CoinLoan vs. Celsius

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%.

Founded in 2017 in the US, Celsius is a platform for earning and borrowing crypto. It aims to unbank customers and provides crypto-backed loans and savings accounts. Custodian Fireblocks provides insurance for clients’ digital assets. At the moment, the platform only supports the English language.

With Celsius, investment options are broad - the company offers 40 digital assets to choose from: CEL, BTC, ETH, MATIC, DOT, AAVE, DASH, COMP, BCH, EOS, LTC, ADA, LINK, XRP, UNI, XLM, OMG, MANA, USDT, USDC, BUSD, PAX (USDP) and others.

Celsius rates differ from other companies. The platform offers up to 8.88% APY on USDC without Celsius token, CEL, and APR starting at 1%. LTV options range between 25% and 50%. Celsius loans require crypto collateral.