CoinCentral: An In-Debt Look at Bitcoin Lending: Is It Worth It?
As a crypto investor, you’ve undoubtedly stumbled upon Bitcoin lending platform ads. These platforms come in all different sizes and each with different procedures. Bitcoin lending first gained popularity in 2017 as the crypto market skyrocketed to new heights. The hype of last year’s crypto mania also created a prime environment for Bitcoin lending.
Today, numerous Bitcoin lending platforms offer all types of financing services. Financing options include obtaining a loan to buy Bitcoin, using your Bitcoin to get a loan in fiat, and lending your crypto to others seeking financing. While all of these platforms offer different services, they all have one thing in common: they’re all betting the price of crypto will continue to rise. Read more