I'm wondering if flash loans are actually free. I've heard about them and how they work, but I'm not sure if there are any costs or fees associated with them. Can someone clarify this for me?
7 answers
Arianna
Fri Nov 29 2024
Are flash loans free? This is a question that many people ask when considering this type of lending.
GangnamGlitz
Thu Nov 28 2024
Generally, the answer is no. Flash loans do come with a cost, as the lender will typically charge an interest fee.
Stefano
Thu Nov 28 2024
It is important for borrowers to understand these fees before taking out a flash loan.
MountFujiView
Thu Nov 28 2024
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ShintoSanctuary
Thu Nov 28 2024
This fee is a percentage of the amount loaned and is usually charged upon repayment of the loan.