Topic: CoinLoan — Crypto-To-Fiat Lending Platform with a P2P Economy - page 7. (Read 2073 times)

Why can't You sell your cryptocurrency? You can do this, but there are investors who would not want to do this, they want to keep and increase their investments.

I can't understand why I can't sell my cryptocurrency and get Fiat money, the point of taking a loan if I have to leave my crypto assets as collateral.

To take out a loan that you can amount 50$, it can be classified as microloans. The main thing that it was convenient and fast.

I'm wondering what amounts this credit platform will work with, let's say: $ 100 I can borrow? or will the work be carried out with larger amounts?

The idea is definitely intriguing. Probably the crypto lending first site to have fiat loans.

However, what would be the difference between your site, and simply posting a loan request in the lending section with some crypto as collateral and getting an escrow to hold the collateral for the timeframe of the loan? What exact advantages do you guys have over that method of obtaining a loan?

Furthermore, since you're dealing with fiat currency loans, how will you ensure that your bank accounts will remain functional and don't get frozen (huge concern since you're dealing with crypto as well as fiat). Personally, I feel like fiat pegged loans, in BTC, would make a lot more sense.

I would like to have full confidence in the legal jurisdictions, can I find out which country this project is registered in?

I've always wanted to become a private lender, but I don't fully understand the level of guarantees that this platform provides. I would like to risk nothing at all.

Investing in cryptocurrency or not is an individual decision for each investor. Platform CoinLoan gives you the opportunity to borrow Fiat money, in particular the Euro, the security of BTC.

Do you think now is the best time to invest in cryptocurrency in General? I have already signed up for CoinLoan but can't decide whether to buy BTC or wait?.

The area of lending is subject to huge competition, those projects that have more funds and better developed marketing actionsare winners.

Loan platform CoinLoan is a valid business. I, like many other users is convenient to take out a loan on bail. But, given the current situation in the cryptocurrency market, the collateral system becomes dangerous for the borrower.

CoinLoan Platform Is Live!

CoinLoan is a crypto-to-fiat lending platform with a P2P economy. From now on, loans with cryptocurrency as collateral available for users all over the world.
The main advantage of the project is that anyone can lend or borrow controlling the terms individually.



How does it work?




Advantages for Lenders

• Minimal Risks

Cryptocollateral ensures full repayment of the loans that were provided including the interest without delays.

• No Limits

Minimal loan amount – starting from EUR 500, the amount can be reduced; the maximum amount is unlimited.

• No Obstacles

Any individual or legal entity can become a lender without any licenses.

• Flexible Loan Terms and Conditions

Lenders can set all transaction parameters themselves.

• Global Coverage

Lending to customers from all over the world.

• Reliability and Safety

Full compliance with the requirements of financial regulators, legal and financial safety of the transaction for all parties. The company is licensed in Europe as a payment institute.

• Easy To Use

No need to control the payments and the market price of the collateral - CoinLoan does this for you.

• Privacy Protected

Confidentiality of personal information of the lender and the borrower.


Advantages for Borrowers

• Preserving Cryptoassets

Now there is no need to sell cryptoassets if you need fiat money.

• Convenient Ways of Depositing/Withdrawing Funds

Funds can be quickly withdrawn by a bank transfer.

• No Credit Checks

There is no need to check out the credit history and prove your payment capacity.

• Flexible Lending Terms and Conditions

Individual estimation of risks and selection of lending terms and conditions allow getting a loan under optimal conditions.

• Refinancing of Obligations

One can refinance obligations which allow prolonging the loan term easily.

• Individual Loan Management

It is possible to close the loan at any time by liquidating (selling) a part of the loan at the current market price.


Why is CoinLoan actually better than competitors?

1.  We are the only project on the crypto-to-fiat lending market based on the P2P economy. On CoinLoan, everyone can become a lender or a borrower, on his or her own terms. We don’t provide loans, we only mediate to link counteroffers and ensure the safety of the deal.

2.  At the moment the CoinLoan platform has the most flexible loan terms and conditions on the market.

• CoinLoan supports microloans starting from 500 EUR as well as large ones, where maximum amount is limited by your budget only.

• A timeframe allows you to choose: from 14 days for short-term loans to 12 months for long-term ones.

• You are free to customize the loan-to-value ratio in the range from 1% to 60%.

3.  All lending operations are performed automatically and immediately. If there is a suitable counteroffer, the applications will be matched and the user will receive fiat money almost instantly.


Try It Now!

Follow the link to start lending and borrowing.

Keep updated to our latest news! If you have additional questions, feel free to ask.
50k+ Telegram group: https://t.me/coinloan
Twitter: https://twitter.com/coin_loan
Reddit: https://www.reddit.com/r/coinloan/
LinkedIn: https://www.linkedin.com/company/coinloan/
Website: https://coinloan.io/
Blog: https://medium.com/@coinloan
Support: [email protected]