A Beginner's Guide to The Crypto Lending Space - Opportunities, Risks, and Potentialby@stenivan
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A Beginner's Guide to The Crypto Lending Space - Opportunities, Risks, and Potential

November 8th 2020
6 min
by @stenivan 1,608 reads
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A Beginner's Guide to The Crypto Lending Space - Opportunities, Risks, and Potential. Crypto lending is a type of crowdfunding where lenders (individual investors) are connected with borrowers through an intermediary, in this case, the crypto lending platform, acting as a trusted third party. There are many different kinds of crypto lending platforms; some are entirely autonomous and decentralized. Centralized vs. decentralized platforms are the other option. The downfall of Centralized Finance platforms could come across as contradictory with the blockchain principles that are trustless and governance that are utterly free from third party governance.

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