Get money without selling your crypto
Create an account and complete the KYC procedure to start using a full range of CoinLoan services.
Go to My Wallet tab and deposit cryptocurrency (BTC, ETH, LTC, CLT) to secure a loan.
Select your interest rate, loan currency, term and desired loan amount. The higher the interest rate, the faster your application will be accepted by the investor.
Generate a request or check CoinLoan Lending Market and accept a suitable loan offer to borrow immediately.
To get 100,000 EUR with the Loan-to-Value (LTV) ratio 60%, you'll need to deposit ~ 55 BTC.
Because each loan is asset-backed, there is no need to run a credit check. You can pay-off your loan whenever you want, or you can continue to pay on a monthly basis.
Secure, simple and available.Start Borrowing
Loan-to-Value (LTV) refers to a ratio between your loan amount and collateral market value.
Lower LTV means you have a safety bag. In case of a market fall, your crypto is not likely to be liquidated to secure a lender's investment.
Higher LTV means that you will have to act fast in case of an extraordinary market situation.
In case of critical changes in your cryptocollateral value, you'll get an email notification.
In this case, you can repay the loan or add extra collateral. If you do nothing and the situation is a matter of necessity, your cryptoassets will be sold.
All cryptossets are stored on cold multi-signature wallets with distributed key storage.
The borrower bears minimal risks, providing that all loan obligations are fulfilled to the full extent so as the percentage ratio between the loan amount and the cryptocollateral is maintained.