We may earn money or products from the companies mentioned in this post. This is not financial advice. We feature coins we like, but do your own research before you invest
We all know the most successful businesses are the ones that solve a problem. If you have traded crypto for more than a day, you know that you will do without just about anything to enable you to hold (hodl in crypto slang) your coins as the price increases. Unfortunately, life gets in the way and sometimes you need a little fiat to pay the bills.
Ethlend and Salt have different approaches to the same problem, but they both enable you to borrow fiat (dollars) and use your coins as collateral. This approach allows you to increase your cash flow without losing the opportunity to benefit from the massive gains that can be possible in the growing cryptocurrency market. As they say in Crypto…..Hodl, Hodl!