Most people hear about Bitcoin or Ethereum and assume that’s all there is to crypto. But behind the scenes, there are dozens of tokens built for one specific job: making lending and borrowing crypto easier, safer, and more profitable. CoinLoan (CLT) is one of those tokens. It’s not meant to be a speculative gamble. It’s a utility token built to power a real lending platform that’s been around since 2017 - and survived multiple crypto crashes.
What Exactly Is CoinLoan?
CoinLoan isn’t a blockchain. It’s not a wallet. It’s a centralized finance (CeFi) platform based in Estonia that lets you lend your crypto to earn interest or borrow cash against your crypto holdings - without a credit check. Think of it like a bank, but for cryptocurrency. And CLT is the engine that keeps it running.Unlike DeFi platforms like Aave or Compound, where you interact with smart contracts and manage your own keys, CoinLoan handles everything for you. You sign up, verify your identity, deposit your Bitcoin or Ethereum, and start earning interest. If you need cash, you can borrow against your crypto and get funds in EUR or GBP via bank transfer. No paperwork. No credit score checks. No early repayment fees.
What Is CLT, and Why Does It Matter?
CLT is the native token of the CoinLoan platform. It runs on Ethereum as an ERC-20 token. But here’s the catch: you don’t need CLT to use the platform. You can lend Bitcoin, borrow USD, and earn interest without ever touching CLT. But if you do hold it, you unlock serious perks.Staking CLT on CoinLoan gives you:
- Up to 25% discount on borrowing fees
- Higher interest rates on deposits
- Priority customer support
- Exclusive access to new features
It’s not a reward token like some others. It’s a membership card. The more CLT you hold, the better your deal becomes. That’s why the token exists - not to pump and dump, but to incentivize long-term users.
Supply and Distribution: Why Is Only 1.95 Million in Circulation?
CoinLoan launched in 2017 with a fixed supply of 22 million CLT tokens. That’s it. No more will ever be created. But here’s the surprising part: as of October 2025, only 1.95 million CLT tokens are in circulation. That’s less than 9% of the total supply.So where’s the rest?
- 15 million - sold during the public ICO
- 5 million - sold in pre-ICO rounds
- 2 million - held by founders and advisors
That means 20 million tokens - over 90% - are still locked up. Some are held by the team as long-term incentives. Others are likely held in reserve for future platform growth, team bonuses, or liquidity programs. This isn’t unusual for CeFi platforms, but it’s something you should know. If those tokens ever hit the market, it could put downward pressure on the price.
Right now, CLT trades at around $0.329 USD. That gives it a circulating market cap of just $641,420. Its all-time high was $192.18 in December 2020. That’s a drop of over 99%. But here’s the thing: CLT was never meant to be a trading asset. It’s a platform utility token. Its value comes from usage, not speculation.
How Does CoinLoan Compare to Other Lending Platforms?
Let’s break it down.| Feature | CoinLoan | DeFi (e.g., Aave) | Traditional Crypto Lenders (e.g., Celsius pre-collapse) |
|---|---|---|---|
| Platform Type | Centralized (CeFi) | Decentralized (DeFi) | Centralized (CeFi) |
| Interest Rates (Lending) | Up to 9.2% APY (Fixed), 6.2% APY (Flexible) | Variable, often 3-7% | Up to 12% (but many failed) |
| Borrowing APR | From 5.5% | From 4-8% | Varied, often higher |
| Loan-to-Value Ratio | Up to 70% (80% if using CLT as collateral) | Up to 75% | Up to 80% |
| Collateral Required | Crypto only | Crypto only | Crypto only |
| Regulation | Compliant with EU laws | None | Most were unregulated |
| Customer Support | Real humans, 24/7 | Discord bots, forums | Varied, often poor |
| Insurance | $250 million coverage | None | Most had none |
What makes CoinLoan stand out isn’t just the rates - it’s the combination of regulation, insurance, and human support. DeFi is great for tech-savvy users who want full control. But if you’re new to crypto, or just want to sleep at night knowing your assets are protected by real-world safeguards, CoinLoan is a better fit.
Why Is CLT’s Trading Volume So Low?
CoinMarketCap shows $0 in 24-hour trading volume for CLT. That’s not a typo. It’s a sign of how the token is used - or rather, how it’s not used.Most CLT holders aren’t trading it. They’re staking it. They’re using it to reduce fees on the platform. They’re holding it because they’re long-term users of CoinLoan, not speculators. This is a token designed for utility, not hype.
Compare that to tokens like UNI or MKR, which are traded aggressively. CLT doesn’t need volume to survive. It needs users. And CoinLoan has over 1,110 active CLT token holders - a small but loyal group. That’s not a weakness. It’s a feature.
Who Should Use CoinLoan and CLT?
CoinLoan is ideal for:- European crypto holders who want to earn interest or get a cash loan without jumping through banking hoops.
- New users who are scared of DeFi and want real customer service.
- Long-term investors who want to stake CLT and reduce borrowing costs over time.
- People with limited credit history who can’t get loans from banks.
It’s not for:
- Traders looking to flip CLT for quick profits - there’s no liquidity to support that.
- Users outside Europe who face restrictions due to local regulations.
- People who want full anonymity - KYC is required.
Is CoinLoan Safe?
Yes - but with caveats.CoinLoan is regulated in Estonia and follows strict AML and KYC rules. It holds $250 million in insurance coverage for customer assets. It uses cold storage, multi-signature wallets, and segregated accounts. It’s been around since 2017 and survived the 2018 crash, the 2020 pandemic volatility, and the 2022 crypto winter - while dozens of other platforms collapsed.
But it’s still centralized. That means you’re trusting CoinLoan with your crypto. If the platform gets hacked or goes bankrupt, you’re not protected by blockchain code - you’re protected by legal contracts and insurance. That’s good, but not perfect.
DeFi gives you control. CoinLoan gives you peace of mind. Choose based on your risk tolerance.
What’s the Future of CLT?
The future of CLT depends on two things: adoption and token unlocking.Right now, over 90% of CLT is locked. If the team starts releasing even a small portion - say, 500,000 tokens - into circulation for liquidity programs or team incentives, the price could dip. But if CoinLoan grows its user base beyond Europe and adds support for more currencies or assets, demand for CLT could rise.
There’s no roadmap for burning tokens or reducing supply. So don’t expect deflationary pressure. But if the platform becomes a top 10 crypto lending service, and more users start staking CLT, its value could stabilize - not because of hype, but because it’s being used.
Right now, CLT is a quiet token in a noisy market. It doesn’t trend on Twitter. It doesn’t have a celebrity endorser. But it’s been quietly serving real users for nearly a decade. That’s rare. And in crypto, that kind of endurance matters more than any price chart.
How to Get Started with CoinLoan and CLT
If you want to try it:- Go to coinloan.io and create an account.
- Complete KYC verification (upload ID and proof of address).
- Deposit crypto (BTC, ETH, USDT, and 20+ others).
- Choose between Fixed Accounts (earn up to 9.2% APY) or Flexible Accounts (earn up to 6.2% APY).
- If you want to borrow, select your asset, set your loan amount, and get funds in EUR or GBP within minutes.
- To unlock discounts, buy CLT on supported exchanges (like Gate.io or MEXC) and stake it in your CoinLoan account.
No minimum deposit. No fees for lending. No penalties for early repayment. It’s simple. And that’s exactly what most users want.
Is CLT a good investment?
CLT isn’t designed as an investment. It’s a utility token. Its value comes from being used on the CoinLoan platform. If you’re a frequent borrower or lender, staking CLT saves you money. If you’re looking to flip it for profit, you’re in the wrong place - there’s almost no trading volume, and the token’s price is extremely volatile. Don’t buy CLT hoping it will go to $10. Buy it if you plan to use CoinLoan regularly.
Can I buy CLT on Coinbase or Binance?
No, CLT is not listed on Coinbase or Binance. It’s available on smaller exchanges like Gate.io, MEXC, and Bitrue. This limits accessibility, which is why trading volume is so low. If you want CLT, you’ll need to use one of these platforms and transfer it to your CoinLoan wallet.
Why is the circulating supply so low compared to the total supply?
Most CLT tokens are still locked - held by the founding team, advisors, and early investors. The platform hasn’t released them yet, likely to avoid flooding the market and crashing the price. This is a common strategy in CeFi platforms to ensure long-term stability. If tokens are unlocked in the future, it could impact the price, so monitor CoinLoan’s official announcements.
Does CoinLoan offer staking rewards for CLT?
No, CoinLoan doesn’t pay you interest on CLT like it does on Bitcoin or Ethereum. Instead, staking CLT gives you fee discounts and better loan rates. Think of it like a loyalty program - you don’t get paid to hold it, but you save money when you use the platform. That’s the trade-off.
Is CoinLoan available outside Europe?
CoinLoan is based in Estonia and follows EU regulations. While users from other countries can sign up, some services - like EUR/GBP bank transfers - may not be available depending on your location. Also, certain countries (like the U.S.) have restrictions on crypto lending platforms. Always check local laws before using CoinLoan.