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

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%.

BlockFi

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
Supported Assets
CoinLoan
20
BlockFi
13
Pairs on Exchange
CoinLoan
150+
BlockFi
33
Earn on Stablecoin
CoinLoan
10.3%
BlockFi
7.99%
Earn on Fiat
CoinLoan
10.3%
BlockFi
Earn on Crypto
CoinLoan
5.2%
BlockFi
5%
Staking
CoinLoan
+2%
BlockFi
Borrow
CoinLoan
5.5%
BlockFi
8.73%
Languages
CoinLoan
6
BlockFi
1
Daily Accruals
CoinLoan
BlockFi
Compound Interest
CoinLoan
BlockFi
Corporate Accounts
CoinLoan
BlockFi
Support 24/7
CoinLoan
BlockFi

Disclaimer

The information provided by CoinLoan (“we,” “us” or “our”) is from the personal research and open information sources and is intended as educational material. All outlined information is provided in good faith, however we make no representation or warranty of any kind. If you found inaccuracy, please send an email to marketing@coinloan.io