How does leasing exchange work in the world of digital currencies?

1 answers

• Stroud SmallOct 02, 2024 · a year ago
  Leasing exchange in the world of digital currencies is a feature that allows users to lend their cryptocurrency holdings to others on the exchange. This can be beneficial for users who want to earn passive income from their crypto assets. By leasing out their holdings, users can earn rewards or fees from the borrowers. The process involves depositing your cryptocurrency into a leasing account and setting the terms, such as the duration and interest rate. Other users can then borrow your cryptocurrency for the agreed-upon period, and at the end of the lease, the borrowed cryptocurrency is returned to you along with any additional interest or fees.
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