rosierose386 rosierose386
  • 29-10-2021
  • Business
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what do you need to do to borrow crypto with compound?

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colinabaptiste76
colinabaptiste76 colinabaptiste76
  • 01-11-2021

Answer: First, you’ll need to deposit your collateral just like you would to earn interest. All loans on Compound are over collateralized. That means if you want to borrow WBTC for example, you’ll need to deposit a larger amount of another crypto asset such as ETH or DAI.

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