Lesson 95 of 1,000 · Crypto Transactions On Centralized Exchanges
#95 How To Lend / Borrow Crypto Via A CEX
Earn interest lending, or borrow against your holdings. How CEX lending works and the liquidation risk to respect.
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Key ideas
- Earn interest lending, or borrow against your holdings.
- How CEX lending works and the liquidation risk to respect.
Do it now
- UnlockTrade on an order book anyone can auditHyperliquid runs a fully onchain order book, so every order, fill and liquidation is publicly visible.
- SolutionNo credit history? How crypto lending worksDeFi lending never asks for a credit score: on Aave you borrow against collateral you already hold, so you keep your savings and still get cash. With nothing to pledge yet, start an onchain record of references and repayments people can check. Borrow far below the limit. Skip these: borrowing what you cannot repay.
- UnlockBorrow against crypto you already hold, no credit checkAave lends against collateral you deposit, so no credit score is asked for. You must deposit more than you borrow, and the collateral is sold automatically if its value falls too far.
- UnlockForecast an event on a BNB Chain marketPredict Fun runs a prediction market on BNB Chain where prices come from traders and idle collateral can earn lending yield while your position is open.