Bitcoin Lending lists the best Bitcoin lending sites where you can earn interest. These platforms offers different ways to earn passive income such as margin lending and peer-to-peer lending.
In this BlockFi review we will go through BlockkFi´s products and review them. BlockFi offers interest accounts, crypto loans and crypto trading. July 2020 offer:
In this Celsius Network review we will go through the features and compare with some competitors. We will go through what CEL token is, why
There are several ways to earn adequate money from bitcoin passive income channels. In this article, we go over platforms where you can earn even
What is Bitcoin peer-to-peer lending? Bitcoin peer-to-peer lending is essentially decentralized lending with cryptocurrencies. There are three types of cryptocurrency lending: Peer-to-peer lending (a Borrower
BitBond Bitbond review peer-to-business lending This Bitbond review explains what services the bitcoin lending platform, Bitbond, offers, what peer-to-business loans are, what return you can
Bitcoin margin funding is a form of peer to peer Bitcoin lending. You lend your Bitcoin to margin traders. Margin traders use the funds to trade with leverage. To get the leverage they need to lend money which is done in a peer to peer manner. The funds are secured by automatic liquidation at certain levels. We have never experienced any loss and never heard of it either.
Peer-to-peer lending by Bitcoin means that many people lend small amounts to a borrower. However, we have experienced that it´s very hard to make proper controls of the borrower. The lending is often over borders and in many different countries which make it hard to control ID´s and paybacks. Also, many loans are in USD which and not in BTC. This is good if BTC decreases in value but not if BTC increases in value.
Peer-to-peer lending is a very good choice for a passive income. All lending companies listed have an auto function that can make the investments for you. You can choose predetermined criteria and then it´s a self-going bot. Peer-to-peer lending is possible with Bitcoin, Litecoin, and USD. We wrote an article about this topic, Bitcoin peer-to-peer lending.
The bitcoin exchanges which have margin trading offers Bitcoin lending. Traders use leverage and consequential they need borrowing money. Leverage is when you hold a position worth $100 but only use $20 of your money. This is 5x leverage. As a result, the trader needs to borrow $80 from somewhere. You can supply liquidity with your money and earn interest. This is also called peer-to-peer lending. See our bitcoin exchange reviews. The exchanges with this service are Bitfinex and Poloniex.
Bitbond is a pure bitcoin lending company. This is their main feature. The company has a platform that connects lenders and borrowers. The loan purposes are very diverse but all loans are defined. All borrowers and lenders also have a profile.
Bitcoin lending as investment involves certain risks. To clarify, any type of investment involves certain risks, so this is normal. For the most part, the risk is usually comparable with the return. If there is a big upside there is also a deep downside. Bitcoin lending we would say is a medium risk investment. The biggest risk you take is to loose your money. You can never lose more than invested. This will happen if your borrower can´t pay back the loan. In the long run, the best solution for this problem is to spread the lending to many borrowers. This is perfect for bitcoin since you can make micro transactions almost for free. To sum up, always remember to diversify your investments.
Lending Bitcoin and other cryptocurrencies is a perfect choice for earning extra passive income. The only thing you need to do is to deposit any amount to an account and start automated lending. Read more about passive income in our blog post, Bitcoin passive income.
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