What is CoinLoan?
CoinLoan is a cryptocurrency lending platform, licensed under Estonia Financial Authority. The users of CoinLoan have access to three different services: instant fiat and crypto loans, exchange services, and an interest-earning account. All of the services are available worldwide. Among its provided benefits, CoinLoan offers daily interest for those who lend their assets. Also, it doesn’t demand a fee for deposits.
Put simply, you can store, borrow, buy, sell or swap coins in a single platform. Thus, the platform aims to make the process of managing and trading crypto assets faster and more efficient.
Besides, CoinLoan is safety-focused, which means that one of its main goals is to provide safer transactions to its users. In other words, the platform has essential security layers, including secure cloud infrastructure, DDoS protection, and so on. It also uses BitGo for this purpose.
The native token of CoinLoan is CLT, an Ethereum-based ERC-20 utility token. The CoinLoan token can be bought, sold, and swapped for fiat, stablecoins, or crypto assets on the CoinLoan platform.
If you are interested in knowing the current CoinLoan price, you can check the CLT price chart featured above.
Use Cases of CLT tokens
CoinLoan gives incentives to those who use CLT for borrowing. They can get a 50% discount on their fees.
Moreover, CLT holders can stake their tokens to generate an annual interest of up to 8,2%, depending on how many CoinLoan coins they have.
Additionally, CoinLoan established the Loyalty Program in 2022, which divides users into 4 ranks. The user's share of staked CLT determines their rank tier. The benefits users receive improve with rank. The advantages include a higher cashback in CLT from the exchange service and a higher discount on loan interest when paid in CLT.
Other than that, CoinLoan tokens can serve as collateral for loans. The CoinLoan crypto can be exchanged for any other asset traded on the platform, as well.
Don’t forget you can check the live CLT price above.
Who Founded CoinLoan?
Alex Faliushin is the CEO and one of the co-founders of CoinLoan. Faliushin holds a master’s degree in Applied Mathematics and Informatics, as well as in International Economic Relations.
Max Sapelov is the other co-founder and CoinLoan’s Chief Technology Officer. He also co-founded and served as CTO for IT Security Group.
Tokenomics of CLT
CoinLoan has a max supply of 22,000,000 CLT. The fixed supply implies that the token will become more scarce as time goes on. This could be beneficial for the CoinLoan price. Though if you want to see the current CLT price, make sure to check the aforementioned chart.
These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.
Followers
29.64K
Followers: 29,648
0.05%
Following
220
0.45%
Posts count
1,582
0.00%
These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.
Subscribers
8.19K
Subscribers: 8,193
0.04%
Subreddit type
public
Moderators
3
0.00%
These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.
Members
715
0.56%
Title
CoinLoan News
These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.
Website Rating (DR)
56 / 100
0.00%
Ahrefs Rank
439,466
2.63%
Organic Traffic (mo.)
1,457
0.21%
These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.
Public repos
5
Type
Personal
These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.
Stars
3
0.00%
Watchers
0
Forks
0
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