Crypto lending platforms

[DAIHARD]

In the world of crypto, borrowing and lending can have it challenges and risks. To help users make their decisions with the best information available I created this topic.

Which platforms do you use? What is your overall experience with them? Which ones do you recommend and why?

Here is a list of some known platforms. Feel free to list more and provide some information about them:


   Bitrue                                  https://www.bitrue.com/
   BlockFi                                  https://blockfi.com/
   Celsius Network                       https://celsius.network/
   Coinlend                             https://www.coinlend.org/
   Compound Finance                 https://compound.finance/   
   Cryptolend                     https://cryptolend.net/
   Dharma Lever                    https://www.dharmalever.com/
   ETHLend                            https://ethlend.io/
   Maker DAO                    https://makerdao.com/en/
   Nuo                                https://www.nuo.network/      
   Nexo                               https://nexo.io/
   WhaleLend                    https://whalelend.com/





NOTE:This list is neither a suggestion or recommendation! The point is users who have experience with any of them or other platforms give feedback, so the community can evaluate the risks, rewards and even legitimacy of the lending sites and apps.

[StackGambler]

I have experience with Celsius. They only allow people to borrow money with valid collateral in the app, their withdrawals are instant, they have fast support via Telegram, and they payout interest on time. The app UI is also quite pleasing to the eye. I haven't heard of most of the other names, but I'll be looking into them. Oh, forgot to mention that Celsius is also insured by BitGo or something like that. Doesn't mean much to me but may be of some significance to others. I'd vouch for that service.

[richdadphat]

In the world of crypto, borrowing and lending can have it challenges and risks. To help users make their decisions with the best information available I created this topic.

Which platforms do you use? What is your overall experience with them? Which ones do you recommend and why?

Here is a list of some known platforms. Feel free to list more and provide some information about them:


   Bitrue                                  https://www.bitrue.com/
   BlockFi                                  https://blockfi.com/
   Celsius Network                       https://celsius.network/
   Coinlend                             https://www.coinlend.org/
   Compound Finance                 https://compound.finance/   
   Cryptolend                     https://cryptolend.net/
   Dharma Lever                    https://www.dharmalever.com/
   ETHLend                            https://ethlend.io/
   Maker DAO                    https://makerdao.com/en/
   Nuo                                https://www.nuo.network/      
   Nexo                               https://nexo.io/
   WhaleLend                    https://whalelend.com/

Thank you

[KryptoKai]

Haven't used any of these lending platforms, but you should all SURETLY to that list. They have added their SUR token to their lending platform so it's a good time to invest, buy it at HitBTC

[livingfree]

I'm only familiar with nexo. It would be good if you're going to give any experience with any of these websites that you have suggested. So far what we knew about these lending platforms, most of them are suspected as scams.

There's an infamous lending platform that shutdown and scammed a lot of people, yes that's bitconnect. I'm not saying that all of them are scams but base on what I've seen many of them were 'suspected' scams. If you are interested with crypto lending, you can compete with other popular lenders on Lending and hold your money alone.

[Crypto Girl]

I haven't tried any of these but I'm familiar with ETHLend and considering to lend there if ever. Though, I always taking the side of such P2P lending specifically from those popular ones.

It would be good if you're going to give any experience with any of these websites that you have suggested.

That will be great, like some pros and cons, it will be a big help and so people will have ideas before using it. Perhaps, doing diligence research before using it.

[earninterest]

On my website I show the interest rates of almost all mentioned providers together with details about every provider. Perhaps this helps. https://earncryptointerest.com.

[elitemobb]

Cryptocurrency based lending is a new step for microfinance services. I will honestly not personally use it, but according to other people I can say one thing: the cost of projects never arises with payments and interest is not big.

[livingfree]

I haven't tried any of these but I'm familiar with ETHLend and considering to lend there if ever. Though, I always taking the side of such P2P lending specifically from those popular ones.

It would be good if you're going to give any experience with any of these websites that you have suggested.

That will be great, like some pros and cons, it will be a big help and so people will have ideas before using it. Perhaps, doing diligence research before using it.

There will always be those pros and cons with such services and websites that we're using. I'm not really into this lending because I'm taking precautions with those past incidents that happened with on the same line of service.

I think lending here in forum is the best to use than other services

It is the best if you are looking for trusted people that are in the business. Borrow money with those lenders that are in line with this business for a very long time, you can see their thread on that section and read their trust summary.