Cryptoloans can be granted automatically to those who have provided collateral, as the user is seen as trustworthy and can be trusted.
Smart contracts provide an opportunity to automate the entire process, so lending becomes more efficient and convenient.
This is a way to get passive income without large investments, because even from credit cryptocurrency you can get interest if you put it in storage for a deposit.
Much more financial opportunities are provided for conducting trading activities, if all the rules of work are followed.