CoinLoan vs. Salt

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%.

Salt

Salt is a blockchain loan company founded in 2017 in the US. It offers USD and stablecoin crypto-backed loans. One of the notable products is Stabilization - in case of a sharp market downfall, a client’s loan collateral is converted to USDC stablecoins. The platform has its own token, SALT, and only supports English. The company insures clients’ funds with Fireblocks.

Salt crypto lending platform has only 9 digital assets to choose from: BTC, ETH, LTC, BCH, PAX (USDP), PAXG, USDC, TUSD, and SALT. No internal exchange is available.

Company doesn’t provide earnings on savings accounts. Salt LTV options for crypto-backed loans range between 30% and 70%. Salt loan rates include APR at 5.5% and LTV between 30% and 70%.

Product Comparison

Category
CoinLoan
Salt
Supported Assets
20
9
Pairs on Exchange
150+
Earn on Stablecoin
10.3%
Earn on Fiat
10.3%
Earn on Crypto
5.2%
Staking
+2%
Borrow
5.5%
5.5%
Languages
6
1
Daily Accruals
Compound Interest
Corporate Accounts
Support 24/7
Supported Assets
CoinLoan
20
Salt
9
Pairs on Exchange
CoinLoan
150+
Salt
Earn on Stablecoin
CoinLoan
10.3%
Salt
Earn on Fiat
CoinLoan
10.3%
Salt
Earn on Crypto
CoinLoan
5.2%
Salt
Staking
CoinLoan
+2%
Salt
Borrow
CoinLoan
5.5%
Salt
5.5%
Languages
CoinLoan
6
Salt
1
Daily Accruals
CoinLoan
Salt
Compound Interest
CoinLoan
Salt
Corporate Accounts
CoinLoan
Salt
Support 24/7
CoinLoan
Salt

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