something wrong happens to that platform? I'm not wishing about it but it usually happens that an exchange gets hack. So what if by that time most of their funds are hacked, I mean the fund that's outside their cold storage and unfortunately they can easily say that loan funds are targeted?

I have never heard of Blockfi but it seems like they are a reputable company in the USA. One thing I know is that the German Online Bank, BitBond, is offering more flexibility when it comes to their lenders' interest rate offering up to 10% to 35% returns for their borrowers. Reuters have written an article (https://www.reuters.com/article/us-germany-bitcoin/german-online-bank-uses-bitcoins-to-transfer-loans-idUSKBN1ID07Y) about them and they are are also a legal company in Germany so I think when it comes to giving 100% of your trust on a lending company BitBond might be a better option. The article was written last 2 years ago so maybe things have change but there is no harm in researching your own maybe you'll find them more trustworthy.

I would have the same input on this one.Its not really worth for the risk and as said these kind of platforms or places are honeypots for hackers since these places
do involve big amounts of money thats why theres always a tendency when it comes to hacking or similar situation.Its better to be paranoid when it comes to safety rather
than making steps which would result out to loss of coins.

If i do have funds which are inactively being used nor being traded then its better to let it sit into your own wallet and would really have that peace of mind.  8)

For me, this is much risky for sure especially the last few weeks/months lot of bitcointalk users who able to borrow some Bitcoin or other cryptocurrency were defaulted by the borrower. Especially even how trusted/reputable bitcointalk member you are, there's still a bad side.

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Speaking of Blockfi with 8.5% interest per annum, I'd rather go use this than peer-to-peer lending.
But using Blockfi seems lot of requirements needed? like KYC?
Or the difficult part here is the minimum you will lend or deposit to them, it seems like a huge amount.

I don't know much about NEXO and BlockFI, I already search on Google, but it seems, BlockFI website cannot reach right now, and I think you should be careful. While NEXO still online after I check, but hm you still need to be cautious if you want to lend your crypto because I don't have any experience with that site. Perhaps, you can use a small amount to see how good it is work for you, and if you think that is safe for you and you can make a profit with them, you can try to send some amount and see what will happen later.

Any form of investment in cryptocurrency has its peculiar risk. And lending out you asset isn't void of risk also. However there are quite a number of DeFi platforms out there that offer such services. And it is particularly safer to utilise these platforms for these kind of investments instead of regular escrows. Example of such DeFi platforms are Nexo, Kyber network etc. Established exchanges like Binance offer good staking APR for a range of assets and coins. (quite a wide range). KuCoin pool-x is also a good one

However I personally prefer to hold my assets in staking than to lend it out. Often times staking offer a more straight APR than lending. I hope you make a good decision.

You can, as mentioned above go to Lending section board and you'll find there various lending service threads. I have been here for years and I have read a lot of lenders posted on scam accusation board because of defaulted loans from borrowers. It's really risky though, while others get profited on that business. You cant be sure on that kind of service, I guess it is better to hold or trade your crypto asset have and manage with your won risk.

In BlockFi, I don't believe unto them. Why? because they like the Ponzi scheme form of business where you trust them to hold your BTC with a promise of good interest. What if someday they will shut down and running away all fund that has been deposited. The more risk than lending.

However, your money, your decision, and manage your own risk.

Platform acting as a mediator between lender and borrower and charging few percentage of interest as fees may not be the best idea when it comes to cryptocurrencies. It may be difficult for platform to realize the value of collateral in the event of non-payment of loan by the borrower. There can be hundred of other complications because everything is digital.

So you shouldn't put your crypto holdings in such area especially when the retaining period is as high as 12 months. Better try investing in bankroll of genuine crypto casino (although profit-sharing is not high but acceptable rather than keeping funds idle), or try PoS. There are many good PoS coins which are growing consistently and paying good percentage to validators  (however, you have to stake large amount of funds). If you are not happy with these options, better go for trading. Keep you ears open to market news, keep yourself regularly update with market movements but invest occasionally whenever there is clear chance of making some good bucks. That's the best way you could earn in trading as a newbie.

I've been using BlockFi for a while now, and they're legit. Basically if your Bitcoin deposits are small, your earnings are too but better than leaving them stagnant in a non-interest wallet.

Personally I will not trust any third party for lending out my bitcoins and I guess we do not need any such services as we are having dedicated board on this forum itself which must be a safer method as you are not depending on any centralized services for your money but you have all the control over your funds and to whom you want to lend etc. There are plenty of people already doing this as this forum basically entourage you to run lending business for this community.

Regardless of where-ever you may start your lending business, I suggest you to go for proper collateral like up to 40% extra from you lending amount so that you may go liquidation on the event of non-repayment or anything similar to that.

I have been planning for starting lending out on this forum but due to my hectic schedule I could not go for it so far. I do not want to earn interests strictly but I may accept donations for helping them. If I start lending that definitely will be at high standards like setting new trend for many other people to follow/copy ;).

I personally have two concerns regarding lending services:

1. The famous not your keys, not your coins. Trusting the service with large amounts of money is a problem, and with small amounts it stops being worth it.
2. Crypto is volatile enough for you to make more than the 8% p.a. that is advertised if you sell high buy low once a month. The returns don't seem worth it.

Could lend thousands of dollars if i got paid in paypal first. 

I heard about BlockFi, but haven't tried to use it. 8.5% interest doesn't sounds bad, but there is few reasons why I'm staying away from lending platforms.
First, yeah, they looking reputable, but I'm not going to trust big number of my BTC to third party website where I don't have full control of my coins. Offcourse, you can invest small amount of BTC, but it's just not worth, because profit will be insignificant while same risks remain.
And KYC requirements is another reason. As I understand, BlockFi requires KYC and I don't really want to pass in order to lend my money.
I thought about lending my BTC here on Bitcointalk. But I'm afraid to be scammed and forgot about such idea.

I mean with proper collateral deals it seems rather safe, no?

If you meant that here in the forum, you're safe. All lenders here are the most reputable and higher rank members I don't think if the small amount of collateral they will ruin their good reputation. If you are a newbie you must have collateral and it should worth 100% plus or higher of the loan's value.

So, why you are taking a loan if you have collateral to use.

We know that this loan service is high risk and it could lose your money in single snap with a wrong decision. Take more cautious to the people who you deal with, not all are in good intention.

I do not trust anyone in the cryptocurrency market. I only trade when I have faith in the other person. Therefore, I do not lend my cryptocurrency. I only invest in buying or selling cryptocurrencies. When I have the conditions, I will buy and sell when there is profit. Lending money is still paid but it is not secure. If cheated you will lose white.

Well, the purpose of the collateral is to act as a security in case anything happens. Just like how banks check your background and what you have, your collaterals allow you to gain access to another resource without the need to sell them unless you default.

There's no guarantee for that even if how trusted they are or how many + trust they get since if in case of emergency and they cannot pay for sure they will default it, we have a lot of green trusted member as well supposed to be trusted escrow scams/defaulted their loans so we need to be careful upon dealing and we should not lend any huge amount here. Small amounts will be ok so that the business will not collapsed if the OP will create a loan business here.

When you think in the situation of the borrower it would be easier to get a loan than to sell the collateral. And since most of the collaterals in the forum are altcoins the borrower rarely defaults knowing they could lose potential profits from their altcoins if they sell it now and buy it back in the near future.

Regardless of the amount it's still possible for them to default as it happened a bunch of times before so only lend what you can afford to lose.

Yes, but as @Taskford explained, proper collateral doesn't remove all risks. As imagine that most of lenders have experience when they got scammed and loan was defaulted. And if you look at Lending section, you'll see that there is not so many peoppe offering proper collateral.

Yes, everything has risk specially the lending services, it's really attractive to see a 8.5% per annum, but your funds are not safe. Honestly, I will rather hold my coins, at least I have total control of it. There are a lot of scammers out there, so it's really hard to trust and lend money to some that you really don't know. Besides, there are also hackers just around the corner.

https://www.zdnet.com/article/blockfi-discloses-failed-hack-attempt-after-sim-swapping-incident/

for you yes you are wiling to hold your coin but to him he already think of the risk of holding a coin and he said he can loose big with it so he thinks lending his coin to someone else is more better because he can earn few profit  .

 on lending , i dont think you can earn small but i see that lenders do have a big  interest so it means they also earn big with it  . you cant also say that you will lost big on hodling because not all times the value drops and it also depend on the coin that you hold   .

There is always that risk of losing money when we enter any business.

To address the risk of not getting payment from lending with P2P, the lender has the option to ask for a collateral from all borrowers such as another token that can be sold easily on exchanges. The downside with that approach is the lender will probably have less number of borrowers.

Entrusting your money to a third party for lending is also risky. We all know any centralized platforms are favorite target of hackers. I don't know much about Blockfi. Maybe they have an insurance for their lenders in case something wrong happens but who knows if they can cover all once they get hacked? Not to mention your personal data could also be exposed and sold in the black market.

Between P2P and a centralized lending platform, I think it's still better with P2P if you consider the risks involved.

Yes ,  I used compound and AAVE , i have little profitts but only 0,02 ethereum and 10 DAI

I will find it hard to lend my cryptocurrency in an online platform. That is not the kind of risk I can take. Not for now. There is so much happenings that can lead to loss of your crypto on lending platforms.  Very risky! Those lending platforms can be legit today, and tomorrow they become not legit. You never what to expect. Offline lending is less risky though.

If I am in your position, I would rather hold it and live with a peace of mind, at least you are the one who are in charge or your money, you can sell it anytime you like and you don't need permission from a third-party.

Lending your money is not bad, but with that kind of return, it's not worth risk.

If you really think of lending then how about trying to lend in the forum, I'm sure you can even get 10% to 20% per month of interest for non secured loans. There's also a risk but the rates will justify that and the fact that there are still a lot of active lenders in the forum, that says a lot about its profitability.

If you would like to check, do visit in this section. https://bitcointalk.org/index.php?board=65.0

I wouldn't trust 100% anyone, but in this world you need to risk something if you want to thrive. Investments can be a good option for who doesn't have a decent income of crypto currency or for who doesn't want to take the trading risks.
But check the site's reputation you are going to invest, see how much time they are running their business and how they claim to return you profit. If you aren't so sure about it don't put all your money on this particular site, look for other options and ALWAYS run away from sites which claim to return huge profits percentage.

(About lending specifically, I think the rates for lenders won't be so exciting like 8.5% annually, because there is too much concurrency...)

Would be hard for me as well to risk that amount of the crypto to lend because either you have a backup capital where you would be able to have money even in case you lose it which I do not have it. So in such circumstances will be happy to hold it myself or sell it whenever the need be rather than risking it to unkown person.

Indeed, that is very risky especially dealing with random people on the internet and you didn't know personally.
It's not hard to lend your crypto if you know who's borrowing this, just like in our local section that we have a lending thread (https://bitcointalk.org/index.php?topic=5142115.0) exclusively for the Pilipino community and of course non-collateral if your account is trusted enough or in Lending board (https://bitcointalk.org/index.php?board=65.0) open for all forum members but at least it depends again to the borrowers.

Though it's risky there are various ways you can minimize your risk if you really want to.

It's been discourage to deal with anonymous people especially on internet and this is been discourage to anyone that's why some lenders is always advice to acquire a valuable collateral to their borrowers, I somehow impressed with people taking the risk like those people on our local board where they trust people with their money but they should put a limit and don't lend any big amount since anyone will run especially if they can't paid their borrowed money in the scheduled timeline.

I have been hearing and seeing this lately about compound. Is this the DeFi that's popular? The platform is growing day by day and many borrowers and lenders are going across that DeFi.
https://compound.finance/markets
How much you need to have for that profit of 0.02 ETH and 10 DAI?

Lending programs on different exchanges works just fine and is very beneficial to many, but i would rather trade my cryptocurrencies cause I believe I can earn more in days though trading rather than lending. So it's up to you to decide what exactly you want and go for it, at the end its a win win situation.

Lending is one of the advantages of DeFi, read more about it. In past months DeFi projects are on the rise, and by the reviews that we can see on many places it's going good for people who invested. It's one way, other is lending options that some exchanges have, it's safe too. And anyone can start lending service on their own, just be careful what kind of collateral you are taking for the coins you lend.

the Defi program is now very popular and is the talk of many people in the crypto world and there are already many coins with the Defi digital currency change loan system very easily and low interest rates,
or maybe you should read more about the Defi program
 
 

You need to be very particular in lending your Bitcoin,there are tons of scammers here that targeting newbie lender like you.
and also remember that even those prominent account that giving a loan here are becoming a victim also.this is a proof that there is no free in this world in bad target.
i have been thinking that same thing when the price of bitcoin fell in 2018 but my instinct did not match my plans.
Make sure that you will only lend those who has collateral to keep you safe.
or lend only those account that has been known Here for their character and limit the amount depend on their position here in forum.

I would not lend anyone any cryptocurrency, because, in the event of a controversial or unambiguously fraudulent situation, it will be almost impossible to get a return.

As far as I understand, this is a kind of banking deposit, where the user invests his cryptocurrency and receives interest for this. Correct if I'm wrong. In this case, if the resource or campaign really has a very good rating and authority, while real opportunities for fraud are excluded, then the user who gave the cryptocurrency at interest, in any case, should receive a fixed reward, as agreed. Although this, I think, should be in theory, but in fact it seems to me everything happens quite differently.

Risky to the extent that you cannot guarantee anything with it we are dealing with anonymous persons everyday and even trusted members could turn up bad when the crypto is on their hands. That's why we need to be more careful on lending since we might gonna encounter those dumbass who's waiting for us to extend our helping hands and end up scamming us in return.

For people who are in this business they should always secure a valid collateral for safety.

In order to decide on this, you need to think very well.

Lending is quite profiting, for the same you can follow one of the reputed member of our forum DarkStar_ (https://bitcointalk.org/index.php?action=profile;u=507936). In my opinion he's one of the best who is into lending. I'll get into lending only within the friends circle, because receiving collateral through the internet is a risky job.

A big no specially if you dont know the person  or the user.. Ill just stake it instead of lending

We can get a profit from this if the lender will not default their borrowed amount so we should make sure that we are scanning them to see if they can able to pay or not since knowing the person can give as an assurance that we can possibly get back the amount and we can earn by letting them to barrow our money as well for less risk lending business if we want to create a business like this a valid collateral is a must for our very own protection from defaulters.

Lending here will gain you more than 5% per month on your lent crypto funds and there will be no guarantee anywhere. If you are looking for a guarantee from your borrower, you can only lend to those who give you 120% or more worth of collateral to the amount they are willing to borrow from you. So if you don't lend no collateral loans, you will be at much lesser risk.

Some things with your OP, first you have no capital. It seems!. Starting a business with fear is simply having no idea what you are going to do, if you are afraid of losing money on loan, that is, a part of the capital you have for that, you are trying to invest everything you have, it is a mistake.

 The businesses that you see on the Internet under this type of modality, which do not ask for money in exchange for a bond / guarantee or what is called a trust loan, have so much capital that a user who does not pay means a commission that does not enter, no it is loss of capital.

There are so many ways to earn money on the Internet that this is only one way, but there is a variety of tastes and the main thing is to invest money without fear of losing it.


Questions:
would you 100% trust them?
NO!.
Earning few percent per year vs. losing the big amount of cryptocurrencies fund?

This is a classic question of, that is, you just have to add the exclamation points.

Collateral is a must unless one is the reputed member here than there is no harm to give it. But for new comers or to lower ranks it is a must to have collateral against it and now with bitcoin price crossing 12k it is much more valuable and one cannot risk to lose it.

8.5% return per year is not really worth the amount we are going to risk so I will be relying on the lending section of bitcointalk where you can earn 5 to 10% even in a month for lending small amounts but you are going to lend the money based on trust and nothing else so you have less people to choose from.

Definitely no!
I do even have questions in mind on how the hell those people do consider on putting or trusting up their funds to be into those third parties or companies that do offer annual growth interest rate with their crypto
which they havent realized that they can be possibly be gained up by just holding your own coin into your own wallet?
I dont know on whats up to their minds but to think up the volatility basic aspects then you can possibly earn more on the amount that you do expect on using up those services or platforms.
Its just really that nonsense for them to consider.

It depends on the negotiation between the lender and the borrower, If there's something good things especially a good hold on the lenders side for sure the borrower will get a good deal for that matters.

But if it doesn't have anything valuable to offer well we can say that this is totally dangerous since we might gonna put the money of the lender in bad deal.

If you are the lender, there will be no more negotiation with you and the platform you are lending your coins unless you're an individual lender. It's what most you'll get even if you demand from them as they have a fix rate. What I think is Zulubeiop is worried about is based from many factors. The condition of the economy due to pandemic, the market's as usual is volatile and it's not ideal to let the platforms lend your crypto as they'll hold it and it's worrying if you decide to let them use it for loaning others because, will never know about security matters and hacking. Or, there could be other things.

You should keep your money with yourself and do not trust anyone online for investment. 90% of the people will not return your investments. :(



Lending money is a big risk and even if you want to earn some interest by lending crypto currencies, you should ensure that you use escrow so no one is at a risk.

Every Cryptocurrency is risky but it gives high profit too. Until this time I never had lended my crypto but rather I have invested on some smart contract project. If you want to lend your crypto then you have to bear risk as well. But From my friends I have heard that "Blockfi" is a good site for investement and they never had loss. So I prefer investment on Block fi is good

If you are lending to the known ones than that is fine as chances of you getting scammed is far less than sending to unknow ones. Also, here on forum if you know or a member who has positive trust or may be higher rank then you can trust him and lend the coins. Else does not worth the risk as against the reward.

instead of lending in those companies why not Use this forum to Make your Own lending service?8.5 interest per Anum is too small and just like almost banks.
In lending service as long as you are familiar in exchange and be very particular in Currencies that they will be using as collateral and be aware also of many scammers,remember that Even those trusted accounts are sometimes making their out just to scam and it happens recently.
so try to visit those lenders thread first and learn from then before creating your own.

Both parties I guess in risk if you are in a business of crypto lending. The only thing solution is to provide collateral with high potential value more than what you have borrowed. If you have plan a business like this don't think to cash out ever, because when there is bull run or downtrend of course that price will matter on that movement.

If you are long term holder of crypto, lending business is good for you. But first, make sure the borrowers should have this collateral for your won safety.

I never tried Blockfi, I only heard them.

It depends on preference since on companies we can assure to get a return on our money even if the percentage per annum is so small, but if the person can take a risk and knows how to do this carefully in this forum then why not? the profits we can possibly get by doing lending business here is quite decent but also the risk is so high and we need to take an extra precaution or always ask for collateral on borrower for security.

Never.. Lending is risky and if you cant take that risk, you shouldnt do lending at all

For typical banking institutions then i might consider but for those companies here on crypto space that do offer that per annum interest on your money then i cant really just have the guts
on entrusting them my funds just for me to earn a small percentage yet you can actually or possibly earn even more with just simply holding.Any investment do involve risk and if
someone cant really handle that then its better for them to skip out yet they might not able to accept in the time they would lost up their money.Its up to someone though
but not all would really have that risk management.

To a large extent, it depends on you. If you are a trader and your likelihood to trade comes up often, then I don't see a reason why you should lend your cryptocurrency. That's because, having the need and actually withdrawing your funds before agreed period always makes you loose your esteemed profit as you've broken terms and conditions.
Also, if you most lend, you've got to be extremely sure it's the right platform as what is sent might not be returned.

Even on the forum, you should only trust someone with limited amount of money. If you want send/receive big amount of money you should insist on escrow even from the most high ranked members of the forum. If anyone is new, they can visit lending section of the forum and see how people lend cryto currencies with proper escrow or valid collateral.

Personally, I am not the big fan of lending and avoid it unless if my close friends require it for some purpose then only, I give them because those are trusted guys. But yes, here on forum if someone is highly trusted and has good standing on the forum then one can think to lend it else better to stay invested in coins.

I think there are several well established platforms nowadays that can be trusted. Some that come to mind are Aave and Compound.
They might not have the best % p.a. but it's better than just having the crypto sit there and do nothing (unless of course you're staking)

They might have proven out themselves with time but doesn't mean that we can trust them 100% and in talks of long term then just like what other said on here that I do rather
keep my coins for myself and do able to get those gains in a year time rather than waiting up for a year and worry that you had something which is left on others hands.
Im not really that confident.
Its an another way and we've seen several local boards does have its own lending section aside on the forums general lending board.
People do love to lend out their coins and make it grow but of course when it comes to risk then its always accompanied with it.
Its up to person if he can handle it or not.

I have never given lend any Crypto to anyone as I don't have that much of crypto in my hand. But now I have some funds in my hand I will like to give lend for a good interest. I know the Lending board and I have borrowed from their 2times.

This style is better than you allow the exchanges to use your funds and be in there for so long. With this P2p lending style, you have your own funds on your side and you can choose whomever you'll allow to borrow funds from you. You alone are the exchange for those people who are looking to borrow crypto. Huge or small funds, you have your variant of borrowers and it's all up to you in which bracket amount you are allowing them to borrow.

DeFi system right? Now, this practice in high demand even the exchange like binance there is feature namely Bswap feature which can allow you to lend your crypto currency and you will get an income in it. I think this feature will develop in the future because there is no risk for everyone who use this feature. Moreover, the decentralized exchange like Uniswap may be in high demand even their own coins have a big price tag within a few days.

Well, it's a hard decision to make but I guess if you are a really big baller, then taking the risk would be much more easier, but then making more is all about taking risks and this is just one of them.
I personally would lend if I have the fund, but then I would research very well on the platform i choose to lend with before going into it, and also do well not to put everything I have in one basket.

Lending will be easy and safe if we have a trusted/reliable escrow but how do we get this quality in cryptocurrency that scam is everywhere, another important thing is your token accessible any time you want to retrieve. Staking and Defi  is a reliable form of loaning your fund for interest and accessible any time. With all these opportunities I think consider the accesibility to my fund when the price pump

Those swaps and defi are very popular now. But just like the concern that we're bringing up, it's never safe if you'll just store it to those platforms if you ever are giving importance to your holding. It's a requirement for them to hold it but you need to think of it first before letting go your funds that will stay to them. There is still the risk and that is you don't hold your own crypto as you're lending it to them and its on their custody which is a requirement to use their platform and feature.

New things, new risk but if you can't take those danger beneath on it then don't go since a possibilities to lose our money is huge that's why we need to be prepare for something worse and been advise to the same platform is to put a capital where you can afford to lose, I know we already here this sayings for so many times but somehow its helpful for us to have a capital set intended for risk taking.

entrusting funds for trade on the exchange is already risky and how much more if you let your funds lended to others inside an exchange .

 lending is not a small business but we are talking about money here , your going to lend money to others and it requires huge capital to get started .

 defi is new but its more of decentralized than on binance and previous lending platforms that we know on the past , those are thier pros and cons . i think ill go with defi for now if ever i want to start a business like this

The closest I came to lending with assurance of not losing my cryptos was with the Poloniex Exchange. It used to fascinate me how I could lend my coins out on that platform and another trader picking it up even without having any direct chat with me. Interests are paid as at when due and the coins are returned at expiration. But Polo has since stopped that service. I wish any other exchange would pick it up. Notably, I have heard of p2p groups where people go into borrowing and loaning of cryptos. But they do that with escrows.  However, we can't compare what interests are paid on any loaned crypto to what one makes trading them by oneself. The key thing to excel on this is getting the required skill set for trading.

Why would I do that? I'm really wondering why that is even an option when I'm not even sure on how to get it back! Especially with the fact that, the third party remains anonymous, owes me a lot but virtually owes me nothing so, why take such a risk. Even with the possibility of lending it out for series of activities that could earn both you and the third party profit, it's always a probability and as much as the third party stands a chance in let's say, profiting through trading, so also are the chances of losing.
If the third party eventually looses, I'm left with zero chances at recovering my borrowed coin so, why on earth would I lend my coin. I would never do that. What ever I can do with my coin, then it's just better stocked where I can see it than with an anonymous person.

Don't bet your money on someone else, you lose everything. It's not like we put savings in the bank because they have proper headquarters, we know where to file a complaint. In the world of crypto, even though the company has its registered headquarters, when something goes wrong, it is difficult to get its money back. Keep your money in your hardware wallet, wait for the price to rise and sell, that's optimal. Interest 8.5%/year but lose everything, you will be desperate.

Without collateral or not knowing the person lending will be highly risky and not everyone can afford to lose it. It is a good business though but only if you got some good backing and ready to take risk and also have a proper collateral in place etc then it may be the good choice else for normal ones better to stay invested in coins.

I never want to lend my cryptocurrency, I think it's very risky.  I used to have bad experiences about lending Bitcoin to a friend but until now it's only been paid half.  my friend continues to use many excuses to buy time for payment, since then I intend to never lend my cryptocurrency to anyone even with collateral..

I have made loans in the past and it's a good business if you trust in the guy you are giving a loan. The biggest loan has been up to 0.0175 to get back 0.02 in one month, so in the end it worth it.

And that's why the forum has the lending section, for people who are interested in giving loans and make a profit from them. https://bitcointalk.org/index.php?board=65.0

There are instances on where lendor do really able to grant some loans even though theres no collateral neither those person had been vouched by someone or had been personally known by the lendor itself
but in most cases these people cant really be granted with any loan since they can easily ran without being traced knowing that online marketplace is a vast thing.Lending business is a very risky
one thats why as a lendor you would surely set out something on agreement so that in case that they wont pay then theres something you can pull off and its better rather than have nothing at all.
Always ask out on collaterals which are way more value on the amount that had been loaned and dont go below it.

If that is the case, I think it is not only when owed in cryptocurrency that it will be difficult to pay for many reasons, because this kind of nature often occurs in real life with loans in fiat. I personally borrowed cryptocurrency several times from friends and vice versa, at least I had borrowed and loaned cryptocurrency at that time. As long as the calculation is only in cryptocurrency, I think it's fine if it's just friends, but if you do loan services, then I think the calculations will be better using USD, because we also need to adjust to unstable prices in this market.

I think there are loan markets on Poloniex where you can loan but under better control than lending to some random guy on the forum. Having just been reading about someone's defaulters I cant say I fancy it much.

Also places like free bitcoi.in give 4% interest annually on balances so how much can you make loaning?

Please feel free to use my signature to go there.

:)

I'm not sure about this but anyone here knew about Celsius Network. I want to try it but I'm not comfortable to do the KYC procedure. Is anyone here already earning on that platform. Is it worth to try?

I've used Celsius Network before. They're one of the legit platforms out there, and are pretty flexible in terms of fees and tenure. You can withdraw anytime without penalty.

Thanks for responding. Do I need to submit proof of residence address. I mean like utility bills. Unfortunately I have none of those bills if needed. Just national id.

There is a section on this forum for those who wish to lend their funds in the form of cryptocurrencies at interest. The percentage at which funds are issued is much higher than the annual rate of DeFi projects. I myself would not mind doing this kind of activity, but so far I have no time for it. You just need to accumulate a sufficient amount of funds and come up with a system of rules for issuing loans.

There are crypto traders who take loans to use cryptocurrencies. Like banks they charge high interest rates on loans this makes it much easier for them to raise funds. It is not a bad thing to take a loan. There are many businessmen who improve their business through loans and also does not take much time to repay the loan if their earnings are good. However is better to stay away from kyc platforms.

I would never do that, neither directly to someone or through a trading platform, yes they promise good profits per month or year but the risk is inevitable.
The most important thing in lending crypto to other people, of course, they have to provide collateral just in case, the best collateral probably a stable coin or fiat currency of equal value. However, what bothers me is the idea of taking advantage of someone else while he is struggling to provide collateral and work to pay his debt, it's better to invest in stocks.

Thats how reality works thats why you wouldnt really be having any option but to deal with it.On the ethical side of things then its your responsibility on paying
up your debt since you had borrowed money.Back on topic on where i do trust up third parties? I would rather kept my coins in my own wallet and let it grow
and if the price had crashed down and made me lose then it doesnt matter as long you do lose those money into your hands and the feeling of regret wont really
be that bad or severe compared if you do look your money on other hands and lost it up without any further explanations but only simply saying due to
volatility issues.

If you lend anyone your crypto to get interest on it, you have the danger that the someone may not return your money and/or run away with your money.
You can try the Binance saving program where you can get interest on your savings and at the same time you will have no fear of scam.

Maybe yes maybe not, it depends on the rule or the thing that I will be getting from lending my cryptocurrency assets as long as Ive the assurance to get back the asset that I lend

The rule isn't immutable and it is also uncertain. We trade at large exchanges also very comfortable with their rules but it is also very difficult for us to get money back when they disappear. So I don't think it is necessary to take risks to earn a few percent, hold btc or ETH, we make a lot more profit.

As a lender you can set your own rules on what will you accept or not, if you think you are doubtful with the borrower then require him a good collateral so that you will have a good return if someone defaulted. Just set a clear rule and study it carefully if it's a win for you also it's kinda fair to the borrower so that both parties will be in good deal.

Certainly there are risks, but I use DeFi
I also use CeFi on the Binance exchange
These bring solid revenue

Of course I would. And of course, I would do that with a hefty interest. Nothing goes for nothing. There are many platforms for that

I don't believe in electronic borrowers. What can they pay for interest rates but if they steal your electronic money? How do you get it back if the bad case occurs. Moreover, I think the price of unstable electronic money can be high or low. If the currency price you lend to high, you want to resell it impossible. Holding coins in hand will help you get more proactive when others borrow to take words.

I would not lend my cryptocurrencies if I know that it's not 100% percent guarantee it will return to me after the lending expires.
If the amount of interest is the same as staking I would rather than put my tokens in staking so that I can immediately cancel my activity if I want to.
There are a lot of ways that I can make money and lending my cryptocurrencies I guess is not the options that I really want.

Good way to make more gain from lending your crypto currency to lend it through AAVE or Compound and then depo LP tokens from this landing platforms on Lever network. This makes double interest possible.

If you will sustain the Collateral way of lending then you will not risk high in this community , The problem with this Business is if you already Give your trust specially to those Green trusted account and in the end will Scam you letting their account tagged and your money is gone.
this is the main problem about Lending business and you can check the lending section and also the reputation section about those cases of failed lending .

Crypto lending and borrowing is gradually making wave in the digital currency world as many DeFi project are now embarking on that. I think i support that as it gives room for one to earn more on his token insted of keeping it. But it will be good to do it legitimately in other no to get scammed.

My personal opinion is that cryptocurrencies should not be borrowed or lent at the moment just to say cryptocurrencies as coins or tokens, but I think if it is not in dollars and as a group cryptocurrencies would be a much better medium because bitcoin is this. Moves a lot more at the moment in which case I think Bitcoin should be traded as dollars even if it is traded. There are many fixed currencies in cryptocurrencies that you can transact if you want, but keep in mind that the main source of these is that Bitcoin can currently use cryptocurrencies to trade at low fees.

Green trusted account or even those members that belong to the DT member isn't enough to trust, there are some cases like this that I saw did not pay their loan. So I  guess if you are into this business it should require the right collateral that has a bigger value over you are browsing amount.
There is no risk if there is collateral that will I guess used. The user will pay and if not, it is easy to sell the collateral to cover your lose fund from the lender.

But if you are going to ask me, I will not lend using cryptocurrency because that is a very risky, lucky enough if you lend bitcoin during the bull season and becomes dump, but if from the bearish season and then when you will pay your debt is on the bull season, the value will double and it will I guess you are paying the double amount.

Absolutely thats why eventhough how many trust ratings have still we need to ask something benefecial(collateral) if we want to get paid by them and the rule should be set especially on money matters is trust no one since everything has downside and might we will be the last point of those people who are quiting want to grab some money on their departure. We mant times see this here and its a good lesson to learn from the others who are victim with those green trusted member scammers.

Yeah, there are several situations where they do just simply borrowed out money and havent provided any collateral and its actually depending on the lendor itself because trusting up someone into this kind of business

is something that you cant just easily give on.Always follow the default system on having collateral anytime someone do make a loan or borrow up money.No matter what the reputation it is or how trustable

because we dont know on when they would just simply vanished out and i agree that it is really something to be asked but i do still see some of lendors here doesnt really ask out something
in value or in equal into the loaned amount and thats very risky.

I am not lend my crypto to any individual but i will more than happy to stake my crypto in centralized platforms like binance to earn regular interest from it.
You can do yield farming or provide liquidity and earn good returns which are way better than the returns which may be received from fiat banks.

Providing liquidity/yield farming often require ethereum/binance (depending on the chain) which mean u will have to pay for deposition and withdrawal. That's your opinion though but don't you think it will benefits you and others (borrower) when you lend out some amount of that token and also earn timely reward?.

Well this is a good option to and its really risky to give a loan to a random person on the net even if they will give a collateral(Not alts) since we will surely struggle to sell the asset or the item they provide. I will explore this option since so far I'm only watching those staking option on binance and let see how things will work unto them regarding on this kind of investment option unto them.

Anything with advantages usually have its disadvantages but one only decide to take a step when one outweighs the other. Each have their advantages and disadvantages but the major reason I'm still insisting on lending out assets is
1. You are helping someone while also getting a timely reward in for of interest
2. No charges is involved unlike providing liquidity where by u will be charged for providing and removing liquidity

I have not use services like Blockfi , but if they offer good services you may lend your money. Make sure, there is proper system so no one can scam anyone. Personally i would not lend my crypto currencies as it is always risky if you lend your money to someone.
Also note that Blockfi is a centralized site, if they run away anytime after collecting lots of people lending funds  :o

right, I think lending our tokens to a trusted defi platform is great
compound and aave provide stable interest as well as minimal risk to lenders

I began to be interested in how it worked and was sure I could get a side income even if it was a little

any lending and borrowing platform carries unforeseeable risks, which proves that  only make loans or loans under our own control. To increase the amount of money you hold, you should learn trade knowledge or invest in IEO or IDO projects, which is probably a safer option.

Well, I think the risk depends on the platform one use for their lending business, this is if really theres any risk to it though, cus me personally, I've been doing lending on kucoin exchange for quite a long while now and I've never had any issues, they've always paid my money back including the interest even before my loan period expires, the only down side is that the interest rate is very small compared to some other platforms, but am glad cus its been consistent and I've never had anything to worry about.
Though my purpose of lending isn't 100 percent for the profit, my main purpose of lending is to force myself to hodl, If I buy a coin on an exchange which I wish to hodl for some time, if lending is available for the coin, to prevent myself from panic selling, I lend it, so this is exactly why I don't really care much about the interest rate be it very low.

You can reduce this risk by lending on the decentralized platforms. Of course if you have extra crypto with you and it is lying ideal, you would want it to lend it and earn some passive income in the form of interest. There will be risk to but you need to take measures to minimize the risk as low as possible.

I think there is no fee for the deposit and you won't withdraw often in this case. You will withdraw only when you want to stop the lending and by that time you would have earn enough interest that paying the withdrawal fee won't be a problem.

Although I have never tried the platform, but I think that credit can make people's dreams come true that have not been able to be achieved at that stage, with credit it is easier for people to reach them.

 Therefore, by making credit, the borrower spends more money to pay it off, rather than making transactions in cash.

Nothing comes without risk (even the life we live). The most important thing is to take a risk that is really worthy of taking. Earning a passive income on your asset by lending is out is a good idea which i really support. But then, it's your asset and you can do whatever you like with it. However, lending it out will not only earn you a passive income but also you are helping someone somewhere with your assets.

Very Wrong, because Credit will never help others but will only put them down, Unless the credit will come from our family members that has no increase and time duration then that would be far different from Loaning to other people with too much agreement.

You want to really research the different organizations before lending your cryptos to them. If you see that the interest rate paid is quite high, this might be a sign of additional risk which you might not want to take. Look at what the main platforms are offering and see what's the current benchmark. Then try to see how the organization you choose is regulated, where they are located, who is behind. Make your due diligence and start small and not with your complete portfolio.

We all know the risk that comes with borrowing and lending money. And for someone to borrow a particular some of assets, he needs to check if he or she will still have enough net profit after deducting the interest of the lender from the profit. This is just one of the numerous things to do before one jumps in to borrowing generally.

Lending of fiat is quite a risky move not to talk of lending cryptos, this is a super risky move for me. Cryptos is designed to anonymous and comes with a lot of privacy except in actual cases of a compromise but then, how can you lend something to someone you know not and take no asset for collateral in the process. Yes, those that do it might bank on the forum trust system and the value attached to an account but then, does it really ends with the forum to take such risk?
Well, I suppose they know how to do this but, its a too risky move for me and I'm not sure of taking my chances with lending anyone cryptos anytime soon, lol.

In P2P lending, it's just all about trust and we can see that there's a reputation built on the lending section and we know who are the trusted people. But they're also choosing who to lend if there's no collateral but if there's good collateral, they'll grant you for sure.
I don't lend or borrow too as I don't find myself fitting for that business but who knows if there's a possibility that you and I will also be there entering that business.

Well I would love to. Just to make it as a bussiness to earn more currency.ofcourse lending currencies should have an interest so you will get profit.bit ofcourse you need to kearned more and study all strategy how you will get profit on it.I did not yet experience lending currencies but as I said I would.I like the idea of that...

If you are new to this business I suggest not to become too much greedy, you need to have research first on your lender, it should have always collateral higher value than what they borrow. Becuase once there is one of your clients will not pay, it is hard for you to recover that amount and it will consider as your loss. That is how risky to become a crypto lender.

I rather keep holding my crypto-asset than entering this business, though the potential of gaining profit is possibly high and the risk also is too much high.

Try to do it on your locals first before entering business with intl clients, or if you want to run a website/business and regulated by the authorities on your location then that's much better.

But if you want to do it just like in this forum, then you're entering a hell of risks, there are lots of users here who lend and end up being scammed and etc. Though you can really gain much but the chance of getting rekt is huge as well.

Regardless of the trust question, depending on where you live and how much you care about compliance with the law, lending may not suit to many:

In many (most?) countries simply hodling is a neutral activity, but trading and lending may be considered a tax event, so if you are simply talking about earning a few bucks it may not be worth the hassle.

Depends actually on taxation regulation but most of the time where trading and these lending business specially if done online isnt taxable then this thing wont really be a bothersome most of the time.

In talks with the risk then of course it would really be always been a part because there's no such business that wont really be involving any risk so you should really get prepared for that.

Its up to someone if he would risk out on lending his crypto because not all would really be having that kind of confidence inside and even myself cant really take off that risk.

This is a very interesting approach, why not huh?

Advance: Platforms with large transaction volume and high creditworthiness, those with the best time

I will use a small part of my funds to invest in a simulation operation, which will be another interesting channel. I think I must be tolerant and suspicious of him before I come into contact with new things. This will make me interested in new things and try it when possible.

`

Lending is risky, that's about the most and the least you can say about it. At least if you lend fiat to the bank the government can guarantee it (and I know this isn't foolproof but it's something).

Giving your Bitcoin to people and hoping they'll keep it safe for you, is one big ridiculousness we can't afford at all! And no, even wrapped Bitcoin trusts centralized blockchain companies!

If I were you, I would never do that, I think it has its own risks that can harm you. This is a big warning to bitcoiners not to over-liberate bitcoin, however.. this is very important privacy that should not be known to others. So far for mine, I don't believe it and I don't want any intention of lending bitcoins in any case even if it promises profits.

Blockfi had been recommended several times by popular influencers actually. I haven't tried them myself but we recently heard of Blockfi news in which they mistakenly distributed BTC instead of USD to its users. With the influencers and people providing reviews, they've become reputable. Not everyone will trust any company with their coins though. If your goal is to earn 8% annually, there are staking projects out there that almost similar, maybe only 5% but perfectly safer.

Those influencers won't just give a feedback because they want to put such platforms as a content. They're also now part of the marketplace for these platforms and getting paid for nice reviews.

That's actually low but very reachable and realistic. I agree that there are staking that can even provide more than that but choose the appropriate one that you can take as per risk calculation.

Cryptocurrency lending is not a new thing. And the risk involved is just like cryptocurrency investment itself. There are series of platforms the offer crypto lending and borrowing, inasmuch one can get a genuine platform, crypto lending is a little bit profitable than lending, most especially when the Cryptocurrency is not a DeFi coin or token.

Your advise is very helpful for us. Because .don't loose your funds in lending crypto coins. Because you can't do anything if a person does not returns your funds. Because crypto currency is a decentralized currency and can't do anything when we send funds to anyone. So, don't make greedy to get some interest on your funds. Your advise is 100% right. And i am agreed with your opinion.

To avoid such risk towards giving a loan to random people here is to ask for collateral, this is what other lender do so that they can recover their funds if the lender defaulted from their loans. But if you can't avoid to do this better forget about giving some loans to the people here since for sure this will never worth and you will just get some stress thinking if your borrower will pay the amount which he borrows to you.

To offer an anonymous person your Crypto assets could be dangerous and risky. Before you lend someone your Crypto assets try knowing the person to an extent if he/she can be able to pay you back or the person has a credible reputation he/she wouldn't like to dent. You will have to gain a convincing trust from the party whom you're lending. There are people who offer such services on a particular board of the Forum. Go through their topics and see how they run their businesses.

If I was in the situation before covid 19, I would do it. But for now, it's quite risky. You know, sometimes 0.1 BTC at this point is just about $4k4$. But next year it will be $400k. So if they need a big crypto loan, I will have to politely decline.

Borrowing in the cryptocurrency market is a risky process. Especially in this market, if someone faces a loss after borrowing, it will be very difficult for him to repay the loan. He may even go bankrupt at some point.

i didn't put my btc in blockfi but put it in celsius, i'm sure my btc will be safe there.  i put my btc in Celsius for long-term investment and the assets we lend are guaranteed safe.  lending and borrowing platforms are on the rise and i am very willing to lend my assets because i don't really like to let my assets sit idle.

As long as I know the borrowers and confident on him, yes, I would go ahead and lend. None has asked me so, however I have not tried for it so. But yes, need to be very careful when lending. We have very many good people around. Better, have a escrow in between and make sure to get guaranteed by any means. Have a slight research on, if the borrower has enough resource to earn that money and give that back to you.

same having experience with lending section.
its good choice to make fund with no hardwork, but you must go run after get what you need, run to pay the bills.
the main problem is do you believe on stranger to lend your crypto? it can be happen if you know people, where living, and have the other rule that make you keep easy to hold them

It's also okay to turn lending your cryptocurrencies into income or passive income, but I'm not convinced by unfamiliar people.  I've seen this Blockfi before but I don't know that it's possible to borrow and lend Bitcoin here, like crypto.com if I'm not mistaken, please correct me if I'm wrong.  If you lend on legit and verified platforms, I don't think there will be a problem.

There are several reasons why I would gladly lend my leftover cryptos. One is participate in a DeFi lending where using accepted cryptos such as bitcoin and ethereum can be act lending medium, in return the interest earn should be substantial. Many liquidity mining projects resort to lending practice to generate their respective utility/governance tokens. Many crypto support don't just want to speculate by hodling. As much as possible the want passive way of income from their holdings.

The risk is higher for borrowing if the coins are pumped in the market the chances of profit are much higher that's why if it goes down, it can go down at once and it will take a long time to recover then it will be difficult to repay the loan it is better to stay away from trying to borrow for this. The market is not stable borrowing in crypto is more risky.

Of course yes i will like to borrow my cryptocurrency because Crypto lending is a type of trade where you lend out your cryptocurrency and earn interest from it. Crypto lending works similarly to traditional lending services but unlike a traditional bank loan, crypto lending is mostly P2P. This mean users are borrowing directly from each other instead of a financial institution or the lending platform itself and the core difference is that loans are issued on decentralised platforms. The peer to peer lending industry could possibly disrupt traditional providers of debt by providing an interesting opportunity for investors to achieve an attractive and stable stream of passive income while also offering a fast and customer friendly way to meet the financing needs of borrowers.

Exactly and I think that is not a good idea if you will barrow cryptocurrency and convert it into fiat. For example, you borrowed 1 bitcoin and then convert it into fiat, but days later the price was almost double and you can't able toa pay it just because the price was so high. You are lucky if the price will go down but I think, that is not commonly happening. It usually happens that the price was increased compared to the price that you lend from the start.

Based on my knowledge about this matter, there are other section here in the forum where some of the members are lending their Bitcoin, ETH,  to those who want to loan were of course there is an interest and period of time of how long your gonna pay it, and they are also giving a requirements for you to be able to qualify as a borrower.

Cryptocurrency I have been involved in trading for two years but so far I have not taken a loan from any outside source. Because I don't like borrowing in real life again in cryptocurrency Borrowing is a very risky arrangement. Once you face a loss, it is not possible to repay the loan easily.

Yes, it's possible to lend and borrow money there and that is the main existence purpose of those platforms. BlockFi and Crypto.com are popular investment sites for crypto enthusiasts and they are fully regulated, however it doesn't guarantee these companies can't bankrupt for some reason, as even the most traditional banks we are used to deal with have already been through collapse and debt situations.
But in my opinion these investments are the safest option disponible right now for passive income, because they are regulated and consequently trackable. So in case something goes wrong, people behind the platforms will have to pay investors back in legal disputes moved by the prejudiced ones. It's not a lawless land anymore.

Do you remember that MT. Gox exchange scandal? The exchange closed and scammed lots of funds from users, but there are still legal disputes going on and people are receiving their funds back, proportionally to the bitcoin price on those times. That is not a perfect solution because of course people would like to receive their original funds + bitcoin increasement percentage since 2013, but at least they can receive the money held on that time.

Taking a loan cryptocurrency is never been in my thought before since its very volatile, but for lending my cryptocurrencies better to do it to someone you know since this is crypto space a lot scammer out there who willing to take your money with fake identity.

Definitely a good idea to be cautious and risk averse. There are some high quality lending and borrowing services out there that I would personally trust, and then a lot that would be a hard pass for me.

The first thing is to find out the organographic chart of any lending organization.Find out who their CEO is and who the other executive members are. Again find out if the company has been incorporated with a Cooperate Affair Comission. Lastly in my opinion, find out if the company is registered with a known insurance company and demand to see the insurance certificate covering investor's capitals before investing.  I have made this mistake in the past and would not omit the above criteria on any platform before lending or staking.

I can lend on a platform if the interest rate is attractive and if they are incorporated. Nexo is a fantastic platform in my opinion.!
Happy Trading!

Taking a big risk like that is highly discouraged by many people in my opinion, it's true that there are lots of scammers roaming the virtual world until now. so you should think more about it. Great support not to make such loans. ;)

with 8.5% interest is it per year or per month? If per year, I think it doesn't matter. Doing crypto loans to other people is very risky for us, because everyone does not have high honesty.

when we lend our crypto assets to other people, they may leave and not return our crypto. I personally feel distrustful of other people.

It's a good idea giving load with interest  but I come to think how are you going to go about it.  If everyone here in the forum can apply for it or it's only people outside the forum , well it is a nice development but you need to plan it very well.

This is a nice one, but have you considered the risk behind it? It is and has always been fun trying new things with crypto currency, but in this part of lending crypto currency, it is new to me and I have not had any thinking about it at all.
At the point of lending out your crypto currency, don't you think that the price value might change over time (this could be on the positive side for you or on the contrary), and will it be through a third party that is well trusted and has been in the system for some good period of time, cause using the escrow in P2P trading, most times there still come some trouble when confirming transactions and stuff like that.
Also, the coin at which you are lending is it one of the most popular coins in the market, cause I think that will get more chances of getting interested people, otherwise, people might not get much interest in it.

instead of loaning directly to company , why not offer your crypto to individual here in forum as long as there are collateral? and you must be having a knowledge how to assess the value and future of the collateral coins.
in this you'll be safe in your funds and also will be in safe hands from scammers.
there are several loan provider here that become a victim of scammer but they trust too much so the end they become a victim.

Taking a collateral is indeed a good option but kindly make sure you choose what collateral is good and always require that the collateral given is more higher than the amount loaned by the borrower so that he can assure that he will pay back nor can recover as well earn once the borrower defaulted from his loan taken.

Although even though we have collateral we are still at risk on any possible scenario that might come especially if the price of the token or coin  they provide as collateral dump or the digital items have demand so that we can easily sell it.

Borrowing cryptocurrency from an external source becomes a lot of fun. Because if I can't repay the loan, then all my houses will go bankrupt. So I do not transact cryptocurrency from any external source.

If the platform is trustworthy and they are insured, then definitely. It's just a matter of educating yourself enough to know where to place your assets and understanding the associated risk.

if you lend in exchanger is save youre money always back
example you can lend in binance huobi okexchanger kucoin or another exchanger, is farm is good in pancakeswap

Crypto currencies are decentralized and there is no central authority which controls them. So if you lend your crypto and if the other person scams you, there is no way you can get your crypto back. For this reason i discourage everyone to lend their bitcoins and crypto currencies.
Also, for small interest, you should not risk your money.

Lending here will gain you more than 5% per month on your lent crypto funds and there will be no guarantee anywhere. If you are looking for a guarantee from your borrower, you can only lend to those who give you 120% or more worth of collateral to the amount they are willing to borrow from you. So if you don't lend no collateral loans, you will be at much lesser risk.

Lending or borrowing in cryptocurrency is extremely risky. If you suffer huge losses in cryptocurrency transactions from any source then it will be very difficult to repay your loan. So it is better not to borrow in cryptocurrency.

I will find it hard to lend my cryptocurrency in an online platform. That is not the kind of risk I can take. Not for now. There is so much happenings that can lead to loss of your crypto on lending platforms.  Very risky! Those lending platforms can be legit today, and tomorrow they become not legit. You never what to expect. Offline lending is less risky though.

At this point, while crypto lending is a refreshing innovation for the crypto ecosystem, I personally don't think it provides the full benefits of real credit – as in its current form. , all crypto loans are overstated. This means that you have to have capital available to get a loan, which means that the crypto lending market is not for the uncapitalized (including crypto capital) it's really the audience. need access to finance the most.
E-money lending however Generates a passive profit for the lender and the borrower can get the money without having to sell the coin. These are significant improvements for individual holders and large institutional investors alike. But to me will not lend cryptocurrency because paralleling profit is high risk.

Keeping in view of the risk reward, i think lend your crypto is not a good deal. There is always a risk that the person who took the crypto may not return and you may lose your money.
Instead if you only hold the crypto yourself, you can get good gains without any risk.

I have not yet done this. But have given some BTC to my friend for his emergency and I dont mind if he gives it back. But yes when an unknown person here requests me for BTC as a lend, then would think of it and will check on the procedures everyone follows when lending and will provide based on his reputation in the past. But as of now, have not come across guys approaching me requesting for BTC. 

There is some complications in this lending of bitcoin and other crypto except stable coins like USDT. As an example, if you lend someone 100$ in  bitcoins, later at the time of return, you will want same amount of bitcoins or the USD value ?

If the bitcoin price rises too much at the time when the receiver has to pay then it might create a dispute if the receiver want to return the USD value only in bitcoin.

I don’t like this way of taking a loan. I don’t know how to take a loan. It’s too risky and not worth it.

To a large extent, it depends on you. If you are a trader and your likelihood to trade comes up often, then I don't see a reason why you should lend your cryptocurrency. That's because, having the need and actually withdrawing your funds before agreed period always makes you loose your esteemed profit as you've broken terms and conditions.
Also, if you most lend, you've got to be extremely sure it's the right platform as what is sent might not be returned.

Lending here will gain you more than 5% per month on your lent crypto funds and there will be no guarantee anywhere. If you are looking for a guarantee from your borrower, you can only lend to those who give you 120% or more worth of collateral to the amount they are willing to borrow from you. So if you don't lend no collateral loans, you will be at much lesser risk.

there must be provisions and an MOU first because sometimes the trust we give will eventually be misused by some irresponsible people.
but in this case I also often do this but it is only for my closest friends or indeed family who do the same thing as I do.
As for other people who are in the sense of outsiders and just being known, I feel like this will only make them have evil plans

Every Cryptocurrency is risky but it gives high profit too. Until this time I never had lended my crypto but rather I have invested on some smart contract project. If you want to lend your crypto then you have to bear risk as well. But From my friends I have heard that "Blockfi" is a good site for investement and they never had loss. So I prefer investment on Block fi is good

I wouldn't like to lend lend anyone crytocurrency,  I take my cryptocurrencies as business,  cryptocurrencies have value which I don't joke with. I will prefer to lend someone my flat. Though it depend on the amount of crytocurrency,  I can't lend large amount of cryptocurrency. If it is something small I can try to lend.

lending your crypto is indeed dangerous. even though the gratuity interest is so tempting but we have to think twice. that is, before lending, we must know the terms and conditions that will be given to the borrower and the lender.
and we must take the time to study in advance the source that we will lend.
whether their background is trusted or not.

after getting the results of the investigation then we decide not to believe it or not. if it is trusted then we will definitely want to lend our crypto even though the interest is small. but if the party to be borrowed is not trusted, then even if it is offered to us with large interest then don't try to lend us it. because the risk is high.

looking for a safe zone is better than us losing in the future.

The Crypto market is going faster than we can think to a world of all possiblity.lending out crypto is not has safe especially to someone you know nothing about but I've been seeing new technology and ways exchanges lend out cryptocurrency to Investors and customers without getting hurt. There is nothing bad in lending out your crypto but we need to also consider the market volatility which might be an advantage or not.

if you are worried about the volatility of crypto prices then you can choose a stable coin as your capital. but I prefer to lend coins with high volatility such as bitcoin because in the long term it is more profitable, as you said, currently there are many platforms that offer loan features very reliably.

If you look at the value when you lend your crypto to other we can say that you might lose on it or earn since we don't know if we will see a good movement of the market, But id your not worried to it and you are into volume then everything is fight as long as you get a return on your balances to your borrowers but make sure that you require them a collateral so that you can assure to get something once the person borrowed you some amount fail to pay on the timeline given.

Cryptocurrency is highly volatile mate and looking at the price when lend the crypto won't save her from making lost. Those that offer crypto lending service do it with the crypto they are not planning to sell I mean crypto they are holding for a long term. Instead of the crypto to just sit in their wallet they choose to increase it through lending.
Since the above user is not that experience about crypto lending services, I will advise she join Bitcoin DeFi project that will execute the join for her.

Are there platforms or exchanges that provide staking with reward more than 20% for stable coins and can also run the bear market?

If we look at the situation deeply we can really say that its not worth to lend it since we can use that amount to trade or invest on something which can generate us more percentage than what we get if we lend it. Also we are not sure if the borrower will pay since even if we know those people on internet or how reputable they are there are instances that they default their loans and stop communicating with us also with others and that's a huge loss for us if that case happen.

I have done it once but to my friend. He was injured and had to just support his medical expenses. But other than this, have not yet given money to anyone. Yes many say, its not safe to hand over your crypto currency without getting any document from the other party. A tiring process. Giving out to an unknown is highly risky so just watch out who he is and his eligibility to pay back. 

We are talking to the funds that are stagnant or the funds that have not not been used up for a very long time. Using your own funds to trade or to invest is risky because you can lose them and when it is lost you are left with nothing but if you will only lend it you are not going to worry and if there's someone that will worry that will only be the loaner because if he lose his loaned funds he wont make it back anymore but he only want to make sure that he will pay the lender back if he do not want to be killed.

Before we lend it is important that we will only lend on the people that are really trusted. Look for their kyc so that they can be easily traced if they do something wrong.

Whenever you lend Bitcoin you're putting those coins at some risk of vanishing.

There's basically no protection for you if the company does something wrong, or someone hacks it.

And also they can always change the percentage they pay, the amount you can withdraw per day/week/month/year/etc, the paperwork they need to KYC you, etc.

Personally I want to store Bitcoin for the long term. A decade for example. Most companies come and go after a couple of years.

The most secure place to store you Bitcoin is with your own cold storage. That will continue to work as long as Bitcoin is working. No 3rd party required.

lending and borrowing crypto I heard some people make enough money from this business, but requires a large capital to be able to make big profits. if I have a lot of crypto assets then I will definitely put my assets on a lending platform, in addition to my long-term investment, it will also definitely make my assets grow.

I would still not lend my crypto for a long time even with a valid collectral. Since bitcoin prices increases over time, there is a chance that after a year or so, the price of bitcoin may increase and the value of collectral may remain same or in some cases, decreases. Therefore i may not be comfortable in risking my value bitcoin and crypto currencies for few percentage of interest.
For short term like a week to a month, you can lend but still be careful you have valid collectral in case the persons who borrows plans to scam.

Well you guys obviously do not really pay attention as almost the overwhelming majority of people who are borrowing money from these platforms are putting collateral of crypto or even NFTs as that is popular now.

So you will be getting their collateral of crypto and not fiat necessarily,,, which is why you are paid out in the same currency you lend.

Anyway, no way to prove collateral on these platforms so you are anyway going in blind.

Depends on the lending platform because some platforms can accept a wide range of collateral. This forum can be one example, because there are lender here that will accept a forum account and they can also accept any other things as long as it has a value.

Cryptos and NFT values are volatile. Fiats and alike are stable but I think fiats can get devalued overtime? There is no safe collateral but every collateral has their own risks. Is there even a lending platform where you cant be able to see the loaner's collateral? So, they will just say that this is their collateral but you cannot verify it if they really own it? That practice was too unsafe, why would someone use that?

Exactly.

I've tried to look into borrowing before with a platform and guess what? They're even asking more than the amount that I am about to borrow as collateral.

There's no sense to borrow if that's going to be the collateral they'll be asking you. It's better to just sell that stuff collateral you have and avoid the debt.

These are companies and not a charity, they're making sure to make money and borrowers won't just run from them.

Yes,,, but we are obviously discussing these platforms where you lend and earn interest. And that interest is based on repayments from borrowers, who have to put up collateral, which is always in crypto.

On this forum, you borrow, you do not lend.


Like I was saying, most of the guys commenting do not even know what they are talking about. Just spamming.

I agree with you in principle,,, but I do understand why some people would want to do this.

For example, if I have 1 BTC, I do not want to sell it. Or NFT. But I would like to buy something big that I am willing to pay instalments for. Like a car.

So I can put BTC or NFT as collateral and borrow 90% of the value, and pay interest until I paid it all back.

Yes, it means I lose because I pay interest, but I did not have to let go of my BTC/NFT. And I still got the car.

I also understand that but I wouldn't do that just as theirs.

If they have that option and they've agreed to their terms, it's them that has to go on with that obligation. But I don't really want the company to earn interest from me.

Maybe that's just the moral thought that I've got since I don't like the option and I'd just sell it if it's really needed and urgent.

I would go with it and find it much better than selling off the btc and buy a car. Yes there is going to be bit lose since we pay interest but much safer with btc. I am not sure if I can share this as it would become a spam. I was discussing with my wife that will buy a car on a loan. She suggested that, we can pledge the gold we have and buy the car. Interest to the gold every month will be smaller than interest upon a car loan. It was really a good idea and we decided to go with it. I could match this situation with your above suggestion.

Like I was saying above,,, most of the people commenting had zero idea of how these lending services work, as referenced by OP. And probably no idea of how collateral worked in these crypto lending platforms.

It is always about calculating risk when it comes to this type of financial situation. I totally agree if presented with 2 things as you were: higher interest rate, for something that loses value immediately, versus lower interest rate, for something that gains value long term. That is like an obvious answer :)

Car loans are REALLY expensive if you think about number of years and final price.

Frankly, I take this with the utmost caution. I try to borrow not often, because for me this is not the best sign.

Wow! So much to learn everyday about crypto.

It's your own choice because your money is how you spend and where you spend it and whether you lend it to someone or not. However, if you want to take a loan from any institution in your own country you have to follow the rules and if anyone gives loan from this forum then he will also follow some rules. However, investing in crypto with loan is foolish because if there is a loss then you will suffer to repay the loan later.

Absolutely not, especially at the current situation, where you have no means of suing people if they do not hold the end of their bargain. I keep all my coins in the DEX wallet. I do not trust CEXes.

what if it turns out that you make a profit and not a loss then making a loan to invest in crypto is your big luck. currently there are still many DEX/SWAP platforms that pay well, I will give you an example, if you borrow money to buy $CAKE then you can put it in pancakeswap and get a reward with a large APR, currently the price of $CAKE is low so buy it and investing in it is a wise thing.

Are you sure everyone will be faithfu? Your idea so good but the major problem is very difficult to find trustworthy people.I think It will become a lot of ricks.But it's all depend People's mentality.If that happened then everyone would benefit.I have noticed many such sites but i can't trust.But I will invest if I find a reliable site.

We are talking about lending cryptocurrencies and not borrowing them.  
Anyways I believe that both lending and borrowing cryptocurrencies is not a good thing. Lending crypto is not a wise thing however if you are in need of urgent money, you may borrow crypto but it is indeed risky as if the crypto price went up, you will need to re-pay more.

Some people have been into this business for so long you can fine them in the service section making deal, this forum support such move but not in all cases. The thing is when giving out loan make sure it agreement contain all the details needed for smooth transactions and interest patients.

Hello.
 Start up development (https://owlab.group/our-blog/post/5-development-phases-of-your-startup-a-step-by-step-guide) is an emotional roller coaster that will turn your emotions inside out. You need the will to do it. As Sam Altman says, ""the only people worth starting a startup are those who can't help but start a startup."

I am not sure - but I like to play safe.
I would rather lose  money by myself. Rather than lending the crypto.
If I calucualte I have lending so much money to people in real life and never ever I have got them back - so I think - No I would not lend my money!

In the business of crypto investment everything involved is risk associated, keeping your asset without wanting to lend out is a risk, and same also applies to the decision of having to lend out.

Anyways, just be careful on how you proceed in lending and the source your to lend to. More importantly, you can try to create certain strategies as measures to ensure your asset lend out is securely paid back with the agreed interest at the end. Cause there are cases where lending becomes a problem to the lender as the borrower end up not being able to pay or not wanting to pay.

You can use this link to check out others business experience and strategies in the business of lending
https://bitcointalk.org/index.php?board=65.0

IN last few years - after the Corona - I have learnt the importance of money.
I was rather very quick in giving away my money and rather than making some investments. But now I have a little crypto - I don't want to lend it to anyone. No not at all.

I feel you. When it comes to my crypto i made sure to store if offline and only sent it to exchanges.
Lending seems a bad plan too.

The 12%  sites seem to fall like rain.
The low reward sites/exchanges are not worth the risk. I rather lose money on inflation then risk too much.

I understand your desire to multiply your money, but as usual, greed doesn't lead to anything good. Cryptocurrencies already by default, upon ownership, allow their owners to increase their wealth. Why not be content with it? Trying to lend it out carries huge risks, because you are "giving away" crypto. This is important to consider, because nothing prevents borrowers from scamming and not fulfilling their obligations to return funds. I consider the lending to be extremely high-risk and unreliable.

I never think it makes sense to lend funds to someone in cryptocurrency.For example, I would like to say that if you lend funds to someone then what will you do if that person refuses?You can't judge people about it. Time will tell you will refuse to pay your funds and you will face a lot of big losses.I think this cryptocurrency will never lend funds to anyone.If necessary, deposit it in your fund savings. There will be a good profit every month.

This is a tough one.  I would think if you did p2p that there would need to be some sort of escrow involved.  If you are doing via some sort of exchange, then you run into the whole not your keys, not your coin thing and gotta hope the exchange is and remains solvent and hasn't overextended itself either.

I just have a question for you Sir, are you planning to borrow here in cryptocurrency? Or maybe you're looking for someone to borrow cryptocurrency or Bitcoin? As far as I know, there are other members here in this forum who lend crypto to anyone as long as the lender enters what they are looking for in the borrower. Because I know a few names that already lend crypto to it.

Here try to check this one dude loan offer https://bitcointalk.org/index.php?topic=3243635.0

Now if you are planning to loan in the exchange, I could say there is a high risk and high requirements also for the community
who wants to loan, and that's a hard to trust there is a 50/50 chances I guess if you do it.

It depends on what conditions

Trusting people with cryptocurrency is very risky. There is nothing you can do if someone cheats on you.Because you don't know them and just trust them.But it can be borrowed if you know a person or team.Even then I think it is not right to give someone a loan in cryptocurrency.Because why be an enemy of people by giving your cash to people.It is better not to be an enemy than to be an enemy.

That's right, it's very risky and makes you helpless to influence the situation if you lend your cryptocurrency to someone. It is easy to give, but it is not easy to return what is given. I'm guessing you can lend cryptocurrency to people you know and trust, but it's best if you document the deal and the terms of the deal. Moreover, legally, so that there is an opportunity to influence the fulfillment of obligations.

The desire for more and more has no limits. OP, cryptocurrency so allow you to make a profit. Is this not enough for you? Well then, be prepared to bear double risks if you lend them.

It is easy to get but not easy to return. This is the common sickness of those people who love to borrow money from someone else. That is why a collateral is invented so that lenders have an assurance that the borrower will come back because if not then his collateral will be liquidated.

Proposing a legal document also helps like the borrower will sign a waiver, that if he won't pay on time then something bad will happen to him like he will get arrested by the authorities. Better if the op will be contented on the cryptos that he hodl as it could still bear him profits when the market returns to normal. Being greedy to earn more, is not good.

-     If I'm the only one to follow, Instead of putting your crypto assets in blockfi, it's better to use Binance exchange
if that's what you want to happen to your assets.

Because of binance, when they see that you have assets staked on their platform, as long as you enter the minimum stake amount of 100$, it will be easy for them to approve the crypto loan if you want to apply for such a program that the Binance platform has.

And it can be said that Binance is safer and more comfortable to use than blockfi although it is only my view and opinion.

I haven't tried taking loans on Nevar platforms yet and I don't have much experience about it. If you lend your money and get interest percentage from it then it is definitely a good sign. But if you give loans on these platforms then you must be careful because there will be many scammers who will ask you for loans. But you need to be aware of them so that you don't fall prey to scammers in the future. If you want, you can visit the forums of many lenders, follow them and gain knowledge from them.
https://bitcointalk.org/index.php?topic=5030169.0 (https://bitcointalk.org/index.php?topic=5030169.0)

I have thought about lending my savings for a good annual profit before, but even in the case the platform you lend your cryptos is well known and stablished, I don't think it is worth the risk. We all know famous cases, from MtGox to FTX, not to count Cryptopia and many others in between, and even if the interest offered is much higher than those any traditional banking will offer to you, in the end you are paying for them somehow by accepting a very high risk you may not be aware of.

I know that an alternative can be decentralised services for lending and if the risk is much lower there I think that I should re-evaluate my thoughts. On the other hand, I know some staking services for certain cryptos (ICONex for ICX works fine for example) and if staking is more safe than lending, then it can be a good idea to sacrifice a percentage of the profits for the peace of mind. The bad thing is that high staking returns exert a selling pressure on the coin in question to some extent, but if you trust the project and think long term, it can be a complement to one's investment strategy.

I'll prefer not to lend my cryptocurrency unless there's going to be another strong cryptocurrency as collateral and it must be a well established cryptocurency like Ethereum, there's so many things that can go wrong when cryptocurency are lended without collateral and we have seen them unfold on the forum when people default and run away with the lenders coins. When that happens the best the forum can do is to tagged the account but that doesn't bring back the coins that were lost. Lending is a very risky business both on and off the forum so instead of encouraging people to join the business, it's best they continue holding their cryptocurrency.

If you think making use of exchanges or those centralized lending platforms will help matters, don't forget that lots of those defi lending and borrowing platforms are constantly getting hacked and closing down. Exchanges aren't the best option either since it's not wise to store your coins on exchanges or make use of other service that will mandate you to store your coins on exchanges. They're the most focus target for hackers and often they succeed and steal millions of customers funds which there's no guarantee of getting back your money when that happens.

On what terms do you want to lend or on what basis are you interested in lending? If you make a loan, how much interest will you charge on that loan? If you have taken the initiative to provide loans then definitely avoid scams as many will want to take money from you and not back that money. Since you are giving loan through online then definitely based on certain documents before giving loan then you give loan so your money can come back to you safely.

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.

Who can object to making profits from money in savings through an offer to lend and obtain interest? Unfortunately, this is not easy at all, since central platforms that provide such services cannot be easily trusted, and at the same time unknown applications cannot be trusted, especially if they were recently launched.
The experience of launching the lending service on the forum is considered the best and safest, but of course this requires great knowledge of the forum and how to set conditions and rules for the service, as all lenders do. The matter is not as easy as anyone might imagine, but if someone is really interested in this, I advise him to visit the lending section on the forum and follow up on these topics.

[1] Personally, I had never heard of the Nevar platform before, and I did not find any information about it on the Internet after I did a quick search. Are you sure of the domain name you provided? If there is a platform for borrowing, please tell us about it and your experience with it, as you may find interest from some here.
[2] Why add a link to the link? Can you just paste it without having to url it using bbcode?

Lending our crypto assets to other people is certainly risky, in terms of lending and borrowing, you have to be completely honest after that make a clear agreement, and we have to see the person who borrowed it managing the same as managing personal assets means not carelessly. we should just avoid lending them and it's better if we sell them instead lend it

Since you will give loan through online, you have to give various conditions to the borrower in terms of giving the loan. you have to give him all kinds of conditions that you feel trustworthy to give him the loan. There are many scammers who will accept all your terms and apply for a loan from you but you must be careful and do your due diligence.

Before extending the loan to the borrower, be sure to document some documents so that you can submit them later if he defaults on the loan. It is definitely better to avoid newbie members when it comes to lending.

I may not be able to give you detailed investment ideas but I don't think it is beneficial to invest in these online platforms by taking loans. Taking a loan on these matters may or may not be a good decision for you. Because now you are thinking that if you invest you will get guaranteed profit but real market is not like that. Anything can happen in the real market. This year when the market went to 31 thousand dollars many people bought bitcoins but now the market is 26 thousand dollars that means those who invested in bitcoins during 31 thousand dollars have now lost. If any of them have taken loans and invested, think about their situation. How will he repay his debt now?  So I think you can decide other than taking loan.

Then I can only add, the one who lends cryptocurrency must be prepared for the risk that he can face here, especially if he does not know and anonymous the borrower. Just like the lenders here on the forum, they know the risk they can face with the majority of members here on the forum platform.

But even though they know the risk, they also have consequences for those who cannot fulfill the obligation of a borrower or borrower of cryptocurrency on time.

Those of us who trade in cryptocurrencies know that there are some risks involved in trading in crypto currencies. But I don't think lending cryptocurrency is right. If you want to lend the maximum you can help him is through cash. And can give maximum cooperation about crypto currency. And if you lend him crypto currency then you have to take a lot of risk to lend to you but in the end the result will not be very good.

Lending to me is more reasonable to do with fiat.

I personally wouldn't lend any Bitcoin at all, even if the interest that some companies are showing might be tempting to some. The risk of losing it all is just too much. Not worth the risk in my opinion.

With fiat they can simply print more anyway, but Bitcoin is irreplaceable.

It depends a lot on how much risk you can handle. I have never tried lending platforms though. The decision to lend cryptocurrency is a personal one that depends on a difference of factors, including tolerance and knowledge of the lending platform and trust in the borrower. However, if you don't like managing your own funds with your own resources, these platforms can be used, but the risk here is relatively high. Engage in the lending process by thoroughly researching the lending platform, understanding the security measures and considering the several terms and conditions.

I think you should ask this question to experience person in the field. As of now I believe dark star can guide you the best on this matter. He has given more loans than we could ever imagine and has been in the lending business since very long.

Giving a normal persons opinion I would say crypto lending is risky business so far. You have to have strong collaterals to safe guard your money. You would be crypto lender so you would never know who is on the other side of lending bucket. Once you plot proper strategy then think about the % interest and recovery methods.

With due respect, your jitters around Bitcoin lending might be a bit over the top. Indeed, Bitcoin's volatility brings the heat, but remember, in the financial arena, high risks often score high rewards. Even your go-to fiat currency isn't immune to losses. Factors like inflation, economic turbulence, and currency downfall can knock out the value of your hard-earned money over time. The printing press run by governments can lead to currency devaluation - a low blow to lenders and borrowers. Bitcoin, with its max supply, steps into the ring resilient against these odds. Thus, I politely dispute your viewpoint - Bitcoin lending might just be a high-risk, high-reward strategy in the investment game.

Indeed a very risky business.

Whether it's crypto or fiat lending, it's totally a risky business that I wouldn't get in. I have thought that this is all profitable but looking at many situations that happened for many lenders, I don't think that I can take that risk they're taking.

Those that have been on this business on the long time are good with this business but I am sure that they've also dealt with a lot of best of the best borrowers and also worst of the worst individuals.