CoinLoan, a pioneering crypto lending platform, has added instant partial repayments to its offerings. Now, users who take out crypto-backed loans can save on interest without penalties for early repayment. They also have the freedom to choose the amount, as the reinvented model has no minimum requirement. This is yet another competitive advantage for the EU’s only licensed crypto platform.
CoinLoan’s flexible partial repayments take intelligent asset management to a new level. The system brings unrivaled convenience as users can transfer as much as they want in the denominated currency of the loan. The feature is currently available on the web platform, and it will soon be added to the mobile app.
CoinLoan has upgraded its conditions in direct response to customers’ wishes. The platform is committed to continuously advancing its services and user experience. Partial repayments are attractive for borrowers who don’t want to follow a fixed schedule but cannot pay off their loans in full at once.
CoinLoan is the only crypto lending platform without penalties for early partial repayment, and most competitors charge substantial fees. In a wider sense, CoinLoan has made crypto loans as flexible as bank products, and borrowers can choose any affordable amount.
Evgenii Zomchak, the Product Owner of CoinLoan, commented: “We are very pleased to be able to offer our customers this new feature on our loan offering. We continuously look to innovate our product to benefit the user and the wider crypto community, and this development will help our loan customers with greater flexibility on repayments. The CoinLoan team has decades of experience in finance and technology worldwide, and we are looking to bring bank-grade services to the crypto industry.”
CoinLoan is the only EU-licensed platform with crypto-backed loans and interest-earning accounts. It guarantees bank-grade security to private and institutional clients; convenience, higher-than-average APY, and attractive loan terms cater to borrowers and lenders.
About CoinLoan
CoinLoan is one of the first crypto lending platforms and the only EU-licensed crypto business. Since its establishment in 2017, it has been focused on innovation. CoinLoan offers loans with crypto collateral, interest accounts with higher-than-average APY, and exchange services.
Private and institutional clients use CoinLoan with confidence as it provides the highest level of protection with bank-grade security and insurance for all assets. Transparency, attractive rates for loans and deposits, and 24/7 human support drive customer loyalty and satisfaction.
Users have a wide choice of assets for swapping and management. CoinLoan works with several dozen cryptocurrencies and fiat currencies, and it also offers a native token — CLT. The company’s trailblazing technology and partnerships reflect its strong emphasis on innovation. CoinLoan’s dedication to continuous enhancement helps it unlock new opportunities for the benefit of the crypto world.
For more information, please visit us at https://coinloan.io/ and follow us on , , , and .
Source: https://www.cryptonewsz.com/crypto-loan-no-fee-repayment-scheme-launched-by-coinloan/