Are you earning from lending and borrowing cryptocurrency?

[Reedex]

Borrowing and lending in cryptocurrency seems to be a very good investment. I will give it a try someday.

If I come across a credible platform that is tested and trusted, i think I would love to join the investment.

 

[flower]

If I come across a credible platform that is tested and trusted, i think I would love to join the investment.

The one I joined recently never gave me anything and they are still demanding money from me.

 

[uptrendfinancialsignal]

Borrowing and lending in cryptocurrency seems to be a very good investment. I will give it a try someday.

It's true that it's a lucrative investment to try out.

 

[riberet19]

Once I used these functionalities on the Ledn platform, but I stopped using it, although I think it is a good way to make money, I think it is somewhat risky to do this nowadays, I will feel safer doing this when there is a clear regulation in cryptolenders platforms.

 

[flower]

Once I used these functionalities on the Ledn platform, but I stopped using it, although I think it is a good way to make money, I think it is somewhat risky to do this nowadays, I will feel safer doing this when there is a clear regulation in cryptolenders platforms.

It will be very profitable if you are giving out loans to credit-worthy borrowers.

 

[riberet19]

It will be very profitable if you are giving out loans to credit-worthy borrowers.

Yes, but if they are not or if the company is a scam like a few that have already fallen, I will lose all my money and there will be no great returns, it is not that easy, there are big risks in these entities.

 

[Magnus2022]

I don't lend but I do stake my crypto on Binance. It is risky but is far more better than trading for me. Staking and lending are two means of making passive income from cryptocurrency. Many are using it to make money from cryptocurrency .

 

[flower]

I don't lend but I do stake my crypto on Binance. It is risky but is far more better than trading for me. Staking and lending are two means of making passive income from cryptocurrency. Many are using it to make money from cryptocurrency .

Staking cryptocurrency is probably one of the best ways to make decent money in crypto world.

 

[Yohanna]

I'm not making money from lending and borrowing cryptocurrencies

 

[Reedex]

It is good to earn from such platform but it requires a lot of research work.

 

[flower]

It is good to earn from such platform but it requires a lot of research work.

Conducting proper research about this platform is critical.

 

[Yohanna]

Conducting proper research about this platform is critical.

It is very important to conduct proper research on a platform before using it.

 

[Blessed19]

It would have been nice for one to get to earn from this kind of update honestly speaking as one would surely love to engage in this with the little knowledge I have in the market I would make profits and return the borrowed crypto coin back and take my profits.

 

[Stardom22]

I have never tried out this venture before. I think the people doing this do risk their money by giving loans in form of the Crypto currency to people that you are not aware of their credit worthiness

 

[riberet19]

It would have been nice for one to get to earn from this kind of update honestly speaking as one would surely love to engage in this with the little knowledge I have in the market I would make profits and return the borrowed crypto coin back and take my profits.

Currently, thanks to smart contracts there are many platforms that let you do this, as you surely know, Kucoin has this feature, or Ledn too, I hope to use them soon.

 

[cherry123]

Yeah people doing this are risk takers. They do risk their money by giving loans in form of the Crypto currency to people might sneak away with their money. But it can be rewarding to

 

[Bisolami]

It would have been nice for one to get to earn from this kind of update honestly speaking as one would surely love to engage in this with the little knowledge I have in the market I would make profits and return the borrowed crypto coin back and take my profits.

It is true that it will be nice to earn from such a thing but it is very risky so it will be vety good for you to also think about the risk before you think of fully engaging in it.

 

[cherry123]

if you know the platfform to use then go ahead with it. They do risk their money by giving loans in form of the Crypto currency to people you can take advantage too

 

[Bisolami]

if you know the platfform to use then go ahead with it. They do risk their money by giving loans in form of the Crypto currency to people you can take advantage too

This is good and it is a brilliant idea for those people who want to take loans. I would have loved to do it but I am someone who doesn't really like to take loans. I dislike it

 

[Smalto]

I don't bothering myself over lending and borrowing cryptocurrencies. Most sites that offers such opportunities give strict conditions and this kind of investment is not guaranteed.

I totally agree with you, they usually have some sort of strict conditions which you as the user must strictly adhere to in order to utilize the service, but for me , right now, I do not participate in both lending or collecting.