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CoinLoan Review | Is it Legit and Safe for you?

CoinLoan Review: Summary

  • CoinLoan is a P2P European Crypto-lending platform.
  • They allow you to earn daily compound interest up to 12.3% on eighteen supported cryptocurrencies, stable coins, and FIAT.
  • CoinLoan offers Crypto-to-Fiat Loans, Crypto-to-Crypto Loans, and Fiat-to-Crypto Loans with unique features such as no lock-ins, flexible repayment schedule, and no credit history checks.
  • You can buy, sell and swap assets. They also support FIAT transfers through SWIFT, SEPA, Visa, MasterCard, Wire Transfers, and AdvCash.
  • CoinLoan provides its native token CLT.
  • They offer a user-friendly platform that supports Android and iOS.
  • They use various techniques to secure their platform and are completely transparent about their security practices.

Coinloan Interest Account

Features

  • Your funds are never locked, and you can withdraw them whenever you want.
  • The minimum deposit period is one day.
  • The interest is paid in the same currency in which you deposit.
  • Interest is deposited daily at 14:00 UTC. Compounded interest is credited to your account on the first day of the month at 15:00 UTC.
  • The funds you deposit are used to fund collateralized loans, which helps CoinLoan pay you the interest.

CoinLoan Borrow

CoinLoan Crypto Exchange

  1. SWIFT (Available globally)
  2. SEPA (For Euro and Eurozone citizens)
  3. Visa and MasterCard (Available globally)
  4. AdvCash (Available globally except the USA)

CoinLoan Token & User Experience

CoinLoan Review: Security

CoinLoan Fees

1. Deposits

2. Withdrawals

3. Liquidation

4. Borrowing Fees

CoinLoan Review: Customer Support

CoinLoan Review: Pros and Cons

Pros

  1. High-Interest rates
  2. High LTV ratio
  3. Flexible Repayment options
  4. Available worldwide
  5. Support FIAT transfers through SWIFT, SEPA, Visa, MasterCard, Wire Transfers, and AdvCash.
  6. Easy to use

Cons

  1. It is a relatively new platform.

CoinLoan Review: Conclusion

Frequently Asked Questions (FAQ)

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Coinmonks (http://coinmonks.io/) is a non-profit Crypto Educational Publication. Follow us on Twitter @coinmonks and Our other project —  https://coincodecap.com, Email  — gaurav@coincodecap.com

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