# CoinLoan Crypto Wallet & Loans

> Crypto wallet, interest accounts, and instant crypto-backed loans. (iPhone/iPad app by CoinLoan OU.)

- Source: https://appshunter.io/ios/app/coinloan-crypto-wallet-and-loans/id1506572788 (this page in markdown: same URL + `.md`)
- Developer: [CoinLoan OU](https://appshunter.io/developer/1506572787)
- Category: Finance, Business
- Price: Free
- Rating: 4.70/5 from 394 App Store ratings · 35 written reviews indexed
- Age rating: 4+
- Requires: iOS 13.0 · 58 MB
- Languages: American English
- Released: 2020-04-24
- Data updated: 2026-06-10
- Monetization: free with in-app purchases
- User reviews in markdown: https://appshunter.io/ios/app/coinloan-crypto-wallet-and-loans/id1506572788/reviews.md

## What is CoinLoan Crypto Wallet & Loans?

CoinLoan is a robust and simple ecosystem containing several products and services: cryptocurrency Wallet, Instant Loans and Interest Account.

CRYPTO WALLET

If you’re looking for a reliable and secure service for holding your assets, CoinLoan is exactly what you need. Our crypto app is a simple yet solid solution for those who want to store their funds in one place. We offer a transparent and smart way to manage your cryptoassets – the CoinLoan Wallet.

What you can do with the CoinLoan Crypto Wallet:

– Easily transfer crypto between your wallets. 
– Deposit crypto with no fees; get one free withdrawal per month for ETH and ERC-20 tokens and free withdrawals for other assets.
– Deposit funds to your Interest Account and start earning.
– Borrow crypto or fiat by getting an Instant Loan.

You can deposit Bitcoin, Bitcoin Cash, Litecoin, Polkadot, Monero, Cardano, and other crypto. Please see the full list of available assets:

– Crypto: BTC, ETH, BCH, XRP, WBTC, XLM, PAXG, DOT, LINK, LTC, BNB, XMR, ADA, SOL, and MKR;
– Stablecoins: PAX (USDP), USDT, TUSD, DAI, BUSD, and USDC
– Fiat: EUR, GBP, and USD

Download the app and start funding your Wallet via the most convenient way.

For fiat funds:

– SEPA (for Eurozone residents)
– Wire transfer (for USA residents)
– SWIFT (available worldwide)

For stablecoins:

– ERC-20 network to deposit coin as a token from your other wallet
– Wire transfer to deposit USDC

For crypto:

– Use your crypto wallet to deposit the desired asset on CoinLoan
– For BTC and LTC, we use a modern Bech32 address format
– For XLM deposits, we require a Stellar Lumens Memo
– For XRP deposits, we need a Destination Tag

After making a deposit, you can use our products with one click.

INSTANT LOANS

To get a loan might be a big deal, but we constantly work on making the process as easy as possible for you. With our money loan app, you can get personal loans on favorable terms.

– APR is from 4.95% to 11.95%.
– The only thing required is collateral.
– Choose between 20%, 35%, 50%, and 70% LTV.
– Repayment according to a repayment schedule.
– No fees or penalties for early repayment.
– Loan term is from 1 month to 3 years.
– We do not require repayment in full in 60 days or less.
– Borrow money (crypto-to-crypto, crypto-to-fiat, and fiat-to-crypto).

INTEREST ACCOUNT

No more need to sell your coins to profit. Instead, keep your crypto and make it work just by parking the assets on your Interest Account.

– Earn up to 8.2% APY.
– Deposit with no fees.
– Get daily interest for parking cripto and stablecoins.
– Earn crypto on staking CLT.


COINLOAN’S MAIN BENEFITS:

– THE ASSETS’ SAFETY: CoinLoan stores your crypto at the certified custodian with $250M insurance coverage. We have a strict access recovery policy, require two-factor authentication, and perform all crypto operations according to Cryptocurrency Security Standard.

– FINANCIAL REGULATION: Our company is a regulated financial institution licensed by the Estonian Intelligence Unit (FVT000114 – Financial services, Providing a virtual currency service, FFA000241 – Financial services, Operating as a financial institution). We take care of the KYC and AML procedures under European and international regulations.

– BENEFICIAL RATES: We have one of the best rates on the market. With CoinLoan, you can borrow crypto and fiat at 4.5% APR, get up to 8% APY accrued to you daily and credited monthly, and instantly buy, sell, or swap 25+ assets.

– MULTI-LANGUAGE INTERFACE: English, German, French, Japanese, Spanish, Korean, Portuguese, Russian, and Turkish.

The CoinLoan trust wallet app is a platform for parking your assets securely and using our products.

## Key features

- Secure cryptocurrency wallet
- Earn interest on crypto deposits
- Instant crypto-backed loans
- Support for multiple cryptocurrencies and stablecoins
- Fiat deposits and withdrawals
- Daily interest accrual

## What do users think of CoinLoan Crypto Wallet & Loans?

Overall sentiment: mixed

**Pros**

- 💰 Competitive interest rates on crypto assets
- 👍 User-friendly interface and ease of use
- 🚀 Fast deposit and withdrawal processes
- 🔒 Strong security features and encryption
- 💬 Responsive and helpful customer support
- 📱 Simple account setup and onboarding
- 💎 Support for multiple cryptocurrencies
- ⚡ Seamless loan application process

**Cons**

- ⚠️ Company financial instability and closure concerns
- 🚫 No functionality in CoinLoan wallet
- ❌ Geographic restrictions (New York not supported)
- 🔐 No FDIC insurance protection
- ⏰ 24-hour withdrawal delay for flexible accounts
- 💸 Misleading advertising about lock-up periods
- 🔄 Confusing interest account transfer requirements
- 📅 Monthly payout frequency instead of daily
- ⚠️ Liquidation risks on loans

**Commonly reported bugs**

- Wallet deposit functionality disabled
- Loan application not working for some users
- 2FA key export issues on account recovery

**Most requested features**

- Support for Shiba Inu token staking
- Referral code system for easier sharing
- Multiple fiat deposit methods beyond wire transfer
- Instant asset withdrawal at any time
- Support for New York state residents
- Daily interest payouts instead of monthly

## Recent user reviews (10 of 35)

All indexed reviews: https://appshunter.io/ios/app/coinloan-crypto-wallet-and-loans/id1506572788/reviews.md

### 1/5 — Don’t download

*2024-02-17*

Don’t get this app , invested $500 then all of a sudden the company going out of business. Won’t return any of my money , surprised the app is still up with everything that’s going on.

### 1/5 — CoinLoan no longer a hot wallet?

*2023-10-01*

Not sure how long this has really been an issue but for at least the past week I’ve noticed there is literally NO functionality allowed for the CL wallet anymore. I can’t even deposit crypto if I wanted to, just gaze at what’s already there. A rep had even blatantly told me via support chat this company wasn’t providing loans as their name even suggests. Call me crazy but I think the most minimal changes can break an app and it’s trust with stakeholders far too easily.

### 5/5 — Excellent

*2022-05-19, version 1.5.3*

Been using CoinLoan for well over a year. Excellent customer service and rates. One of the better interest earning platforms out there.  Would definitely recommend

**Developer response:** Thanks, Johnny. We hope that you will continue enjoying our services! 🤩

### 5/5 — Great so far

*2022-05-16, version 1.5.3*

Great deposit rates.  It would be nice if it was easier to deposit fiat besides wire.

**Developer response:** Thanks for posting your review, we appreciate it. We make sure to take your comment into consideration 😉

### 1/5 — Don’t support New York

*2022-04-26, version 1.5.1*

New York is not on the lists of states.

### 4/5 — Good app for interest accounts, but

*2022-02-23, version 1.4.2*

I don’t know how I fully trust this app. Yes it could be legit, but with every newly app or company that gives you interest comes with risks. This app doesn’t support FDIC insurance, although they do say that your crypto is insured up to 100 million from bitgo. I don’t know how reliable that is, but with that I continue to use them. Though with small amounts, anyone will still be at risk when using this app to put money in. Take it with a grain of salt, don’t put money that you are willing to loose.

**Developer response:** Thanks for sharing your opinion regarding our application. We indeed take our security as one of the highest priorities and hope that our customers understand this. In case you need any detailed information - you can always contact our support.

### 1/5 — CoinLoan is a SCAM or TRAP.

*2022-01-27, version 1.4.1*

BIG SCAMMERS DON’T DEPOSIT MONEY. USE MORE REPUTABLE INTEREST ACCOUNTS. They tell you all about their interest rates and give you instructions to wire them money, but never include in their instructions that your money doesn’t earn interest unless you transfer it AGAIN to an interest account.

**Developer response:** Thanks for your review and sorry that you feel this way about our services. Please make sure to contact our support (support@coinloan.io) with the questions that you have and in case something in our platform is not clear to you. Let me provide you with a bit more info:  let me provide you with a bit more info: similar to bank deposits, we have separated wallet and interest earning on our platform. In case you have any further questions, email our support at support@coinloan.io

### 5/5 — Speedy customer service got back to me same day

*2021-12-27, version 1.3.1*

I forgot to export my 2FA keys from my old phone and I thought my money was lost forever by thanks to their customer service in about 5 emails and a Face ID later and I was back in my account.

**Developer response:** Thanks for such nice feedback about our work! We are doing our best to keep our customers satisfied. 😌

### 5/5 — Reliable app

*2021-12-22, version 1.3.1*

This app is all around amazing. I deposited big chunks of crypto to earn interest on and was able to deposit and withdraw without any problems.

**Developer response:** Thanks for your review and welcome to our community! 🤗

### 2/5 — Misleading Advertising

*2021-12-21, version 1.3.1*

This Defi Application advertises that there is no lock up period for assets stored in the flexible interest bearing wallet, but there is a lock up period. They only release assets to their respective owners at 14 UTC everyday. So if you request your assets at 14:01 UTC you’ll have to wait a full day for access to your assets. The Nexo defi app provides access instantly at any time of day, CoinLoan does not.

Digital Assets are providing an age of instant settlement of assets. Platforms that do not provide this to their customers will fade away.

**Developer response:** Thanks for your review. You are, of course, entitled to your opinion. However, this would be a matter of discussion. We respect your opinion, but we disagree with it. 
We insist there is indeed no lock-up period on Interest account deposits - customers can withdraw funds at any time and receive interest for the number of days funds were on the Interest account. Similar to your example with 14:01 UTC, we can say that your withdrawal will be processed within a few minutes from making a withdrawal request in case you make it at 13:55 UTC. 
Moreover, all this information is available in our Help Center. Our support team is available 24/7 to provide answers to any questions that you have. 
In case you have any additional questions or suggestions, feel free to share them with our team at support@coinloan.io

## Frequently asked questions about CoinLoan Crypto Wallet & Loans

### What does the CoinLoan app do?

The CoinLoan app provides a cryptocurrency wallet for secure asset storage, an interest account to earn passive income on your crypto, and offers instant loans using your digital assets as collateral. It aims to be a comprehensive financial ecosystem for crypto users.

### What are the key features of CoinLoan?

Key features include a secure crypto wallet with easy transfers, the ability to earn up to 8.2% APY on deposits, and instant loans with APRs starting from 4.95%. It supports a wide range of cryptocurrencies, stablecoins, and fiat currencies for deposits and withdrawals.

### How does the interest account work?

You can deposit your crypto and stablecoins into the Interest Account to earn daily interest, with potential APY up to 8.2%. There are no fees for deposits, and you can earn additional crypto by staking the platform's native token, CLT.

### What are the loan terms and conditions?

Loans require collateral and offer LTV options of 20%, 35%, 50%, and 70%. Repayment schedules are flexible, with no fees or penalties for early repayment. Loan terms range from 1 month to 3 years, and you can borrow crypto or fiat.

### Is the app compatible with my device?

While specific compatibility details are not provided in the description, the app is designed for mobile use, implying compatibility with major smartphone operating systems like iOS and Android. Users should check their respective app stores for precise device requirements.

## Version history (last 5 releases)

### 1.7.7 — 2023-06-03

Bug fixes

### 1.7.6 — 2023-05-01

Bug fixes

### 1.7.5 — 2023-02-23

– Fixed Account сreation form. Added available balance to the asset selector.
– Dark theme Improvements.

### 1.7.4 — 2022-12-22

Earn higher interest with our Fixed Account!
— Lock your assets for a certain period and get higher rates.
— At the end of the deposit period, the deposit amount and your interest are automatically credited to your Wallet.
— You can create up to ten accounts on each asset.
Enjoy!

### 1.7.3 — 2022-12-13

What’s new?
— Enhanced application security
— Updated Intercom widget

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-06-10.*