CoinLoan vs. BlockFi
If you haven’t made up your mind yet and have been reading comparison articles, this page is designed specifically for you.
CoinLoan is a crypto lending and earning platform, founded in 2017, based in Estonia. The company is a crypto management industry pioneer regulated under the Estonian financial license. CoinLoan supports English, German, French, Japanese, Russian, and Turkish languages. Company offers $100M BitGo asset insurance coverage.
Currently, the platform has 20 crypto assets to choose from: CLT, BTC, ETH, XRP, XMR, DOT, LTC, BCH, XLM, WBTC, LINK, UNI, MKR, USDC, USDT, BUSD, TUSD, DAI, PAX (USDP), PAXG. CoinLoan has its own crypto exchange where you can swap, sell, and buy crypto. 150+ pairs are available to buy, sell or swap on the internal exchange.
CoinLoan offers earning in crypto and fiat at up to 10.3% APY that can rise by 2% with staking CLT, company’s native token. CoinLoan’s APR on loans starts at 5.5% with LTV options ranging between 20% and 70%.
US-based BlockFi came into existence in 2017. The company is a crypto management platform where you can earn interest or get a crypto loan. BlockFi language support is limited to English. Gemini is in charge of BlockFi security for clients’ funds.
So far, BlockFi crypto assets include a total of 13 digital assets: BTC, ETH, DAI, UNI, BAT, USDC, LINK, USDT, LTC, GUSD, PAX (USDP), PAXG, BUSD. 33 exchange pairs are available.
The company offers 7.99% APY and 8.73% APR for borrowers. BlockFi loans are crypto-backed, meaning you need collateral for application approval. LTV options also vary from 20% to 50%.
Product Comparison
Category | CoinLoan | BlockFi |
---|---|---|
Supported Assets | 20 | 13 |
Pairs on Exchange | 150+ | 33 |
Earn on Stablecoin | 10.3% | 7.99% |
Earn on Fiat | 10.3% | |
Earn on Crypto | 5.2% | 5% |
Staking | +2% | |
Borrow | 5.5% | 8.73% |
Languages | 6 | 1 |
Daily Accruals | ||
Compound Interest | ||
Corporate Accounts | ||
Support 24/7 |
CoinLoan | 20 |
BlockFi | 13 |
CoinLoan | 150+ |
BlockFi | 33 |
CoinLoan | 10.3% |
BlockFi | 7.99% |
CoinLoan | 10.3% |
BlockFi |
CoinLoan | 5.2% |
BlockFi | 5% |
CoinLoan | +2% |
BlockFi |
CoinLoan | 5.5% |
BlockFi | 8.73% |
CoinLoan | 6 |
BlockFi | 1 |
CoinLoan | |
BlockFi |
CoinLoan | |
BlockFi |
CoinLoan | |
BlockFi |
CoinLoan | |
BlockFi |