Earning Rate for ETH Increased by 50% In CoinLoan Interest Account

UpdateJul 29, 2020

A bit of magic to spice things up on Wednesday! We at CoinLoan have some good news to make your day and your week even better.

After the “Black Thursday” correction in March, when Ether plunged to $90, it has quickly recovered. This week, the price of Ether has hit a new yearly high at $322. The anticipation of Ethereum 2.0 boosts the demand for ETH, making transaction volumes surge and active addresses skyrocket.

Watching such optimism, we offer CoinLoaners to earn more ETH in the Interest Account. Before the rate was 3%, and now the basic annual interest for deposits in ETH increases to 4.4% and the rate with maximum staking rewards goes up to 6.4%, just like bitcoin’s rate.

If you’re already holding ETH on CoinLoan Interest Account, your interest rate will increase automatically. If you don't — maybe it's the perfect time to start!

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