What is a crypto lending platform?

Cryptocurrency lending platforms are like intermediaries that connect lenders to borrowers. Lenders deposit their crypto into high-interest lending accounts, and borrowers secure loans through the lending platform. These platforms then fund loans using the crypto that lenders have deposited.

How do I participate in the crypto lending program?

To participate in the lending program, you must sign up for BlockFi Interest Account (BIA). Interest is paid out to account holders at the beginning of every month. If you are new to crypto lending, it is advisable to learn what crypto lending is and how it works before participating.

What is crypto lending & eToro?

Crypto lending has become one of the most successful and widely used DeFi services, and many crypto exchanges and other crypto platforms offer borrowing and lending services. Investors deposit cryptocurrency, which the platform lends out to borrowers in exchange for interest payments. Join eToro and get $10 of free Crypto! (US Only)

What is centralized crypto lending?

Centralized crypto lending involves trusting a company or other entity to oversee and facilitate the lending and borrowing process. Borrowers and lenders register accounts, and borrowers can apply for loans.