What is Crypto Lending ? - Your Answer.

Nowadays, Crypto lending is one of the trending in life, which gives investors many choices to create passive sources of money. So “What is Crypto Lending ?”, follow us to have the answer.

Crypto lending is a form of crypto-asset holders that generates a source of passive income at a specific interest rate for a certain period. Today, the market has two exchanges corresponding to 2 forms of cryptocurrency lending to support users.

CeFi-Centralized: This is a centralized financial lending platform; through this form, there will always be a third party to support and control the activities of the lender and the borrower. Some reputable and famous lending platforms today, such as Nexo, BlockFi, Salt, etc.

DeFi-Decentralized: this is a decentralized lending platform, eliminating the influence of third parties; two parties will agree upon borrowing and lending activities. Some centralized lending platforms are widely used today, such as Marker, Fulcrum, Constant, etc.

According to the article, Crypto Lending is one the choice for investors to find the new way and effective platform for you to choose in lending. This helps you to answer the question “What is Crypto Lending ?.”

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