Borrow Money Using CoinLoan Instant Loans

ProductSep 24, 2021
Borrow Money Using CoinLoan Instant Loans

Our Instant Loans is a great feature to use if you want to borrow digital assets without selling crypto collateral. Or you may need an extra source of funds to follow market moves. Still haven’t tried these opportunities? Here are a couple of reasons to do it and see for yourself.

Why Choose Our Loans

CoinLoan Instant Loans offer competitive interest rates and one of the most flexible terms on the market. Here are other reasons to get a loan with us:

  1. An instant request approval: no credit history check.
  2. We only offer collateralized loans: use crypto, fiat, or stablecoins as collateral.
  3. Choose a suitable deposit method: SWIFT, SEPA, and Ad Cash.
  4. Our max LTV is 70%: market standard is 50%.
  5. You can choose a loan period that suits your needs: from 1 month to 3 years.
  6. No penalties or fees for early repayment.
  7. Repay loan partially or fully in any asset supported by the platform.
  8. Add or withdraw collateral at any time, depending on the market situation.
Assets available for borrowing on CoinLoan
Assets available for borrowing on CoinLoan

How to Get a Loan on Our Web App

  1. Go to our platform: log in into your account or sign up for a new one.
  2. Complete our KYC verification process. Don’t worry, it won’t take long.
  3. Open the Instant Loans tab of our platform.
  4. Choose the asset you’d like to borrow: fiat, crypto, or stablecoin.
  5. Hit the Borrow button.
  6. Choose loan parameters: collateral, LTV (more on LTV here), loan term, origination fee type (pay in CLT with 50% discount or in a loan currency).
  7. Click on the Get Loan Now button. Profit!
Borrow Money Using CoinLoan Instant Loans

How to Get a Loan on Our Mobile App

  1. Install and open our app (available for iOS or Android).
  2. Log in to your account or sign up for a new one.
  3. Complete our KYC verification process. Don’t worry, it won’t take long.
  4. Go to the Loans tab in the app.
  5. Click on the Get Loan button.
  6. Choose loan parameters: loan and collateral currencies and their amount, LTV (more on LTV here), loan term.
  7. Click on the Get Loan button. Profit!

How do you find our Instant Loans feature, CoinLoaners? We would be delighted to receive any feedback or ideas on how to make our platform better. Share your opinion on our social media: Twitter, Telegram, Reddit, Facebook.

Disclaimer:

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.

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