CoinLoan — Lending Platform with CryptoAssets as Collateral🔥

[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.
 

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[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