CoinLoan Token (CLT) is an ERC-20 token based on the Ethereum blockchain and our native utility asset applied on the CoinLoan platform.
CoinLoan Token utilities
Origination fee discount
When setting up parameters for your Instant 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.
Origination fee options — Web platform
CLT as collateral
You can use CoinLoan Token, among other currencies, as collateral. Get an instant loan in fiat, crypto, or stablecoins with CLT. We require no paperwork or credit history check.
CLT as collateral — Web platform
CLT Staking rewards
Using CoinLoan Interest Account, you can raise our standard interest rates by 2% while staking CLT on your balance.
How it works
All your interest rates will increase by 0.1% with every 125 CLT you hold. You get the maximum reward of 2% for staking 2,500 CLT.
CLT Staking — Web platform
Exchange CLT for any currency
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.
Exchanging CLT — Web platform