CoinLoan adopts the BNB Smart Chain to further enhance user experience

Press ReleaseJun 07, 2022
CoinLoan adopts the BNB Smart Chain to further enhance user experience

The CoinLoan platform now offers BNB (Binance Coin), one of the biggest cryptocurrencies by market capitalization. It is part of CoinLoan’s broader integration with the BNB Smart Chain, a robust, cost-effective blockchain with the following features:

  • Tools for developers to build powerful apps
  • Multi-chain asset management for users
  • High capacity and low latency (the time it takes for the network to confirm a new transaction)

As a result of the integration, CoinLoan’s users will be able to access a whole new world of possibilities. There is a range of benefits, from faster transactions to the ability to integrate with other assets and exchanges, making the smart chain an excellent alternative to Ethereum thanks to its lower gas prices and greater scalability.

CoinLoan’s Product Owner, Eugene Zomchak, commented on the integration: “Adding BNB to our scope is the right decision, as it is one of the most popular and capitalized assets, and it will be available across all the products on the CoinLoan platform. We are also preparing for the future integration with the BEP-20 network, so our customers will get all the advantages of using the BNB Smart Chain, such as fast and inexpensive transactions for compatible assets in the near future.”

Continually adding currencies and innovating for its users, CoinLoan continues to expand its platform. Both corporate and private clients benefit from the company’s main products: Wallet, Crypto Exchange, Interest Accounts, and Instant Loans. These all provide users with the ability to leverage cryptocurrencies for short-term or long-term investment.

About CoinLoan

CoinLoan is an EU-licensed crypto business that offers Instant Loans against cryptoassets, Interest Account, and Crypto Exchange, as well as corporate services. Its highest security standards and insurance on assets mean that both institutional and private customers benefit from the highest levels of protection.

Its highly-competitive loan and APY rates, transparent pricing, and 24/7 human customer support service have resulted in high customer retention and satisfaction. CoinLoan’s platform allows swapping and managing a comprehensive and growing range of cryptocurrencies, including its native token and fiat currencies.

The company is focused on continuous innovation through state-of-the-art technology and partnerships, bringing customers constant improvements and possibilities within the crypto world.

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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