CoinLoan Platform Update: Changes in Deposit Addresses

UpdateSep 10, 2021

Hi CoinLoaner,

Recently we upgraded the CoinLoan wallets infrastructure. That means deposit addresses of certain assets were changed. For some time you will still be able to use both old and new addresses. Later, we plan to process all the deposit operations through a new address only. If you use other platforms to make transfers to CoinLoan wallet, don’t forget to update your wallet address in the withdrawal settings of those platforms.

Affected Assets

BTC, BCH, LTC, ETH, CLT, LINK, TUSD, USDC, USDT, BUSD, PAX, PAXG, DAI

Additional Updates

After the updates BTC and LTC addresses migrated to a more modern format known as Bech32. Soon we will add an option to choose between Bech32 and Legacy formats. The updates also improve the processing of Ethereum deposits sent via smart contracts.

How to find my new address(es)?

Please check out your new deposit address(es) in the account menu if you hold or manage affected assets. To do this, follow these steps:

  • Log in to your CoinLoan account;
  • Navigate to the Wallet;
  • Click on the needed asset;
  • Choose Deposit;
  • The new deposit address will appear on the screen.

Kind Regards,

CoinLoan Team


💫CoinLoan is a universal platform for crypto and fiat assets. We help to keep your assets safe and manage them from one dashboard.

💡First time here? Visit our home page and get to know the CoinLoan lending platform a little better.

Disclaimer:
The information provided by CoinLoan ("we,” “us” or “our”) in this report is for general informational purposes only. All investment/financial opinions expressed by CoinLoan in this report 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 report.

Tags