CoinLoan adds BNB coin in the first move towards integration

BNB (Binance coin), one of the top five most popular cryptocurrencies by market cap, is now being listed on the CoinLoan platform, enhancing the company’s offer to its clients. This is part of a bigger project from CoinLoan of integrating with the BNB Smart Chain, a stable and cost-efficient Blockchain that supports the following functions:

• Allows developers to build powerful apps
• Allows users to manage virtual assets across blockchains
• Provides large capacity and low latency (the time required for a new transaction to be confirmed by the network)

The integration will bring increased capabilities to CoinLoan’s users, enabling a wide range of opportunities. These can range from faster transactions to the integration capability with other assets and exchanges, the smart chain being a strong alternative to Ethereum as it offers lower gas prices and superior scalability.

Eugene Zomchak, CoinLoan’s Product Owner, said:

“Adding BNB to our scope is the right decision, as it is one of the most popular and capitalized assets, and it will be available across all the products on the CoinLoan platform. We are also preparing for the future integration with the BEP-20 network, so our customers will get all the advantages of using the BNB Smart Chain, such as fast and inexpensive transactions for compatible assets in the near future.”

CoinLoan continues to add a wide range of currencies to its platform and is constantly innovating for the benefit of its users. Both private and corporate clients make use of its main product offering: Wallet, Crypto Exchange, Interest Account, and Instant Loans; these offer users a variety of ways to leverage cryptocurrencies whether they are short- or long-term investors in the market.

Editorial contacts:

Alla Lapidus/Alice Jiga

Moonlight IQ

Email: coinloan@moonlightiq.com 

Tel: +44 (0) 20 7250 4770

About CoinLoan

CoinLoan is an EU-licensed crypto business that offers Instant Loans against crypto assets, Interest Accounts, and Crypto Exchange, as well as corporate services. Its highest security standards and insurance on assets mean that both institutional and private customers benefit from the highest levels of protection.

Its highly-competitive loan and APY rates, transparent pricing, and 24/7 human customer support service have resulted in high customer retention and satisfaction. CoinLoan’s platform allows swapping and managing a comprehensive and growing range of cryptocurrencies, including its native token and fiat currencies.

The company is focused on continuous innovation through state-of-the-art technology and partnerships, bringing customers constant improvements and possibilities within the crypto world.