CoinLoan supports a variety of blockchains. See our complete list of supported blockchains here. On our platform, you use a certain blockchain for one or a limited number of assets only. But as we added support for BNB Smart Chain, now our users can choose which blockchain they use for deposit or withdrawal of certain assets.
What you need to know
Here is the list of available assets which you can currently transfer using either Ethereum or BSC blockchains:
Stablecoins: USDC, BUSD, and USDT
What’s the difference? Learn more about these blockchains in our article.
Withdrawal fees
BSC network: Withdrawals are free.
Ethereum blockchain: Every user has one free withdrawal per month. Every subsequent withdrawal entails a fee in the withdrawal currency, depending on the asset.
How to select the desired network
Web platform
Go to your Wallet.
Pick the asset you want to deposit or withdraw and click the corresponding button.
Deposit and Withdraw buttons — Web platform
3. Choose the desired blockchain in the Network drop-down menu.
Deposit form — Web platform
Withdrawal form — Web platform
Mobile app
Go to the Wallet module.
Pick the asset you want to deposit or withdraw and press the corresponding button.
Choose the desired blockchain.
Select network to deposit or withdraw asset — Mobile app
Note: When transferring assets, make sure the chosen blockchain matches your asset. Otherwise, you will permanently lose your assets.