CoinLoan to Integrate with BNB Smart Chain

Introduction of BNB to CoinLoan’s Offering Marked the First Step to Integration

Xx, Tallinn: CoinLoan, an EU-based regulated crypto platform, plans to integrate with BNB Smart Chain, aiming to enhance the range of its offerings. The introduction of the blockchain’s utility token BNB has become the first step in this process. The token is one of the top largest cryptocurrencies by market cap, backed by the cost-efficient smart chain enabling its users to:-

  • Develop powerful apps;
  • Trade, hold, and otherwise manage their digital assets;
  • Enjoy fast execution of transactions thanks to large capacity and low latency.

The BEP-20 token standard applied on BNB Smart Chain is compatible with Ethereum’s ERC-20, which provides flexibility to app developers. Besides, users appreciate the simplicity of switching between different exchanges. These are why the integration with BNB Smart Chain will allow CoinLoan to create wide opportunities for its clients. 

The cherry on top is that BNB will be made available for crypto loans, a unique offer on the market. Specifically, the range of CoinLoan products includes:-

  • Instant Loans where BNB can be used as collateral in USDT, USDC, BUSD, TUSD, PAX, DAI, EUR, GBP, BTC, WBTC, and ETH loans;
  • Interest Account providing 5.2% APY on BNB and up to 7.2% for those who stake CLT;
  • Crypto Exchange enables users to swap BNB for other cryptocurrencies or fiat money.

CoinLoan’s Product Owner Eugene Zomchak commented on the integration: “Adding BNB to our scope is the right decision. It is one of the most popular and capitalized assets, and it will be available across all the products on the CoinLoan platform. We are also preparing for the future integration with the BEP-20 network, so our customers will get all the advantages of using the BNB Smart Chain, such as fast and inexpensive transactions for compatible assets in the near future”.

The choice of digital assets offered by CoinLoan constantly widens while innovation is seen as the key to creating beneficial conditions for clients. Both private and corporate users can satisfy their needs with a wide range of the platform’s products: Wallet, Crypto Exchange, Interest Account, and Instant Loans. Being a reliable provider of crypto leverage solutions, CoinLoan is a platform of choice for investors of all levels.

About CoinLoan

CoinLoan is an EU-licensed crypto business that offers Instant Loans with crypto assets as collateral, Interest accounts, and Crypto Exchange. It also provides corporate services. The highest security standards and assets insurance mean that both institutional and private customers benefit from the highest levels of protection.

CoinLoan offers highly-competitive loan and APY rates, transparent pricing, and 24/7 human customer support service that serves good for high customer retention and satisfaction. The platform allows swapping and managing a comprehensive and growing range of cryptocurrencies, including its native token and fiat currencies.

The company is focused on continuous innovation through state-of-the-art technology and partnerships, bringing customers constant improvements and possibilities within the crypto world.

Editorial Contacts:-

Alla Lapidus / Alice Jiga

Moonlight IQ

Email: [email protected] 

Tel: +44 (0) 20 7250 4770

Mark Peterson

Mark Peterson has been following the crypto market for the past seven years. As a crypto news journalist, he has recently joined our team. He regularly delivers the most recent happenings of the crypto space. He enjoys writing poems and exploring various crypto trading platforms in his spare time.

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