KamalyNov 29, 2021 · 3 years ago3 answers What are the interest rates for crypto loans compared to traditional loans?
Can you provide a detailed comparison of the interest rates for crypto loans and traditional loans? I'm interested in understanding how the rates differ and what factors contribute to these differences. Specifically, I would like to know if crypto loans generally have higher or lower interest rates compared to traditional loans, and if there are any significant variations among different cryptocurrencies. Additionally, I'm curious about the impact of market conditions and the reputation of the lending platform on the interest rates. Could you shed some light on these aspects?