Did you know that getting loans with cryptocurrency can often be less complicated than getting traditional bank loans?

On today’s CoinMarketCap Tutorial we will discover:
The Benefits of Taking on a Crypto Loan, how they got started. And of course we will get practical, talking about how to get them on Centralized exchanges and DeFi. So make sure to stick around to the end!

Crypto enthusiasts are often encouraged to “HODL” their assets — keeping them safe in a wallet until the price of their chosen currency appreciates.

But just like how you feel uneasy leaving your cash sitting in a bank account with low interest rates, a common question arises: how can you get your digital currency to grow?

This is where crypto lending comes in.

🔵 CoinMarketCap Timestamps:

0:00 - What is Crypto Lending?
1:39 - When did Crypto Lending Start?
2:29 - Crypto Lending Major Benefits
3:11 - Crypto Loans on Centralized Exchanges
5:10 - What Is Decentralized Finance (DeFi) Lending?

🔔 P.S. Subscribe to not miss next Tuesday's Tutorial!

🔵 Coin Market Cap is the world's most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make crypto accessible all around the world through data and content.

Founded by Brandon Chez in May 2013, CoinMarketCap has quickly grown to become the most trusted source by users, institutions, and media for comparing thousands of crypto assets and is commonly cited by CNBC, Bloomberg, and other major news outlets.

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