#borrowcrypto

They’re uncollateralized loans that must be repaid in the same transaction which means zero room for error, advanced coding skills, and competition with bots.

That’s why most users never touch them.

There’s a better way to think about capital access in crypto. Follow for more.

They’re uncollateralized loans that must be repaid in the same transaction which means zero room for error, advanced coding skills, and competition with bots.

That’s why most users never touch them.

There’s a better way to think about capital access in crypto. Follow for more.

Website: https://cryptalend.com 

They’re uncollateralized loans that must be repaid in the same transaction which means zero room for error, advanced coding skills, and competition with bots.

That’s why most users never touch them.

There’s a better way to think about capital access in crypto. Follow for more.

They’re uncollateralized loans that must be repaid in the same transaction which means zero room for error, advanced coding skills, and competition with bots.

That’s why most users never touch them.

Flash loans are loans you borrow and repay in the same transaction.

If anything goes wrong, the loan never existed.

That’s why they don’t require collateral — but also why they’re hard to use.

They’re powerful tools, just not designed for most people.

https://cryptalend.com 

Flash loans are loans you borrow and repay in the same transaction.

If anything goes wrong, the loan never existed.

That’s why they don’t require collateral — but also why they’re hard to use.

They’re powerful tools, just not designed for most people.

 https://cryptalend.com 

Obtaining a crypto loan might be a rapid process, depending on the lending platform. You will only be required to submit collateral on decentralised lending platforms, after which the loan money will be issued promptly. There would be no need for KYC verification. On-boarding for centralised lending systems often requires you to authenticate your identification, which might take several days on busy platforms. After you've passed the KYC checks, you'll be able to give your collateral and collect your loan. The advantage of centralised lending systems is that they are often easier to use than decentralised providers.