Tallinn: CoinLoan, a pioneering provider of crypto-backed loans, has enriched its offerings with instant partial loan repayments. Now, the only EU-licensed crypto platform lets users pay off debt faster and more flexibly without fees or penalties. The revamped model lets existing, and new clients make early repayments they can afford. Flexible amounts are accepted in the denominated currency of the loan.
This upgrade is a big step forward for intelligent crypto management. It is already accessible on the web platform, and the company’s mobile app is expected to feature the option in the near future.
Previously, CoinLoan had one alternative to fixed scheduled installments — full early repayment. The new feature was added in response to customer feedback, as the provider is committed to continuous improvement of its services and user experience.
CoinLoan’s partial repayments are innovative as most other platforms charge users for repaying early. For customers, the scheme translates into easier financial management. Crypto loans are now comparable to bank products. Every client can decide how much to repay.
Evgenii Zomchak, Product Owner of CoinLoan, said: “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 for the benefit of 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 offers a variety of crypto products for individuals and institutions, including interest accounts with above-average interest rates. As the only crypto platform licensed in the EU, it complies with bank-rate security standards.
CoinLoan is the only crypto platform licensed in the European Union. Launched in 2017, it offers crypto loans, interest accounts, and crypto exchange. CoinLoan serves both private and corporate clients and complies with bank-grade security standards. Insurance of all assets guarantees the highest degree of protection.
CoinLoan’s key strengths include highly competitive interest rates and APY, transparency, and 24/7 human customer service. The company takes pride in its impressive level of customer retention and satisfaction. Users can swap and manage a wide and ever-growing array of crypto assets, including fiat currencies and the native token — CLT.
CoinLoan has a drive for perpetual innovation supported by cutting-edge technology and partnerships. Its mission is to bring continuous advancements and new opportunities to customers in the crypto realm.
For more information, please visit us at https://coinloan.io/ and follow us on , , , and .
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