❕NEWS - DeFi Lending Platform CoinLoan Launched Crypto Card Powered by Visa | BeerMoneyForum.com

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LutherKing

Guest

Dec 5, 2021

Defi lending platform coinloan has launched its visa virtual and plastic card that allows users to purchase like any other card does

It comes with coinloan added features including cashbacks z rewards and referral programs

Kyc and waitlist is mandatory at the moment and many users are in queue

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microunit

Sapphire Member

Dec 7, 2021

I wonder how it pays with stuffs though, if it directly converts your cryptocurrencies in your wallet to fiat and then it pays the cost or the merchant will receive payment in full cryptocurrency as the first one is good most crypto payment gate does things where they'll convert the crypto to us current value of fiat then send that fiat money to the merchant

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darasimi

Gold Member

Dec 10, 2021

I am always happy whenever I come across news making rounds on cryptocurrency. The way the crypto market is been explored is on the high side and the way the blockchain technology is been introduced into different works of life is very amazing. The Defi platform is really growing.

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darasimi

Gold Member

Dec 11, 2021

shkilite said:
CoinLoan is a regulated financial institution licensed under Estonia Financial Authority. Formed in 2017, it's the only platform that provides loans in crypto-assets backed by fiat collateral.

It's good that you share the wonderful information. If I may ask, is it possible for investors to accessd the loan globally? I have heard of various platforms supporting the digital assets loan. The call some of the loan on Defi a Flash Loan. It's a loan that one could access via the Smart contract.