Most cryptocurrency users are not in this industry for the technology, but rather to make money. Achieving that last part may prove somewhat challenging, especially if one doesn’t like to trade cryptocurrencies back and forth. Cryptocurrency lending platforms have always been rather interesting to keep an eye on in this regard. The following platforms all provide this service, albeit it is advised users conduct their own research first and foremost.
dYdX Exchange (A Multi-tool Platform)
Whereas most people may not necessarily be familiar with the name dYdX Exchange as of yet, the platform seems to offer all of the tools to make a meaningful impact. Its focus lies on four key pillars of cryptocurrency activity. Users can trade, borrow, lend, and manage their positions, portfolios, and assets. Especially the cryptocurrrency lending option could be of great interest to so many people, primarily because earning interest over time is considered a viable way of earning a passive income of sorts. dYdX users can earn variable…