CoinLoan: Сrypto & Fiat Loans

Cryptocurrency app with high-yield interest, low credit APR and n...

50,000+

Total Global Downloads

Bundle ID
com.app.coinloan
Developer
CoinLoan
Category
Finance
Price
Free
Update Time
May 30, 2023
506 Ratings
3.45

Bundle ID
com.app.coinloan
Developer
CoinLoan
category
Finance

Price
Free
Update Time
May 30, 2023
506 Ratings
3.45

Screenshots & Media

App Info

Released on Nov 28, 2019
Current Version 1.7.7
Age Rating Rated for 3+
Developer Email ***********
App Support https://coinloan.io/
Privacy Policy https://coinloan.io/privacy-policy

Description

CoinLoan is a robust and simple ecosystem containing several products and services: cryptocurrency Wallet, Instant Loans, Interest Account, and Crypto Exchange.

CRYPTO WALLET

If you’re looking for a reliable and secure service for holding your assets, CoinLoan is exactly what you need. Our crypto app is a simple yet solid solution for those who want to store their funds in one place.

What you can do with the CoinLoan Crypto Wallet:

– Easily transfer crypto between your wallets.
– Deposit crypto with no fees; get one free withdrawal per month for ETH and ERC-20 tokens and free withdrawals for other assets.
– Swap, sell, or buy cryptocurrency on our Crypto Exchange.
– Deposit funds to your Interest Account and start earning.
– Borrow crypto or fiat by getting an Instant Loan.

You can deposit Bitcoin, Bitcoin Cash, Litecoin, Polkadot, Monero, Cardano, and other crypto. Please see the full list of available assets:

– Crypto: BTC, ETH, BCH, XRP, WBTC, XLM, PAXG, DOT, LINK, LTC, BNB, XMR, ADA, SOL, and MKR;
– Stablecoins: PAX (USDP), USDT, TUSD, DAI, BUSD, and USDC
– Fiat: EUR, GBP, and USD

Download the app and start funding your Wallet via the most convenient way.

For fiat funds:

– SEPA (for Eurozone residents)
– Wire transfer (for USA residents)
– SWIFT (available worldwide)

For stablecoins:

– ERC-20 network to deposit coin as a token from your other wallet
– Wire transfer to deposit USDC

For crypto:

– Use your crypto wallet to deposit the desired asset on CoinLoan
– For BTC and LTC, we use a modern Bech32 address format
– For XLM deposits, we require a Stellar Lumens Memo
– For XRP deposits, we need a Destination Tag

After making a deposit, you can use our products with one click.

INSTANT LOANS

To get a loan might be a big deal, but we constantly work on making the process as easy as possible for you. With our money loan app, you can get personal loans on favorable terms.

– APR is minimum 4.5% to maximum 11.95%.
– Origination fee is 1%.
– The only thing required is collateral.
– Choose between 20%, 35%, 50%, and 70% LTV.
– Repayment according to a repayment schedule.
– No fees or penalties for early repayment.
– Loan term is from 3 month to 3 years.
– We do not require repayment in full in 60 days or less.
– Borrow money (crypto-to-crypto, crypto-to-fiat, and fiat-to-crypto).

For example, you have 2 BTC and want to make it collateral for your loan in USDT. If 1 BTC = $50,000, and you have $100,000 in total, you can only borrow maximum 70% of that amount, meaning you will get 70,000 USDT at max. Regardless of your chosen Loan-to-Value (LTV) ratio, the loan origination fee will be 1% or $1000 (0.02 BTC). Your total loan cost for one year, including principal (11.95%) and all applicable fees (1%), will be 12.95% APR, or 12,950 USDT.

INTEREST ACCOUNT

No more need to sell your coins to profit. Instead, keep your crypto and make it work just by parking the assets on your Interest Account.

– Earn up to 8.2% APY.
– Deposit with no fees.
– Get daily interest for parking cripto and stablecoins.
– Earn crypto on staking CLT.

CRYPTO EXCHANGE
There’s no need to look for the best crypto rates now, as you have the CoinLoan Crypto Exchange.

– 200+ exchange pairs
– Beneficial exchange rates
– Zero fees for deposit

COINLOAN’S MAIN BENEFITS:

– THE ASSETS’ SAFETY: CoinLoan stores your crypto at the certified custodian with $250M insurance coverage. We have a strict access recovery policy, require two-factor authentication, and perform all crypto operations according to Cryptocurrency Security Standard.

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