Cryptocurrency Q&A
How does CoinLoan work?
How does CoinLoan work?
Dario
Wed Dec 11 2024
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7 answers
1697
I want to understand how CoinLoan operates. Could you explain the working mechanism of CoinLoan, including its main functions and features?
7 answers
DigitalCoinDreamer
Fri Dec 13 2024
Users can borrow up to 70% of the value of the deposited crypto assets.
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Leonardo
Fri Dec 13 2024
CoinLoan facilitates the process of obtaining loans against crypto assets.
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GangnamGlitzGlamourGloryDays
Fri Dec 13 2024
It operates similarly to other decentralized finance (DeFi) and centralized finance (CeFi) platforms.
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Giuseppe
Fri Dec 13 2024
To borrow funds, users must deposit crypto assets as collateral.
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BlockchainBaron
Fri Dec 13 2024
The collateral serves as security for the loan amount.
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