Cryptocurrency trading with flash loans

[krasi69]

Hello,
Can you please give me more information about cryptocurrency trading with flash loans ?
This is a trading where taking a loan, buying coins, selling coins and returning the loan is
embedded in one transaction. I would like to know few web sites where I can do this type
of trading. Do I need to deposit cryptocurrency to take flash loans ?

[ryzaadit]

None one of the websites has the ability to do that kind of loan.

Some platform exchange could have a feature loan but you need to put collateral as a guarantee for taking the loans, they cant do trading and loan activity with a single transaction. Because it's no guarantee the trading could be successful trading, also you have some chance lose went do the trading. Another reason you must send back the money loans with the same amount you take the loans just thinking if some people can do that kind of loan and the trading was to lose the loans process with trading activity would get the process with some lose situational trading activity. Don't forget taking loans have some time to return the loans with the same amount + the interest loans.

[Cherylstar86]

Hello,
Can you please give me more information about cryptocurrency trading with flash loans ?
This is a trading where taking a loan, buying coins, selling coins and returning the loan is
embedded in one transaction. I would like to know few web sites where I can do this type
of trading. Do I need to deposit cryptocurrency to take flash loans ?

I don't think exchange site owners would offer this kind of loan idea on their customers, because these days scammers and other fraud activities is rampantly happening. That's how worst is this kind of platform would be implemented, and people would be tempted to take advantage on a certain offer without being liable due to act of cheating on different perspective.

[Twinkledoe]

Hello,
Can you please give me more information about cryptocurrency trading with flash loans ?
This is a trading where taking a loan, buying coins, selling coins and returning the loan is
embedded in one transaction. I would like to know few web sites where I can do this type
of trading. Do I need to deposit cryptocurrency to take flash loans ?

I don't think exchange site owners would offer this kind of loan idea on their customers, because these days scammers and other fraud activities is rampantly happening. That's how worst is this kind of platform would be implemented, and people would be tempted to take advantage on a certain offer without being liable due to act of cheating on different perspective.

I have never encountered one also. Most of the time, they require some sort of collateral. You can't find exchanges that will do such flash loans. It is not an advantage on their end. If that exists, that exchange will be a bankrupt by now because of these abusive users.

[Ucy]

Hello,
Can you please give me more information about cryptocurrency trading with flash loans ?
This is a trading where taking a loan, buying coins, selling coins and returning the loan is
embedded in one transaction. I would like to know few web sites where I can do this type
of trading. Do I need to deposit cryptocurrency to take flash loans ?

Flash loan is still a new service, and it encountered some difficulties in it early stage. I wonder why you want to try it now. It's probably available on Ethereum Defi. I am not sure though if the service is still running after the defi flash loan issue.

[hugeblack]

You want an easy way to get money without even having capital, the method you mentioned is closest to Gambling as the only profit made there is based on luck and nothing else.
What will happen if the price drops? Can't pay off the loan? There must be a guarantee with a higher value than the deal.
If you have this collateral, why not borrow using fiat money, invest and then return the loan amount.

Note:
Trading in cryptocurrencies with borrowed money is a high-risk investment and may cause you to lose that money and increase your debt.

[ScamViruS]

Hello,
Can you please give me more information about cryptocurrency trading with flash loans ?
This is a trading where taking a loan, buying coins, selling coins and returning the loan is
embedded in one transaction. I would like to know few web sites where I can do this type
of trading. Do I need to deposit cryptocurrency to take flash loans ?

No website will give you a loan without collateral. Loan lenders must ask collateral, for security reason. I don't think there is any such platform that you are looking for. And it is not fair to trade crypto currency with a loan. It may even be that you lose all your money. If you have extra money try to trade with it. Which will be good for you

[ice098]

Hello,
Can you please give me more information about cryptocurrency trading with flash loans ?
This is a trading where taking a loan, buying coins, selling coins and returning the loan is
embedded in one transaction. I would like to know few web sites where I can do this type
of trading. Do I need to deposit cryptocurrency to take flash loans ?

Flash loan is still a new service, and it encountered some difficulties in it early stage. I wonder why you want to try it now. It's probably available on Ethereum Defi. I am not sure though if the service is still running after the defi flash loan issue.

This kind of service will not able to sustain longer, since it was very prone of scam and fraud customers who wouldn't provide an honest intentions. Cryptocurrency loan together with trading is riskier compared with other types of services, because they're both potential of becoming compromised in the future.
Most probably, this kind won't stay longer in operation, unless every registered customers provide their individual crypto deposits as collateral.

[posi]

Hello,
Can you please give me more information about cryptocurrency trading with flash loans ?
This is a trading where taking a loan, buying coins, selling coins and returning the loan is
embedded in one transaction. I would like to know few web sites where I can do this type
of trading. Do I need to deposit cryptocurrency to take flash loans ?

Flash loan is still a new service, and it encountered some difficulties in it early stage. I wonder why you want to try it now. It's probably available on Ethereum Defi. I am not sure though if the service is still running after the defi flash loan issue.

This kind of service will not able to sustain longer, since it was very prone of scam and fraud customers who wouldn't provide an honest intentions. Cryptocurrency loan together with trading is riskier compared with other types of services, because they're both potential of becoming compromised in the future.
Most probably, this kind won't stay longer in operation, unless every registered customers provide their individual crypto deposits as collateral.

I supported what you said about the flash loan not to last long because the protocol is already been compromise slightly cause some hackers was said to use it as a strategy to scam people.
With that been said, i hope the OP have the require knowledge in arbitrage trading because alot of people have make losses through the act of flash loan

[Mahanton]

Hello,
Can you please give me more information about cryptocurrency trading with flash loans ?
This is a trading where taking a loan, buying coins, selling coins and returning the loan is
embedded in one transaction. I would like to know few web sites where I can do this type
of trading. Do I need to deposit cryptocurrency to take flash loans ?

Based on my experience after all these years i dont encounter such platform that loans and trading have collaborated.
Actually got confused on what you are seeking on or just simply you want just to get loan or something?
Im quite sure that i do have seen some similar thread asking for some flash loan but that one do tell or ask
to obtain it without collateral which is  pretty hard unless if youre a trusted guy to the community but you do able to get one.
For  trading platforms offering such loan thing then it doesnt exist.

[tbterryboy]

When it comes to cryptocurrency, anything that has to do with loans, you must give a collateral for it and the collateral you’re giving is your cryptocurrency which will be an amount that is worth what you’re about to borrow. And then I’m a type of person that doesn’t like taking loans because I’m afraid of what might happen after you have taken the loan.

Trading with a borrowed is quite some risk, how do you even whether you’re going to make profit or lose the money? You don’t even know about that for sure, so it’s a big risk. There are still companies that can give cryptocurrency loans if you want, like Nexo.io.

[rexxarofmoknathal]

I agree with most of you that usually loans rely on some sort of collateral, however flash loan services where no collateral is required has also been experimented on.

According to what I read Decentralised exchange (defi) flash loans did use to exist a few months ago.
The platform offering this service was Bzx but because the process did not go smoothly (you can read more about it here: https://news.bitcoin.com/defi-flash-loans/ ) now due to the exploitation potential of no collateral loans as far as I know there're currently no more defi platforms up and running

[DoublerHunter]

When it comes to cryptocurrency, anything that has to do with loans, you must give a collateral for it and the collateral you’re giving is your cryptocurrency which will be an amount that is worth what you’re about to borrow.

^ Collateral is one of the most important if we are taking a flush loan from an exchange. Nobody will easily trust people and eventually, a business that has a loan will not long last if without collateral. But why you are planning to have a loan if you are in trading? Trading is a sort of gambling, so your capital must be affordable at you.
Nevertheless, I read this article two days ago but this is not an exchange platform, it is decentralized finance that has flash loans without collateral, https://news.bitcoin.com/defi-flash-loans/ (already introduced above)

[TheUltraElite]

I would not suggest any names, but there are sites that allow you to take a loan in the names of margin trading. While margin is essentially risky it gives a leverage to the trader to make more money. I don't suggest it to new users but if you are already experienced in this art then go for it but with risk management. If you don't know how to do that then don't venture into margin trading or leverage trading.

There is also the method to pawn collateral altcoins to get a loan for trading is you need - I dont know if that is what you asked in the first place. Poloniex is one which allows such trades. Also getting a loan outside and then using it to trade is also possible, but needs a bit more time to first get the loan.

Of course you risk your account and it's deposited money in case you are not able to make the money back.

[Strongkored]

I don't know whether this answer is the same as the intention of the OP.
To my knowledge Poloniex exchange has such a service, but I have never used it (I'm not recommended this)
I don't think use service like that will be good, the mental pressure is more big compared use your own money for trade.

[GreatArkansas]

Maybe what OP meaning to say is leverage trading?
It's like a loan within trading exchange.
It's kinda possible with the term of "flash loans". If ever in the future this will happen, it should really collateral loan even it is a flash loan within trading exchange, collateral loan wil really play on thing thing if ever some exhang will make some of these.

[beerlover]

Flash loan trading is more common in forex and not in crypto, it is already quite frankly risky for the exchanges to do margin trading and leverage trading and they get insurance for something that will be heavily favored and happens compared to regular crypto trading, they can't afford to do flash loan trading at all and can't force people to pay up when the time comes considering we are all over the world.

However, if you are doing forex trading with flash loans you are most probably in the same nation as the place you work with which allows them to take your KYC basically and if you fail to pay up then they will put a claim on your loan and simply sue you to pay up, we don't have that kind of thing in crypto.

[Dabs]

The current problem with flash loans is the requirement to have a reliable and trusted oracle to determine the price or market value of the coins being put up. It's not collateral, but it all happens in the same transaction so it's almost like collateral. It happened because the exploiter made the oracle think the price was lower than it actually was, so it was repaid in the same transaction at what it thought the price would be.

[mbakruroh]

Hello,

This is a trading where taking a loan, buying coins, selling coins and returning the loan is
embedded in one transaction.

This is how loan works and function but if you use it your financial will never bright anymore. There is no guarantee your strategy will success and you have possibility to get back the loan, I suggest you stay away from this one. Low interest and easy KYC become the magnet and you should realize this is disaster coming from. If you need loan try with bank, you'll get clearly rules and regulation, it will protect you from bankrupt and crime.

[The Cryptovator]

I am really not familiar with Flash loan for trading. Heard first time about this kind of loans. Only I heard some binary exchange have option for demo trading balance for learning purposes. You may take loans from some other platform, but obviously you need collateral. And more importantly I am not agree to take loans for trading purpose. It's quite risky if lost fund and most likely that's the reason why any exchange doesn't offer such as features.