Can you get a loan with Crypto?

Could you elaborate on the feasibility of obtaining a loan using cryptocurrency? I've heard whispers about this concept but am unsure of the specifics. Are there any established platforms or institutions that offer such loans? What are the requirements and terms typically associated with these loans? Additionally, how secure and reliable are these transactions? I'm particularly interested in understanding the risks and potential benefits of leveraging my crypto holdings to access liquidity. Could you provide some clarity on this emerging trend in the financial world?