Bitcoin Forum

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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?

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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Funds can be quickly withdrawn by a bank transfer.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 (https://app.coinloan.io/?utm_source=PR&utm_medium=bitcointalk&utm_campaign=%231) 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: support@coinloan.io

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.

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

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?.

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.

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.

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

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'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?

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 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.

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.

Is it possible to convert the Deposit of electronic money into FIAT money immediately? What are the possible risks? Withdrawal of money that was borrowed without additional interest?

do I understand correctly that the CoinLoan platform will act as an intermediary between the borrower and the lender?

There was always some discussion around crypto loand and how secure it would be for lenders. Seems OP is busy for coinloan's ICO. Please can you enlighten me in this task? How do you ensure that borrowers won't scam you? If there exists something that gives us guarantees, then why do our users send loans based on bitcointalk members' trust?

Yes, you understand correctly, CoinLoan acts not only as an intermediary, but also as a guarantor of absolutely all transactions.

What is the point of taking a loan secured by crypto assets, if you can just sell them at any time and get cash? Help me to understand this question.

In theory, after a successful loan repayment, borrowers can still profit on their cryptocurrencies if exchange rates rise during the contract period.

And what will happen if the prices of these cryptocurrencies on the contrary fall, it turns out that in addition to interest on the loan will have to bear additional losses. Maybe have some kind of insurance?

I think that I invest in crypto currency, you are already going to this certain risk, no one is insured from the fall of the market.

In order to eventually keep these same crypto assets, you understand that the price for them can seriously change even in 1-2 months.

And if you compare the project CoinLoan with its current competitors, such as OPP Open Wi-Fi or Unlock? Than CoinLoan surpasses them. Thanks in advance for the answer.

Similar credit platforms I have seen multiply, each of them has its advantages and disadvantages. What are the advantages of CoinLoan?

The lowest interest rate on the market.
Providing loans in fiat currency secured on a crypto asset (cryptocurrency, tokens).

The platform CoinLoan will be a lot of advantages. You can also add:

1.It's possible to receive and provide micro loans.
2.Global exposure of lenders and borrowers.
3.Guaranteed repayment to the lender and full absence of risks.

What will be the price of one CLT token during the start of sales? Will there be any discounts or bonuses?

When will be the tokens of CLT and listed on which exchanges? Are there specific listing dates and a list of specific cryptocurrency exchanges?

This information will be available soon. Please stay in touch!
On the bounty, the company allocated a certain percentage of the tokens, then it will definitely launch, but later.

I would also like to take part in the bounty, I hope that the awards will be generous for all participants.

Tell us, what is CoinLoan? How will this platform be better than the others? Are there any specifics?

Hi, everybody. I would like to comfortably and quickly follow the news and updates of the project, CoinLoan has its own telegram channel or instagram?

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: support@coinloan.io

The idea of the CoinLoan project is quite complex, but it can be implemented under certain conditions. I would like to wish good luck to the whole team and who are working on CoinLoan, as well as their partners.

Hey all, the great news is coming! We are happy to present you some updates we implemented on the CoinLoan platform (https://app.coinloan.io) for the last two weeks.

More Cryptoassets Supported
You probably know that Bitcoin is the most requested cryptocurrency among community members.

Well, now it is possible to use Bitcoin and Litecoin as a collateral! Deposit and Withdraw buttons next to this currencies became active in Lending Market today. Isn’t that awesome?


It is probably impossible to include all currencies in the world to the platform, but no one said we wouldn’t try 🙂
Our next major goal is to add USD to fiat currencies list. Let’s just say it’s complicated. Despite everything, we are working for you to lend and borrow in fiat dollars as soon as possible.

Delays Overcoming
In addition to the updates mentioned, processing of ETH, CLT and TUSD depositing has been accelerated. In case if you’ve met some delays earlier, now everything is running instantly in real time.

CLT is Listed on Blockfolio
We are pleased to inform that CLT is available on Blockfolio, #1 cryptocurrency portfolio management app.

Bugfixes
A few users had some troubles with uploading documents for verification. We have fixed everything so that now the verification process goes smoothly for everyone.

Frontend Update
Redesigning of Lending Market pages made them more comfortable for end-users. From now on, it is possible to sort lending and borrowing applications in Lending Market by interest rate or loan amount.

Roadshow Next Stops
CoinLoan team continues to present the project at the major events all over the world. So what’re our next stops?

Blockchain & Bitcoin Conference Stockholm on September 11;
Blockchain & Bitcoin Conference Switzerland on October 9.
Visit our booth and say hello to Alex, Mike and Max! For scheduling a meeting, please contact Mike in Telegram, LinkedIn or via email.

Thanks for reading! Have a suggestion for further updates? Let us know in our Telegram Chat (https://t.me/coinloan) or via email: support@coinloan.io.

Are you stupid?)) They already support different fiat currencies, languages and local payment methods. This also allow to increase international audience.

I guess that if you learn to use the platform, you can earn not a little money

In general, you think correct. In any case, before you start doing something, you need to understand well, what you will do. So here too)

What is this project? I do not understand the meaning of his work and why it is generally was created ...

CoinLoan is an innovative lending platform where crypto assets are used as collaterals. Any user can act as a lender or a borrower.
https://coinloan.io/faq

Thank you, I did not think of something right away on the site. The idea is not bad. I think that the project will be very popular when people will use cryptocurrency.

I don't even know what's must happen so people start using cryptocurrency actively. Well, actually the idea is good, we are waiting for the continuation.

What is it unique about the idea? Have you seen how many other projects are already flourishing in this business. If I'm wrong - explain to me please what is real...

Each project has a number of its features. And I believe that there should be a competition between similar projects. Competition is the way to development!

Earnings on their own money - probably the most promising type of earnings, only this need to learn. I do not believe that everything in the project is so simple.

Are you that stupid? Everything is very clear here. Sit down and read the instructions, then write.

It seems like an interesting project. Ofcourse now in the market decline, perhaps for him is not the best time.

I'm sure when the market will recover - the project will feel much better, as well as users will appear.

And where did you get that the project is now bad?)) You do not have statistics, maybe the opposite, the guys are OK!

I wonder how and who came to this idea. Why was this project implemented ...

To do this, you should read the information on the site, there everything is described in detail. And as there are developer contacts, if interested - you can ask them.

It's strange that people still ask such strange questions. You can use Google.

Many of us are facing problem in the need of fiat currency in this crypto world. So I think your platform can solve our problem. Let's see what other things this platform can provide us.

It seems like a great idea. A I know, there are no other platforms out there which can help people to get loans against the security of their crypto holdings.

There  many projects like this which promise to give loan against holding crypto's!

Not as much as you think. This project is showing some potential, basically solving the real life problem of securing loan within crypto space.

It may turn out to be a good and highly potential crypto project

Seems to be a good project because of significant amount of innovations in various traditional areas such as money transferring, borrowing, lending. But I guess they really have something to work with.

CoinLoan actually promise great things for future and everyone who like to borrow should at least get to read about them more.

I believe that the project was created for people who have great free capital!

But you're just a genius, Mr. Sherlock Holmes, it's obvious))

Platform is unique in its own sense. There are not many platforms out there offering the services like this one. You should have deeper look into this project.

It will be good to see that project will develop globally ;)

I want to wish for guys to pass thru this instability in the market and find new and rich partners!

Why this service will not occur in any test of solvency of the borrower? This may affect the proportion of loan repayment?

Are you kidding?)) They don't need any solvency proofs from the borrower, because every loan is secured by pledged crypto-assets

The project is certainly interesting, I hope the guys can stand on the current falling market ...

If they can, it will be a project hardened by a difficult time and circumstances, which will definitely come to success, because the team will learn how to survive in a difficult moment.

Have you reviewed the reality of survival movies?)) Everything is much simpler, there are strategies, smart managers adhere to them, that's all)

Are you already on the stock exchange? Where can I get your token?

As I know, only on YoBit you can find CLT tokens. Price about 0.1$. Not bad at all))

The guys really have a cool idea, because there are always people who will gladly take the money as collateral)

obviously, work in this business does not bring small money, it's just another matter to attract borrowers ..

Good marketing and time give their own :) Well, if the crypto currency is surprised by its growth, it will bring unprecedented money to developers!

Are there limitations upon minimal and maximal credit amount in CoinLoan?

Look at website, there you will 100% find all information about that;)

Some people like to ask stupid questions, I think they have fun from this)))

As I know - minimum loan amount is $50, which makes possible micro-loans. The maximum loan amount is unlimited.

This is good example of kind investment. People like to spend money, and sometimes money not enough))

What is the time period for a borrower between getting registered and obtaining a cryptocurrency loan?

After registration. The borrower can get only fiat loan, secured by cryptocurrency. This process is fully automated and can be done in few minutes.

I do not like offices and projects, who give money to people in debt at interest. Stupid people can then pay their whole lives!

Does someone force someone to take a loan? Do not think for others, think about yourself, what do you care?

Probably a person took a loan for something, and now he regrets everywhere))

Can a borrower ask creditor to prolong the term to maturity if facing some unexpected circumstances?

As I know, it's not possible. The borrower can interact only with the CoinLoan platform. He can't message or get contact details of the lender.

Not a bad project, of course I'm not an amateur to take or give money to loans, but I think that there are those who are interested.

Yes, there are people who do not know how to make money and always get into debt)))

Not necessarily so, sometimes it is trivial to miss a small amount to buy something big)

See everytime it is impossible to make money, of course, there are many people gaining and there are many people losing. So always secure ourselves to be in safe hands and sometimes market will not be inaccurate for guessing.

I recently saw a lot of advertising with a proposal to take a loan, probably this is now a very profitable business.

Well, as you thought, people are able to earn big money on this) And the more so the crypto currency is a very profitable sphere)

You do not need to have big brains to earn on loans!

And you try the clever man - and I'm more than sure that you will not succeed. Your first creditor will run away and not give money. Another thing is the platform of the project COINLOAN. Here the investor is safe)

An interesting idea, as long as I observe how things will go. But I like the idea, I would not mind trying)

An interesting offer for those who have a lot of crypto currency and urgently need money, but these people do not want to sell their crypto currency)

And what is the benefit for the borrower? If he gets only 70% of the total cost ...

If a person does not want to sell their savings in a cryptocurrency, but he needs money, then this is a very advantageous offer :)

Probably the platform will gain popularity after the cost of crypto currency will be more stable. Now, any action with a crypto currency is a risk.

Maybe so, but on the other hand - people who have long been in the subject, understand when and what needs to be done to stay in profit)))

 Really a very good project that will not be left without attention for anyone who is interested in cryptomir and not indifferent to crypto currency.

Yes, but you will agree, there are a lot of similar projects, and in order to have a large aulitorium, it is necessary to sweat very much.

I will tell you more, at this stage it is not enough just to work until the power drop, you need to occupy a leading position among your competitors.

For me it is important that the team informs in time about the changes, innovations and does not stand still. Progress is visible.

I think this is only the beginning to success, there is no need to make hasty conclusions. Everything is ahead!

The idea is certainly not new, but for me it is very difficult to find an intelligent platform that will connect people from all over the world not with the use of working purpose but also mutual assistance.

For this, it's not necessary to rise higher in all sorts of ratings, but also to go beyond the side-chapel!

You know, I do not agree with you, since the idea is personally interesting to me, I have long been looking for this kind of platform that will connect people around the world and encourage cooperation through the exchange of knowledge and skills for the currency.

I've been wrong many times, because the idea seems to be interesting, but the team did not have enough knowledge or resources to bring the matter to its logical conclusion!

Well, let's see what happens from this, the start seems to be quite good!

The project has a number of strengths - a successful ICO, a working platform, a held team. But unfortunately people still do not know much about the crypto currency, that the platform would become popular.

Perhaps in the future this development will be more interesting for ordinary people, but meanwhile, it can only be used by elected ones))

Well, yes, of course, and still need to have a certain group of blood and eye color, that would use the platform, otherwise they will not allow it!)))

Ahaha, well, yes, of course)) Well, in fact, it's enough some amount of crypto currency for the borrower and fiat money for the one who wants to earn.

Man, if you have already some work in real life - you better earn money and buy some tokens. It will be much better!

Not all people have a good work, that they can put some money into ico/tokens. You now, some guys like to drink and smoke, so in this stuff they invest their capital)))

Yeah, and such people at the end of month really need some cash, because alcohol and cigarettes are real expensive) So they take some loans))

I guess, that it will be really good proposal for all bounty participants XDDD

Guys, without jokes - CoinLoan is really interesting service, which will be more popular, when the price of all cryptocurrency will more stable)

As I know, now must be growth of all crypto. But I don’t sure. Whales have big influence on that, and all depend from them.

Yes, more than that, I can say that the fastest, the expectation of the community will not be justified this fall. Because everyone expects growth.

This is very predictable. They do not just let people make money)) So there is always a spare option - to take a loan))

And what about crypto currency? Which one project accept now and is it planning to increase the amount of such a crypto currency in the future?

You can look yourself on platformI think that yes, because many people have such a crypto currency, which is not on the platform.

I was at this conference guys!
https://twitter.com/Blockchain_Conf/status/1039444800754384896

I want more photos!  ;D

that's great) guys must participate in different events) in this way, they will show project for more people)

In any case, it will result in a result for the project. Visiting forums, meetings, conferences is an integral part of any project. I think that you yourself understand how important this is.

At such events there is a large number of investors. Which definitely can enjoy the project. A attraction of investment - always relevant)))

I'm very surprised, because the project team are the only participants!
http://prntscr.com/ky79xe

Hey all!
Let's freshen the topic up with some big news! ;)



CoinLoan (http://coinloan.io), a P2P lending platform for crypto-to-fiat loans, is now accepting Monero as collateral. The Estonian-based startup rolled out an update allowing to use privacy oriented coin Monero (XMR) to get credit in fiat currencies (USD, EUR, GBP, RUB) or stablecoins (TUSD, GUSD, USDC).

The coin choice stems from the fact that Monero is the number one cryptocurrency for private and censorship-resistant financial operations. It provides a secure place to conduct transactions, using cryptography to shield sending and receiving addresses, as well as transacted amounts.

The World’s First Monero-Backed Loans
There is a large community behind XMR that has now gained an opportunity to acquire fiat with no need to sell favorite cryptoasset. It opens the door to multiple use cases from leverage and hedging to tax optimizations and fast cash keeping HODL.

Those who haven’t acquire Monero yet can trade XMR on CoinLoan Crypto Exchange without having to leave the platform.

Lending Beyond the Limits
As the crypto-to-fiat lending market becomes highly competitive, CoinLoan chooses unique features and flexible loan terms as a competitive advantage. Monero listing is an example of such a strategy.

Max Sapelov, Co-founder and CTO at CoinLoan, explained:
“Our biggest competitors will not be able to accept Monero, even if they wanted to. Simply because BitGo wallet service they use stuck for specific currencies that don’t include Monero along with a significant number of other promising coins. In contrast, CoinLoan can build complex solutions for crypto from scratch thanks to an expert development team. So we will continue to list more coins missed out by BitGo for better coverage of the crypto market”.

For more information, please visit the CoinLoan site (http://coinloan.io).

If anyone asks you about the main bump in the road of crypto-backed lending, which one would you name? The CoinLoan team has a definite answer to this question. The main thing that prevents cryptoassets from being perfect collateral is its crazy volatility.

Just imagine. Today your collateral value is two times higher than your loan and you feel pretty safe. Tomorrow your crypto drops suddenly and overnight is in danger of margin call. The example above might be vastly exaggerated, but nobody can deny that crypto-fluctuations get on borrower’s nerves.

Good news, CoinLoaners. We’ve developed a revolutionary Dynamic Collateral Monitoring System. It allows overcoming the problem of cryptocollateral movements and raising the maximal LTV limit to 70%.

CoinLoan Collateral Monitoring System
If your collateral price falls, LTV (loan-to-value ratio) grows. In case of significant decline, you can repay the loan earlier or add extra collateral. We used to sell a part of your cryptocollateral if the LTV ratio of the loan reaches 80% and you do none of the above.

It’s a usual approach for crypto-backed lending platforms, it helps to bring the situation back into balance. But it’s so far from perfect since borrower loses his savings. Over the past year, we’ve been testing new visions and working on liquidation system improvement. Today we’re excited to present a new solution that allows increasing the liquidation threshold significantly.

How It Works on CoinLoan
In a nutshell, your cryptocollateral is now far less vulnerable to crypto fluctuations. A margin call may only occur if your LTV ratio crosses the line of 90%. The exact point of liquidation is estimated for each loan individually and depends on the interest rate.

Window of Opportunity
The fact that cryptocollateral can now resist market fluctuations allows us to have one of the highest LTVs on the market and to raise LTV limit from 60% to 70%.

While most competitors still have a 50% LTV limit, we improve the collateral monitoring system so that CoinLoaners can borrow more fiat for the same amount of crypto. Thus, providing crypto worth $1,000 as collateral, now you can borrow up to $700 in fiat currencies.

Thanks for reading! Follow our official channels for more updates and news:

Platform (https://app.coinloan.io) | Website (http://coinloan.io) | Telegram (https://t.me/coinloan) | Facebook (https://www.facebook.com/coinloan.project/) | Twitter (https://twitter.com/coin_loan) | Reddit (https://www.reddit.com/r/coinloan/)