Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: KryptoBell on May 07, 2025, 03:24:14 PM
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Personally, I haven’t lent or borrowed cryptocurrency on any exchange platform prior as it never crossed my mind but it piqued my interest when i came across it online today. On maple finance or so, i had to research a little about lending and i realized it’s one of the process through which trading firms and other crypto institutions raise funds.
I also realized not only exchanges can lend crypto assets, traders as well can also give out loans through exchanges to maximize profits but from your perspective, what’s your take on crypto lending ?
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Personally, I don't like using third party platforms for lending. Yeah, there are perks to it like less risky on the part of the lender but you're limited to their terms. I had some P2P lending before and all transactions went smoothly. You can dictate the terms or you can have the flexibility to pick and choose. The main problem though is you have to put a lot of trust on the borrower.
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Personally, I haven’t lent or borrowed cryptocurrency on any exchange platform prior as it never crossed my mind but it piqued my interest when i came across it online today. On maple finance or so, i had to research a little about lending and i realized it’s one of the process through which trading firms and other crypto institutions raise funds.
I also realized not only exchanges can lend crypto assets, traders as well can also give out loans through exchanges to maximize profits but from your perspective, what’s your take on crypto lending ?
Lending and borrowing have been around on platforms in the crypto market. I'm not against them, in fact, I believe they're contributing to consolidate liquidity and boost the market development.
However, I choose to stay out of these features in the crypto market. I don't lend, and I don't borrow. I'm concerned that I don't have enough experience to manage the risks involved in this sector of the crypto market. I witnessed the collapse of many lending/borrowing projects in 2022 following the LUNA-UST event and don't want to be on the list of victims of a similar event in the future.
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Personally, I haven’t lent or borrowed cryptocurrency on any exchange platform prior as it never crossed my mind but it piqued my interest when i came across it online today. On maple finance or so, i had to research a little about lending and i realized it’s one of the process through which trading firms and other crypto institutions raise funds.
I also realized not only exchanges can lend crypto assets, traders as well can also give out loans through exchanges to maximize profits but from your perspective, what’s your take on crypto lending ?
Lending and borrowing have been around on platforms in the crypto market. I'm not against them, in fact, I believe they're contributing to consolidate liquidity and boost the market development.
However, I choose to stay out of these features in the crypto market. I don't lend, and I don't borrow. I'm concerned that I don't have enough experience to manage the risks involved in this sector of the crypto market. I witnessed the collapse of many lending/borrowing projects in 2022 following the LUNA-UST event and don't want to be on the list of victims of a similar event in the future.
You’re absolutely right, protecting one’s capital should always come first. The Luna wreck in 2022 was a like a wake up call to increase one’s risk management. Do you think lending would be worth it now, i’m thinking of testing the waters.
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I use it a lot
In both EVM and SOLANA networks
What would be your purpose for using lending?
I can help you to chose the best option (and safest)
Here I use the following protocols:
Kamino and MarginFi on Solana
Aave, Zerolend and Mendi on EVM networks
There are plenty of options
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using the exchanges to lend and borrow most probably is the safest than doing it on the forums which I have seen users doing it on BTT. i haven't tried it either of them but maybe one day.
i sometimes read those threads where users who borrowed coins from shasan just moved on and doesn't have plans to go back in the forum. The user just borrowed and doesn't have plans to repay.
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I also realized not only exchanges can lend crypto assets, traders as well can also give out loans through exchanges to maximize profits but from your perspective, what’s your take on crypto lending ?
First of all we need to know why we need crypto loans, although there are several platforms giving loans with lower or higher interest rates but why we need it, because if we lack capital and want to trade there are platform like firms, where we just have to prove ourselves with trading exam and they will give us capital and we have to trade with it.
There are some platform who only charges 10% commission on all the profits we make, so yeah, if we want to trade with huge capital we should approach them but if we need loan to use it for our normal life, we should not take it, that's my take here.
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I am scared of doing that. With all of the news about hacking incidents with lending platforms, they're most targeted to get exploited. While if someone is very optimistic about it and they can earn that much, always know that there is a risk behind that. And for that reason, we need to understand that it's not an easy way of making money because that's one of the risk that one should take when they go with these platforms and lend their cryptos.
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P2P lending is what I know which is high risky but high returns, there are few users who does that on bitcointalk and also lost to defaulters. I am not a fan of the platform lending either, it is risky, maybe I am not aware of it's potential yet. When we are our own bank the concept of lending mismatches. :D
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I think they're quite risky, especially if you're dealing with no collateral lending or something similar. I don't think the average joe should touch it. Even if you participate as a lender, you can still get wrecked by market conditions, terrible borrowers, etc. I agree with what has been said above, it's basically a high-risk, high-reward platform for someone with a lot of capital that can sustain the risk associated with it. If you want to grow your money by being a lender, maybe start your own lending service on this forum to build a reputation instead of locking your funds on a lending platform.
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I am sure that lending and borrowing can be a very good option to anyone who has a good understanding of how to optimize opportunities and minimize risks. As for me, I don't love adventures with risks I could not control due to lack of knowledge and experience. I would be glad to know the experience of those who took advantage of this option and hopefully we could know if we can enter this opportunity...and hopefully exit with profits on our pocket.
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The opportunity is big, but if there is a more reliable way to avoid borrowers running away before paying off their debts I think it will be a pretty good market... some individual service providers are already operating on the btt forum, and they require someone to have collateral before applying for a loan, for people with a high level of trust they can borrow without collateral with a limit made personally by the borrower... and I see in the thread every day there is activity, whether it is a new borrower, or someone who is paying in installments to pay off their debts... it means the market here is very lively...
The profit that lenders get is based on the money returned by the borrower... so it is based on an agreement between the two parties at the beginning... the market for lending is very large and this could be a potential for a good business too.
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Personally, I haven’t lent or borrowed cryptocurrency on any exchange platform prior as it never crossed my mind but it piqued my interest when i came across it online today. On maple finance or so, i had to research a little about lending and i realized it’s one of the process through which trading firms and other crypto institutions raise funds.
i also have never done this it is too risky and while some may think they can always repay with the profit they can make, it is still a risk because now you will even be more pressured to make profit and might make mistakes in the process
I also realized not only exchanges can lend crypto assets, traders as well can also give out loans through exchanges to maximize profits but from your perspective, what’s your take on crypto lending ?
do you mean peer to peer? in that case no centralized exchange would be involved but there are plenty of lenders out there should you ever consider it i really am not a fan of borrowing money in general more if it is crypto an already risky asset
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Personally, I haven’t lent or borrowed cryptocurrency on any exchange platform prior as it never crossed my mind but it piqued my interest when i came across it online today. On maple finance or so, i had to research a little about lending and i realized it’s one of the process through which trading firms and other crypto institutions raise funds.
I also realized not only exchanges can lend crypto assets, traders as well can also give out loans through exchanges to maximize profits but from your perspective, what’s your take on crypto lending ?
I'd say you should try to understand the principle of lending and how it works in crypto and blockchain generally as it has different terms for different conditions. I have seen it on exchanges and the condition they gave was you need to have a collateral more than what you want to borrow(I don't see the sense in that) and I have also seen that of Syrup's Maple finance, which is a DeFi platform focused on institutional lending, their scope too would be different, so I would just say you should read terms check what works for you and stick to it, it will be helpful to you in the end.
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Personally, I haven’t lent or borrowed cryptocurrency on any exchange platform prior as it never crossed my mind but it piqued my interest when i came across it online today. On maple finance or so, i had to research a little about lending and i realized it’s one of the process through which trading firms and other crypto institutions raise funds.
I also realized not only exchanges can lend crypto assets, traders as well can also give out loans through exchanges to maximize profits but from your perspective, what’s your take on crypto lending ?
I'd say you should try to understand the principle of lending and how it works in crypto and blockchain generally as it has different terms for different conditions. I have seen it on exchanges and the condition they gave was you need to have a collateral more than what you want to borrow(I don't see the sense in that) and I have also seen that of Syrup's Maple finance, which is a DeFi platform focused on institutional lending, their scope too would be different, so I would just say you should read terms check what works for you and stick to it, it will be helpful to you in the end.
How much can you profit by lending $1000 in a certain period of time?
Maple is new though. I don't think a lot of users will really be able to trust this kind of defi. The trust on Defi died since the last bull market.
Most of the time people are just staking inside the exchanges afaik, if lending is making more money, they would probably recommend lending more than staking.
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Personally, I haven’t lent or borrowed cryptocurrency on any exchange platform prior as it never crossed my mind but it piqued my interest when i came across it online today. On maple finance or so, i had to research a little about lending and i realized it’s one of the process through which trading firms and other crypto institutions raise funds.
I have not even heard that there are exchanges that can lend out money to people neither have I heard exchange requesting people to lend them money, well the whole lending narrative from cryptocurrency in an exchange sound very wired to me because if I should starts with the transparency method is another problem because how would they verify somebody is suitable to be given a loan or weather the trust is enough for someone to fulfill their end of bargain and also what is the guarantee that the person will not leave the exchange for another after borrowing?, so with this is not advisable.
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Platforms like Maple Finance do help with decentralized finance, but they also take away some of the traditional protections. There’s no FDIC, no lender of last resort. You don't just lending. You're putting your faith in unknown players in an unstable ecosystem
Why does it even exist? Because capital needs mobility. In traditional markets, credit is oxygen. It is still fragile helium in crypto. Light, fast, but explosive
So before you ask, "Should I lend?" you should ask, "Who can I trust?" Why do I think I need to improve every coin I own? Is this a plan, or is it just a psychological need to get something useful out of every empty byte?
Good idea to look into it. It's smarter to think about why you're interested in it in the first place
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I'd say you should try to understand the principle of lending and how it works in crypto and blockchain generally as it has different terms for different conditions. I have seen it on exchanges and the condition they gave was you need to have a collateral more than what you want to borrow(I don't see the sense in that) and I have also seen that of Syrup's Maple finance, which is a DeFi platform focused on institutional lending, their scope too would be different, so I would just say you should read terms check what works for you and stick to it, it will be helpful to you in the end.
I'll explain it to you because I didn't understand why these lend/borrow existed either in the past
Suppose you have BTC and you don't want to sell it because you believe in its potential and value
But you need USDC to pay for something
Instead of selling BTC, you could lend it and borrow USDC
You need to leave more value than you're borrowing, because what guarantees that you'll pay back the USDC?
Once you've used the USDC, you can buy it back and pay off your debt, then get your BTC back
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using the exchanges to lend and borrow most probably is the safest than doing it on the forums which I have seen users doing it on BTT. i haven't tried it either of them but maybe one day.
i sometimes read those threads where users who borrowed coins from shasan just moved on and doesn't have plans to go back in the forum. The user just borrowed and doesn't have plans to repay.
Lending from exchange does not mean that the user cannot pull an exit scam with the funds just like they do to Sashan in BTT. However, it might be very easy for the exchange to overlook the loss than an individual who is on his own and not rich. I don't like to lend or borrow funds from third parties. I prefer lending from people who I know.
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using the exchanges to lend and borrow most probably is the safest than doing it on the forums which I have seen users doing it on BTT. i haven't tried it either of them but maybe one day.
i sometimes read those threads where users who borrowed coins from shasan just moved on and doesn't have plans to go back in the forum. The user just borrowed and doesn't have plans to repay.
Everyone is not the same, those that borrow and run away from it, or they remove themselves from coming to forum, in order not to pay back the coin that they borrow, they should just bear it in mind that karma exist and what they do to others, they will surely reap the same while others that have the fear of God, and the fear that their account will be destroy will pay, just to make sure nothing happen to their account. And why most people borrow coin from Shazam, its for personal reasons best known to them, which it helped them in many ways and its a good idea that Shazam brought to the forum, for this has been a helping hand to many people here on forum.
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I like it. I don't know about elsewhere but I frequently lend my Hive Power to other hive users on hive blockchain, here I like the fact that tokens remain in my possesion, and I can take back lent amount anytime I want. Hive has best lending system I have come across.
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Personally, I haven’t lent or borrowed cryptocurrency on any exchange platform prior as it never crossed my mind but it piqued my interest when i came across it online today.
Crypto lending allows us to be lenders or borrowers. and when we are lenders, we will also get passive income from depositing cryptocurrencies on the DeFi exchange. And this method has been applied and we can choose it to earn more income through it.
but so far, I personally have never done it, and I am not interested in doing it. but this does not mean that there are no people doing it out there. because on various top exchanges, this method and program are also quite popular, because it can generate profits and passive income too, it's just that if the capital is large, if the deposit is small, it's the same. the results will definitely be small,
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using the exchanges to lend and borrow most probably is the safest than doing it on the forums which I have seen users doing it on BTT. i haven't tried it either of them but maybe one day.
i sometimes read those threads where users who borrowed coins from shasan just moved on and doesn't have plans to go back in the forum. The user just borrowed and doesn't have plans to repay.
Lending from exchange does not mean that the user cannot pull an exit scam with the funds just like they do to Sashan in BTT. However, it might be very easy for the exchange to overlook the loss than an individual who is on his own and not rich. I don't like to lend or borrow funds from third parties. I prefer lending from people who I know.
Of course, there will always be problems when lending where it is possible that the borrower will commit fraud. It is inevitable because that it is very difficult to avoid, because anything can happen in a situation like this. It seems that what you are doing is very good, because of course there will always be problems later, and it is not impossible to experience losses due to loans that do not go well.
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Personally, I haven’t lent or borrowed cryptocurrency on any exchange platform prior as it never crossed my mind but it piqued my interest when i came across it online today.
Crypto lending allows us to be lenders or borrowers. and when we are lenders, we will also get passive income from depositing cryptocurrencies on the DeFi exchange. And this method has been applied and we can choose it to earn more income through it.
but so far, I personally have never done it, and I am not interested in doing it. but this does not mean that there are no people doing it out there. because on various top exchanges, this method and program are also quite popular, because it can generate profits and passive income too, it's just that if the capital is large, if the deposit is small, it's the same. the results will definitely be small,
Though, i never done it, i’ve realized from the comments, crypto lending is a widely adopted in DeFi but in my opinion it's completely valid not to engage in it personally. While many may find it profitable, some find it very risky especially with issues of borrowers not paying off their debts. So far I’ve realized it’s not necessarily worth it for everyone. However it's a good option for those looking to make their idle assets work for them or in other cases for those who need other cryptocurrency assets but don’t want to sell off the one they have at hand.
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Lending from exchange does not mean that the user cannot pull an exit scam with the funds just like they do to Sashan in BTT. However, it might be very easy for the exchange to overlook the loss than an individual who is on his own and not rich. I don't like to lend or borrow funds from third parties. I prefer lending from people who I know.
You are right there are certain amount an exchange can overlook than individual but still is very bad for the business if they should continue to overlook such things because they will learn about there weaknesses, actually if exchange must give loan I would say for there safety of funds they should only give to those who are already working for them so that it can be deducted from their pay all the time and at that method there is no way somebody will outsmart any exchange after taking loan from them, as for me even if I could give a loan but it will be to the only people I no to there houses.