CoinLoan’s May Update

The month brought a couple of practical and pleasant updates to the CoinLoan app. We have polished a few things that we think you will appreciate. You’ve already installed it, haven’t you? Another big news is the XRP listing. The new coin is now available as loan collateral and arrived in the Interest Account.

Crypto Exchange Goes Mobile

The new product is now available in the app. Now you can buy, sell, and manage your digital asset portfolio with competitive exchange rates directly from mobile.

Russian Localization for the App

One of the first comments we got on the app was “when languages”? We promised to offer more languages ASAP, and we keep the promise. The translation of the app into Russian goes live today for our numerous users from the CIS region. Please let us know which translation do you want to see with the next update!

Meet Ripple on CoinLoan

Let us introduce XRP — a new coin listed at CoinLoan. It’s now available as collateral for crypto-backed loans and as an asset to earn up to 5.7% APY with CoinLoan Interest Account. Good news for XRP holders!

Please refer to the link below to view the full announcement:

XRP (Ripple) Listed on CoinLoan

Our Forecasts About the Bitcoin Halving

On May 11, the Bitcoin miner’s reward was cut in half from 12.5 Bitcoin to 6.25. It was the third halving in Bitcoin’s history.

Even though we believe that halving will benefit the market in general and bitcoin in particular, even though we expect bitcoin to rise in the long run, we are alarmed by a widespread of hyper-optimistic forecasts about the bitcoin halving.

To read the full article, please follow the link below:

Balanced View on Positive and Negative Effects of Bitcoin Halving

Brace Yourself, Economic Crisis Is Coming

We each actually have a goose that lays golden eggs. The expression on Wall Street is, don’t put all of your eggs in one basket. Well, the next better thing we could do is to diversify the goose.

Number one is the worst number when calculating income sources because it can instantly turn into zero, especially in times of crisis. People lose their jobs, businesses and investments already now. There are no guarantees in this world, so you need to have a backup plan.

This article shows how to create plans B, C and D using one investment tool, knowledge and frugality:

3 Ways to Diversify Income Streams & Survive the Crisis

How to Keep Yourself Safe From Hackers

The cryptocurrency industry can be a lot like the wild west at times. We want to guide you in finding the right ways to protect your crypto and even show you how to generate extra income while doing so.

For more instructions, please follow the link:

How to Keep Yourself Safe from Hackers

💫 CoinLoan is a universal platform for crypto and fiat assets. We help to keep your assets safe and manage them from one dashboard.

💡First time here? Visit our home page and get to know the CoinLoan lending platform a little better.

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