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Topic: 🔥[ANN][ICO] CoinLoan — Lending Platform with CryptoAssets as Collateral🔥 - page 6. (Read 9943 times)

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BountyHunter|AirdropHunter|Pretty Girl Hunter
Another decentralized lending plarform and awesome project. This industry will jump to the moon in the year 2025!
My question to you guys is:
What's you're advantage over Salt and ETHlend?
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Are you running any bounty program. If yes please let me know the bounty link. Thank you!
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What cryptocurrencies can be left as security when taking a loan from CoinLoan?

Hi! We will support at least BTC, ETH, LTC after the platform launch. We are going to support more (DASH, XRP, XMR, etc.).
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What cryptocurrencies can be left as security when taking a loan from CoinLoan?
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We’re thrilled to announce that our ICO will officially start on November, 26th, 14:00 UTC!
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Greeting to Our New Advisor!

Desmond Marshall 
— investor and advisor with over 22 years of strategic experience.

https://medium.com/@coinloan/greeting-to-our-new-advisor-6b8de31ea399
full member
Activity: 196
Merit: 100
full member
Activity: 196
Merit: 100
Can you elaborate differences with LENDOIT and CoinLoan. Lendoit will accpet ERC 20 tokens will Coinloan do the same?

We often receive this question. Here are the main differences:
1. CoinLoan project will be launched in Europe and licensed as a payment institution. This allows working legally and providing services all over the world, excluding those countries where a local license is needed. We will try to obtain a license in other countries (including those in Asia) depending on the amount of the raised funds.
2. Any individual or legal entity can act as a lender and provide loans or as a borrower and receive loans. No licenses are required for this.
3. The minimal amount of the loan on the platform is $50 (also expressed in other currencies). This allows providing microloans. The maximum amount is not limited.
4. All applications for providing and borrowing loans will be processed automatically and immediately.
5. CoinLoan Tokens (CLT) will be used for paying the fees on the platform for receiving and borrowing loans. They form an integral part of the system which provides the high demand for them at the market. 
6. The borrowers will be able to evaluate the risks related to the cryptoasset volatility and set the LTV (Loan-to-value ratio) at their sole discretion (from 10 to 70%).
7. Loans can be provided or borrowed in many fiat currencies (USD, EUR, GBP, CNY, JPY, RUB, CHF). This list will be extended as the platform is developed.
8. Various cryptocurrencies (Bitcoin, Ethereum, Litecoin, Ripple, Dash, Monero, ZCash) can be used as a collateral. This list will also be extended. We'll try to cover all popular cryptocurrencies with a high capitalization rate.
9. We will focus on convenient and fast methods of depositing/withdrawing fiat funds on the platform with a minimal fee. E.g., instant withdrawal on any bank card, local bank payments, conventional international SWIFT-transfers, etc.
10. We don't prohibit placing our tokens at the exchange, in fact, when ICO ends we'll try list the tokens on the largest cryptoexchanges.
11. Also, we'll try to provide the most profitable fees and lending conditions on the market.
12. Borrowers will have more discretion in different market conditions which affect the value of the cryptocollateral.

However, we are going to support some ERC-20 tokens as collateral too, but a little bit later after launch.
member
Activity: 100
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Can you elaborate differences with LENDOIT and CoinLoan. Lendoit will accpet ERC 20 tokens will Coinloan do the same?
full member
Activity: 196
Merit: 100
full member
Activity: 196
Merit: 100
Pre-ICO is over. We are very grateful to all participants! Please stay in touch! We will tell you about the results very soon!
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Only a few minutes left until Pre-ICO end! Don't Miss Out!
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Great news! We added three languages ​​to our website: French, Chinese and Arabic!
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I think the coin in the mine will bring its own benefits because I think it's possible to do it
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