We are happy to announce that CoinLoan has added BNB to its list of available cryptocurrencies. A top-5 asset by market cap, it has grown by over 277,000% since its launch. Now, you can deposit, withdraw, swap, sell, buy, earn interest, and use BNB as collateral for crypto-backed loans.
What is BNB?
BNB, one of the most in-demand cryptocurrencies, is an integral part of BNB Chain. It is also versatile: apart from asset transfers, the native token is used for staking, transaction fees, and smart contracts on BNB Smart Chain (BSC). The latter powers such popular Dapps as PancakeSwap – check out our in-depth article here.
Using BNB on CoinLoan
- Instant Loans: With BNB collateral, you can get a loan in USDT, USDC, BUSD, TUSD, PAX, DAI, EUR, GBP, BTC, WBTC, and ETH.
- Interest Account: Get 5.2% APY with daily compound interest on BNB. Receive up to 7.2% in total with CLT Staking.
- Crypto Exchange: Buy and sell BNB through our crypto exchange.
Beyond BNB: BSC
BNB is more than a new popular asset to explore across the CoinLoan products. Soon, our users will access all the benefits of its native ecosystem created by the biggest crypto exchange in the world – Binance.
We are implementing integration with BSC, a BEP-20 network known for its capacity and convenience. Among other benefits, it offers fast and inexpensive transactions for compatible assets. They will become available on CoinLoan in the near future, so stay tuned!
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The information provided by CoinLoan (“we,” “us,” or “our”) in this text is for general informational purposes only. All investment and financial opinions expressed by CoinLoan in this text are from the personal research and open information sources and are intended as educational material. All outlined information is provided in good faith. However, we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any information in this text.