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[AudraMiller]

Since the price of cryptocurrency continues to increase drastically, there are many people that are also getting involved in cryptocurrency, and one of the ways that they are doing that is to lend the cryptocurrency that they have or to be the ones taking a loan to start their investment and journey into crypto by making trades that can increase their profits and allow them to pay back the loan. One of the crypto lending companies that is well known is called Celsius, and this company has paid out $250 million dollars in rewards to its users since its inception.

This truly attests to the growth and expansion that the company has had over the last two year, and this shows a very good and bright future for the company as well. Cryptocurrency lending is truly coming to the front of the earning methods, despite the lack of security that it offers and the risk involved with it.

 

[sagefave]

If the lending of cryptocurrency is transparently done, then this should allow for more growth of cryptocurrency and its application in multidisciplinary fields as different industries could obtain loans easily through cryptocurrency instead of local banks.

 

[highspeed]

Indeed. In fact, now cryptocurrency seems to be one of the most discussed arguments in the pages dedicated to the economy of each newspaper.

 

[SCAMEXPOSER]

I doubt if there is any key word that has gained much attention globally like these words " Bitcoin and Crypto currencies. They are mentioned every seconds of the day

 

[highspeed]

I doubt if there is any key word that has gained much attention globally like these words " Bitcoin and Crypto currencies. They are mentioned every seconds of the day

Well, I would like to show you this example. Try going on Google-news, search for "Bitcoin" as a keyword.
I did it now and these are the results that you can find updated every day (of course, here you can see them in my Italian version).

 

[Wisdom01]

The only problem i have with crypto currency lending, is that the volatility rate of coins could affect the amount you are willing to borrow

 

[Niftyicon]

A few platforms are now into lending Cryptos of their users out for some rewards for those users. I think it is an excellent idea and it makes Cryptos to be seen as a proper means of exchange like fiat.

 

[Wisdom01]

A few platforms are now into lending Cryptos of their users out for some rewards for those users. I think it is an excellent idea and it makes Cryptos to be seen as a proper means of exchange like fiat.

Yeah i have seen those crypto lending platform , although the interest range is low and the fluctuation and volatility of crypto is the demerit

 

[Wisdom01]

I think that this is another way of making money in the crypto market by going into crypto currency lending the celsius company has really done well and I think that more companies will soon follow up Celsius company by also going into crypto currency lending crypto currency has really come to stay.

So many companies actually knows the benefit they derive from creating a lending platform , probably you see them more interested in developing a better lending platform and promotional means to make sure lot of people benefit and they also make gains from interest too , because they also have their own gains and can't establish like that

 

[AudraMiller]

I think that this is another way of making money in the crypto market by going into crypto currency lending the celsius company has really done well and I think that more companies will soon follow up Celsius company by also going into crypto currency lending crypto currency has really come to stay.

Lending is a very good way that you are able to make cryptocurrency using what you hve already however you have to consider that there is a lot of risk if you do this as well because there will be people that will not be able to pay you back and this loss will then fall on you.

 

[SCAMEXPOSER]

Lending is a very good way that you are able to make cryptocurrency using what you hve already however you have to consider that there is a lot of risk if you do this as well because there will be people that will not be able to pay you back and this loss will then fall on you.

I think the lending process is well guided as you will have collateral for such to be allowed otherwise many will lend without paying back especially in the digital world we are currently. Binance also has a similar programs though I haven't explore it myself to know more about it