I've never been a fan of loans as I prefer to save up and take care of issues when they arise. I literally got into a big message when I took a loan from a commercial bank once.. But with the way things have been lately, i'm beginning to reconsider. So, I'm opting for a crypto loan as a potential option.

I understand the risks involved with this kind of borrowing. Crypto volatility, platform security, these are all factors I'm weighing carefully. That said, I'm hoping to lessen some of that risk if possible. Please I need pointers in the right direction.

Does anyone have experience with crypto loans? Are there platforms known for having better terms and lower interest rates?

• Aave: Best for flash loans
• Alchemix: Best for self-repaying loans
• Bake: Best for instant loan approvals
• Binance: Best for non-US customers
• Compound: Best for no minimum loan requirements
• Crypto.com: Best for CRO stakers
• Unchained: Best for high net worth individuals
• Wirex: Best for no deadline repayments
• YouHodler: Best for high LTVs

The level of corruptions in the world today has caused some many distrusts amongst others especially when it gets to do with finances where people could do an undo just to get their wallets/accounts filled up.
There has been manners of distrusts in the sphere of finances specifically the Fiat currencies which stands as an attraction to dispute many asides.
So, due to all these about the Fiats (Traditional currencies) with its power of influence lingering to distrust and all that, how can you convince someone who is of a total Zero knowledge to Bitcoin that the Bitcoin is an existing and legitimate currency when they can't feel it out touch it with their hands other that having it imaginarily in mind that it is a digital and technological currency known as the Cryptocurrency?
Because i feel how hard it could be to spread this Bitcoin existence to a large scales knowing that people are not don't with the distrust of the traditional currencies which they can touch and feels protected and the so Bitcoin that can be touched not feel.
Or should I put it this way like this scientist would say that ... What you can't see, touch or feels doesn't exist just like the ghosts, souls and the physical body being of humans and all that livings.
Equivalent to the traditional currencies and the Bitcoin and other crytop coins.

Why should I transact with bitcoin? 
Is there any advantage bitcoin has over normal currencies? 
Someone pls, explain to me with clarity

Quote from: Zed0X on April 27, 2024, 03:09:20 AM

Baka meron na sa inyo maglipat ng pondo o kaya mag-consolidate dahil nasa $3 (34 sats/vb) ang highest priority ngayon. Mataas pa din siguro para sa karamihan sa atin ito pero baka kasi biglang palo nanaman nito sa 100 sats/vb pagkatapos ng ilang oras.

$2.72 siya sa ngayon at bumaba na kahit papano, kaso nga lang yun ang ayaw natin. Dahil ang fees ay volatile din kaya update lang ulit tayo dito kabayan. Kung hindi niyo pa nachecheck, ito ngayon ang fees.

Code: [Select]

No Priority      Low Priority         Medium Priority     High Priority
16 sat/vB          31 sat/vB            31 sat/vB          31 sat/vB
$1.40               $2.72                  $2.72               $2.72


Recommendations are always welcome as well as the issue you may encounter