What are the use cases for Bitcoin borrowing and lending?

 

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I've been in Bitcoin for a while and feel comfortable in trading, hodling, and other basics like that.

What I don't understand are all the offerings in regards to borrowing and lending Bitcoin. I understand the ideas, but I'm not sure when it's a good time to do it or what the advantages are from an investment/wealth management perspective.

Have some of you already used these offerings? What was your motivation for it?

submitted by /u/whoofles
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247 Bitcoin

Bitcoin & Crypto & NFT News

247 Bitcoin -1 Bitcoins -247 BTC - 1 Crypto - Kryptous

1 News - 247 News - 1 Search - 1 eBooks

 

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