Skip to main content
All CollectionsGeneralCoinLoan Token (CLT)
What is CoinLoan Token (CLT)?
What is CoinLoan Token (CLT)?

CLT is our native utility asset applied on the CoinLoan platform. It is based on the Ethereum blockchain.

Nika avatar
Written by Nika
Updated over a week ago

CLT is our native token that has the ERC-20 format. Below you will find all the relevant info.

CLT utilities

Currently, CLT has the following utilities:

  • Origination Fee discount

  • CLT as collateral

  • CLT Staking rewards

  • Exchange CLT for any asset on the platform

Please refer to our article about CLT utilities for more information.

Where can I buy CLT?

You can purchase CoinLoan Token directly via CoinLoan Crypto Exchange or one of the third-party exchanges our token is listed on:

  • Bittrex Global

  • HitBTC

See our guide on various ways to buy CLT.

Where can I track CLT?

You can track our token on the following platforms:

How does CLT Staking work?

The CLT Staking option is available for Fixed and Flexible Accounts.

Fixed Account

Turn the CLT Staking option on when creating a Fixed Account and choose which bonus option suits you best: 0.25%, 0.5%, 0.75%, or 1%. Unstaking CLT is unavailable until the end of the period. Read more about CLT Staking for Fixed Account and the amounts of CLT you need to get each reward option here.

Flexible Account

All your interest rates will increase by 0.05% with every 125 CLT you hold. You get the maximum reward of 1% for staking 2,500 CLT. Unstaking CLT is available whenever you need it. More details about CLT Staking on Flexible Account you can find here.

Did this answer your question?