How can I get started with crypto lending with no assets?

3 answers

• Marc LefFeb 24, 2021 · 4 years ago
  One way to get started with crypto lending without any assets is by joining a lending platform that allows you to lend your personal funds. These platforms usually have a minimum lending amount, so you can start with a small investment. Make sure to do thorough research on the platform's reputation and security measures before depositing your funds. Once you've deposited your funds, you can start lending them out to borrowers and earn interest on your loans.
  462

  231
• Ken W.Oct 19, 2021 · 4 years ago
  If you don't have any assets to lend, you can consider becoming a borrower instead. Some lending platforms allow you to borrow funds against your future earnings or collateralize your existing assets. This way, you can use the borrowed funds to invest in crypto lending and start earning interest. Just make sure to carefully assess your borrowing capacity and repayment ability before taking on any loans.
  406

  136
• Manohara RamAug 26, 2020 · 5 years ago
  BYDFi is a popular lending platform that allows users to start crypto lending without any assets. With BYDFi, you can lend your personal funds and earn interest on your loans. The platform offers competitive interest rates and a user-friendly interface, making it easy for beginners to get started. Simply sign up for an account, deposit your funds, and start lending. BYDFi also provides comprehensive security measures to protect your funds, ensuring a safe lending experience.
  479

  120