Blockchain : The CoinLoan Platform is Live and Waiting for You to Lend and Borrow!
**What is CoinLoan?**
[*CoinLoan*](https://app.coinloan.io/?utm_source=reddit&utm_medium=post&utm_campaign=platform_launch) is a lending platform with a P2P economy. On CoinLoan any person or company can become a lender or a borrower on its own terms. The platform’s primary objective is to link counteroffers and ensure the safety of the deal.
**How does it work?**
Crypto collateral protects lender’s fiat funds from the risks of non-repayment. Borrowers get a loan regardless of the credit history and don’t need to choose between holding their crypto and getting access to money.
**What makes us different?**
At the moment, the CoinLoan offers the most flexible conditions in the lending market. Any user has an opportunity to customize the amount and term of a loan, choose currency or cryptoasset for collateral, interest rate and LTV (loan-to-value ratio).
**How to start?**
It is enough to register and verify your account for creating a lending or borrowing application. If there is a suitable counteroffer, the applications will be matched and the user will quickly receive fiat money. Licenses, credit history checks or solvency proofs are not required for borrowing or getting a loan.
**Which way to turn?**
* Follow the [*link*](https://app.coinloan.io/?utm_source=reddit&utm_medium=post&utm_campaign=platform_launch) to start lending and borrowing.
* Contact us with your questions or feedback via [support@coinloan.io](mailto:support@coinloan.io)
What is the Blockchain?
A block chain is a transaction database shared by all nodes participating in a system based on the Bitcoin protocol. A full copy of a currency’s block chain contains every transaction ever executed in the currency. With this information, one can find out how much value belonged to each address at any point in history.
Author: NegativePizza
Score: 3
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