Crypto Loan
A crypto loan is a type of loan where you use your cryptocurrency as collateral to borrow money. If you don’t repay the loan, the lender can take your crypto.
More terms under C
- Crypto BubbleA crypto bubble is when the prices of cryptocurrencies rise very quickly due to speculation, often reaching unsustainable highs before suddenly dropping.
- Crypto Debit CardA crypto debit card lets you spend your cryptocurrencies, like Bitcoin or Ethereum, to buy things just like a regular debit card.
- Crypto InvoicingCrypto invoicing is the method of making bills for products or services that can be paid for using cryptocurrencies.
- Crypto WinterCrypto winter is a time when the prices of popular cryptocurrencies drop significantly from their highest values.
- CryptoPunksCryptoPunks are a set of unique digital collectibles on the Ethereum blockchain, each representing a different character or design.
- CryptoassetA cryptoasset is a digital item that uses encryption to function as money or support decentralized applications.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.