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making money through NFT lending | Forum
Martin
Mar 30 '23
I'm interested in making money through NFT lending. Can you explain how it works and if it's a good investment?
Rick
Mar 30 '23
Hello, NFT lending is a relatively new way to earn passive income in the crypto world. Basically, you can lend your NFTs to others for a set period of time and earn interest on them. The interest rate depends on various factors like the platform you use and the demand for your NFTs. It's generally considered a low-risk investment since you're lending out an asset that you still own. As for platforms, you might want to check out https://www.drops.co/ which is a lending platform for NFTs. They offer competitive interest rates and have a user-friendly interface. It's a great way to earn passive income on your NFTs while still holding onto them for potential long-term gains.
