Great COINFI podcast — Crypto-Backed Loans: How You Can Make Money with Nontraditional Lending
If you have not checked out COINFI podcast (https://blog.coinfi.com/topics/podcast/), I highly recommend it to anyone who is involved in cryptocurrency or blockchain. You can also subscribe for free on Stitcher, iTunes, and SoundCloud. You can listen to their conversations from basic cryptocurrency knowledge to trading strategy to specific alt-coins. Each podcast lasts about 25 minutes. The contents are really quality because you’re listening to the conversations by finance experts from Wall Street, hedge funds, engineering and more !
Their latest podcast, Crypto-Backed Loans: How You Can Make Money with Nontraditional Lending. You can listen it here (https://blog.coinfi.com/crypto-backed-loans/) or any platforms mentioned above.
Annual interest rates of crypto lending

Near-guaranteed profit by lending cryptocurrency? The idea sounds great, but is there a catch? Find out in this episode of the CoinFi Podcast where the team explores nontraditional lending: how it works, its risks, and how it can be used to make profit.
COINFI introduces the basic knowledge of crypto lending, the high interest rates of lending out your cryptocurrencies and also the risks associated with lending and centralized exchanges.
Crypto-back loan is like receiving dividends when you purchase a share or interests when you own a bonds/fixed income instruments. The interest rates are higher than most stock dividends and fixed income instruments’ interests. It seems too good to be true ?
If you are comfortable putting a reasonable amount of cryptocurrencies that you plan to hold for long term on the exchanges (subject to risks like exchange wallet hacks, risks associated with lending, pre-payment risks), the interests received from lending out your crypto is not a bad idea. Instead of keeping them in your wallet and do nothing, it gives you income on a regular basis. COINFI also talked about alternative lending platform like COINLEND to automate your crypto-lending. There are some projects like NEXO and ETHLEND is targeting this multi-billions/trillions crypto-backed loan market.
If you are new to crypto-backed loans, the podcast is a great introduction.
There are more features that will be released by COINFI. Lear more at https://www.coinfi.com/