2024-12-26T09:06:06+0000

A crypto loan is a cryptocurrency-backed loan that uses your crypto assets as collateral. Crypto loans can only be obtained from crypto exchanges or crypto lending platforms. By doing so, you get to borrow USD (or your national fiat currency) to pay for immediate expenses instead of selling your cryptocurrencies at a potentially low price. Today's video is a guide on all things crypto loans! Links Mentioned Collateral Ratio Graph- https://loanscan.io/ Timestamps 00:00 Intro 00:31 4 reasons to take up crypto loans 01:41 The beauty of crypto loans 02:25 Is borrowing crypto a risk worth taking? 02:35 CeFi loans 03:07 DeFi loans 03:53 Lending pools 04:36 The risks involved 06:10 Closing thoughts Download CoinGecko App!📱 iOS: https://gcko.io/coingecko-ios Android: https://gcko.io/coingecko-android Follow us! Website: https://www.coingecko.com Twitter: https://twitter.com/coingecko Instagram: https://www.instagram.com/coingecko TikTok: https://www.tiktok.com/@coingeckotv Telegram: https://t.me/coingecko Subscribe to CoinGecko's Newsletter! 📩 https://landing.coingecko.com/newsletter/ #crypto #loan #lending