CoinLoan Token (CLT) is an ERC-20 token based on the Ethereum blockchain and our native utility asset applied on the CoinLoan platform.

When setting up parameters for your loan, you are prompted to choose the origination fee option. You either pay a 1% fee in a loan currency or half of that amount if you use CLT as your origination fee currency.

You can use CoinLoan Token, among other currencies, as collateral. Get a loan in fiat, crypto, or stablecoins with CLT. We require no paperwork or credit history check.

You can boost your interest rates by up to +1% to the standard ones for staking CLT.

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.

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. You can find more details about CLT Staking on Flexible Account here.

With CoinLoan Crypto Exchange, you can pair our token with any currency available on the platform, whether fiat, crypto, or stablecoins. See the complete list of currencies available on our Crypto Exchange here.