Do you prefer taking crypto currency loans?

[monitizer]

I have seen that most centralised exchanges do give out loans to the investors. The good thing with the crypto loans is that there is no documentation and paperwork required for one to get the loans. What do you think?

 

[Monster Masterpiece]

This is not true because all loan platform or majority of them requires identity verification before process to get loans and pay with interest but loan someone outside escrow services has no guarantee from platform unlike inside platform where you could raise claim and platform refunds you and make a ligit against the fraud to not pay back in time.