Bybit Lending & Borrowing: Types of Lending Products That Suit You Best
Intermediate
Bybit Lending
May 30, 2023
5 min read
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Detailed Summary
The distinctions between the terms lending, loaning and borrowing are blurred by the broad interpretation and overlapping use of these terminologies. Furthermore, the perspective from which these transactions are used when a participant commits as either lender or borrower further complicates things, leading to the enigmatic question, “What are lending, loan, and borrowing?”
To mitigate confusion and clarify the respective roles and viewpoints of a lender and borrower, this article attempts to provide solid insights into this evergreen dilemma.
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