NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing

CoinLoan Crowdsale to Start Soon. Should You Subscribe?

newsbtc
newsbtc
5 years ago
2 mins read
CoinLoan, cryptocurrency

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

CoinLoan is an innovative project designed to integrate the traditional banking system with modern cryptocurrency technology. It offers an affordable solution where users will be able to receive real money in any currency secured by crypto assets when they are in need. This will reduce the loss of possible revenue from a further appreciation of cryptocurrency and additional costs. The CoinLoan crowdsale (pre-ICO) is just a day away from launch, where the platform will be making 5 million (10%) of the total 50 million tokens available for purchase.

This fully automated project will issue loans without verification of the borrower’s solvency, application processing from lending centers, and other formalities peculiar to the traditional banking system. The loan will be processed almost instantly and issued in US Dollar, Euro, British Pounds, Chinese Yuan, Japanese Yen, Russian Rubbles, Swiss Franc, Polish Zloty, or Czech Koruna. The platform will allow borrowers to become lenders and lenders to become borrowers at any time. This system is intended to secure flexibility and loyalty within the system.

CoinLoan will accept Bitcoin, Ethereum, or Litecoin as collateral for borrowing on the platform. However, rubbing shoulders with other established cryptocurrency lenders, CoinLoan could soon introduce support for other cryptocurrency/asset collaterals as well.

According to the CoinLoan whitepaper, borrowers will be allowed to borrow up to 10-70% the value of the borrower’s crypto assets. This means that if a borrower owns 25 Bitcoins, where 1 Bitcoin is trading at $4000, the total value of the asset will be valued at $100,000. The borrower can then borrow $10,000 to $70,000. The amount of collateral and security deposit is 70% and 30% respectively. Considering the case of 25 Bitcoins, collateral will be set at 17.5 BTC and 7.5 BTC as a security deposit.

Comparatively, CoinLoan seems to be entering the market with quite the competitive edge since other cryptocurrency lenders. The lenders on this platform will formulate the terms and conditions of the loan, and the system will automatically estimate the market environment to create the orders.

The CoinLoan platform will be advantageous to the borrower since it will support popular cryptocurrency assets.

With the token pre-sale just around the corner, those who are interested to take part in the crowdsale can find more information on the platform’s website and whitepaper.

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Comments 1

  1. Rama Rao says:
    7 years ago

    This site looks genuine.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comments 1

  1. Rama Rao says:
    7 years ago

    This site looks genuine.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Altcoin season start doordat Ethereum boven presteert en Bitcoin dominantie daalt

Altcoin season start doordat Ethereum boven presteert en Bitcoin dominantie daalt

De cryptomarkt staat er goed voor de komende tijd. Een heuse altcoin season ligt op de loer, terwijl Bitcoin dominantie...

Lars Diederiksen 5 hours ago

Wallet Bitcoin Dormiente Muove 1,2 Miliardi di dollari in BTC: In Arrivo Una Grossa Vendita?

Il recente momentum di Bitcoin ha subito una pausa dopo l’ultimo rilascio del Consumer Price Index (CPI) negli Stati Uniti,...

clararosati 9 hours ago
Bitcoin price news

This Bitcoin Thesis ‘Will Retire Your Bloodline,’ Says Expert

A provocative post published on July 14 by long‑time Bitcoin advocate and “Taproot Wizard” Udi Wertheimer has ignited fresh debate over whether...

Jake Simmons 10 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Bitcoin’s Next Milestone: $250K In Sight After $120K Test, Analyst Says

Christian Encila 1 hour ago
XRP

XRP Becomes Top 3 Crypto After ProShares ETF Approval, Can It Flip ETH?

Scott Matherson 2 hours ago
Bitcoin Retail Demand Rebounds – $0–$10K Transfer Volume Turns Positive

Bitcoin Retail Demand Rebounds – $0–$10K Transfer Volume Turns Positive

Sebastian Villafuerte 5 hours ago

Premium Sponsors

Press Releases

  • 2 kryptoměny s extrémně vysokým oceněním, které mohou stát za to riziko

    2 kryptoměny s extrémně vysokým oceněním, které...

    2 hours ago
  • 2 rendkívül magas árfolyamú kriptovaluta, amelyeket érdemes lehet kockáztatni

    2 rendkívül magas árfolyamú kriptovaluta, amelyeket...

    2 hours ago
  • 2 криптовалути с небесни оценки...

    5 hours ago
  • 仮想通貨プレセール|ビットコイン向け最速かつ唯一の本格レイヤー2が300万ドル突破

    ...

    5 hours ago
  • 2 rendkívül magas árfolyamú kriptovaluta, amelyeket érdemes lehet kockáztatni

    ...

    6 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.