So i have just made a post about best ways to invest your Bitcoin/crypto where i also included Coinloan into the post. I really like this company and i think it deserve a post for it self explaining about the company into detail. If you haven’t seen the post yet please see it here.
I’ve done so you will get half my profit i get from referring you to the site so you can earn a little exstra with Coinloan, just simply click any of the Coinloan names in this article.
Wallet
With Coinloan you will get a wide range of wallets all from crypto, stable coins and fiat wallets that all can be used within the platform, but i will explain more later in the article.
This is the crypto coins
- Bitcoin – 5.2% Interest, 7.2% with staking CLT
- Bitcoin Cash – 5.2% Interest, 7.2% with staking CLT
- Ethereum – 5.2% Interest, 7.2% with staking CLT
- Litecoin – 5.2% Interest, 7.2% with staking CLT
- Monero – 5.2% Interest, 7.2% with staking CLT
- Coinloan Token – 0% Interest
- Ripple – 5.2% Interest, 7.2% with staking CLT
- Chainlink – 5.2% Interest, 7.2% with staking CLT
- Stellar Lumens – 5.2% Interest, 7.2% with staking CLT
- Wrapped Bitcoin – 5.2% Interest, 7.2% with staking CLT
This is the different Stable coins
- TUSD – 10.3% Interest, 12.3% with staking CLT
- USDC – 10.3% Interest, 12.3% with staking CLT
- PAX – 10.3% Interest, 12.3% with staking CLT
- USDT – 10.3% Interest, 12.3% with staking CLT
- DAI – 10.3% Interest, 12.3% with staking CLT
- BUSD – 10.3% Interest, 12.3% with staking CLT
- PAXG – 5.2% Interest, 7.2% with staking CLT
And last we have the fiats of the platform
- USD
- EUR – 10.3% Interest, 12.3% with staking CLT
- GBP – 10.3% Interest, 12.3% with staking CLT
- RUB – 8.3% Interest, 10.3% with staking CLT
Interest Rates
Every single crypto, stable coin and fiat (not USD because of Stable coins) have interest rates on Coinloan. They give some nice interest rates compared to other crypto banking sites. Here they give between 5.2% to 10.3% from start, but you can up that with 2% by staking 2500 Coinloan Tokens.
Have in mind this is not your wallet, so when you fund your wallet you need to go under Interest Account and deposit from my wallet to there.
Deposit System
Coinloan do have a deposit system (wow really?). You need to click under My Wallet to deposit the different crypto and fiats. Of cause Bitcoin and all those coins use their normal address and you just deposit to. Tokens like WBTC and all the stable coins are ERC20 and running on ETH.
For Fiat you have 4 ways to deposit. This happens with SEPA, VISA/Mastercard, SWIFT or Advcash tho have in mind using card will have a 2 euro + 4.2% fee.
Depositing USD will automaticly be converted to USDT.
Instant Exchange
Coinloan comes with a build in exchange. This exchange let you exchange fiat to crypto, crypto to crypto and crypto to fiat instantly. So if you have crypto that is supported but want stable coins then you can easy deposit and exchange and then deposit to interest account.
Instant Loans
Instant loans let you loan all from fiat, stable coins and crypto in exchange of a crypto collateral. The lower LTV(Loan-to-Value) you have to more crypto is needed for collateral, and the higher loan term you get (max 3 years, min 1 month) the lower interest rate do you need to pay. Everything have a play in your interest rate and how much you have to pay back.
Every crypto, stable coin and fiat have different min loans on Coinloan and they are as following below in coin value.
- USDC – min 1000
- USDT – min 1000
- BUSD – min 1000
- TrueUSD – min 1000
- PAX – min 1000
- EUR – min 100
- GBP – min 5000
- RUB – min 5000
- BTC – min 0.01
- WBTC – min 0.01
- ETH – min 0.5
- XRP – min 100
- LTC – min 0.5
- XRM – min 0.5
- LINK – min 20
This let you borrow money without you will have to sell your crypto, so as soon as you pay back everything then you unlock your crypto again. You can pay back in CTL or the borrowed crypto or fiat.
So this is my in detail explainer for Coinloan. This is made so you as a new user can understand how the platform works and even earn more with your crypto. Simplly you lend your crypto to Coinloan and they give you interest for it. Your funds are covered by Coinloan so your money is always safe.
