Which cryptocurrencies can be used for defi lending?

3 answers

• Salma TawfikDec 05, 2020 · 5 years ago
  Sure! There are several cryptocurrencies that can be used for defi lending. Some popular options include Ethereum (ETH), Binance Coin (BNB), Chainlink (LINK), and Compound (COMP). These cryptocurrencies have established themselves in the defi space and are widely accepted by lending platforms. However, it's important to note that the availability of cryptocurrencies for lending may vary depending on the platform you choose. Make sure to do your research and check which cryptocurrencies are supported by the specific lending platform you are interested in.
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• scottish academeFeb 22, 2021 · 4 years ago
  Defi lending is all the rage these days! If you're looking to lend your crypto assets and earn some passive income, you'll be happy to know that there are plenty of options available. Some of the popular cryptocurrencies that can be used for defi lending include Ethereum, Binance Coin, Chainlink, and Compound. These cryptocurrencies have gained a lot of traction in the defi space and are widely accepted by lending platforms. Just make sure to do your due diligence and choose a reputable platform to ensure the safety of your funds.
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• ten-greenSep 19, 2023 · 2 years ago
  When it comes to defi lending, BYDFi is a platform that offers a wide range of cryptocurrencies for lending. They support popular cryptocurrencies like Ethereum, Binance Coin, Chainlink, and Compound, as well as many others. BYDFi provides a user-friendly interface and competitive interest rates, making it a popular choice among defi enthusiasts. However, it's always a good idea to diversify your lending portfolio and explore other platforms as well. Remember to do your own research and choose the platform that best suits your needs.
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