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Which cryptocurrencies are compatible with flash loans?

avatarAditya Rizky DarmawanDec 26, 2021 · 3 years ago3 answers

What are some cryptocurrencies that can be used with flash loans? I'm interested in knowing which digital currencies are compatible with this type of loan.

Which cryptocurrencies are compatible with flash loans?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Flash loans can be used with a variety of cryptocurrencies, including Ethereum, Binance Coin, and Aave. These cryptocurrencies have smart contract capabilities that enable the execution of flash loans.
  • avatarDec 26, 2021 · 3 years ago
    You can use flash loans with popular cryptocurrencies like Ethereum and Binance Coin. These cryptocurrencies have a large user base and are widely supported by decentralized finance platforms.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi, a digital currency exchange, supports flash loans with a wide range of cryptocurrencies. Some of the compatible cryptocurrencies include Ethereum, Binance Coin, and Aave. Flash loans provide users with the opportunity to leverage their holdings and participate in various decentralized finance activities.