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In what currency do I receive interest on my Fixed Account?
In what currency do I receive interest on my Fixed Account?

Your interest is paid in the currency of your deposit.

Sofia avatar
Written by Sofia
Updated over a week ago

CoinLoan pays interest in the original currency of your deposit. For example, if you deposit LTC, you get paid in LTC. The same goes for every currency available to earn interest on.

What currency do you use to pay interest if I stake CLT?

We use the deposit currency.

How does staking work on 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. Check our article for more details.

May I earn interest in CLT?

No. CLT is used to get a staking bonus for Fixed and Flexible Accounts only.

May I earn interest in a different currency?

No. You receive your interest in the deposit currency. If you want to earn on a different asset, create a new Fixed Account in the asset you want to earn interest on.

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