Earn money without selling your Bitcoins
First, create an account to start using CoinLoan’s full range of services.
Visit the My Wallet tab and deposit Bitcoin to secure a loan.
Select your interest rate, loan currency, term, and desired loan amount.
Remember: The higher the interest rate, the faster your application will be accepted by the lender.
Create your own borrowing request or check out CoinLoan’s Lending Market to accept a suitable loan offer if you want to start borrowing immediately.
Each loan is Bitcoin-backed, meaning we don’t need to run a credit check. You can pay off your loan whenever you want, or you can continue to pay monthly.
CoinLoan automatically calculates repayment amounts for you. For example, to get 100,000 EUR with a Loan-to-Value (LTV) ratio of 65%, you'll need to deposit ~16 BTC.Start Borrowing
Loan-to-Value (LTV) refers to a ratio between your loan amount and collateral market value.
Lower LTV means you have a safety bag. In case of a market fall, your crypto is not likely to be liquidated to secure a lender's investment.
Higher LTV means that you will have to act fast in case of an extraordinary market situation.
In case of critical changes in your cryptocollateral value, you'll get an email notification.
In this case, you can repay the loan or add extra collateral. If you do nothing and the situation is a matter of necessity, your cryptoassets will be sold.
Slow, restricted traditional banking is outdated and doesn't work in our modern, globalized world. CoinLoan turns things around. Forget about delays or hidden fees. Now, you can borrow fiat, crypto, or stablecoins against your Bitcoin from all over the world using CoinLoan.
Bitcoin is the world's first and the most successful cryptocurrency that works on the peer-to-peer blockchain network without intermediaries. The main feature of Bitcoin is a complete decentralization.
The Bitcoin network requires no regulatory or central bank. Thus, no one can control Bitcoin, block, or cancel a transaction. However, anyone can join the network. In addition, transactions in cryptocurrency are favorably distinguished by a low commission size.
Bitcoin is generated by users themselves as a reward for “mining”. Its price is formed under the influence of market forces (supply and demand).
The concept of Bitcoin was first described in a technical document published in 2008 by Satoshi Nakamoto. To this day, no-one knows who Nakamoto really is.
Over the more than a decade of its existence, Bitcoin had dramatic ups and downs, both in terms of its dollar price and fame. For an idea that started as an anonymous document, it’s hard to imagine how Bitcoin reached its current market capitalization and won the greatest renown.
Bitcoin shows a meteoric rise in the number of users worldwide. It can be used as currency or financial asset, for low-cost money transfers, asset-backed loans, and beyond.
Bitcoin’s top use case remains exchange trading, it’s not yet time the mass usage of crypto for everyday shopping. Although they're still not so many merchants who accept Bitcoin directly, it’s obvious that the adoption of Bitcoin as a payment method is increasing with each year. In 2019, you can find major brands like Wikipedia, Microsoft, and KFC that accept Bitcoin.
You can buy BTC on exchange services that accept fiat currencies. For instance, on CoinLoan Crypto Exchange. Exchanges connect you to online marketplaces, where you can exchange traditional currencies for digital ones.
To buy your coins, you should first sign up for a digital wallet, then you can use traditional payment methods such as a bank card or a bank transfer to buy BTC on the marketplace. Bitcoins will be transferred to your Bitcoin wallet.
For lenders, CoinLoan is an opportunity to earn interest on their coins or fiat. There are two alternatives for making money: lending platform and interest account. With the lending platform, you can offer a loan on your terms. With the interest account that works as a bank deposit, you receive a fixed rate with no hassle. All the loans on the platform are secured by overcollateralization to ensure full and timely repayments.For borrowers, CoinLoan provides an opportunity to unlock the value of crypto while holding. Instead of selling assets and lose on unfavorable rates and taxation, users can get money fast using their assets as collateral. Crypto-backed loans can also work as leverage for various trading strategies.
Modesty aside, CoinLoan is the most advanced crypto lending platform. Here's what do we mean by "advanced":● CoinLoan provides plenty of tools to reach your financial goals: crypto-to-crypto or crypto-to-fiat loans, interest account, crypto exchange, and beyond.● We are convinced that flexibility is key. On CoinLoan, you can choose yourself pretty much everything you could think of: the interest rate, loan term, loan amount, repayment method, and more.● Licensed financial institution status and worldwide coverage allow us to offer service almost anywhere and anytime, day or night.● We offer a wide variety of stablecoins, fiat, and cryptocurrencies.● The CoinLoan security system ensures the integral safety of its users and their assets.● With our proactive liquidation algorithm, CoinLoan has a 70% LTV limit — one of the highest on the crypto lending market.● On CoinLoan, users can deposit and withdraw fiat funds instantly with a card of any bank.● Thanks to our mobile interface, users have fast and convenient access to the platform from mobile devices.● We generate a unique Loan Agreement for each loan and provide an opportunity to export loan history to CSV for user’s accountability.● Borrowers can manage collateral of an active loan and make early loan repayment with no penalties.● CoinLoan charges no fees for depositing and withdrawing funds on the platform.
Hacking attempts, bots, and DDoS attacks are filtered out meticulously thanks to Web Application Firewall and DDoS Protection.To keep the platform and customers’ funds safe, we utilize the strictest security standards as the financial institution does.To prevent security breaches, we have a bug bounty program, account takeover protection system, regular vulnerability scans, and, for sure, two-factor authentication that protects your account. You can find a broader explanation of the CoinLoan security system here.