What Is a Flash Loan In Crypto?
A Flash Loan is when you borrow money from an exchange or another party to trade on margin
Typically, you deposit funds into an account on an exchange and then use these funds to trade with other users
If you make money from the trades, your balance increases; if not, it decreases
these types of loans often come with high-interest rates since they’re risky investments due to their short-term nature, but they are also great for returns when things go well
A flash loan is a type of lending that enables the borrower to access funds for a brief period
This can be done through furuCombo’s API or directly from their website without any coding experience required
Flash Loans usually last between 24 hours to seven days, depending on which exchange/platform you use