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Home Platforms Binance vs Coinloan

Compare Binance vs Coinloan

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Pros & Cons

tick The biggest crypto platform in the world
tick Huge array of innovative crypto related services
tick High liquidity exchange offers competitive rates
tick Low maker and taker exchange fees
tick Higher average review rating than Coinloan (94% vs 90%)
tick More reviews than Coinloan (856,000 vs 1,044 reviews)
tick Higher rating for android phone app than Coinloan (4.7 vs 4.3 stars)
tick Pro exchange marketplace available on Binance but not on Coinloan
tick Peer to peer exchange available on Binance but not on Coinloan
tick Has a lower level of insurance than Coinloan
tick Interface supports French, Bulgarian, Japanese, Greek, Arabic, Argentinian-Spanish, Latvian, Turkish, Polish, Brazilian-Portuguese, Vietnamese, Portuguese-Portuguese, Swedish, Romanian, Spanish, Simplified Chinese, Czech, Hebrew, Slovenian, Traditional Chinese, Italian, Indonesian, Mexican Spanish, Ukrainian Russian, Hindi, Chilean Spanish, Peruvian Spanish, Colombian Spanish, Filipino, Urdu and Bengali whereas Coinloan doesn't
tick High LTV of up to 70% available on loans
tick High savings account interest rates
tick Daily compound interest
tick All savings accounts are instant access
tick Full transparency on company location and regulation status
tick No hidden fees
tick Simple and intuitive web and phone app
tick No credit checks
tick Russian and German language versions
tick Higher rating on Trustpilot than Binance (4.3 vs 2 stars)
tick Has email support but Binance doesn't
tick Has phone support but Binance doesn't
tick Interface supports German whereas Binance doesn't
Savings Rates
tick Binance will pay interest on Brazilian Real (BRL) fiat currency deposits whereas Coinloan does not
tick Binance will pay interest on JUST (JST) stable coin deposits whereas Coinloan does not
2 more savings rates pros ...
Savings Rates
tick Coinloan has a higher base saving rate for Russian Ruble (RUB) (8.3% vs 2%)
tick Coinloan will pay interest on 2 fiat currency deposits not offered by Binance:
Pounds Sterling (GBP)
Euros (EUR)
5 more savings rates pros ...
Loan Rates
tick Binance offers loans in Dai (DAI) stable coin deposits whereas Coinloan does not
3 more loan rates pros ...
Loan Rates
tick Coinloan offers loans in 2 fiat currency deposits not offered by Binance:
Pounds Sterling (GBP)
Euros (EUR)
tick Coinloan has a lower loan rate for 2 stable coins:
Tether (USDT) (4.5 - 12% vs 14.6%)
USD Coin (USDC) (4.5 - 12% vs 14.6%)
4 more loan rates pros ...
cross Headquarters location and license status unclear
cross Fiat withdrawls not available in some countries due to regulatory reasons
cross Withdrawls from savings account are not instant. They are processed daily at 14:00 UTC.
cross Funds must be manually moved from wallet to interest account to start earning interest
cross Savings account interest calculated daily but only paid out monthly
cross Low LTV required to get the best loan rates
cross 1% loan setup fee (0.5% if paid in CLT)
cross No loans in USD available
cross High LTV of up to 70% could put savers at risk in the event of a crypto crash
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Reviews

94% based on 856,000 reviews
90% based on 1,044 reviews
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Savings Rates

The table below compares the savings rates for Binance and Coinloan. Enter the amount you intend to deposit to get a more detailed comparison.
Fiat Currencies
BRL Brazilian Real
1% APY
1% APY
RUB Russian Ruble
2% APY
2% APY
Stable Coins
DAI Dai
2.2% APY
2.2% APY
JST JUST
2% APY
2% APY
USDC USD Coin
0.3% - 1.2% APY
0.3% - 1.2% APY
USDT Tether
1% - 10% APY
1% - 10% APY
Crypto Currencies
5% APY
5% APY
AAVE Aave
1% APY
1% APY
5% APY
5% APY
ADA Cardano
5% APY
5% APY
AERGO Aergo
1% APY
1% APY
1% APY
1% APY
AKRO Akropolis
2% APY
2% APY
ALGO Algorand
1% APY
1% APY
0.5% APY
0.5% APY
AMP Amp
0.5% APY
0.5% APY
1% APY
1% APY
ANKR Ankr
5% APY
5% APY
APE ApeCoin
10% APY
10% APY
API3 API3
2% APY
2% APY
AR Arweave
1% APY
1% APY
ARK Ark
0.5% APY
0.5% APY
ARPA ARPA Chain
1.25% APY
1.25% APY
ASTR Astar
1% APY
1% APY
ATOM Cosmos
1.42% APY
1.42% APY
1% APY
1% APY
AVAX Avalanche
0.2% - 3% APY
0.2% - 3% APY
1% - 70% APY
1% - 70% APY
2.37% APY
2.37% APY
BAL Balancer
4.21% APY
4.21% APY
0.448% APY
0.448% APY
0.829% APY
0.829% APY
3.71% APY
3.71% APY
BIDR BIDR
0.3% APY
0.3% APY
BLZ Bluzelle
5% APY
5% APY
BNT Bancor
10% APY
10% APY
BNX BinaryX
15% APY
15% APY
BOND BarnBridge
7.86% APY
7.86% APY
BSW Biswap
2% APY
2% APY
BTC Bitcoin
0.1% - 10% APY
0.1% - 10% APY
1% - 10% APY
1% - 10% APY
C98 Coin98
3% APY
3% APY
2% - 50% APY
2% - 50% APY
CELO Celo
2% APY
2% APY
0.5% APY
0.5% APY
CHR Chromia
1% APY
1% APY
CHZ Chiliz
10% APY
10% APY
1% APY
1% APY
COCOS Cocos-BCX
20% APY
20% APY
COMP Compound
1% APY
1% APY
COTI COTI
10% APY
10% APY
5% APY
5% APY
CVC Civic
2.83% APY
2.83% APY
5% APY
5% APY
DASH Dash
0.702% APY
0.702% APY
DGB DigiByte
0.5% APY
0.5% APY
DIA DIA
1.5% APY
1.5% APY
2% APY
2% APY
DOCK Dock
25% APY
25% APY
DODO DODO
1% APY
1% APY
DOGE Dogecoin
0.5% - 1% APY
0.5% - 1% APY
DOT Polkadot
5% APY
5% APY
DREP DREP
50% APY
50% APY
DYDX dYdX
10% APY
10% APY
EGLD Elrond
15% APY
15% APY
0.5% APY
0.5% APY
2% APY
2% APY
EOS EOS
0.354% APY
0.354% APY
EPX Ellipsis
2% APY
2% APY
ERN Ethernity
1% APY
1% APY
1% APY
1% APY
ETH Ethereum
0.2% - 4.8% APY
0.2% - 4.8% APY
FET Fetch.ai
0.47% APY
0.47% APY
FIL Filecoin
0.4% APY
0.4% APY
FIRO Firo
5% APY
5% APY
FLM Flamingo
5% APY
5% APY
FLOW Flow
5% APY
5% APY
FOR ForTube
1% APY
1% APY
FTM Fantom
1% APY
1% APY
FTT FTX Token
1% APY
1% APY
FUN FUNToken
15% APY
15% APY
1% APY
1% APY
GAL