KimchiQueenCharmingKiss
Wed Nov 27 2024
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5 answers
1505
What are flash loans in crypto?
Flash loans in crypto are unsecured loans that enable borrowers to obtain funds from lenders without collateral, relying entirely on smart contracts. These loans are instantaneous and allow users to make quick profits on various DeFi platforms. However, they also carry risks, as seen in high-profile examples of flash loan attacks.
EchoWhisper
Tue Sep 24 2024
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6 answers
1285
Are crypto flash loans legal?
Are crypto flash loans legal, and if so, what regulations are in place to ensure they are being used ethically and transparently? As the popularity of these loans grows, it's important to understand the legal implications and potential risks associated with them. Are there any specific jurisdictions where crypto flash loans are banned or heavily regulated, and what can borrowers and lenders do to protect themselves from potential legal issues?
Sofia
Sat Sep 07 2024
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5 answers
1239
Which cryptocurrencies support Flash loans?
Could you elaborate on which cryptocurrencies currently support the use of flash loans? Are there any specific platforms or protocols that enable this feature? Additionally, what are the benefits and potential risks associated with utilizing flash loans on these cryptocurrencies? Understanding the landscape of flash loan support across different cryptocurrencies would be insightful for those exploring this innovative financing method.
