CoinLoan — Lending Platform with CryptoAssets as Collateral🔥

[coinloan]

At a certain point, you have to choose between available and desirable...

Typically, you exchange your current assets for the new ones. Their mutual exclusion is quite natural, but it often causes a loss in the future.

Sometimes, it is much more reasonable to hold some current assets in the new ones to obtain them back later.

CoinLoan is a platform for lending secured on crypto-assets (cryptocurrency, tokens) aimed at meeting the demand that cannot be satisfied by the traditional credit system. It provides borrowers with the most favorable conditions, and lenders - with the full repayment of their funds and the absence of risks.


Problem
At a certain moment, every crypto investor faces the need for fiat money. Obviously, taking into account the market situation, your crypto asset is a highly liquid investment, but one-time transaction through crypto exchanges would be not strategically beneficial due to the duration of deposit/withdrawal, fees, and the market volatility.


Solution
A proven business model endowed with all the power and flexibility of modern technologies and cryptography and tested for centuries can be a solution - low-interest loans secured by a cryptocurrency.

Using our platform, you can capture the full benefits of your relations with your creditors, and achieve your goal and completely save the original asset.

You may get up to 70% of the current market value of your crypto assets invested in a fiat currency that is withdrawable in a number of convenient and fast methods, e.g. by international or local bank payment, or transfer to a bank card, etc.


How it works
In our platform, a client may act both as a lender and a borrower.

The lender may deposit his/her fiat money with the aid of international/local bank transfers or bank cards and individually create requests for loans on favorable terms (terms, interest rates). He/she may also choose our system to do the above in a fully automatic mode, thereby avoiding the manual creation and continuous monitoring of his/her requests. If the borrower fails to return the funds, the system will automatically liquidate (sell) the pledged crypto asset and return the funds to the lender (including the interest rate), thereby ensuring the absence of risks and a full repayment.

The borrower shall deposit his/her cryptocurrency funds, then create a loan application, the amount of which cannot exceed 70% of the current market value — this restriction is created to preserve the borrower's crypto assets and reduce the risks caused by the high volatility of the cryptocurrency market. Next, he/she shall withdraw the received fiat money in a convenient and fast way, and later repays it, and gets his/her crypto asset back in full.


Market Analysis
According to experts, the total P2P-lending market may reach a trillion dollars by 2025. Nowadays, it is more than 100 billion annually and will grow exponentially.

At the same time, it is clear from the forecasts of many crypto enthusiasts that by 2020 the crypto asset market will exceed the above estimate of a trillion dollars.

These markets shall bump into, as the cryptocurrency becomes a real investment asset for its holders and can be monetized at any time.

Cryptocurrency, blockchain technologies, and P2P lending, while improving the economy, move the market in a modern direction, leaving behind traditional financial institutions that fail to notice the waves of the blockchain revolution.


Community
Telegram | Twitter | Facebook | Medium | Reddit

Website: CoinLoan.io

Watch the Video

[1715193936]

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[davide72]

You will use any escrow dev?

[pinoycash]

2018 Q4
The official launch of the platform.

The Waiting time is too long for a lending platform.,  and why you need so much funding if its a p2p lending, since member;s will lend to each other right?

[ETCethereum]

when open pre-sale and ico selling and how long duration
and when open bounty, is good alocation to signature campaign is highest
is good if use bounty campaign manager and escrow , can incraese trust youre project

[tippytoes]

2018 Q4
The official launch of the platform.

The Waiting time is too long for a lending platform.,  and why you need so much funding if its a p2p lending, since member;s will lend to each other right?

You have a point on this. This kind of project has some loopholes. Or maybe another Russian scam project in the making. Let's see...

[Bitum]

It all looks like scam. Team is completely unknown, even google knows no, WP is missing, I do not at all understand what they need the money (probably for party) and also blockchain? Scam Limit Production)

[simrac]

It all looks like scam. Team is completely unknown, even google knows no, WP is missing, I do not at all understand what they need the money (probably for party) and also blockchain? Scam Limit Production)

do developer have any plan for coinLoan ? iwhat about window wallet ? we have many question this coin ? team ?..

[enhu]

There is a current project like Ethlend which is also be doing ICO soon. And so this Coinloan is a copied product from some team. It very common these days, blocklancer and bitjob are just doing the same thing. Whoever is the scam between the two, is hard to identify. Maybe they both are legit.

[coinloan]

Thank you all for good questions and interest in our project.

2018 Q4
The official launch of the platform.

The Waiting time is too long for a lending platform.,  and why you need so much funding if its a p2p lending, since member;s will lend to each other right?

Firstly, we have stated the maximum deadline in our roadmap not to blow it in the future.
Secondly, our project is much different from simpler cryptocurrency platforms for P2P lending. Our platform provides loans in fiat currency secured on the crypto-asset, so we need to acquire licenses, integration with banks and the card processing and more thorough legal studies.
Thirdly, we have been working on the development for several months already, and we can estimate the real deadline sensibly. Surely we will try to launch it as soon as possible.

when open pre-sale and ico selling and how long duration
and when open bounty, is good alocation to signature campaign is highest
is good if use bounty campaign manager and escrow , can incraese trust youre project

The date of the Pre-Sale and ICO will be announced after publishing the Bounty campaign and White Paper. Currently, we are finalizing WP. Perhaps you have some suggestions concerning which information we should clarify and add to WP?

2018 Q4
The official launch of the platform.

The Waiting time is too long for a lending platform.,  and why you need so much funding if its a p2p lending, since member;s will lend to each other right?

You have a point on this. This kind of project has some loopholes. Or maybe another Russian scam project in the making. Let's see...

We understand your doubts caused by the current ICO market situation which involves complete scam, but we hope that soon you will satisfy yourself of our good faith and project viability.

It all looks like scam. Team is completely unknown, even google knows no, WP is missing, I do not at all understand what they need the money (probably for party) and also blockchain? Scam Limit Production)

We are currently working on WP and will publish it within a few days.
We have answered the question "Why we need money?" above, we would recommend you to examine the description of the project more thoroughly, grasp it and its difference from other projects.
Please clarify your question about the blockchain.

It all looks like scam. Team is completely unknown, even google knows no, WP is missing, I do not at all understand what they need the money (probably for party) and also blockchain? Scam Limit Production)

do developer have any plan for coinLoan ? iwhat about window wallet ? we have many question this coin ? team ?..

Please clarify your questions. What "window wallet" do you mean? What haven`t you understood about our plan?

There is a current project like Ethlend which is also be doing ICO soon. And so this Coinloan is a copied product from some team. It very common these days, blocklancer and bitjob are just doing the same thing. Whoever is the scam between the two, is hard to identify. Maybe they both are legit.

Our project is completely different from other projects and is an industry-unique one. Maybe you haven`t grasped the project? The only common thing that CoinLoan and EthLend have is the word "P2P" in the description, but no further. We provide fiat as a loan.

[starblocks]

How much are you seeking to raise in the ICO and how much will each token be worth ie. how many per ETH will you get?

There's a lot of competition coming into this area now so will be interesting to see how this goes

Will await the release of the white paper for it

[boopy265420]

I will also add by saying this project is inspired by Trustcoin as well. Why I should invest and wait for next year when the one I mentioned at start are already working on some platform which will come out before the end of this year. They are in more advanced level of development whereas you are just announcing crowdfunding.

[coinloan]

How much are you seeking to raise in the ICO and how much will each token be worth ie. how many per ETH will you get?

There's a lot of competition coming into this area now so will be interesting to see how this goes

Will await the release of the white paper for it

Pre-Sale will take 7 days without a pre-determined price for the CLT token. After completion, all the tokens allocated for the Pre-Sale will be proportionally distributed among all investors; thus the value will be determined by the current market demand.
At the ICO, the token price will be determined after the Pre-Sale and will make 150-200% of the market price.
Detailed information on ICO (min/max cap, etc) will be published later.

I will also add by saying this project is inspired by Trustcoin as well. Why I should invest and wait for next year when the one I mentioned at start are already working on some platform which will come out before the end of this year. They are in more advanced level of development whereas you are just announcing crowdfunding.

Could you please clarify what is the similarity between our project and TrustCoin besides the word "P2P" in the description?
We differ significantly from the conventional concept of P2P platforms. Our only association with the P2P concept is that each user gets an opportunity to act both as a lender and a borrower who co-operate throughout our platform which acts as an underwriter.

Here are some key features which distinguish us from other projects:
1. We will provide loans in fiat currency, and the borrower will be able to withdraw them to a card or a bank account at the touch of a button pledging cryptocurrency or tokens as collateral.
2. We are the only entity in the market which guarantees the lender full repayment of funds with the rate of interest. Thus, the lender does not bear any risks and does not need to perform assessment of solvency and reliability of the borrower.
3. Our company will be fully licensed for official activity.

[agus_purno]

When the thread for the bounty champaign was published, I can not wait to see how this project continues

[viljy]

If in your credit system are involved in fiat money, then clearly there is a central guarantor holding collaterals, and distributing profits to holders of tokens and creditors in fiat money. Then what does p2p have to do with it? And your tokens are then needed only as shares of participation in profits?
Is there a Russian thread? Or is the project oriented only to an English-speaking audience?

[CaVO32]

with the Dev being a "newbie" it would be obvious to be EXTREMELY cautious! there are many other solutions out there and one for every flavor of person, but this one i think would end up making many people cry!

[malcolml4]

Look at the data carefully, think this is a complete system plan, really very good, consider very considerate, I believe that the project will succeed in doing, asset appreciation is achieved in a safe environment.

[coinloan]

If in your credit system are involved in fiat money, then clearly there is a central guarantor holding collaterals, and distributing profits to holders of tokens and creditors in fiat money. Then what does p2p have to do with it? And your tokens are then needed only as shares of participation in profits?

By P2P we meant that the lending conditions are set both by the lender and the borrower. We act as a guarantor and impose a minimal fee on these transactions. Maybe you can clarify how it could be called properly instead of P2P?
Also, we would extend the methods of withdrawing borrowed funds adjusting to the local payment methods particularly in the countries of our presence, so customary and convenient methods of receiving the refund will be available for those who live in far parts of the world.  Besides dividends, the token holders will have other privileges such as interest-free short-term loan facilities secured by tokens.

Is there a Russian thread? Or is the project oriented only to an English-speaking audience?

Russian Thread

[coinloan]

with the Dev being a "newbie" it would be obvious to be EXTREMELY cautious! there are many other solutions out there and one for every flavor of person, but this one i think would end up making many people cry!

Let's sensibly consider this situation. There are a lot of Bounty flooders on this forum. They have a lot of posts and Hero+ statuses. Do you trust such people?
We do not want to lumber the forum database, cramming posts with pointless spam. Also, we did not want to buy someone else's old accounts with a VIP-status. We decided to play fair.

Look at the data carefully, think this is a complete system plan, really very good, consider very considerate, I believe that the project will succeed in doing, asset appreciation is achieved in a safe environment.

Thank you for your confidence.

[coinloan]

For easy understanding let us give an example of potential usage of our platform:

Let`s consider the case when you have 1 BTC, for example, and you have noticed a perspective (to your opinion) ICO which can receive fiat funds.

Let`s take ICO Polybius as an example:
When Polybius was performing its ICO, Bitcoin was traded over approximately 2000 USD.

You pledge BTC at the current exchange rate and receive funds in the amount of 1200 USD. Then you buy PLBT tokens, and thus you have a one more cryptoasset in your portfolio. You have bought 120 PLBT tokens for 10 USD. Alternatively, you could have done another way: buy PLBT tokens for this very 1 BTC. As a result, after ICO the token price would fall twice, and the BTC exchange rate would increase twice. In view of this situation in the first case, if you have used our services and borrowed a loan to invest into another ICO, currently you would own 1 BTC (which costs 4000 USD at the moment) and 120 PLBT (5 USD each).
As a result, you own 4000 USD (with the debt which comprises 1200 USD + 1.5% of overpayment = 1218 USD), and you have PLBT tokens in your portfolio with current total value 600 USD. After repaying the debt, you will own 4000 USD - 1218 + 600 = 3382 USD of net funds and locked-in profit which comprises 1382 USD, although the PLBT exchange rate has dropped.

In your case when you buy 200 PLBT for your 1 BTC, you become an owner of an asset 1000 USD worth and locked-in loss which comprises 1000 USD.

It`s only one of the potential patterns of using our service.

[Glundung]

A crypto currency loan? it look like there is more and more like this.

[coinloan]

A crypto currency loan? it look like there is more and more like this.

Here are some key features which distinguish us from other projects:
1. We will provide loans in fiat currency, and the borrower will be able to withdraw them to a card or a bank account at the touch of a button pledging cryptocurrency or tokens as collateral.
2. We are the only entity in the market which guarantees the lender full repayment of funds with the rate of interest. Thus, the lender does not bear any risks and does not need to perform assessment of solvency and reliability of the borrower.
3. We were the first in the industry to develop the system of transparent audit of project profit. As all token holders will receive dividends in the amount of 30% of the profit gained from completed loans. The technical details of implementation of the accountancy and audit will be described in White Paper.
4. Our company will be fully licensed for official activity.

[Fredomago]

A crypto currency loan? it look like there is more and more like this.

well with this unique idea some copycat will follow and it will be a competition just like what happen to most ico right now, regarding to this project
the waiting time is longer than expected so it will be a question in mind if what will happen after the ico stage finished and its a risk but if succeed
the plan was to make a service which is new to crypto. so good luck

[Glundung]

This is cool, borrowing money in a form of a coin. nice.

[coinloan]

A crypto currency loan? it look like there is more and more like this.

well with this unique idea some copycat will follow and it will be a competition just like what happen to most ico right now, regarding to this project
the waiting time is longer than expected so it will be a question in mind if what will happen after the ico stage finished and its a risk but if succeed
the plan was to make a service which is new to crypto. so good luck

Thank you for your remarks. We have revised the legal nuances and decided that we can launch with "Credit Intermediary License" which can be obtained within two months. Currently, we are revising the technical aspects to make an adequate calculation of time for developing the minimal functionality for starting. According to the results of preliminary estimations, all the job requires not more than six months.
In this roadmap, we have stated the maximum term including obtaining of additional licenses. Today we plan to update the roadmap.

[coinloan]

For eliminating risks for our investors and the whole project due to future state regulation we decided to replace "token-share" model by "token-service" model. Thus, tokens will be used in the platform for paying fees related to applications for provision and reception of loans. The fee amount will be calculated in CLT and will depend on the amount and term of the loan.

As our project has little in common with conventional P2P lending platforms, we decided to transfer the positioning of the project to "a platform for loans secured on crypto assets."

Also, we have extended the opportunities of the borrower to provide maximum preservation of the crypto asset. In case of the increase of the market value of the secured asset (collateral) the borrower has a multiple choice of actions: 1 - to withdraw the excessive amount of the collateral, 2 - to increase the loan amount. If the collateral market value falls, the borrower has a multiple choice of actions: 1 - to increase the amount of collateral with the help of an additional crypto asset, 2 - make an advance payment on the loan, 3 - to do nothing and system will begin to liquidate the collateral (crypto asset) automatically in increments.


Let`s take the following case as an example (the interest rate is given for convenient calculation, the actual value will be much lower):
Let`s assume that you have 10 BTC of current market value which comprises 4000 USD. You wish to receive a loan for one year at 10% per annum which consists of 12 scheduled monthly payments (also an opportunity of receiving a loan with one-time repayment).
You may get a loan up to 70% of the market value of your crypto asset, i.e., 28000 USD. In this example, the collateral balance comprises 10 BTC with the exchange rate which comprises 4000 USD. As a result, the loan shall have a percentage ratio between the loan and the cost comprising 70%. In other words, the loan shall be hedged by 42.8%.
The loan repayment will be made in equal-sized payments within 12 months and the monthly payment will comprise 2461.64 USD (among which 2228.31 USD will be spent for repaying the principal debt and 233.33 - for accumulated interest). After making the first payment, the principal remainder shall be reduced to 25771.69 USD, and the percentage ratio between the loan amount and collateral cost will be reduced to 64.4%.

Further, in this example we`ll consider the reduction of BTC market value to 2800 USD which results in the ratio (92%)  between the amount of the loan remainder (25771.69 USD) and 10 BTC used as a collateral.
We will inform the borrower about the necessity of replenishing the collateral amount by 3.94 BTC or make an advance payment in the amount of 6171.69 USD.
Any variant will result in the 70% ratio between the loan amount and collateral cost.

If the borrower is not able to replenish the personal account and reduce the percentage ratio between the loan amount and the collateral cost, the platform will initiate partial liquidation of the collateral for repaying the part of the loan and reaching the 70% ratio. Particularly, in our example selling of 7.34 BTC for 20552 USD required for reducing the loan amount will be initiated. After the selling, the loan remainder will comprise 5219,69 USD and will be backed by 2.66 BTC at a price 2800 USD (total cost - 7448 USD) and will be equal to the 70% ratio between the loan amount and collateral cost. This procedure will be repeated if the market value of the collateral (BTC) falls to 2100 USD.

We will accept various ways of notification of the borrower about the reduction of the percentage ratio between the loan amount and collateral cost, including notification via E-mail, SMS and via PUSH-notifications from the mobile app.

[starblocks]

A crypto currency loan? it look like there is more and more like this.

I believe its more a platform that facilitates peer-to-peer lending of fiat not crypto-currency where people can borrow or lend money to each other

[coinloan]

Added FAQ on the website: https://coinloan.io/faq/

[coinloan]

We are glad to inform that today we have published the first White Paper version on our website (www.coinloan.io). Now you may check out all details of the project.

[akanni6sage]

For any new visitors checking out CoinLoan, check out this Medium article . It makes review of both CoinLoan and SALT from an investor's perspective.  

[cryptocrack]

I invested because I like the way funds are being raised compared to SALT.  Don't let me down CLT!  Time to market is the most important so 16 hour work days are the only way.  You can do it!

[kicauklaten]

Interesting concept, with this kind of project it should be able to help peoples or groups if they wish to build any new business, and it will help them grow.

[coinloan]

I invested because I like the way funds are being raised compared to SALT.  Don't let me down CLT!  Time to market is the most important so 16 hour work days are the only way.  You can do it!

Thank you for your confidence! We will do our best.

[moonblocks]

When does the main ICO start and will there be any bounties for promoting it?

[puremage111]

Lending platform is good but one thing there

How would you compete with existing platform like EThlend when they already have their product launch?

Don't get me wrong, it is good to have competition within categories in an industry, but if one can invest in an ICO with existing product, why do they want to invest in another ICO with just an idea?

[coinloan]

When does the main ICO start and will there be any bounties for promoting it?

ICO will be launched in 14 days after Pre-ICO.
You can use the referral program for receiving a bonus in the amount of 5% from token sales made via the referral link.

[coinloan]

Lending platform is good but one thing there

How would you compete with existing platform like EThlend when they already have their product launch?

Don't get me wrong, it is good to have competition within categories in an industry, but if one can invest in an ICO with existing product, why do they want to invest in another ICO with just an idea?

CoinLoan will allow borrowing and providing loans in fiat currency (USD, EUR, etc), with fast and convenient deposit/withdrawal methods.

[shivek]

I've read your whitepaper and it looks promising.
Looking forward to invest some of my money to your project.

Thanks

[heelzkinu]

I've heard about CoinLoan from my friends.

Could you please provide us the link for Spanish translation ?

[coinloan]

I've heard about CoinLoan from my friends.

Could you please provide us the link for Spanish translation ?

Unfortunately, we do not have a Spanish translation yet.

[heelzkinu]

I've read your whitepaper and it looks promising.
Looking forward to invest some of my money to your project.

Thanks

Yeah, indeed.

I'm also waiting for the ICO crowdsales.

[coinloan]

I've read your whitepaper and it looks promising.
Looking forward to invest some of my money to your project.

Thanks

Yeah, indeed.

I'm also waiting for the ICO crowdsales.

Pre-ICO is Live Now! So, you are welcome to join

[siddhant4]

Today 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.

Thanks for sharing this ANN thread with us.

[shivek]

I've read your whitepaper and it looks promising.
Looking forward to invest some of my money to your project.

Thanks

Yeah, indeed.

I'm also waiting for the ICO crowdsales.

Pre-ICO is Live Now! So, you are welcome to join

Thank you for informing us.
looking forward to invest in PRE-ICO

Is there any referral program for CoinLoan ?

[heelzkinu]

hey

Do you have any plans to launch coinLoan App in coming days ?
Many of big platform are launching their own app for their investors.

[cryptozi]

Well it seems like a great idea. As far as I know, there are no other platforms out there which can help people to get loans against the security of their crypto holdings.
Let's see what other things this platform can provide us.

[coinloan]

I've read your whitepaper and it looks promising.
Looking forward to invest some of my money to your project.

Thanks

Yeah, indeed.

I'm also waiting for the ICO crowdsales.

Pre-ICO is Live Now! So, you are welcome to join

Thank you for informing us.
looking forward to invest in PRE-ICO

Is there any referral program for CoinLoan ?

Yes! You can earn 5% referral bonus for all token sale contributions made through your referral link. You need to register first here.

[siddhant2523]

Got to know about your platform last week.

what is the bonus running for PRE-sale right now?
thanks in advance

[siddhant2523]

Hey what about bounties?
are you running bounty campaign ?

[coinloan]

Got to know about your platform last week.

what is the bonus running for PRE-sale right now?
thanks in advance

Current (and the last) bonus tier is 5%, it will end on October, 19.

[cryptozi]

Can someone tell me whether it supports all the fiat transfers from international exchanges or one there are some specific exchanges which it'll support for fiat transfers?

[shivek]

borrower as well as lender need legit and risk free platform which can help them to secure their money.

So it looks promising so investing in it.

[Sidsamant]

After reading your whitepaper I thought its very much promising.
I thoughts now there is no any platform which will provide loan against the crypto holdings.
Looking forward to invest into your project soon.

[coinloan]

Hey what about bounties?
are you running bounty campaign ?

We have only a referral program.

[Golafire]

You will use any escrow dev?

Coinloan the pre ico is live now.Get extra 5percent discount.join now.

[Sidsamant]

After going through your roadmap, I want to ask you one thing...  why do you take to much time to devlop multiple platform application?
(As per you're roadmap it will be develop in 2k18, Qt 3) 

[cryptozi]

A crypto currency loan? it look like there is more and more like this.

There are not many projects like this which promise to give loan against holding crypto's?
This project is showing some potential, basically solving the real life problem of securing loan within crypto space.

[cryptozi]

Well, if anybody noticed, this coin actually have a total supply of 50 Million tokens and on the top of that the project is showing great potential for future. It may turn out to be a good and highly potential crypto project in coming days.

[Sidsamant]

Whitepaper information is good but I can't find proper information about your team.can you Please tell me about your team?

[Sidsamant]

It seems to be a very good project because of significant amount of innovations in various traditional areas such as money transferring, borrowing, lending, cap.manhunt, insurance, currency.

[cryptozi]

Look at the data carefully, think this is a complete system plan, really very good, consider very considerate, I believe that the project will succeed in doing, asset appreciation is achieved in a safe environment.

Yes, i guess they really have something to work with in the first place. I have seen many cryptocurrencies in this crypto space with no solid foundation and some don't even have white paper but when they hit the exchange, they immediately cross 100--200% valuation.
This project actually promise great things for future and everyone should at least get to read about them more.

[Golafire]

https://d22bh5hhp3xpt1.cloudfront.net/coinloan-logo.png

>>> Pre-ICO is Live! Join Now with 5% Bonus! <<<

At a certain point you have to choose between available and desirable...

Typically, you exchange your current assets for the new ones. Their mutual exclusion is quite natural, but it often causes a loss in the future.

Sometimes, it is much more reasonable to hold some current assets in the new ones to obtain them back later.

CoinLoan is a platform for lending secured on crypto-assets (cryptocurrency, tokens) aimed at meeting the demand that cannot be satisfied by the traditional credit system. It provides borrowers with the most favorable conditions, and lenders - with the full repayment of their funds and the absence of risks.


Problem
At a certain moment, every crypto investor faces the need in fiat money. Obviously, taking into account the market situation, your crypto asset is a highly liquid investment, but one-time transaction through crypto exchanges would be not strategically beneficial due to the duration of deposit/withdrawal, fees and the market volatility.


Solution
A proven business model endowed with all the power and flexibility of modern technologies and cryptography and tested for centuries can be a solution - low-interest loans secured by a cryptocurrency.

Using our platform, you can capture the full benefits of your relations with your creditors, and achieve your goal and completely save the original asset.

You may get up to 70% of the current market value of your crypto assets invested in a fiat currency that is withdrawable in a number of convenient and fast methods, e.g. by international or local bank payment, or transfer to a bank card, etc.

Moreover, the platform will allow instant issue of virtual or debit (plastic) cards with Apple Pay/Samsung Pay support where you can immediately withdraw your fiat money.


How it works
In our platform, a client may act both as a lender and a borrower.

The lender may deposit his/her fiat money with the aid of international/local bank transfers or bank cards and individually create requests for loans on favorable terms (terms, interest rates). He/she may also choose our system to do the above in a fully automatic mode, thereby avoiding the manual creation and continuous monitoring of his/her requests. If the borrower fails to return the funds, the system will automatically liquidate (sell) the pledged crypto asset and return the funds to the lender (including the interest rate), thereby ensuring the absence of risks and a full repayment.

The borrower shall deposit his/her crypto currency funds, then create a loan application, the amount of which cannot exceed 70% of the current market value — this restriction is created to preserve the borrower's crypto assets and reduce the risks caused by the high volatility of the cryptocurrency market. Next, he/she shall withdraw the received fiat money in a convenient and fast way, and later repays it, and gets his/her crypto asset back in full.


Advantages
For Lenders:

• Automatic Funds Management - Formulate the terms and conditions of the loans, and the system will automatically estimate the market environment to create orders. After repayment of loans, the system will continue creating orders.
• Flexible Setting of Loans Terms and Conditions - Possibility to individually specify optimal terms and conditions for giving loans.
• No Risks - Full Repayment of funds for the loans that were given including the interest without delays.
• Worldwide Coverage - International audience of borrowers removes borders in granting loans.
• No Limits - The minimum loan amount is 50 USD, and the maximum amount and number of active loans is limited only by your budget.
• Variety of Currencies - The loan can be given in any available currency.
• No Obstacles - Any individual or legal entity can become a lender without any licenses.
• Reliability and Safety - Fully legal status and protected infrastructure will ensure the security of funds. Besides, the company will be licensed in Europe as a payment institute.

For Borrowers:

• Preserving Cryptoassets - Now there is no need to sell cryptoassets if you need fiat money.
• Convenient Ways of Depositing/Withdrawing Funds - Loans can be quickly withdrawn by a bank transfer or to any bank card.
• Virtual and Plastic Cards - The platform allows the instant issue of a virtual card with the support of Apple Pay/Samsung Pay, as well as a plastic (debit) card to be delivered to any country of the world.
• 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 optimum terms and conditions.
• Full Automation - All lending operations are performed automatically and immediately if offsetting orders are available.
• Refinancing of Obligations - Possibility to refinance obligations allows to easily prolong the loan term.
• 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.
• Variety of Fiat Currencies - Loans can be obtained in any available currency.
• Supporting Popular Cryptoassets - It is possible to use such popular cryptoassets as Bitcoin, Ethereum, etc. as the loan collateral.

For ICO Investors:

• You may invest in a unique and promising project;
• Possibility to profitably sell tokens at crypto exchanges;
• Better credit conditions for token holders.

Market Analysis
According to experts, the total P2P-lending market may reach a trillion dollars by 2025. Nowadays, it is more than 100 billion annually, and will grow exponentially.

At the same time, it is clear from the forecasts of many crypto enthusiasts that by 2020 the crypto asset market will exceed the above estimate of a trillion dollars.

These markets shall bump into, as the crypto currency becomes a real investment asset for its holders and can be monetized at any time.

Cryptocurrency, blockchain technologies and P2P lending, while improving the economy, move the market into a modern direction, leaving behind traditional financial institutions that fail to notice the waves of the blockchain revolution.


ICO & Pre-ICO Structure
Total to be issued: 50,000,000 (fifty million) tokens
ERC20 Token symbol: CLT

Tokens Distribution:

• 10% (5 million) — Pre-ICO
• 50% (25 million) — ICO
• 30% (15 million) — SCO
• 10% (5 million) — Reserve of the team and advisers. Part will be allocated as bonuses in the bounty campaign.

Road Map
2016 Q4
Generating the idea. Evaluating the market and development potential.

2017 Q1
Launching the development.

2017 Q3
Preparing for the ICO. Performing the Pre-sale.

2017 Q4
Making the ICO. Expanding the team. Developing the company’s legal structure. Submitting the documents to obtain necessary licenses.

2018 Q2
Obtaining the payment licenses. Completion of developing the platform core. The official launch of the platform.

2018 Q3
Developing mobile applications for iOS & Android.

2019
Licensing and entering the Asian market.


Community
Telegram | Slack | Twitter | Facebook | Medium

Website: CoinLoan.io

Read the White Paper

Watch the Video

Coinloans a best way to earn huge profits.Pre ico is live now
Join now hurry up
Most advantageous and reliable

[coinloan]

After going through your roadmap, I want to ask you one thing...  why do you take to much time to devlop multiple platform application?
(As per you're roadmap it will be develop in 2k18, Qt 3) 

We plan to launch the platform officially in Q2 2018. But we'll do our best to make this much earlier. We need some time for legal procedures (licensing, etc.).

[coinloan]

Whitepaper information is good but I can't find proper information about your team.can you Please tell me about your team?

Please, check our website https://coinloan.io/ - we have dedicated Team section there.

[cryptozi]

When does the main ICO start and will there be any bounties for promoting it?

ICO will be launched in 14 days after Pre-ICO.
You can use the referral program for receiving a bonus in the amount of 5% from token sales made via the referral link.

By looking at the coin supply which is just 50 Million, I would really look forward to an investment in this project. Apart from coin supply, the features this coin provide is really helpful for a crypto trader.

[Sidsamant]

After going through your whitepaper , I come to know that this model endowed with power and flexibility of cryptography and modern technology. It also gives low interest loans secured by a cryptocurrency.
I think this is too good , I believe that the project will succeed in future

[Sidsamant]

Is their any buying limit for 5% bonus tokens please tell me  

[cryptozi]

A crypto currency loan? it look like there is more and more like this.

Well, this platform is unique in it's own sense. There are not many platforms out there offering the services like this one. You should have deeper look into this project.

[Sidsamant]

Is there any bounties for promoting ICO? if yes then when you published it ?
I am interested.... 

[Sidsamant]

It will be good to see that your project will develop globally and other technologies like Blockhain are also involve in that.

[heelzkinu]

After going through your whitepaper , I come to know that this model endowed with power and flexibility of cryptography and modern technology. It also gives low interest loans secured by a cryptocurrency.
I think this is too good , I believe that the project will succeed in future

Good time to buy coin loan tokens in pre-sale with great bonus.
you can buy it now

[Sidsamant]

This is very innovative platform, can you imagin borrowing money in the form of coin !!
This is a complete package. Really very good  and considerable. It will be a safe environment for everyone....

[Sidsamant]

Is there any reffral program for Coin Loan?
How did you meet the demand where traditional credit system cannot reach?

[ICOadvert]

Dear Team, submit your project at ICOadvert listing!

ICOadvert is the trusted ICO promotion & discovery platform of businesses launching an ICO

Make sure you will hit your Hard Cap  Advertise with us! Contact Us

[hunterofmoney]

Hello! How many days field, the end of the pre-sale will be launched the main ICO? How long will the main stage ICO?

[coinloan]

Hello! How many days field, the end of the pre-sale will be launched the main ICO? How long will the main stage ICO?

Hi! The main ICO will be launched in 14 days after the Pre-ICO end. It will lasts for 30 days, same like Pre-ICO.

[bit679]

What is the soft cap at your project? What happens in the case that will not be collected a minimum of means? They will be returned to investors?

[16009]

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

[foreverman]

Good afternoon. What cryptocurrencies will take CoinLoan as collateral for the loan? In the future do you plan to expand available to work in the service of cryptocurrency?

[coinloan]

What is the soft cap at your project? What happens in the case that will not be collected a minimum of means? They will be returned to investors?

Our total soft cap is $3M. If we will not reach this cap, all contributions will be returned back.

[coinloan]

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

We don't need any solvency proofs from the borrower, because every loan is secured by pledged crypto-assets (cryptocurrency).

https://medium.com/@coinloan/coinloan-no-risks-for-the-lender-955c6da0dcc8

[coinloan]

Good afternoon. What cryptocurrencies will take CoinLoan as collateral for the loan? In the future do you plan to expand available to work in the service of cryptocurrency?

After the launch of the platform, we are going to support several major cryptocurrencies as collateral: Bitcoin, Ethereum, Litecoin, Dash, Ripple, Monero, ZCash. Yes, we plan to expand this list in the future.

[romgenie]

The customers in CoinLoan will borrow upon the security of their cryptoassets. So, in case the mortgaged cryptocurrency value increases, won't the debt amount change or not?

[coinloan]

The customers in CoinLoan will borrow upon the security of their cryptoassets. So, in case the mortgaged cryptocurrency value increases, won't the debt amount change or not?

Anyway, the borrower needs to repay the same amount as he/she borrowed + lenders interest rate.

[Gamelander]

Will CoinLoan have any territorial limitations on business? In which countries do you plan bring the service into operation in the first place?

[termonator61]

Good afternoon. Who can become a creditor in CoinLoan? If I am a legal body, will I be able to provide loans in your service? Will execution of the supplementary contracts be necessary for that after registration?

[coinloan]

Good afternoon. Who can become a creditor in CoinLoan? If I am a legal body, will I be able to provide loans in your service? Will execution of the supplementary contracts be necessary for that after registration?

Any individual or legal entity can act as a lender on the CoinLoan platform. No licenses required for this.

[coinloan]

Will CoinLoan have any territorial limitations on business? In which countries do you plan bring the service into operation in the first place?

We are going to cover all the world.

[MadduckUK]

Upon what benefits inside the service will it be possible to spend tokens of your project?

[coinloan]

Upon what benefits inside the service will it be possible to spend tokens of your project?

CoinLoan Token (CLT) - an ERC-20 compatible token, built on Ethereum blockchain. The main task of the CLT token is to pay fees for providing or borrowing a loan. 1 CLT allows paying the platform fee for borrowing a loan up to $10000. In addition, it will be possible to reduce the interest rate on obtaining a loan by offsetting the part of the rate with a CLT token.

[mv1986]

Upon what benefits inside the service will it be possible to spend tokens of your project?

CoinLoan Token (CLT) - an ERC-20 compatible token, built on Ethereum blockchain. The main task of the CLT token is to pay fees for providing or borrowing a loan. 1 CLT allows paying the platform fee for borrowing a loan up to $10000. In addition, it will be possible to reduce the interest rate on obtaining a loan by offsetting the part of the rate with a CLT token.

If the value of the loan drops below the collateral rate (you say 70% I think), what happens then? The borrower has an incentive to not pay back. How are you going to take that into account?

[Immer]

Hello. Will the borrower have to deposit the cryptocurrency the value of which is equal to amount of the loan in order to obtain that very loan in the form of fiat funds?

[woodcoin]

If the borrower has troubles, can he contact directly creditor inside service CoinLoan and agree upon debt restructuring?

[coinloan]

Upon what benefits inside the service will it be possible to spend tokens of your project?

CoinLoan Token (CLT) - an ERC-20 compatible token, built on Ethereum blockchain. The main task of the CLT token is to pay fees for providing or borrowing a loan. 1 CLT allows paying the platform fee for borrowing a loan up to $10000. In addition, it will be possible to reduce the interest rate on obtaining a loan by offsetting the part of the rate with a CLT token.

If the value of the loan drops below the collateral rate (you say 70% I think), what happens then? The borrower has an incentive to not pay back. How are you going to take that into account?

You can read more about this in our White Paper starting from page # 12: https://coinloan.io/whitepaper

[trunghieu250688]

Hi
Is this coin the same SALT?

[coinloan]

Hello. Will the borrower have to deposit the cryptocurrency the value of which is equal to amount of the loan in order to obtain that very loan in the form of fiat funds?

Hi! The borrower can borrow a loan in the amount from 10% till 70% of the current market value (LTV).

[coinloan]

If the borrower has troubles, can he contact directly creditor inside service CoinLoan and agree upon debt restructuring?

It's not possible. The borrower has different ways what to do in such situations. You can read more in our White Paper.

Hi
Is this coin the same SALT?

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.

[polonium84]

If the value of the pledged asset falls back because of the quotation fluctuations on the market, will it have any effect upon the transaction between borrower and creditor?

[coinloan]

If the value of the pledged asset falls back because of the quotation fluctuations on the market, will it have any effect upon the transaction between borrower and creditor?

This is a good question. We have described this in our white paper too. Please, check section "4.3 Mechanism of Handling Risks".

[nextwalker]

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

[DawQ]

Sounds like a solid idea but the launch is too far away. Are we supposed to be sitting with our tokens for one whole year?
Also, 5% discount pre-ICO is very very low.

[coinloan]

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

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

[coinloan]

Sounds like a solid idea but the launch is too far away. Are we supposed to be sitting with our tokens for one whole year?
Also, 5% discount pre-ICO is very very low.

We plan to launch the platform officially in Q2 2018. But we'll do our best to make this much earlier.

Current Pre-Sale token price is $1 for 1 CLT. The price will start from $2 at the main ICO and will be increased by 50% every week or after the lot of 5 million tokens is sold.

[coin63]

Who can become Lender in your service? Any registered user?

[coinloan]

Who can become Lender in your service? Any registered user?

Yes, exactly! Any registered user with fiat funds, which will be used for providing loans.

[ferrum83]

What are the development prospects of the project and how do you see it after a few years?

[dayasinfo]

When do you plan to come into the main stock exchange?

[coinloan]

What are the development prospects of the project and how do you see it after a few years?

We think, that in the near future most part of the cryptocurrency holders will use CoinLoan platform.

[dayasinfo]

What are the development prospects of the project and how do you see it after a few years?

We think, that in the near future most part of the cryptocurrency holders will use CoinLoan platform.

You have a big plans. Good luck in developing your platform!

[coinloan]

When do you plan to come into the main stock exchange?

Currently, we are performing the pre-sale and can't name the precise date and exchange names. This information will be available after ICO. We'll try to list our token on several largest crypto-exchanges as soon as possible.

[defender77]

Are there any analogical projects or is it the only project of its kind in the world?

[NEUROSEED]

>>> Pre-ICO is Live! Join Now! <<<

At a certain point you have to choose between available and desirable...

Typically, you exchange your current assets for the new ones. Their mutual exclusion is quite natural, but it often causes a loss in the future.

Sometimes, it is much more reasonable to hold some current assets in the new ones to obtain them back later.

CoinLoan is a platform for lending secured on crypto-assets (cryptocurrency, tokens) aimed at meeting the demand that cannot be satisfied by the traditional credit system. It provides borrowers with the most favorable conditions, and lenders - with the full repayment of their funds and the absence of risks.


Problem
At a certain moment, every crypto investor faces the need in fiat money. Obviously, taking into account the market situation, your crypto asset is a highly liquid investment, but one-time transaction through crypto exchanges would be not strategically beneficial due to the duration of deposit/withdrawal, fees and the market volatility.


Solution
A proven business model endowed with all the power and flexibility of modern technologies and cryptography and tested for centuries can be a solution - low-interest loans secured by a cryptocurrency.

Using our platform, you can capture the full benefits of your relations with your creditors, and achieve your goal and completely save the original asset.

You may get up to 70% of the current market value of your crypto assets invested in a fiat currency that is withdrawable in a number of convenient and fast methods, e.g. by international or local bank payment, or transfer to a bank card, etc.

Moreover, the platform will allow instant issue of virtual or debit (plastic) cards with Apple Pay/Samsung Pay support where you can immediately withdraw your fiat money.


How it works
In our platform, a client may act both as a lender and a borrower.

The lender may deposit his/her fiat money with the aid of international/local bank transfers or bank cards and individually create requests for loans on favorable terms (terms, interest rates). He/she may also choose our system to do the above in a fully automatic mode, thereby avoiding the manual creation and continuous monitoring of his/her requests. If the borrower fails to return the funds, the system will automatically liquidate (sell) the pledged crypto asset and return the funds to the lender (including the interest rate), thereby ensuring the absence of risks and a full repayment.

The borrower shall deposit his/her crypto currency funds, then create a loan application, the amount of which cannot exceed 70% of the current market value — this restriction is created to preserve the borrower's crypto assets and reduce the risks caused by the high volatility of the cryptocurrency market. Next, he/she shall withdraw the received fiat money in a convenient and fast way, and later repays it, and gets his/her crypto asset back in full.


Market Analysis
According to experts, the total P2P-lending market may reach a trillion dollars by 2025. Nowadays, it is more than 100 billion annually, and will grow exponentially.

At the same time, it is clear from the forecasts of many crypto enthusiasts that by 2020 the crypto asset market will exceed the above estimate of a trillion dollars.

These markets shall bump into, as the crypto currency becomes a real investment asset for its holders and can be monetized at any time.

Cryptocurrency, blockchain technologies and P2P lending, while improving the economy, move the market into a modern direction, leaving behind traditional financial institutions that fail to notice the waves of the blockchain revolution.


Community
Telegram | Slack | Twitter | Facebook | Medium

Website: CoinLoan.io

Read the White Paper

Watch the Video

Do you have a bounty program?

[AurihanGB]

What is the initial  price of tokens and how is it planned to be changing in the process? Is it possible to buy them  with a view to their substantial price icrease in the future? Where can one view the real growth dynamics of prices?

[coinloan]

Are there any analogical projects or is it the only project of its kind in the world?

Our project is unique. There may be one potential competitor, but we have a lot of differences and advantages.

[coinloan]

Do you have a bounty program?

We have only a referral program. You can find your referral link in your account (https://tokensale.coinloan.io). You will receive 5% from all token purchased by all people who have registered following the link.

[californybit]

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

[coinloan]

What is the initial  price of tokens and how is it planned to be changing in the process? Is it possible to buy them  with a view to their substantial price icrease in the future? Where can one view the real growth dynamics of prices?

Current Pre-ICO price is $1 for 1 CLT. The price will start from $2 at the main ICO and will be increased by 50% every week or after the lot of 5 million tokens is sold.

[coinloan]

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

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

[spottcoin]

What are the stages of the development of this project? How will everything develop in staged manner, and what will it depend on? It is interesting to consider the project in prospect and see its course of development including the long-term perspective?

[coinloan]

What are the stages of the development of this project? How will everything develop in staged manner, and what will it depend on? It is interesting to consider the project in prospect and see its course of development including the long-term perspective?

You are welcome to check out our Road Map.

[Edw1maitland]

Looked at our project. Looks very imposing!

[ggcript]

What countries do you target your business first and foremost?

[coinloan]

What countries do you target your business first and foremost?

We are going to target Europe first and expand to the whole world.

[Eric.Lichmann]

In what cryptocurrency I can buy CoinLoan tokens?

[coinloan]

In what cryptocurrency I can buy CoinLoan tokens?

You can purchase tokens using Bitcoin or Ethereum. If you have other cryptocurrencies, then you can use integrated ShapeShift.io exchange service. The conversion rate will be fixed at the moment of sending the transaction. When the transaction is confirmed by the network, the tokens will be credited to your account balance at the previously fixed rate.

[askon]

Hello. What cryptocurrencies can be left as security when taking a loan from CoinLoan?

[16009]

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

[woodcoin]

In what regions does the CoinLoan deliver plastic cards to clients? Is there an option of customer pick-up?

[Immer]

Hello. Are only cryptocurrencies seen as a pledge? Aren’t there variants with tokens of other companies, for instance?

[coinloan]

Hello. What cryptocurrencies can be left as security when taking a loan from CoinLoan?

Hi! After the platform launch, we are going to support Bitcoin, Litecoin, Ethereum, Ripple, Dash, Monero, ZCash as collateral. This list will be expanded in the near future.

[coinloan]

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

No. It's not possible. The borrower can interact only with the CoinLoan platform. He can't message or get contact details of the lender.

[coinloan]

In what regions does the CoinLoan deliver plastic cards to clients? Is there an option of customer pick-up?

We are going to deliver plastic debit cards to all countries of the world.

[rocketbit48]

What maximal interest rate can a creditor make on his loan? Are there any limitations?

[coinloan]

Hello. Are only cryptocurrencies seen as a pledge? Aren’t there variants with tokens of other companies, for instance?

Yes, we are going to support several ERC-20 tokens with high liquidity as collateral in the near future.

[saleenasmith]

Coinloan is really a secure Investment.

[coinloan]

What maximal interest rate can a creditor make on his loan? Are there any limitations?

The platform will not provide a pre-set interest rate. It will be fully market-dependent. The lender will set the interest rate in his/her loan application and the borrower will state the desired interest rate for getting a loan. The system will automatically bring the matching applications together. There is no any limits for now.

[Gamelander]

Does the project CoinLoan plan to develop in other spheres of financial services or fix upon borrowing and crediting?

[romgenie]

On which exchanges will trade a token? When will this happen?

[alcoholbtc]

Good afternoon. Will the borrower be able to get in touch with creditor inside platform in order to discuss the possibility of lowering of interest rate?

[waitsummer]

Will there be working in CoinLoan the rating under which the users will be able to know about the status of creditor or borrower?

[fgreg2692june]

Will the borrower have an opportunity of prepaying? Will he be obliged to pay the interest rate calculated for the whole period?

[mv1986]

Hello. Will the borrower have to deposit the cryptocurrency the value of which is equal to amount of the loan in order to obtain that very loan in the form of fiat funds?

Hi! The borrower can borrow a loan in the amount from 10% till 70% of the current market value (LTV).

It seems unrealistic though that someone would consider borrowing at 10% of the actual market value. But who knows, maybe there is a market even for that spectrum.

[coinloan]

On which exchanges will trade a token? When will this happen?

Currently we are performing the pre-sale and can't name the precise date and exchange names. This information will be available after ICO. We'll try to list our token on several largest crypto-exchanges as soon as possible.

[coinloan]

Will there be working in CoinLoan the rating under which the users will be able to know about the status of creditor or borrower?

There is no need to do this. All loans are secured on cryptoassets of the borrowers, so no ratings or credit history checks are needed.

[coinloan]

Will the borrower have an opportunity of prepaying? Will he be obliged to pay the interest rate calculated for the whole period?

Yes, long-term loan repayment is available at any time.

[coinloan]

Hello. Will the borrower have to deposit the cryptocurrency the value of which is equal to amount of the loan in order to obtain that very loan in the form of fiat funds?

Hi! The borrower can borrow a loan in the amount from 10% till 70% of the current market value (LTV).

It seems unrealistic though that someone would consider borrowing at 10% of the actual market value. But who knows, maybe there is a market even for that spectrum.

The borrower can choose the LTV himself/herself. S/he can select 70%, s/he does not have to select 10% LTV.

[Eric.Lichmann]

Does the borrower pay once a month or at the end of loan period? Is it possible to choose one of the variants?

[coinloan]

Does the borrower pay once a month or at the end of loan period? Is it possible to choose one of the variants?

It depends on the loan term. If this is a long-term loan, then monthly payments required. If this is a short-term loan (up to 2 months), then one-time payment possible.

[Gooffy]

Do you have statistics on collected funds?

[coinloan]

Do you have statistics on collected funds?

Now we are carrying out a private Pre-Sale so that everyone will be able to purchase tokens at minimal price and prepare for ICO. The public statistics on the raised funds will be available later.

[bor82t]

Hi!
How users will pay a token commission platform?

[specialAU]

What is the minimum purchase amount of tokens?

[coinloan]

Hi!
How users will pay a token commission platform?

Hi! From the borrowers' side, 1 CLT allows paying the platform fee for borrowing a loan up to $10,000 for one month.

The lenders on CoinLoan will have to pay a fee in the amount of 10% from the credited funds (i.e., interest). For example, a lender provided a loan in the amount of $10000 and earned interest in the amount of $1000. The 10% fee will be charged from these very $1000 and will comprise $100 (a rather reasonable fee for full funds security). But the lender can pay 10 CLT instead of $100 calculated as 1 CLT = $10. So for the lenders, it will be more profitable to pay the fee in tokens. For Pre-ICO participants who have purchased tokens for $1 the fee will be ten times lower.

[testadimerlo]

Hi! Is this project copying the best known Ethlend project? What's the diffence between them? Thank you

[coinloan]

What is the minimum purchase amount of tokens?

Minimal tokens purchase amount is 100 CLT (~0.025 BTC or 0.3 ETH).

[coinloan]

Hi! Is this project copying the best known Ethlend project? What's the diffence between them? Thank you

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 crypto-exchanges.
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.

[16009]

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

No. It's not possible. The borrower can interact only with the CoinLoan platform. He can't message or get contact details of the lender.

It will always be? Or do you plan the establishment of communication between the borrower and the lender?

[coinloan]

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

No. It's not possible. The borrower can interact only with the CoinLoan platform. He can't message or get contact details of the lender.

It will always be? Or do you plan the establishment of communication between the borrower and the lender?

We are sure that our platform will work perfectly without this feature.

[bor82t]

Hi!
How users will pay a token commission platform?

Hi! From the borrowers' side, 1 CLT allows paying the platform fee for borrowing a loan up to $10,000 for one month.

The lenders on CoinLoan will have to pay a fee in the amount of 10% from the credited funds (i.e., interest). For example, a lender provided a loan in the amount of $10000 and earned interest in the amount of $1000. The 10% fee will be charged from these very $1000 and will comprise $100 (a rather reasonable fee for full funds security). But the lender can pay 10 CLT instead of $100 calculated as 1 CLT = $10. So for the lenders, it will be more profitable to pay the fee in tokens. For Pre-ICO participants who have purchased tokens for $1 the fee will be ten times lower.

The borrower pays interest on the loan with your coin or currency of the loan ?

[dayasinfo]

What country is legally registered your company?

[jager44]

When investors will receive their tokens?

[coinloan]

Hi!
How users will pay a token commission platform?

Hi! From the borrowers' side, 1 CLT allows paying the platform fee for borrowing a loan up to $10,000 for one month.

The lenders on CoinLoan will have to pay a fee in the amount of 10% from the credited funds (i.e., interest). For example, a lender provided a loan in the amount of $10000 and earned interest in the amount of $1000. The 10% fee will be charged from these very $1000 and will comprise $100 (a rather reasonable fee for full funds security). But the lender can pay 10 CLT instead of $100 calculated as 1 CLT = $10. So for the lenders, it will be more profitable to pay the fee in tokens. For Pre-ICO participants who have purchased tokens for $1 the fee will be ten times lower.

The borrower pays interest on the loan with your coin or currency of the loan ?

The borrower pays the interest rate in the same currency as for repaying the loan (fiat or crypto).

[coinloan]

What country is legally registered your company?

Our company is CryptoFinance OÜ
Registry Code: 14337507
Address: Narva mnt 7-634, Tallinn city, Harju county, 10117, Estonia

[coinloan]

When investors will receive their tokens?

Distribution of Tokens will take place after ICO end. You will be able to withdraw the purchased CoinLoan Tokens on an ERC-20 compatible Ethereum wallet set in the account settings.

[dayasinfo]

What country is legally registered your company?

Our company is CryptoFinance OÜ
Registry Code: 14337507
Address: Narva mnt 7-634, Tallinn city, Harju county, 10117, Estonia

Why Estonia? This country is loyal to the cryptocurrency?

[coinloan]

What country is legally registered your company?

Our company is CryptoFinance OÜ
Registry Code: 14337507
Address: Narva mnt 7-634, Tallinn city, Harju county, 10117, Estonia

Why Estonia? This country is loyal to the cryptocurrency?

Yes, Estonia is crypto-friendly country.

[thelastofas]

What is the price of token on the main ICO?

[coinloan]

What is the price of token on the main ICO?

The price will start from $2 at ICO and will be increased by 50% every week or after a lot of 5 million tokens are sold.

[foreverman]

In what fiat currency would be to take a loan after the start of the CoinLoan platform?

[coinloan]

In what fiat currency would be to take a loan after the start of the CoinLoan platform?

We are going to support USD, EUR, GBP, CNY, JPY, RUB, CHF, PLN, CZK after the platform start.

[defender77]

Hi! Do you have a bounty program? Where i can read about it?

[coinloan]

Hi! Do you have a bounty program? Where i can read about it?

We have only a referral program. You can find your referral link in your account (https://tokensale.coinloan.io). You will receive 5% from all token purchased by all people who have registered following the link.

[defender77]

Thanks for answer.Very talented guys. I'm going to invest in your project. I hope you will achieve your goals with the blockchain.

[coinloan]

When investors will receive their tokens?

Distribution of Tokens will take place after ICO end. You will be able to withdraw the purchased CoinLoan Tokens on an ERC-20 compatible Ethereum wallet.

[spacegt]

How many partners in your referral program now?

[spacegt]

Hello! How many tokens you released to do for ICO? What will happen with the remaining tokens if they are not implemented 100%?

[coinloan]

Hello! How many tokens you released to do for ICO? What will happen with the remaining tokens if they are not implemented 100%?

50 million CLT tokens will be issued over the entire period and distributed among the participants of Pre-ICO, main ICO, SCO and the team with advisors. The tokens will be distributed as follows:
 - 10% (5 million) — Pre-ICO (Pre-Sale)
 - 50% (25 million) — ICO (Initial Coin Offering)
 - 30% (15 million) — SCO (Secondary Coin Offering)
 - 10% (5 million) — Reserve of the team and advisors.

All unsold tokens will be transferred to SCO.

[spacegt]

Seen in one of the project, the ability to create deposits. Will you have such a function?

[mv1986]

Hello. Will the borrower have to deposit the cryptocurrency the value of which is equal to amount of the loan in order to obtain that very loan in the form of fiat funds?

Hi! The borrower can borrow a loan in the amount from 10% till 70% of the current market value (LTV).

It seems unrealistic though that someone would consider borrowing at 10% of the actual market value. But who knows, maybe there is a market even for that spectrum.

The borrower can choose the LTV himself/herself. S/he can select 70%, s/he does not have to select 10% LTV.

Yes I understand that part. But the collateral rate is probably a function of the liquidity and volatility of the underlying asset and of the requested time-window. I am just asking now: do you see any scenario where one party has sufficient incentive to cheat and how are you going to come up with a solution for that? This is just a question what kind of scenarios your team identified where some trouble could arise.

[annazaitun87]

Hello! How many tokens you released to do for ICO? What will happen with the remaining tokens if they are not implemented 100%?

50 million CLT tokens will be issued over the entire period and distributed among the participants of Pre-ICO, main ICO, SCO and the team with advisors. The tokens will be distributed as follows:
 - 10% (5 million) — Pre-ICO (Pre-Sale)
 - 50% (25 million) — ICO (Initial Coin Offering)
 - 30% (15 million) — SCO (Secondary Coin Offering)
 - 10% (5 million) — Reserve of the team and advisors.

All unsold tokens will be transferred to SCO.

did you have bounty section for this project or not?
I can not found it, I think the bounty can grow this platform to get the success because I seen many project got it

[coin63]

Hello. Terms of service CoinLoan allow the lender and the borrower be in different countries?

[benres]

Escrow is very much needed for a lending platform especially with a collateral holding cryptocoins!

[termonator61]

How do you plan to increase the coverage of the international audience? How much money will be required to complete all necessary operations?

[coinloan]

Hello. Will the borrower have to deposit the cryptocurrency the value of which is equal to amount of the loan in order to obtain that very loan in the form of fiat funds?

Hi! The borrower can borrow a loan in the amount from 10% till 70% of the current market value (LTV).

It seems unrealistic though that someone would consider borrowing at 10% of the actual market value. But who knows, maybe there is a market even for that spectrum.

The borrower can choose the LTV himself/herself. S/he can select 70%, s/he does not have to select 10% LTV.

Yes I understand that part. But the collateral rate is probably a function of the liquidity and volatility of the underlying asset and of the requested time-window. I am just asking now: do you see any scenario where one party has sufficient incentive to cheat and how are you going to come up with a solution for that? This is just a question what kind of scenarios your team identified where some trouble could arise.

What do you mean by "cheat"? How can this be possible?

[coinloan]

Hello! How many tokens you released to do for ICO? What will happen with the remaining tokens if they are not implemented 100%?

50 million CLT tokens will be issued over the entire period and distributed among the participants of Pre-ICO, main ICO, SCO and the team with advisors. The tokens will be distributed as follows:
 - 10% (5 million) — Pre-ICO (Pre-Sale)
 - 50% (25 million) — ICO (Initial Coin Offering)
 - 30% (15 million) — SCO (Secondary Coin Offering)
 - 10% (5 million) — Reserve of the team and advisors.

All unsold tokens will be transferred to SCO.

did you have bounty section for this project or not?
I can not found it, I think the bounty can grow this platform to get the success because I seen many project got it

We have only a referral program with real-time transparent stats. You can add your referral link to the forums signature, post on Facebook/Twitter, etc. It's similar to Bounty campaign, except that you will be paid only for results.

[coinloan]

Hello. Terms of service CoinLoan allow the lender and the borrower be in different countries?

Hi! Yes, sure, it's possible.

[coinloan]

How do you plan to increase the coverage of the international audience? How much money will be required to complete all necessary operations?

We are going to support different fiat currencies, languages and local payment methods. This will allow us to increase international audience.

[Enzo05]

Is this one is legit ? Some of comments are most likely down to scam ..

[coinloan]

Is this one is legit ? Some of comments are most likely down to scam ..

What do you mean?

[nicolasbit]

What is the minimum amount of funds that you need to collect for the ICO in order to finalize the project? What happens if the minimum is not collected?

[nextwalker]

Is paying a commission the only thing that I can do using the CL-token? Can I leave a security deposit when borrowing in CL-tokens?

[coinloan]

What is the minimum amount of funds that you need to collect for the ICO in order to finalize the project? What happens if the minimum is not collected?

Our total soft cap is $3M. If we do not reach it, all funds will be returned.

[coinloan]

We have published the complete FAQ with all hot questions answered. Please, let us know if we need to clarify other topics/questions.

https://medium.com/@coinloan/coinloan-complete-faq-1715c6411a6a

[arakx]

Good afternoon! Can the services that have been working in the field of online lending for a long time take advantage of the capabilities of your platform and offer their customers to work on the CoinLoan scheme?

[MadduckUK]

What happens to the loan if the value of the crypto-currencies which serve as collateral drops sharply and ceases to cover the amount of debt?

[gavrosh]

In which payment systems can I withdraw the funds Via which payment systems one can withdraw the fiat money that was  received on credit?

[Immer]

Is it obligatory to pay off a loan with fiat money or can I use crypto-currency for this?

[kentuckykid]

What is the average annual interest on the loan in CoinLoan? Will its growth depend on political and economic circumstances?

[INDI81free4]

If a CoinLoan user has not paid off a loan, will he be blocked or will he be able to borrow again in the future?

[alcoholbtc]

Hello! Who do you consider issuing a loan for fiat funds on security of crypto-currency to be more profitable than selling crypto-currency?

[peter1]

There are a lot of the same items, such as micromoney, what are your highlights?

[energycrypt]

Does the borrower have to repay a loan using the same currency or can any other currency be used?

[ferrum83]

 Does the creditor receive the crypto-currency from the pledge If the borrower hasn’t paid off? Will he be able to exchange it for fiat funds inside CoinLoan and withdraw it from the system to his e-wallet?

[coinloan]

Does the borrower have to repay a loan using the same currency or can any other currency be used?

The borrower should repay in the same currency, but it can use another with the instant exchange.

[AurihanGB]

Is it difficult to verify an account in CoinLoan? What documents daes the user have provide in order to obtain a work permit?

[blackbitum]

Good afternoon. Will CoinLoan be available in Russia after its launch? If no, when do you plan to launch it in this country?

[coinloan]

If a CoinLoan user has not paid off a loan, will he be blocked or will he be able to borrow again in the future?

The user will not be blocked, h/shes collateral will be sold by the system to repay the debt. It will be able to borrow again in the future, no problem at all.

[coinloan]

Good afternoon. Will CoinLoan be available in Russia after its launch? If no, when do you plan to launch it in this country?

Yes, sure! CoinLoan will be available in most countries of the world, including Russia.

[coinloan]

Does the creditor receive the crypto-currency from the pledge If the borrower hasn’t paid off? Will he be able to exchange it for fiat funds inside CoinLoan and withdraw it from the system to his e-wallet?

You can read more here:
https://medium.com/@coinloan/coinloan-no-risks-for-the-lender-955c6da0dcc8

[hollybit]

Will legal entities be able to borrow on your platform? Will they need to provide additional documents for this after registration?

[coinloan]

Will legal entities be able to borrow on your platform? Will they need to provide additional documents for this after registration?

Absolutely. Any legal entity or individual can use our platform without any licenses.

[coinloan]

Hello! Who do you consider issuing a loan for fiat funds on security of crypto-currency to be more profitable than selling crypto-currency?

Depending on the market situation, crypto-asset kind, loan term and LTV - it should be more profitable in the long-term perspective.

[coinloan]

Is it difficult to verify an account in CoinLoan? What documents daes the user have provide in order to obtain a work permit?

The standard KYC procedure will be required depending on the transaction amount.

[coinloan]

What is the average annual interest on the loan in CoinLoan? Will its growth depend on political and economic circumstances?

The platform will not provide a pre-set interest rate. It will be fully market-dependent. The lender will set the interest rate in his/her loan application and the borrower will state the desired interest rate for getting a loan. The system will automatically bring the matching applications together.

[coinloan]

What happens to the loan if the value of the crypto-currencies which serve as collateral drops sharply and ceases to cover the amount of debt?

You can read more about this in our White Paper https://tokensale.coinloan.io/ starting from page # 12.

[hunterofmoney]

Can the lender and the borrower contact Inside the CoinLoan service? Will only text chat be available? Do you plan to introduce voice communication between users?

[bit679]

How will CoinLoan algorithms calculate the recommended interest rates?

[g8stTDas]

Will the lender be able to replenish his balance with fiat funds using WebMoney?

[coinloan]

Will the lender be able to replenish his balance with fiat funds using WebMoney?

Currently, we are not planning to support WebMoney as a deposit method.

[coinloan]

How will CoinLoan algorithms calculate the recommended interest rates?

Our system will analyze all active orders/applications from lenders and borrowers.

[polonium84]

Does the lender have a right to set the interest rate above or below the recommended by CoinLoan system?

[coinloan]

Does the lender have a right to set the interest rate above or below the recommended by CoinLoan system?

Yes, sure. It's only a recommendation.

[californybit]

Hello. How long does CoinLoan service take out a loan and issue fiat funds?

[spottcoin]

What kind of licenses do you need to get and how much money will it take to get a work permit in Asia?

[btcney]

Seems like a very interesting concept, however i have my questions.

How will the tokens distributed to the ICO participants be useful to users in the actual system? I mean it can be used for collateral sure, but how does it actually have value? What is it backed by? Does it hold a claim on all profits made by the system?

Otherwise, looks promising!

[coinloan]

Seems like a very interesting concept, however i have my questions.

How will the tokens distributed to the ICO participants be useful to users in the actual system? I mean it can be used for collateral sure, but how does it actually have value? What is it backed by? Does it hold a claim on all profits made by the system?

Otherwise, looks promising!

Demand for CLT is generated in 2 ways on the platform: from the lender’s side and from the borrower’s side.

First, let’s look at the lenders. They will be charged 10% of their income (i.e. accrued interests). Here’s an example: let’s assume that the lender has provided a $10,000 loan at 15% and gained $1,500 as interest.
These $1,500 will be charged a 10% platform fee, i.e. $150 (a low fee for the full safety of funds).
Lenders will be able to choose how to pay this fee. They can pay $150 in fiat or 15 CLT, where 1 CLT = $10. As explained earlier,  1 CLT >= $10, therefore, it will more profitable for lenders to pay the platform fee in tokens.
Note: The fee will be 10 times lower for Pre-ICO participants who have bought tokens at $1.

Let’s now look at borrower’s side. Borrowers will have to pay a fee in CLT. Unlike lenders, they cannot choose to pay in fiat. This fee will depend on the loan amount and determine by the following formula: 1 CLT for $10,000 (i.e. 10 CLT for $100K loan and 0.1 CLT for $1,000 loan, etc.).

[romfish]

Do you plan to work with large financial institutions? How will your credit instruments be integrated into their operations?

[coinloan]

What kind of licenses do you need to get and how much money will it take to get a work permit in Asia?

We want to obtain EMI license in Europe.

[dort]

What marketing strategy will you use to attract users to work with CoinLoan?

[coinloan]

Do you plan to work with large financial institutions? How will your credit instruments be integrated into their operations?

Yes, sure! We also plan to provide an API for the financial institutions, so they will be able to integrate our platform into their system.

[Mops]

Why will the cost of CLT tokens vary in price from 2 to 8 dollars during the ICO?

[coinloan]

What marketing strategy will you use to attract users to work with CoinLoan?

We are hiring now for good marketing experts for our team.

[coinloan]

Why will the cost of CLT tokens vary in price from 2 to 8 dollars during the ICO?

Because we have such model of the price increase at ICO:
$2 — 5M CLT
$3 — 5M CLT
$4.5 — 5M CLT
$6.75 — 5M CLT
$8 — 5M CLT

[rdizza]

Hi, will I have to use only your tokens for calculation inside the service? Can’t I use any other crypto currency or fiat funds?

[mv1986]

Hello. Will the borrower have to deposit the cryptocurrency the value of which is equal to amount of the loan in order to obtain that very loan in the form of fiat funds?

Hi! The borrower can borrow a loan in the amount from 10% till 70% of the current market value (LTV).

It seems unrealistic though that someone would consider borrowing at 10% of the actual market value. But who knows, maybe there is a market even for that spectrum.

The borrower can choose the LTV himself/herself. S/he can select 70%, s/he does not have to select 10% LTV.

Yes I understand that part. But the collateral rate is probably a function of the liquidity and volatility of the underlying asset and of the requested time-window. I am just asking now: do you see any scenario where one party has sufficient incentive to cheat and how are you going to come up with a solution for that? This is just a question what kind of scenarios your team identified where some trouble could arise.

What do you mean by "cheat"? How can this be possible?

For example if you borrow money at 50% the market rate. Let's assume you borrow $2500 and provide 1 BTC collateral. What happens if BTC drops below $2500 and the borrower would have an incentive to not repay the loan but instead get more BTC for the money she borrowed? Is that a possible scenario?

[coinloan]

Hello. Will the borrower have to deposit the cryptocurrency the value of which is equal to amount of the loan in order to obtain that very loan in the form of fiat funds?

Hi! The borrower can borrow a loan in the amount from 10% till 70% of the current market value (LTV).

It seems unrealistic though that someone would consider borrowing at 10% of the actual market value. But who knows, maybe there is a market even for that spectrum.

The borrower can choose the LTV himself/herself. S/he can select 70%, s/he does not have to select 10% LTV.

Yes I understand that part. But the collateral rate is probably a function of the liquidity and volatility of the underlying asset and of the requested time-window. I am just asking now: do you see any scenario where one party has sufficient incentive to cheat and how are you going to come up with a solution for that? This is just a question what kind of scenarios your team identified where some trouble could arise.

What do you mean by "cheat"? How can this be possible?

For example if you borrow money at 50% the market rate. Let's assume you borrow $2500 and provide 1 BTC collateral. What happens if BTC drops below $2500 and the borrower would have an incentive to not repay the loan but instead get more BTC for the money she borrowed? Is that a possible scenario?

Excerpt from the White Paper:

What to do if the Bitcoin price drops to 3,200 USD and the value of the pledged asset amounts to 80,000 USD

1. Repay the entire loan amount of 70,000 USD + % and get 25 BTC back.
2. Replenish the collateral with the cryptoasset in the amount of 6.125 BTC to restore the ratio of the loan amount and the value of the collateral (LTV) to 70%.
3. Repay part of the loan in the amount of 14,000 USD to reduce the loan principal and restore the ratio of the loan amount and the value of the collateral (LTV) to 70%.
4. Repay the loan in full through selling part of the collateral. In this case, the system will sell about 22 BTC, and the balance of 3 BTC will be available for withdrawal.
5. Do nothing. If the collateral value drops to 75% (the BTC rate drops to 3,000 USD), then part of the collateral required for restoring the 70% ratio will be automatically liquidated, and the loan amount and interest will be returned to the lender.* In our example, the sale of 19.45 BTC for 58,350 USD will be initiated. After the sale, the loan balance will amount to 11,650 USD, it will be secured by 5.2 BTC at a price of 3,000 USD (the total value is 16,650 USD) and equal to 70% of the loan-to-value ratio. This process will be repeated if the market value of the collateral (BTC) drops to 2,250 USD.
* Depending on the market situation, the sale process will be initiated from 71 to 75%

[coinloan]

Hi, will I have to use only your tokens for calculation inside the service? Can’t I use any other crypto currency or fiat funds?

If you mean paying platform fees, then yes. You can use the only token from the borrower's side for paying fees.

[defender77]

Will I be able to borrow money from CoinLoan in the future leaving CLT as collateral if I buy tokens during the ICO?

[spacegt]

If I just want to exchange crypto-currencies for fiat funds and issue a loan for this and then do not return it, will my rating in the system be lowered? If so, how will this affect my further opportunities in the system?

[alcoholbtc]

Hello. Will I be able to refuse to work with a borrower proposed by the system if he does not suit me for some reason and start looking for a new one?

[coinloan]

Will I be able to borrow money from CoinLoan in the future leaving CLT as collateral if I buy tokens during the ICO?

Yes, sure, it's possible. You will be able to borrow a loan secured by CLT without any fees from the platform.

[ferrum83]

Good afternoon! If I want to take a loan from CoinLoan do I need to specify the information about the purpose of  borrowing fiat funds?

[coinloan]

Good afternoon! If I want to take a loan from CoinLoan do I need to specify the information about the purpose of  borrowing fiat funds?

Hi! No, you don't need to specify any info about borrowing purposes.

[kobzar]

What major problems were identified by your team in interaction between fiat and virtual currencies when studying them? How do you plan to solve these problems with help of CoinLoan?

[coinloan]

Hello. Will I be able to refuse to work with a borrower proposed by the system if he does not suit me for some reason and start looking for a new one?

No, it's not possible. As a lender, you even can't distinguish whom you are providing a loan.

[rocketbit48]

Aren’t you afraid to face the problem of lack of balance of supply and demand in the service? What will happen if the demand for loans is high and the supply is small?

[coinloan]

Aren’t you afraid to face the problem of lack of balance of supply and demand in the service? What will happen if the demand for loans is high and the supply is small?

Institutional investors can cover any demand. They will be very interested in such service because we guarantee full repayment of funds with accrued interest.

[entropy0]

as in, trade fiat for crypto and hold crypto as collateral?

[coinloan]

as in, trade fiat for crypto and hold crypto as collateral?

Please, clarify your question. You can provide loans as a lender in fiat only. Crypto you can use as collateral for borrowing.

[coinloan]

If I just want to exchange crypto-currencies for fiat funds and issue a loan for this and then do not return it, will my rating in the system be lowered? If so, how will this affect my further opportunities in the system?

There will be no rating system on our platform. You can don't repay a loan, it's not a problem, but your crypto-collateral will be sold.

[energycrypt]

Why did you decide to choose ICO-investment rather than the usual venture option for raising funds for development of the project?

[hollybit]

How do you plan to struggle against competition when services similar to yours begin to appear? Have you got a marketing strategy to attract new customers in this case?

[superwallet]

Hi, do you need to pay interest on the loan with fiat means or can you use crypto-currency for this?

[coin63]

Will the possibility of ordering plastic cards supporting Apple Pay and Samsung Pay appear immediately after the launch of the CoinLoan project or after some time?

[coinloan]

Why did you decide to choose ICO-investment rather than the usual venture option for raising funds for development of the project?

We preferred the ICO crowdfunding to a traditional venture system in our project implementation. Firstly, it will allow anyone who feels like it to become a contributor and profit from the tokens appreciation in the future or pay the fees to the platform in them. Secondly, it will accelerate the funding process and the launch of CoinLoan, and thirdly, the ICO is a transparent, modern method of fundraising.

[coinloan]

Will the possibility of ordering plastic cards supporting Apple Pay and Samsung Pay appear immediately after the launch of the CoinLoan project or after some time?

We will do our best to make debit cards with Apple/Samsung Pay available as soon as possible.

[coinloan]

Hi, do you need to pay interest on the loan with fiat means or can you use crypto-currency for this?

As you wish. You can use fiat or crypto, which will be converted by current market rate into fiat.

[hunterofmoney]

How many days will it take to deliver a plastic card to the customer?

[coinloan]

How many days will it take to deliver a plastic card to the customer?

It will depend on the destination country and shipping method chosen.

[coinloan]

What major problems were identified by your team in interaction between fiat and virtual currencies when studying them? How do you plan to solve these problems with help of CoinLoan?

Selling virtual currency used to be the only affordable solution when there was a need for fiat money. This led to a loss of possible revenue from the further appreciation of cryptocurrency and additional costs: financial, associated with fees on exchanges, and temporal – from the moment of cryptoasset sale to the actual receipt of fiat money.

CoinLoan offers a different approach: our users will be able to receive real money in any available currency secured by cryptoassets. The system will select the most suitable option for the borrower from the set of counteroffers for lending.

[annazaitun87]

I think the coin in the mine will bring its own benefits because I think it's possible to do it

[coinloan]

Great news! We added three languages ​​to our website: French, Chinese and Arabic!

[coinloan]

Pre-ICO Ends in Few Hours! Join Now: https://tokensale.coinloan.io/

[coinloan]

Only a few minutes left until Pre-ICO end! Don't Miss Out!

[coinloan]

Pre-ICO is over. We are very grateful to all participants! Please stay in touch! We will tell you about the results very soon!

[coinloan]

CoinLoan Pre-ICO is Closed! We’ve raised $550k!

https://medium.com/@coinloan/coinloan-pre-ico-is-closed-e01e7fceb1d0

[coinloan]

What is More Reliable for Earnings: Crypto-Exchanges or Ordinary Banks? The Answer is CoinLoan!

[bezikazi]

Can you elaborate differences with LENDOIT and CoinLoan. Lendoit will accpet ERC 20 tokens will Coinloan do the same?

[coinloan]

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.

[coinloan]

Check out our new blog post!
https://medium.com/@coinloan/the-reasons-to-trust-coinloan-ico-e52a74a5ffda

[coinloan]

We have updated our token structure! Please, check it out:

https://medium.com/@coinloan/token-structure-update-2ddb4dbf8eef

[coinloan]

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

[coinloan]

Welcome to Our Global Tour!


https://medium.com/@coinloan/welcome-to-our-global-tour-75ba5e8b12cb

[coinloan]

We’re thrilled to announce that our ICO will officially start on November, 26th, 14:00 UTC!

[zckeles]

ico price is $2

[coinloan]

We have opened White List registration! White List Registration Form.

[Sam67]

What cryptocurrencies can be left as security when taking a loan from CoinLoan?

[coinloan]

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.).

[manoj1605]

Are you running any bounty program. If yes please let me know the bounty link. Thank you!

[Tsar Bomba]

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?

[coinloan]

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?

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.

[coinloan]

CoinLoan ICO is Live! Join Now! https://tokensale.coinloan.io/

CoinLoan Is Granted Financial Transactions License
Recently we took a significant step toward being ready for launch. On November 21, 2017, CoinLoan was successfully granted a license by the Register of Economic Activities (License No.FIA000071). This will allow CoinLoan to make payments in cryptocurrency, fiat and payment systems. According to this license, our company has passed rigorous checks for legality, financial stability and security. Effectively, we can now legally receive payments in crypto and fiat currencies and make transfers between individuals and legal entities. We also plan to comply with the financial regulations of every country where CoinLoan operates.

https://medium.com/@coinloan/coinloan-ico-starts-now-here-we-go-4373e53beea1

[coinloan]

A short movie about CoinLoan! 🎬🎬🎬

https://www.youtube.com/watch?v=qx9VxhWMZnY

[coinloan]

We have a redesigned beta website (currently available only on desktops and tablets): https://beta.coinloan.io/

[coinloan]

CoinLoan ICO Report by Bitsify:
https://bitsify.net/ico-list/coinloan-cryptocurrency-collateral-loan/

[buffets123]

Will your tokens be listed on exchanges?

[coinloan]

Will your tokens be listed on exchanges?

This information will be available after ICO. We'll try to list our token on several largest crypto-exchanges as soon as possible.

[coinloan]

We are glad to announce, that tomorrow our ambassador Valentin will fly to the USA as a speaker in Blockchain Conference in CA 29.11-30.11.
Also, tomorrow Mike will fly to Seoul, to meet with potential partners and investors on InsideFintech Conference!

If you are somewhere close to us, please let us know and let's have a party together!

[nata1602]

What countries are going to be your first customers?

[coinloan]

What countries are going to be your first customers?

After launching the platform we plan to cover most countries.

[coinloan]

Good news! We have a new advisor on board! 👏👏👏👏👏

https://medium.com/@coinloan/greetings-to-our-new-advisor-anton-sergeev-1bc9bd4f6b92

[coinloan]

https://news.bitcoin.com/pr-coinloan-lending-platform-granted-full-license/

[coinloan]

https://news.bitcoin.com/rise-of-the-crypto-asset-backed-loans/

[coinloan]

This presentation explains briefly why CoinLoan is the best choice and how it works: https://d22bh5hhp3xpt1.cloudfront.net/CoinLoan_Presentation.pdf

[coinloan]

We have just reached our $3M softcap!

[iCOINrating]

CoinLoan is listed at http://icoinrating.com/coinloan/ You can support CoinLoan project through voting for it.


PS: Very interesting project.

[coinloan]

CoinLoan is listed at http://icoinrating.com/coinloan/ You can support CoinLoan project through voting for it.


PS: Very interesting project.

Thank you!

[coinloan]

We have been Featured In Forbes! 🚀🚀🚀

https://www.forbes.com/sites/haroldstark/2017/12/24/heres-why-you-should-invest-in-bitcoins-this-holiday-season/

[puppettop]

Has this ICO been extended? The website timer has gone up by 6 weeks since last time I looked

[coinloan]

We are Capable of More — CoinLoan Announces Strategic Initiatives, ICO Extension

We are now able to receive fiat money investments into our project!

Please, read the full announcement here:
https://medium.com/@coinloan/we-are-capable-of-more-coinloan-announces-strategic-initiatives-ico-extension-2680bdc2d286

[GoldenOne]

We are Capable of More — CoinLoan Announces Strategic Initiatives, ICO Extension

We are now able to receive fiat money investments into our project!

Please, read the full announcement here:
https://medium.com/@coinloan/we-are-capable-of-more-coinloan-announces-strategic-initiatives-ico-extension-2680bdc2d286

I'm excited about this project! I see that the ICO end date has been postponed until Feb 14th. Do you know how soon the tokens will be transferrable once the ICO finishes?

[coinloan]

We are Capable of More — CoinLoan Announces Strategic Initiatives, ICO Extension

We are now able to receive fiat money investments into our project!

Please, read the full announcement here:
https://medium.com/@coinloan/we-are-capable-of-more-coinloan-announces-strategic-initiatives-ico-extension-2680bdc2d286

I'm excited about this project! I see that the ICO end date has been postponed until Feb 14th. Do you know how soon the tokens will be transferrable once the ICO finishes?

Thank you! We are going to make the tokens transferable before finishing ICO. However, we will create a voting poll, so our community will decide when it will be better to do.

[oneidentity]

CoinLoan is a platform for lending against crypto assets, it is doubtful if there are any flaws and something can be done badly. The list of obvious advantages for both creditors, borrowers, and investors ICO looks pretty attractive, and inspires confidence!

[fragglevit]

   
    |\___/|
   /          \
  /_.~  ~,_\  Coinloan project was listed on FOXICO
       \@/


https://foxico.io/project/coinloan

[coinloan]

Greetings to Our New Advisor — Daniele Azzaro!

https://medium.com/@coinloan/greetings-to-our-new-advisor-daniele-azzaro-92a14605f6d1

[saimonji_miko]

What do you think core coin on your service? It would be related to business architect and user interface.

[GeneralC1]

2018 Q2
Obtaining the payment licenses. Completion of developing the platform core. The official launch of the platform.
Which countries do you plan to obtain licenses? The recent digital money market is heavily influenced by government policy fluctuations, so it is more concerned

[coinloan]

Here is our recent press release:

https://cointelegraph.com/press-releases/coinloan-ico-reaches-major-milestones-as-it-launches-mvp-and-enables-direct-fiat-investment

[coinloan]

We were mentioned in Investing!
https://www.investing.com/analysis/bitcoin-testing-618-retracement-level-strong-challenge-for-the-bulls-200281140

[saimonji_miko]

Could you show me some evidences of IT security group?

This is the important track for the ICO.

The company is the last job of many members including CEO.


And why cannot we find any information of the company?

[coinloan]

Check out our demo MVP platform! https://demo.coinloan.io/

[saimonji_miko]

Great! How is the schedule on apps development?

Check out our demo MVP platform! https://demo.coinloan.io/

[saimonji_miko]

There is no existence of "IT security group". This ICO would be scam.

Could you show me some evidences of IT security group?

This is the important track for the ICO.

The company is the last job of many members including CEO.


And why cannot we find any information of the company?

[Vladdirescu87]

CoinLoan ICO Launches MVP and Enables Direct Fiat Investment

Fintech startup releases the first version of its peer-to-peer lending platform that facilitates cryptocurrency-backed loans. Cryptocurrencies are used as collateral, and loans are provided in fiat currencies. Any platform user may act as a lender or a borrower. Coinloan provides borrowers with the most favorable conditions, and lenders - with the full repayment of their funds and the absence of risks.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/coinloan-ico-reaches-major-milestones-as-it-launches-mvp-and-enables-direct-fiat-investment/

[yassinebenouhoud]

If the ICO sale does not cross 5Mil, token price remains in $2 tier .... then what will be the price at launch?

[yassinebenouhoud]

The site does not work for DDD exchange, I have waited until 00.00UTC and 12.00UTC. The site would still not accept the DDD exchange. It is as if the site is locked up. I hope some of you get your DDD exchanged. This really has become a joke now.

[Zuzu1999]

coinloan is top rated in a number of different ICO raters/rankers

[coinloan]

[INTERVIEW] CoinLoan brings anti-establishment appeal to crypto lending
http://www.theinvestor.co.kr/view.php?ud=20180130000742

[coinloan]

Our Token Sale is finally over! And we couldn’t do it without CoinLoan community members who joined us in this long journey. Thank you! Please stay with us, updates will come soon.

[traveler007]

Why you write that this is "unique" project? I know some other lend ICO (ETHLend, Credits, Fintrux). What advantages you have before them?

[Makleyhill]

CoinLoan Global Tour

On their global tour CoinLoan Team flew halfway around the world and spent several weeks in some amazing places in Asia, Europe and North America. We were pretty amazed when it came time to sum up the last few months. Seriously, we did a great job:

Well, now when ICO is completed, we have time to catch a breath. There’s nothing against sharing impressions from #BEF2018 — one of the most exciting February events. So if you are thinking of visiting next year or looking for some insights — this post is for you. If you just want to keep an eye on CoinLoan Team adventure — you are welcome too!

On February, 4–6, CoinLoan Team took part in the Blockchain Economic Forum 2108 Singapore as a sponsor and participant of the exhibition. Here’s what we want to share.

It was the Big one! 1100+ blockchain leaders, including 350+ entrepreneurs, 250+ investors and dozens of visionaries as stated by the organizer. Great job, #Latoken, absolutely top notch!

According to The Economist Intelligence Unit, Singapore heads Business Environment Rankings. It’s no wonder that foreign companies choose this city for Asian branch or even for new business activities. We looked forward to meeting many new people and got in the right place!

CoinLoan’s stand has been visited by more than 1000 people. Among them there were potential platform participants, contributors, and business partners.

We were glad to meet one of our contributors from Singapore. That was awesome, we learned more about Singapore and discussed investment prospectives. Finally, CoinLoan found not only funding, but also a long-term partnership.

Max Sapelov had an interview about the project with a Korean crypto blogger.

Mike Rozhko pitched CoinLoan from the stage and presented the progress achieved during the ICO. As a result, we had some fruitful conversations with potential contributors and platform users. We have even received a proposal to buy CoinLoan in its entirety. Sorry, we are not for sale 😄

It was worth to go. Our Team enjoyed meeting so many people from so many different places. We returned with a ton of budding links, biz dev ideas and desire to return (maybe, to establish CoinLoan office in Singapore 😉)

Hope you found it interesting!
Stay in touch for project updates & news from CoinLoan Team Odyssey!

https://medium.com/@coinloan/coinloan-global-tour-5c8223356383

[CoinMLS]

CLT is now listed at ForkDelta.
https://forkdelta.github.io/#!/trade/CLT-ETH

[nguyen linh]

I just tried out the demo and Based on the platform you would have to use clt to secure a loan to pay the fees, it offers a fiat payment for fees but if your getting a fiat loan for crypto collateral why pay fees in fiat when you have crypto available

[Jekwizor]

10.03.2018: The CoinLoan Fortnight Update

We are busy with preparing the CoinLoan platform for the launch. However, we took a break to share some good news. Firstly, that’s because we’ve promised you a regular development update. Secondly, it’s always a pleasure to show off a little about a work that’s been completed

https://medium.com/@coinloan/9-03-2018-the-coinloan-fortnight-update-7275c30f0243

[Jekwizor]

Securing Your Accounts With Two-Factor Authentication (2FA)
https://medium.com/@coinloan/securing-your-data-with-two-factor-authentication-2fa-43a3546633a

Why a password is not enough, why you shouldn’t use Google Authenticator and what to use instead



If you believe that security paranoia is a trifle, just read the story of the guy, who lost all his crypto in 15 minutes because of disparaging data security. Don’t make the same mistake, OK?

Let’s figure it out how to secure your crypto and other accounts once for all!

Scroll down for the article from Max Sapelov, Co-founder & CTO at CoinLoan, security and cryptography expert. He’ll tell you:

What’s wrong with passwords;
WTF is 2FA & how does it go to the rescue;
Which 2FA method to use (and which one better not);
TOP 3 best practices for your security.

[leningradskiy90]

 i  believe that the project will succeed in doing, asset appreciation is achieved in a safe environment.nice system and planning

[sv.alyona]

CoinLoan vs Conventional Bank Battle



Ladies and gents, you are invited to the first-of-its-kind CLbattle between the conventional banking system and innovative lending platform.

In the right corner there is CoinLoan wearing white with blue — the platform for loans secured by cryptoassets. Young, ambitious newcomer. Across the ring there is the conventional financial institution. It has been holding championship belt for last 500 years.

Opponents will compete in three rounds:

*Speed and Convenience;
*Reliability and Safety;
*Flexible Terms and Conditions.

It looks like the winner is already evident. Let’s not be hasty. Scroll down to get the final score!

https://medium.com/@coinloan/coinloan-vs-conventional-bank-battle-1c3c860b0c70

[franklinrichards]

Farolable terms (terms,interest rate) and can choose the system to do the above in full auto otomatic mode, trus avoiding the manual creation and continuous monitoring at his own request.

[alexvilis]

Survey For Genuine CoinLoaners



Take a minute to make your mark in the lending history!

Dwayne “The Rock” Johnson in one of his interviews said: “You’ve got to keep your finger on the pulse of what your audience is thinking, and know what they’ll accept from you.” Dude is at gun on what’s going on! Let’s follow Dwayne’s advice.

https://medium.com/@coinloan/survey-for-genuine-coinloaners-399d1a6b318b

[sayhello12]

I think.any project that doesn't.do marketing.will fail. Coinloan needs to understand they are NOT Apple, and the project WILL NOT SELL ITSELF, no matter how good.of a project you think.it is.
They definitely need to.do more on the marketing front

[elitecstrike]

5 Common Myths About P2P Investing
https://medium.com/@coinloan/5-common-myths-about-p2p-investing-9b3e0e966485

Conventional P2P lending is successfully working for more than a decade. Let’s speak about a fundamentally new idea of crypto-to-cash loans, where fully equal parties will be able to provide or receive loans in any fiat currency. What misconceptions an investor can have on a new market?

[Hakamoto]

I am impressed by your lack of limits, the minimum loan amount is only 50 USD, and the maximum amount and the number of active loans is limited only by the budget's own budget, it will really interest many!

[elitecstrike]

17.05.2018: The CoinLoan Monthly Update
https://medium.com/@coinloan/17-05-2018-the-coinloan-monthly-update-532b9d6d3fd8

Hi, CoinLoan community, we have another update for you! Since were the last ones who have made a significant progress, but there’s more to come. Scroll down to see the main highlights

[linhmax]

I’m curious how the team thinks they will handle that scenario.
I think it is clearly beneficial to all of us that the token never trades on an exchange with sufficient liquidity. Keep it at $10 on the platform, or do not link the price to exhanges.

[phonglouis]

Last time i checked it was .17$.... So thats pretty good already
I think it will be a bit less than 10$. I cant see people paying more than 10$ at exvhanges when the price on the platform is 10$
At least until all remaining tokens sold. And tokens remaining are 10 zimes more then tokens sold at ico

[sagybtc]

Is it available an any exchange to buy?

[sagybtc]

Is it lending program+ or just treading token?

[cryptomayer]

Is it available an any exchange to buy?

CoinLoan [CLT] is listed: https://yobit.net/en/trade/CLT/BTC …

[cryptotradeking]

Hello Team,

This E-mail is regarding your ADD coin request in our cryptocurrency exchange,

We Introduced World's 1st Custom Pairing option, You can trade with any coin/token as market and trade with your destination coin.
So that you can get unlimited markets....

For listing your coin/token we are taking 1BTC as listing fee which is refundable after 11 months.

Note: for charging 1BTC as the listing fee you will get these services

*Listed coins/tokens can trade with any markets with the exchange existing pairs.
*No Transaction Fee for first 30 days and there is no T & C for your trade volumes
*You will get a free banner listed on our coinexcap for 30days which is worth of 4500USD


Reply to this email, if you have any questions regarding this

Thanks & Regards,
Coinexmarket Team

http://features.coinexmarket.io/
Website : https://www.coinexmarket.io/
Telegram group : https://t.me/coinexmarket
Android app : https://play.google.com/store/apps/details?id=com.coinexmarket&hl=en
https://coinmarketcap.com/exchanges/coinexmarket/

[vuykim]

How’s everybody doing? I should have bought more CLT when the price was 10cent! LOL Anyway. I can see that CLT gets burned after use.

[Kirilp]

CoinLoan Beta Survey
Please answer some questions & help us to improve the platform.
https://medium.com/@coinloan/coinloan-beta-survey-54f82b34112c

[coinloan]

CoinLoan Platform is OPEN!!!

Visit the site to lend & borrow loans secured by crypto!

To use the platform, you need to apply for registration and verify your account on coinloan.io.
It will take some time depending on your docs and finally you will be able to lend and borrow on CoinLoan.
If you have found any bug or know how to improve something, please let us know at support@coinloan.io.
 

[Vladdirescu87]

CoinLoan Opens Platform to Bridge Gap Between Lenders and Borrowers

CoinLoan, an Estonia-based startup, has launched a crypto-to-fiat lending platform where cryptocurrency is used as collateral. From now on, crypto-backed loans are available for users all over the world. On CoinLoan, everyone can become a lender or a borrower, on his or her own terms. The platform’s primary objective is to link counteroffers and ensure the safety of the deal. Crypto collateral protects lender’s fiat funds from the risks of non-repayment. Borrowers get a loan regardless of their credit history and don’t need to choose between holding their crypto and getting access to money. Every user has an opportunity to customize an amount and term of a loan, fiat currency to lend or crypto asset for a collateral, interest rate and loan-to-value ratio.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/coinloan-opens-platform-to-bridge-gap-between-lenders-and-borrowers/

[Mariia_BT]

I just tried out the demo and Based on the platform you would have to use clt to secure a loan to pay the fees, it offers a fiat payment for fees but if your getting a fiat loan for crypto collateral why pay fees in fiat when you have crypto available

Recently, I have met several servers, the activities of which are focused on the contribution of funds both in crypto and foreign currencies. I think this way maybe reinsurance takes place.

[carrotbanhkook]

 This project is a true use case coin. Money is going to flow in in this bear market. Bear market is actually the IDEAL conditions to lock in actual platform users for a product like this. There are tons of investors who want to preserve their portfolios without vacating their positions. CLT is tether 3.0

[Vladdirescu87]

CTO Of QIWI Controlled 2.4% Of The World’s Bitcoin Emission

Sergey Solonin, CEO of large payment service provider QIWI, has recently revealed in a lecture at Moscow Advanced Communication School that his CTO had mined 500,000 bitcoins back in 2011. The employee used QIWI terminals that were idle at night to make more than $5 mln in three months.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/cto-of-qiwi-controlled-2-4-of-worlds-bitcoin-emission/

[Noway159]

Following feature idea:
If there would be kind of a private chat beside the borrowing/lending offers, in where I could get in touch with the person of a certain borrowing/lending offer, then I could negotiate potentially higher/lower interest rates.
2nd Feature idea: let the repayment plan be configurable within the lending/borrowing application (e.g. weekly, monthly, quarterly etc.)
Regarding getting bank accounts for crypto companies: https://cointelegraph.com/news/swiss-bank-becomes-first-in-country-to-offer-business-accounts-to-crypto-companies

[kubori102]

The project looks really good. But I don't think that it is a good idea. The market is too unpredictable and the prices fluctuate too much, therefore it is not safe to have some random cryptoasset act as a collateral for the loan. Someone may simply disappear with that fiat money and the other person would be left with some random coin that because of market changes become worthless.

[Hafwen124]

Would very much like to see cryptobud do a deep dive into Coinloan. But if the company manages to make an impact on the space, then youtubers ought to be reviewing it for free.

[Prairie1245]

How are we Coinloaners with return of investment 0.05x and even better no actualuse of the coin?

[Quarkico]

The team is young but relatively wide and consists of programmers and developers to take care of the technical part of the project. When it comes to the sole idea, I'm not sure how good would cryptocurrencies act as a collateral for loans, but as the price often raises the person who borrows money wouldn't have to worry about not getting their money back, as they may get even more with that cryptocurrency.

[Dvorjekarri]

What the website for this project? did not see any on the OP, i would like to join me to, looking forwards for great news from dev team

[Tonisim]

01.09.2018: The CoinLoan Fortnight Update
Digital gold and silver added, frontend updates, bugfixes and more!
https://medium.com/@coinloan/26-08-2018-the-coinloan-fortnight-update-ccf09be4f373

[thedrawnpotato]

are you considering an option to split borrowings to multiple lenders (crowdfunding) in the future? I would like to lend out money to borrowers, but in a portfolio of multiple 100s that make up a portfolio instead of taking on the full amount
also it would be nice if borrowers had to provide basic info such as available income and purpose of the loan

[icohunter1024]

The tokens will be used to pay the fees on the platform, so with many lenders and borrowers I guess there will be some demand for this cryptocurrency, it all depends whether or not the platform will become popular. P2P loans are becoming more and more popular and people prefer them to banks and their huge interests. Moreover, there is no need to check out the credit history and prove your payment capacity.

[Artemsv]

CoinLoan Lists New Fiat Currencies
USD, EUR, GBP, RUB and beyond.

A little while ago in the previous update, we promised to make fiat dollars available as soon as possible. CoinLoan Team keeps its promises. And today is the day! https://medium.com/@coinloan/coinloan-lists-new-fiat-currencies-9205351e4180

[Tonisim]

Meet the CoinLoan Team in Malta, Lisbon and SPB
November is for networking. Save the date!
https://medium.com/@coinloan/meet-the-coinloan-team-in-malta-lisbon-and-spb-c94e07c06fd7

[Kantra]

Don't invest a penny in this crypto, I have some of this shit since a while and i'am just loosing money. they just use your money to travel and having fun all over the world. Just a bunch of amateurs.
That was a big mistake investing in this fake project.
 

[Kriptobt1]

CLT is Listed on LATOKEN
https://medium.com/@coinloan/clt-is-listed-on-latoken-a6a511541f70

A new one, but not the last exchange to trade CoinLoan Tokens

As the month draws to a close, we are proud to announce that CoinLoan Token (CLT) is now listed on LATOKEN, a rapidly growing crypto exchange focusing on liquidity for new tokens.

From now on, CLT/ETH and CLT/USDT pairs are available for buying and selling, more trading pairs will be added in the future.

[Mariia_BT]

The project looks really good. But I don't think that it is a good idea. The market is too unpredictable and the prices fluctuate too much, therefore it is not safe to have some random cryptoasset act as a collateral for the loan. Someone may simply disappear with that fiat money and the other person would be left with some random coin that because of market changes become worthless.

you say the truth...
now the cryptoprojects work rather unstable, because, the cryptomarket is also very unstable.
nobody gives us any guarantee of anything.
a lot of people, project participants, traders, investors are in it.
and they can not be blamed for it.

[MihailJ]

The CoinLoan Monthly Update
New exchanges, some useful info, November roadshow and more!
https://medium.com/@coinloan/30-11-2018-the-coinloan-monthly-update-3f1ca8da464d

[TOM47]

GUSD & USDC Stablecoins Are Now Available on CoinLoan
Learn how to benefit from them!

CoinLoan expands the list of currencies available on the platform with two major stablecoins — GUSD and USDC. They can be used to lend and borrow, which means that they are intended to become an alternative to fiat currencies.

https://medium.com/coinloan/gusd-usdc-stablecoins-are-now-available-on-coinloan-1aad813912cc

[galaxiekyl]

hello

no update since december this project is still alive ?

[coinloan]

Hello,
CoinLoan is more than alive - we are growing!


You may find our last updates on Medium. For example this one https://medium.com/coinloan/investing-becomes-fees-free-on-coinloan-f940149d6bbc


You are welcome to try our services!

[jbdee]

Is someone using CoinLoan?
I would like to lend some FIAT but I don't see any guarantee/insurance on their website, I contacted them and just got a basic answer:
"Our site is very safe and even if we will close down, we will return all your money to you with the interest."
But they don't tell HOW they can pay you back if the borrowers disappear and the crypto value falls, also they don't tell what will happen if a hacker take their assets, no guarantee at all.

[coinloan]

Is someone using CoinLoan?
I would like to lend some FIAT but I don't see any guarantee/insurance on their website, I contacted them and just got a basic answer:
"Our site is very safe and even if we will close down, we will return all your money to you with the interest."
But they don't tell HOW they can pay you back if the borrowers disappear and the crypto value falls, also they don't tell what will happen if a hacker take their assets, no guarantee at all.

Hello!

Thank you for your interest. We use our own secured solution. We found BitGo a bit complicated and way too unsecured.

Borrowers are putting collateral first, before they take a loan. So if something went wrong (volatility or missing payment from borrower) we cover all risks with borrowers collateral. We haven't been hacked since the platform started. We are thinking how to increase confidence at the moment, soon you'll see a big publication about security from ourside.

[coinloan]

bitgo itself is a good and safe solution, in theory. But this is just a tool that can be properly configured and safely used (the right amount of approvers, tight transaction limits, white list of addresses, amount of funds on hot and cold wallets, etc.), but you can set up it very “poorly” and all the security of bitgo will be crashed and the hacker will be able to steal everything in a flash.


But among other things, even with the best bitgo security settings, there are various attack vectors, for example, to hack the base of the platform and replace all the deposit of the address with the control of the hacker. This case does not cover bitgo’s insurance.

[Gaudente]

I just signed up at your platform and placed a loan offer.
I have scouted the marketplace only to realize it has high implicit fees , for example right now I could buy 1 BTC for 10,700 $ while on coinmarketcap it quotes 10,400.
Even your own token CLT is offered for 18 cents on your platform while it quotes 14 cents on Coincodex.

[BitOverLord]

Didn't SALT try this back in 2017 but ran into lots of legal issues? Is all your legalities sorted?

[jbdee]

Didn't SALT try this back in 2017 but ran into lots of legal issues? Is all your legalities sorted?

SALT is different, they only allow you to borrow and the rates are fixed, I contacted them in May 2019 to know if it was possible to lend, they fowarded my message to the "Business Development Team", they never replied.

CoinLoan seems legit:
https://coinloan.io/licenses

The support is quick and helpful.

BUT
Annual interest rate calculation for long-term loans is based on an annuity repayment method.


So for long term loans, it means that the borrower pays you back monthly so the monthly interests decrease every month, so if you lend 1000 EUR at 10% for 1 year, you will not get 100 EUR (10% of 1000 EUR), you will get 55 EUR.
I think this should be explained "more clearly" on their website, even if you can use the calculator on the main page.
Because when a borrower sees 10%, he might think he has to pay 10% of the amount, also for the lender, he might think he'll get 10%...

[Makleyhill]

The CoinLoan project team has carried out a number of works to improve the platform and now it will be adaptive and accessible for mobile viewing.

[coinloan]

The CoinLoan project team has carried out a number of works to improve the platform and now it will be adaptive and accessible for mobile viewing.

Thank you!!
We hope our Customers will enjoy the platform! Now we have the best conditions on the market for the lender and borrowers! Try it

[Kriptobt1]

CoinLoan announced that now with the withdrawal of funds, stablecoins and cryptocurrencies, a percentage of the commission on the platform will not be charged, and they also wrote about the reason for such measures on his blog https://blog.coinloan.io/coinloan-cuts-withdrawal-fees-to-zero/

[coinporch]

the latest news
https://blog.coinloan.io/coinloans-july-update
and now everyone can see this coinloan at coinmarketcap
https://coinmarketcap.com/currencies/coinloan

[OpeningVN]

I can't belive, a project from 19/08/2017 until now.
It's too long time to list on CMC.
Btw, with lending platform, I don't think many people will like it.

[v1t0z]

CLT is listed on HitBTC:
https://hitbtc.com/clt-to-btc
https://coinmarketcap.com/currencies/coinloan/markets/

[paylex]

CLT token grows and has reached a new ATH.

[paylex]

I can  OTC sell 10k tokens for $ 20.

[K-Paxian]

I would like to warn and inform guys here to get out of the CoinLoan platform as soon as possible. They have started to limit daily withdrawals to 5 000 USD and the support agent was very arrogant and did not care at all that you may need to withdraw your funds. Big red flag and it doesn't look good. If they don't lift up the limitations (it started around 20 days ago and the change came from 500k to 5k) any day soon, it will probably end up as many already bankrupt companies. Unfortunate :/