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Welcome to another video. Today we will be talking about the problems with crypto lending sites. So if you are thinking to earn interest on your bitcoin or simply lend money and deposit crypto as collateral this video is for you. My name is Jakub from P2P Empire and here on this channel we review individual P2P lending sites and educate you about all of the aspects of P2P lending. If your goal is to become a more educated investor consider subscribing and hit the like button to see more videos like this in the future. Due to the current crypto hype there are many new emerging platforms that try to profit from the industry. Before we dive deeper into this topic, I want you to first understand the process of crypto lending. There are different investment products within the crypto lending industry, however, to keep it simple we can define crypto lending as an alternative investment from, where investors lend fiat money or cryptocurrencies to other borrowers in ex