What are Flash Loans? (Animated) Borrow MILLIONS Instantly in Crypto

Are you wondering what Flash Loans are in the DeFI and Crypto space? In this video we explain that Flash Loans are instant loans of up to millions of dollars without any collateral down that you can use for whatever purpose you desire. The catch is that you must pay back the loan with a very small interest fee in the same blockchain transaction that you borrowed it from.

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