Deposits & withdrawals

How to deposit and withdraw crypto

To deposit crypto into CoinLoan, send your asset to the address on the platform. To withdraw the funds, send them to another address.

Written by Anastasia
Updated over a week ago

Bitcoin and Litecoin address types

CoinLoan supports the Bech32 and Legacy address types for BTC and LTC. To deposit BTC or LTC to CoinLoan, you must select the correct type.

Written by Anastasia
Updated over a week ago

What is a Ripple (XRP) Destination Tag and how to use it

Ripple Destination Tag is a unique numerical code generated with the XRP deposit address. Don’t forget to specify it when transferring XRP.

Written by Sofia
Updated over a week ago

What is Stellar (XLM) Memo and how to use it

Memo is a unique numerical code generated with the XLM deposit address. Don’t forget to specify Memo when depositing or withdrawing Stellar.

Written by Anastasia
Updated over a week ago

Ethereum and Binance (BSC) blockchains

Everything you need to know about Ethereum and Binance blockchains and how to use them on our platform to transfer assets.

Written by Sofia
Updated over a week ago

BNB Smart Chain (BSC) on CoinLoan

At the moment, you can use the BNB Smart Chain (BEP-20 token standard) to transfer BNB, USDC, BUSD, and USDT.

Written by Anastasia
Updated over a week ago

Network selection

Currently, CoinLoan supports both BSC and Ethereum to transfer certain stablecoins. Here’s the guide on choosing the network for a transfer.

Written by Anastasia
Updated over a week ago

What is Address Book and how to use it

Address Book is useful for preventing manual errors while entering crypto addresses. Check the address once and save it to your Wallet.

Written by Anastasia
Updated this week

How many confirmations are required to deposit cryptocurrency?

Each cryptocurrency requires a certain number of network confirmations to deposit assets to your CoinLoan account.

Written by Nick
Updated over a week ago

Withdrawal statuses

Withdrawals on the platform have different statuses that show which stage of processing they are currently in.

Written by Anastasia
Updated this week

What is transaction hash/ID (TXID) and how to find it

TXID is an identifier that labels each crypto transaction. You can use it to contact our support regarding any transaction issues you have.

Written by Anastasia
Updated over a week ago

PAX is now USDP

Written by Sofia
Updated over a week ago

How to deposit and withdraw fiat

You can deposit and withdraw fiat via Wire transfer, SWIFT, and SEPA.

Written by Anastasia
Updated over a week ago

How to deposit and withdraw funds via SWIFT

Choose SWIFT as a payment method, enter the desired amount, and confirm the transfer. Don’t forget to check your bank details.

Written by Anastasia
Updated over a week ago

How to deposit and withdraw EUR via SEPA

Choose SEPA as a payment method, enter the desired amount, and confirm the transfer. Don’t forget to check your bank details.

Written by Anastasia
Updated this week

How to deposit USD on CoinLoan via wire transfer

You can send USD directly from your bank account. It will be converted to USDC at a 1-to-1 ratio and added to your CoinLoan Wallet.

Written by Anastasia
Updated over a week ago

How to add a bank account to your Wallet

To deposit USD on CoinLoan, you need to add a USD bank account to your Wallet.

Written by Sofia
Updated over a week ago

Why was my USD wire transfer rejected?

In this article, we described the most common rejection reasons.

Written by Sofia
Updated over a week ago

Unsupported bank accounts for wire transfers

CoinLoan does not support wire transfers from bank accounts that require FFC and accounts of neobanks.

Written by Anastasia
Updated over a week ago

Do you support ACH?

No. We currently don’t support ACH transfers. However, you can use a different method to deposit fiat on CoinLoan.

Written by Anastasia
Updated over a week ago

How long withdrawals and deposits take

Transfers take up to 24 hours for crypto and 1–3 days for fiat. Deposits to Interest Account are instant, withdrawals are once a day.

Written by Anastasia
Updated over a week ago

Minimum and maximum withdrawal limits

The minimum withdrawal amount is different for each asset. The maximum withdrawal amount from your Wallet is $5,000.*

Written by Sofia
Updated over a week ago

24h Account Withdrawal Limit

Use the feature to always know how much you can withdraw to stay within your account limit.

Written by Anastasia
Updated over a week ago