CoinLoan web platform update: Changes in deposit addresses
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, and DAI.
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.