Terms & Conditions

Terms and Conditions for Coinsloan

Last updated: March 25, 2025

Please read these terms and conditions carefully before using Our Service.

Interpretation and Definitions

Interpretation

The words of which the initial letter is capitalized have meanings defined under the following conditions. The following definitions shall have the same meaning regardless of whether they appear in singular or in plural.

Definitions

For the purposes of these Terms and Conditions:

Country refers to: St. Vincent and the Grenadines

Company (referred to as either “the Company”, “We”, “Us” or “Our” in this Agreement) refers to Coins loan Finance LLC

Device means any device that can access the Service such as a computer, a cellphone or a digital tablet.

Service refers to the Website.

Terms and Conditions (also referred as “Terms”) mean these Terms and Conditions that form the entire agreement between You and the Company regarding the use of the Service.

Third-party Service means any services or content (including data, information, products or services) provided by a third-party that may be displayed, included or made available by the Service.

Website refers to Coinsloan, accessible from coinsloan.live

Interest means the indicated interest rate accrued in accordance with these Terms and subject to revision at any time.

Intellectual Property means any intellectual and industrial property rights, belonging to Coins loan Finance LLC, for example, trademarks, service marks, logos, copyright and related rights, know-how, research, publications, agreements, trade and company names, etc.

Digital Assets means any digital assets (such as cryptocurrencies, stablecoins and tokenized assets), accepted by Coinsloan.

A fiat-backed stablecoin is a cryptocurrency whose value is tied to a specific fiat currency and is related to it 1:1. List of fiat-backed stablecoins available on the platform – USDT, USDC, TUSD. If the exchange rate of one of these coins to the USD (United States dollar) drops by 0.5% or more, we have the right to replace it with another coin that meets fiat-backed stablecoin definition.

You or Client means the individual accessing or using the Service, or the company, or other legal entity on behalf of which such individual is accessing or using the Service, as applicable.

Loan means any Digital Assets loan facility granted by Coinsloan and the total amount of the loan due by the Client to Coinsloan at any time until its full repayment, including the principal, the Interest and any fees due to Coinsloan under this Agreement.

The annual percentage yield (hereinafter “the APY”) is the interest rate of return earned.

The Coinsloan Earn Interest Product (“Deposit”) – it is a product that allows you to earn APY on certain Digital Assets topped up into the Coinslaon service.

Withdrawal balance – it is the amount of topped Deposit plus Interest accrued and available for withdrawal.

Interest (referred to as either “Reward” or “APY” in this Agreement) means the indicated interest rate accrued in accordance with these Terms and subject to revision at any time.

Active Deposit – it is a Deposit that contains at least the Minimum amount of Digital Assets.

Classic Rate Exchange means a classic rate cryptocurrency exchange performed at the current most profitable rate on the market, at which the Service does not guarantee this rate.

Actual Rates refer to the real-time exchange rates applied at the moment the transaction is processed, which may differ from the initially indicated or displayed rates due to market fluctuations.

A Margin Call is the liquidation threshold. When the value of your collateral reaches this level, it triggers the liquidation process unless additional collateral is provided.

LTV (Loan-to-Value Ratio) is the ratio between the loan amount and the value of your collateral. A higher LTV means more loan funds but also a higher risk of triggering a margin call or liquidation.

Liquidation is the process triggered when the margin call price is reached. During this process, your collateral is automatically sold to cover the loan and any accrued interest. Liquidation happens without borrower approval when the value of the collateral becomes insufficient to secure the loan.

Collateral is Digital Assets provided by the Client as a security for the Loan. As the Collateral is received by Coinsloan, it becomes a Deposit.

Acknowledgment

These are the Terms and Conditions governing the use of this Service and the agreement that operates between You and the Company. These Terms and Conditions set out the rights and obligations of all users regarding the use of the Service.

Your access to and use of the Service is conditioned on Your acceptance of and compliance with these Terms and Conditions. These Terms and Conditions apply to all visitors, users and others who access or use the Service.

By accessing or using the Service You agree to be bound by these Terms and Conditions. If You disagree with any part of these Terms and Conditions then You may not access the Service.

You represent that you are over the age of 18. The Company does not permit those under 18 to use the Service.

By accessing and using Coinsloan services and the Website, you represent and warrant that you are not located in, or are not a citizen or resident of: United States of America, United Kingdom, Canada, Hong Kong, or any country subject to restrictions or sanctions related to cryptocurrency usage. List of counties with restrictions or sanctions related to cryptocurrency usage:

The Islamic Republic of Afghanistan

The People’s Democratic Republic of Algeria

The People’s Republic of Bangladesh

The Plurinational State of Bolivia

The Republic of Burundi

The Republic of Cameroon

The Republic of Chad

The People’s Republic of China

The Republic of the Congo

The Federal Democratic Republic of Ethiopia

The Gabonese Republic

The Republic of Iraq

The Kingdom of Lesotho

The State of Libya

The Republic of North Macedonia

The Kingdom of Morocco

The Republic of the Union of Myanmar

The Federal Democratic Republic of Nepal

The Republic of Sierra Leone

The Republic of Tunisia

The Republic of Ghana

The State of Kuwait

Democratic People’s Republic of Korea

Islamic Republic of Iran

Federal Republic of Somalia

Republic of South Sudan

Republic of the Sudan

Republic of Yemen

By accessing and using Coinsloan services you declare, warrant and confirm that the Digital Assets, which you will transfer into Coinsloan service as a Collateral, or the funds, which you used for the purchase of the Digital Assets to be used as a Collateral are not derived from money laundering, terrorist financing, fraud, or any other illegal or criminal activity under any applicable law.

Your access to and use of the Service is also conditioned on Your acceptance of and compliance with the Privacy Policy of the Company. Our Privacy Policy describes Our policies and procedures on the collection, use and disclosure of Your personal information when You use the Application or the Website and tells You about Your privacy rights and how the law protects You. Please read Our Privacy Policy carefully before using Our Service.

By entering into this Agreement, you acknowledge and confirm that you meet all the conditions set out above. In the event that we subsequently ascertain that you have not met or does not meet any of these conditions anymore, we may suspend the provision of the Coinsloan  services to you, and do not allow you to use the Coinsloan services.

You are aware that you use the Coinsloan and the Loan fully at your own risk.

Termination

We may terminate or suspend Your access immediately, without prior notice or liability, for any reason whatsoever, including without limitation if You breach these Terms and Conditions.

Upon termination, Your right to use the Service will cease immediately.

Limitation of Liability

To the maximum extent permitted by applicable law, in no event shall the Company or its suppliers be liable for the funding sources of the Digital Assets accepted by Coinsloan as a Collateral and for any special, incidental, indirect, or consequential damages whatsoever (including, but not limited to, damages for loss of profits, loss of data or other information, for business interruption, for personal injury, loss of privacy arising out of or in any way related to the use of or inability to use the Service, third-party software and/or third-party hardware used with the Service, or otherwise in connection with any provision of this Terms), even if the Company or any supplier has been advised of the possibility of such damages and even if the remedy fails of its essential purpose.

We take the security of your personal data and digital assets very seriously. We employ industry-standard security measures, including encryption, secure access controls, and regular security audits, to protect your information from unauthorized access, use, or disclosure. In the event of a loss of two-factor authentication (2FA), clients must follow our recovery procedures, which are subject to change at our sole discretion. Clients acknowledge and agree that maintaining the security of their account credentials is their own responsibility.

Disclaimer

The Service is provided to You “AS IS” and “AS AVAILABLE” and with all faults and defects without warranty of any kind. To the maximum extent permitted under applicable law, the Company, on its own behalf and on behalf of its Affiliates and its and their respective licensors and service providers, expressly disclaims all warranties, whether express, implied, statutory or otherwise, with respect to the Service, including all implied warranties of merchantability, fitness for a particular purpose, title and non-infringement, and warranties that may arise out of course of dealing, course of performance, usage or trade practice. Without limitation to the foregoing, the Company provides no warranty or undertaking, and makes no representation of any kind that the Service will meet Your requirements, achieve any intended results, be compatible or work with any other software, applications, systems or services, operate without interruption, meet any performance or reliability standards or be error free or that any errors or defects can or will be corrected.

Without limiting the foregoing, neither the Company nor any of the company’s provider makes any representation or warranty of any kind, express or implied: (i) as to the operation or availability of the Service, or the information, content, and materials or products included thereon; (ii) that the Service will be uninterrupted or error-free; (iii) as to the accuracy, reliability, or currency of any information or content provided through the Service; or (iv) that the Service, its servers, the content, or e-mails sent from or on behalf of the Company are free of viruses, scripts, trojan horses, worms, malware, time bombs or other harmful components.

Some jurisdictions do not allow the exclusion of certain types of warranties or limitations on applicable statutory rights of a consumer, so some or all of the above exclusions and limitations may not apply to You. But in such a case the exclusions and limitations set forth in this section shall be applied to the greatest extent enforceable under applicable law.

Coinsloan APR (Annual Percentage Rate), Collateral, Repayment and Withdrawal.

Coinsloan will grant you a Loan in Digital Assets, if you provide the required Digital Assets as collateral by transferring them into the Coinsloan service (“Collateral”). All such Digital Assets are indicated on the Coinsloan service and are subject to revision from time to time.

Unless prohibited by any Applicable Law, by virtue of this Agreement Coinsloan acquires the ownership of the Digital Assets transferred into Coinsloan service as a Collateral as you get the Loan. As the Collateral is received by Coinsloan , it becomes a Deposit. As you repay the Loan, you receive the equivalent of the Digital Assets provided as the Collateral.

A compound annual Interest shall commence accruing as of the start date of the Loan (“Start Date”), at the rate determined at the time the Loan is granted and indicated on the Coinsloan service. The Interest shall be subject to revision from time to time, at our sole and absolute discretion.

The Interest shall be calculated on a monthly basis.

No periodic repayment of the Interest shall be due.

Annual interest rate depends on LTV that you’ve chosen while getting a loan and may vary due to the market conditions.

There is no maturity date for loan. It can be repaid at any Date.

You may repay at any time by transferring into the Coinsloan service the same Digital Assets as the loan granted. Certain rules may apply to repayments from time to time, as indicated on the Coinsloan service.

Once the loan has been repaid in full, all remaining equivalent of the Digital Assets provided as the Collateral shall be transferred back to the Client’s address. Coinsloan charges processing fee on withdrawal operations.

Coinsloan  may provide you with discounts on the loan or any part thereof, such as the principal or the Interest, at any time, under conditions it finds appropriate.

Each loan has an individual calculation of the margin call. Margin call takes into account the depth of the order book. If after the loan selling cryptocurrency price is equal to Margin call – the loan is frozen as we need to prepare for liquidation. You cannot close or top up the collateral when the loan is frozen.

When taking out a loan, you agree to the condition of liquidation of your collateral when the collateral currency exchange rate reaches the margin call.

The margin call is a decrease in the rate of the collateral currency. Margin call for the exact loan is shown on its info page.

Accumulating interest on a loan increases the loan margin call.

The margin call is displayed in the personal account of your loan.

The rate of the collateral currency is compared every second with the currency rate of liquidity partner which provides trading pairs for this currency. If at some point it drops to the liquidation rate or lower, Coinsloan has the right to automatically sell the collateral.

Due to the volatile nature of the Digital Assets market, it may be technically impossible for Coinsloan to notify you about risk zones or liquidation, and that you are solely responsible for monitoring the current market conditions and maintaining the price of your collateral in full accordance with these Terms and Conditions.

We reserve the right to liquidate the client’s positions in accordance with our Liquidation Policies. Liquidations can be conducted on any exchanges that we deem appropriate.The client agrees that our liability is limited to performing liquidations within the established procedures.

We reserve the right to suspend or terminate support for certain cryptocurrencies at any time without prior notice. Clients are responsible for monitoring the status of supported assets and taking appropriate measures.

Coinsloan utilizes thorough market analysis to adjust interest rates based on current conditions. We’re agile in responding to market changes, so rates for new loans can be changed regularly to match market fluctuations.

Current information on the interest rates for new loans is displayed on the main page of the service – Coinsloan.live while selecting loan terms.

Coinsloan Earn Interest Product

You are allowed to have multiple active Deposits, running simultaneously. APY will be accrued separately on each deposit.

You are allowed to top up an active Deposit at any time.

APY is 5%

The APY shall commence accruing on the Digital Asset and Deposit at a certain rate, as of the expiry of 24 (twenty-four) hours of their topping up into the Coinsloan service.

Client’s Interest is calculated on a daily basis and displayed on Client’s dashboard.

Client’s withdrawal balance is updated on a daily basis.

Coinsloan reserves its right to grant preferential APY or other terms to certain Clients as part of marketing campaigns or otherwise, upon its sole and absolute discretion.

Coinsloan reserves its right to change APY upon its sole and absolute discretion as for all active Deposits and all new ones.