Digital Assets Lending and
Borrowing Platforms
Lending platforms let you post your digital assets as collateral so you can obtain loans of cash or stablecoins, allowing you to enjoy liquidity without having to sell your digital assets. These platforms typically aren’t banks, though their lending and borrowing services seem similar. As non-banks, there are generally subject to less regulatory oversight, which makes them less safe to use than banks.
Nexo is a cryptocurrency interest account and lending platform, providing instant crypto-backed loans. NEXO Tokens offer additional utility features such as discounted interest rates on the Nexo instant crypto-backed loans and are also accepted as collateral on the Nexo Platform.
SALT Lending Lending provides crypto-backed loans, enabling consumers, businesses, banks, and governments to collateralize their digital assets for a U.S. Dollar or stablecoin loan.