CoinLoan: Сrypto & Fiat Loans

3.7
479 reviews
50K+
Downloads
Content rating
Everyone
Screenshot image
Screenshot image
Screenshot image
Screenshot image
Screenshot image
Screenshot image
Screenshot image
Screenshot image
Screenshot image
Screenshot image
Screenshot image
Screenshot image
Screenshot image
Screenshot image
Screenshot image
Screenshot image
Screenshot image
Screenshot image

About this app

CoinLoan is a robust and simple ecosystem containing several products and services: cryptocurrency Wallet, Instant Loans, Interest Account, and Crypto Exchange.

CRYPTO WALLET

If you’re looking for a reliable and secure service for holding your assets, CoinLoan is exactly what you need. Our crypto app is a simple yet solid solution for those who want to store their funds in one place.

What you can do with the CoinLoan Crypto Wallet:

– Easily transfer crypto between your wallets.
– Deposit crypto with no fees; get one free withdrawal per month for ETH and ERC-20 tokens and free withdrawals for other assets.
– Swap, sell, or buy cryptocurrency on our Crypto Exchange.
– Deposit funds to your Interest Account and start earning.
– Borrow crypto or fiat by getting an Instant Loan.

You can deposit Bitcoin, Bitcoin Cash, Litecoin, Polkadot, Monero, Cardano, and other crypto. Please see the full list of available assets:

– Crypto: BTC, ETH, BCH, XRP, WBTC, XLM, PAXG, DOT, LINK, LTC, BNB, XMR, ADA, SOL, and MKR;
– Stablecoins: PAX (USDP), USDT, TUSD, DAI, BUSD, and USDC
– Fiat: EUR, GBP, and USD

Download the app and start funding your Wallet via the most convenient way.

For fiat funds:

– SEPA (for Eurozone residents)
– Wire transfer (for USA residents)
– SWIFT (available worldwide)

For stablecoins:

– ERC-20 network to deposit coin as a token from your other wallet
– Wire transfer to deposit USDC

For crypto:

– Use your crypto wallet to deposit the desired asset on CoinLoan
– For BTC and LTC, we use a modern Bech32 address format
– For XLM deposits, we require a Stellar Lumens Memo
– For XRP deposits, we need a Destination Tag

After making a deposit, you can use our products with one click.

INSTANT LOANS

To get a loan might be a big deal, but we constantly work on making the process as easy as possible for you. With our money loan app, you can get personal loans on favorable terms.

– APR is minimum 4.5% to maximum 11.95%.
– Origination fee is 1%.
– The only thing required is collateral.
– Choose between 20%, 35%, 50%, and 70% LTV.
– Repayment according to a repayment schedule.
– No fees or penalties for early repayment.
– Loan term is from 3 month to 3 years.
– We do not require repayment in full in 60 days or less.
– Borrow money (crypto-to-crypto, crypto-to-fiat, and fiat-to-crypto).

For example, you have 2 BTC and want to make it collateral for your loan in USDT. If 1 BTC = $50,000, and you have $100,000 in total, you can only borrow maximum 70% of that amount, meaning you will get 70,000 USDT at max. Regardless of your chosen Loan-to-Value (LTV) ratio, the loan origination fee will be 1% or $1000 (0.02 BTC). Your total loan cost for one year, including principal (11.95%) and all applicable fees (1%), will be 12.95% APR, or 12,950 USDT.

INTEREST ACCOUNT

No more need to sell your coins to profit. Instead, keep your crypto and make it work just by parking the assets on your Interest Account.

– Earn up to 8.2% APY.
– Deposit with no fees.
– Get daily interest for parking cripto and stablecoins.
– Earn crypto on staking CLT.

CRYPTO EXCHANGE
There’s no need to look for the best crypto rates now, as you have the CoinLoan Crypto Exchange.

– 200+ exchange pairs
– Beneficial exchange rates
– Zero fees for deposit

COINLOAN’S MAIN BENEFITS:

– THE ASSETS’ SAFETY: CoinLoan stores your crypto at the certified custodian with $250M insurance coverage. We have a strict access recovery policy, require two-factor authentication, and perform all crypto operations according to Cryptocurrency Security Standard.
Updated on
May 29, 2023

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
This app may share these data types with third parties
Location, Personal info and 4 others
This app may collect these data types
Location, Personal info and 7 others
Data is encrypted in transit
You can request that data be deleted

Ratings and reviews

3.7
470 reviews
Jay B
June 8, 2023
Absolutely love the app. Great rates with payment always on time. Professional and fast customer support. I would like more features within the app like seeing the GBP total and being able to filter the coin holdings as I don't need to see zero balances. Love it, thank you!
37 people found this review helpful
Did you find this helpful?
CoinLoan
October 4, 2021
Thank you for your love, and for providing your valuable feedback. Please reach out to us at support@coinloan.io, if you have other suggestions.
James Balsley
May 21, 2023
I don't currently want to withdraw but with that said, I'm prevented from withdrawing and I'm not currently collecting interest on my crypto which is the whole point. They aren't supplying a whole lot of information but they appear to be in financial trouble. If and when I have the option to withdraw and I'm collecting interest, I will update my review.
10 people found this review helpful
Did you find this helpful?
CoinLoan
May 24, 2023
A Notice of restraint on disposition received on April 24, 2023, obliges CoinLoan to halt all operations for its users, including withdrawals. This action is unexpected and has an immediate effect. As a result, we have no choice but to comply with the said requirements.
James Campbell
May 26, 2023
Remove this app from Google play. Registrations are disabled. Useless app. I want my ten minutes back!!
6 people found this review helpful
Did you find this helpful?
CoinLoan
May 30, 2023
We regret the inconvenience; this is a temporary measure. Here you can read more info on this matter: https://coinloan.io/blog/important-message-to-all-coinloaners/

What's new

Bug fixes