CoinLoan is a crypto-lending platform where users can manage cryptocurrency assets. Crypto lending is the procedure to borrow loans by offering cryptocurrencies as collateral. The platform aims to help users borrow, swap, trade, and grow their assets safely..

As of now, while moving cryptocurrency from crypto wallet to lending platform, the user needs to derive a trading strategy. This process of exchange takes many stations with transfers, and in each transfer, the user has to pay. CoinLoan is a platform that provides a shortcut. Here, all the steps can be done inside one platform that allows users to react fast.

The CoinLoan aims to be a platform for people who want all tools in one place. CoinLoan consists of features like accounts that offer a yield, instant loans, and crypto exchange. A yield account is a place where the user can store idle assets. Furthermore, with Instant Loan, one can borrow against the crypto in a couple of minutes. This feature is used to get cash while holding the asset. Another feature is that crypto exchange is an easy place for trading coins. Here, the user can purchase digital assets like Bitcoin, Ethereum, etc.

CLT is the native token of the platform. CLT is an ERC-20 standard token running on Ethereum. The token is used for paying the fee for borrowing and withdrawing. While the platform doesn't charge any fee for depositing, the users can get a 50 percent fee discount using CLT tokens.

The crypto lending platform CoinLoan is a regulated financial institution under Estonia Financial Authority. The platform aims to ease the complicated AML and KYC (know your customers) procedures. AML (anti-money laundering) is the steps that financial institutions must take to prevent criminals from depositing or transferring funds from illicit activities.

In August 2017, the idea of CoinLoan was presented for the first time to the public. In April 2018, CoinLoan obtained its financial licenses. In December 2018, services of crypto exchange were started on CoinLoan. In November 2019, instant account service had appeared, and Instant loans were introduced in December 2019. Later in April 2020, the CoinLoan app for android and iOS was launched.