sites for lending of eth

[bitcoin-shark]

i hope it's the right category, i'm looking for sites to do lending of eth possibly not requiring kyc, can anyone help me? thank you...

[dotcomedy]

Compound.finance is decentralized, open source, and lets you lend ETH, tokens, and stablecoins. Biggest project (by far) on Ethereum that lets you do that. The rates on ETH suck, but stablecoins are yielding 4-15% usually. Fully liquid, can withdraw anytime.

Centralized (KYC) platforms offer more return on ETH, but I have no idea who is actually borrowing ETH of if they are ponzi.

[feryjhie]

did you already check ethlend or nexo.io? because from both website you can borrow ETH but both websites require the borrower to have a collateral for your loan to be accepted
if you don't have collateral then you can't borrow ETH

[knuckey]

I think lending sites really need KYC, maybe you can try borrowing here, have you visited a lending board? Try to make a thread there.

[vanya.pronin.1983]

There are tons of projects that are already functioning in a lending industry. NEXO, Moneytoken and much more are offering crypto lending, but you need to deposit a solid collateral sum to be eligible for doing such operations.

[darewaller]

You are actually in the wrong place to look for answer like this, but I think you can still get few constructive comments from here, although the best place to visit would be the Lending session of this forum. I have never seen any lending site that does not request for KYC because it is even on of their collateral for lending in the first place, how would they lend to someone to they have any info on, when it is not Decentralized loan lol.

There are so many people that will be willing to give you the loan, depending on the amount of Ethereum you are looking for, but most of the loans offer I have actually been seeing is on bitcoin, but I am sure we will also have for Ethereum too, juts that I have never picked interest in having Ethereum loan, I use more of BTC.

[Febo]

Without collateral and kyc, nobody will borrow you ETH, it's very unreasonable thing to be done, if such platform do exist it will be unsustainable for long, you can't find any project like that.

Exactly I dont know what fairly tale OP lives in. How will anyone lend you anything if they will not know who you are? Impossible.  

https://coinloan.io/

Here you can lend fiat by locking up your crypto as a collateral.

[Samayuki]

There is ethlend and salt lending website but I don't know how trusty they are and I haven't use them once either

[CryptoBry]

Without collateral and kyc, nobody will borrow you ETH, it's very unreasonable thing to be done, if such platform do exist it will be unsustainable for long, you can't find any project like that.

I agree. Nobody in his right mind will ever extend a loan for someone who has no collateral at hand. There are now many programs offering something like a "loan" but one must deposit digital assets into their platform to be granted the loan. The main idea here is that you still own the digital asset (like Bitcoin or Eth) even if you received some value against them (most likely in the form of USDT which you can then convert to real cash).

[Bodarbala]

Exactly I dont know what fairly tale OP lives in. How will anyone lend you anything if they will not know who you are? Impossible.  

https://coinloan.io/

Here you can lend fiat by locking up your crypto as a collateral.

I think it is the best location that provides a lending service, Depends on paper guarantees or encryption for your lending. The best lets you find the right lending for you to repay.

[justdimin]

There is really not a loaning space that is similar to real life loans. You either get scammed which is the most common one or you are basically giving people money so they would give you money and I never really understood that. I mean why would I give them 1200 dollars in dash to get 1000 dollars in eth?

How could that help me, if I need a loan then I would just trade my dash to eth and be done with it instead of getting a loan, if I am going to be capable of paying the loan then I would be capable of getting that money back myself as well. Loans are something you take when you have no money and need money, you pay back later or you get sued and banks take your stuff instead. If crypto doesn't get type of power one day then lending will never take off in crypto.

[lolgato1]

I know about these leding platforms / coins: NEXO, MoneyToken, Salt, ETHLend.
Hope you will find the best platform that suits you.

[upyem2k]

Is there anything we will not hear or read in this cryptocurrency world. Lending of ethereum even sound impossible let alone of not having your details in dorm of Know Your Customers before lending you any amount. We all know that one has to drop his details for a bank before loans can be granted.

[glendall]

I suggest not borrowing crypto, because paying for it will be very heavy,
it's better to just borrow the fiat value,
because in the next few months the price of cryptocurrency can double the current price, this is only my suggestion to be more careful,
for the borrowing platform, so far what I believe is only Nexo. you can look for it on the website.

[terrific]

Is there really a site that can do crypto lending. And this is really something I just found out, I think it's just an imagination.

No it's not an imagination.
There's nexo that has been receiving good reviews.
I always see them whenever I watch youtube videos. I also think that these lending sites before are scam because many of them before became like that but as of now, I think that there are few legit operating.

[goinmerry]

thanks to everyone for the valuable advice i believe i will try nexo and ethlend just hope everything will goes well...

You need an active balance on NEXO before you can use the Lending feature. They have KYC.

The same system applied on for ETHLEND.

The balanced will act as your hold assets and in case of problems, it will be liquidated.

 

[RealMalatesta]

Is there anything we will not hear or read in this cryptocurrency world. Lending of ethereum even sound impossible let alone of not having your details in dorm of Know Your Customers before lending you any amount. We all know that one has to drop his details for a bank before loans can be granted.

Actually it sounds crazy, but in reality, there are actually so many sites that do lend some of these top coins especially Bitcoin and Ethereum, and if you go to lending section, you will see lots of them. I am sure you have not had any reason to venture into something like this, which is why you have not seen the possibility.

It is absolutely real, but I will never ever try to go for cryptocurrency loan as you said, except maybe someone is ready to just borrow me fiat because imagine that I got a loan of 1 Ethereum when Ethereum was $250 dollars, and this loan is to be repaid back maybe in 3 month’s time, what if Ethereum has a high surge and increased to $2500, because I borrowed Ethereum in crypto format, then I have to pay that 1 Ethereum back, which means I will be paying $2500 back, is that not silly? I will rather walk to my traditional bank for loan.

[stigmacryptonight]

How about, to make a loan there must be terms & conditions given. One of the conditions is usually KYC, that's for sure. It is not possible, sites that provide loans do not need credit for each user who borrows.

[fosco333]

i hope it's the right category, i'm looking for sites to do lending of eth possibly not requiring kyc, can anyone help me? thank you...

It will be hard to find such a place, because usually the borrower will need to give some collateral.
And most collateral comply with KYC requirement. Some exchanges are providing lending, but they need your identity (KYC).

[Denongels]

if you are looking for a site in my opinion it is impossible because most of the kyc are always accompanied by collaterals better to borrow from colleagues for this case but in my opinion looking for colleagues who want to lend it hard