A few years ago cryptocurrency did not cost a dime. One day it had skyrocketed and people, who had bought it beforehand had the only way to make fortune out of it — to sell it. But none of them were prepared for it.
Some lenders propose the new option: using virtual currency as a collateral. However, traditional banking institutions do not accept this type of collateral. But some startuppers, like EthLend and Nebeus, do it. Some lend directly, and some help find a loan from third parties.