At some point in our lives, we will all need to meet digital assets face-to-face. We believe it’s inevitable. What should not be inevitable is feeling frustrated by the complexity of the crypto-puzzle.
Developing CoinLoan, we aimed to create one platform to manage your assets. Whatever was difficult to understand and use, we tried to make plain and simple.
Consider moving crypto from your wallet to a lending platform, then to an exchange and back, every time you need to drive a trading strategy, for instance. It takes numerous stations with transfers, with each transfer paid from your pocket.
CoinLoan offers a shortcut — all steps can be done inside one platform. It allows our users to react fast and be the first to move when markets do.
CoinLoan Interest Account is the place to store idle assets. Use it if you want your crypto to work when you sleep.
With Instant Loans, you can borrow against your crypto in a couple of minutes without paperwork and credit checks. The perfect tool to get cash while holding your asset. Or if you need to exit and enter positions quickly when major news occurs, and prices may react at a moment’s notice.
Crypto Exchange is a convenient place to buy, sell, or swap coins on the go. CoinLoan accepts fiat deposits with Visa/MasterCard, so you can easily buy Bitcoin, Ethereum, Monero, etc. in a couple of minutes.
CoinLoan is a regulated financial institution licensed under Estonia Financial Authority and operating worldwide. We take care of the complex KYC and AML procedures to assure everything is compliant with European and international regulations.
We’ve chosen to be regulated by the Estonian Law because this North European country has one of the world’s most crypto-friendly environments.
In 2013, Alex Faliushin was forced to sell his bitcoins for about $100.
At the beginning of 2017, BTC was valued at ten times more. There was no way in those days to both save crypto as a long-term investment and unlock its value for urgent needs.
Alex Faliushin and his business partner, Max Sapelov, came up with the idea of using crypto as loan collateral.
In the first half of 2017, Faliushin (as CEO) and Sapelov (as CTO) started to build a team and develop CoinLoan, a platform for loans secured by digital assets. Crypto-backed lending was in its infancy.
A couple of years have passed, and crypto-lending has become a highly-competitive, multi-billion-dollar market.
The idea of CoinLoan is presented for the first time to the public on the Bitcointalk forum.
CoinLoan obtains the required financial licenses.
CoinLoan platform goes live.
The crypto-exchange service appears on CoinLoan.
CoinLoan enables Visa and MasterCard payments.
Loans in crypto are added to supplement fiat loans.
Interest Account service appears.
Instant Loans are introduced.
CoinLoan offers fiat-to-crypto loans, with fiat and stablecoins as collateral.
CoinLoan app for iOS and Androids is launched.