What are the advantages for the crypto loans

[Stardom22]

For me l can say that the main advantage for the crypto loans is when the prices for the cypto coin that you took the loan from reduces drastically. In that sense you would end up paying less than what you borrowed.

 

[Suba]

That's right, crypto loans are often done by traders when they are going to sort crypto, where they have predicted that the price of a certain crypto will fall, then they borrow crypto and sell it, when the price of the crypto has fallen they buy the crypto and pay off the debt with interest and the rest is profit.

 

[SilverLance]

Crypto loans offer greater privacy and security compared to traditional loans.

 

[Nomad]

When the market is low and you need money, you do not have to sell your assets, you can borrow and then pacy back

 

[Suba]

Crypto loans must be repaid with the same crypto plus interest, so if I need money and borrow 1 BTC at $80k and I immediately sell it on the exchange, when it matures the price of Btc goes up to $100k, so I have to pay $100k plus interest. so I will lose a lot.