High Interest Rates on Cryptocurrency Loans are not Sustainable

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coinloan logoOne peculiar trend in the cryptocurrency industry is how crypto loans can become very lucrative. A lot of platforms and services now offer interest rates of up to 10% for specific currencies and assets. Although this gets many people excited, one has to openly question how sustainable this business model really is.  Establishing Interest Rates The cryptocurrency lending business model is not that different from a bank loan. People are looking for funds and need to put up some form of collateral before they receive the money. Based on the amount of funds being lent, as well as the duration

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