Instant Loans

What is collateral? Which assets can be used as collateral?

Collateral is our way to secure all the funds we lend. See the complete list of assets used as collateral inside.

Written by Anastasia
Updated yesterday

How CoinLoan Instant Loans work

A comprehensive crypto-backed borrowing guide.

Written by Sofia
Updated this week

What is CoinLoan Instant Loan

Use your crypto as collateral to get a loan without credit checks with CoinLoan Instant Loans.

Written by Sofia
Updated over a week ago

What is the loan-to-value (LTV) ratio

A ratio between the amount of your loan and the market value of your collateral.

Written by Sofia
Updated this week

What happens when the market value of my cryptoasset changes

If your collateral value drops significantly and LTV reaches a danger zone of 80%, you’ll get an email with instructions.

Written by Sofia
Updated this week

Are there any prepayment (early repayment) fees or penalties

To make an early repayment on CoinLoan, go to My Loans > Loan Details > Repayment Schedule.

Written by Sofia
Updated over a week ago

What are the benefits of using crypto loans

It is a chance to unlock the value of crypto while holding.

Written by Sofia
Updated over a week ago

How to download the list of my loans

Steps to downloading a CoinLoan list of loans.

Written by Sofia
Updated over a week ago

Get a loan with the lowest rate possible

Written by Sofia
Updated over a week ago

Can I initiate the sale of the collateral to make a repayment

Yes, you can make a partial or full repayment using the collateral of your loan.

Written by Sofia
Updated this week

Can I borrow against crypto I hold in the Interest Account

You can't use the same asset in the Interest Account and Instant Loans simultaneously.

Written by Sofia
Updated over a week ago

How to sleep well during the market crash if I have a loan

How to make your loan more resistant and sleep well during the next market crash

Written by Sofia
Updated this week

Can I borrow without collateral

No, CoinLoan offers only secured loans.

Written by Sofia
Updated over a week ago

Can I get more than one loan at a time

On CoinLoan you can borrow an unlimited number of loans.

Written by Sofia
Updated over a week ago

When will my first repayment be due

You can view your CoinLoan payment schedule selecting My Loans > Loan Details > Repayment Schedule.

Written by Sofia
Updated over a week ago

Do I still own my cryptoasset

On CoinLoan you get your collateral back after you repay the loan.

Written by Sofia
Updated over a week ago

Will my credit score be affected by applying for a crypto-backed loan

CoinLoan doesn't carry a check on the applicant’s credit score.

Written by Sofia
Updated over a week ago

How to repay my loan

Check out info about repayment algorithm, repayment currency and early repayments.

Written by Sofia
Updated over a week ago

What happens if I fail to repay my loan

If the borrower wasn’t able to pay, the system would try to make an automatic repayment.

Written by Sofia
Updated over a week ago