May 02, 2024
Crypto Lending: What is Fiat Collateralization?
Fiat collateralization in crypto lending refers to the practice of using traditional fiat currencies, such as US dollars or euros, as collateral to secure loans denominated in cryptocurrencies. In simple terms, borrowers pledge their traditional currencies as security to obtain loans...
May 01, 2024
What Are Undercollateralized Crypto Loans?
Undercollateralized crypto loans are a type of loan in the cryptocurrency market that does not require the borrower to provide collateral equal to or greater than the loan's value....
Apr 30, 2024
Looking to Get a Crypto Loan? Here's What You Should Know
To obtain a crypto loan, borrowers must first deposit their cryptocurrency into a digital wallet controlled by the lending platform. The platform then locks the crypto assets as collateral and disburses the loan amount in the agreed currency....
Apr 26, 2024
Crypto Loans: How to Earn Passive Income By Lending Your Crypto Assets
The appeal of crypto loans lies in their potential to provide steady income streams while maintaining exposure to the cryptocurrency market's growth opportunities. This process involves lending your digital assets to borrowers who pay interest on the borrowed funds....
Apr 25, 2024
How Are Crypto Loans Taxed?
Capital gains play a significant role in the taxation of crypto loans. When you borrow cryptocurrency, it is considered a taxable event, and the value of the borrowed crypto at the time of borrowing is recognized as income....
Apr 23, 2024
5 Major Cryptocurrency Loan Risks and How to Manage Them
Cryptocurrencies exhibit extreme price volatility, with values that can fluctuate wildly within short periods. Borrowers using crypto as collateral may face margin calls if the market price plunges, requiring them to add more collateral to maintain the loan's value...
Apr 22, 2024
How To Spend Crypto Loans - Top 3 Things To Do With Your Crypto Loans
Day trading allows investors to take advantage of short-term price fluctuations in the cryptocurrency market, potentially generating profits within a single trading day. By executing well-timed trades and capitalizing on market momentum, day traders can achieve significant returns...
Apr 18, 2024
How To Choose The Best Collateral From Your Holdings To Secure Crypto Loans
Lenders typically favour highly liquid assets as collateral to ensure that they can swiftly liquidate them in the event of default, minimizing potential losses. When assessing the liquidity of potential collateral, consider factors such as trading volume, market depth, and exchange availability....
Apr 16, 2024
How Do Uncollateralized Loans Work For Bad Credit?
Uncollateralized loans for bad credit offer a pathway to financial recovery or emergency funding, but they must be approached with caution and a solid plan for repayment....
Apr 15, 2024
Top 5 Crypto Lending Platforms In 2024 - A Comparison
This article aims to provide an updated review of the top 5 crypto lending platforms in 2024. While delving into the intricacies of each platform, we’ll evaluate key criteria such as security, interest rates, supported cryptocurrencies, user experience, and customer support....
Apr 06, 2024
How Do Uncollateralized Loans Work In Crypto Lending?
Uncollateralized loans represent a form of borrowing in which the lender extends credit to the borrower without requiring any assets as collateral. This means that if the borrower fails to repay the loan, the lender cannot seize any collateral to recover the outstanding debt....
Apr 05, 2024
What are Flash Loans In Crypto Lending?
Flash loans are simply loans given to execute a transaction immediately and within the same transaction on the blockchain. This is made possible by smart contracts, which make the whole process automated. Smart contracts help automate the whole lending process, from borrowing to repayment...