coinlend gmbh

coinlend GmbH operated a platform that allowed cryptocurrency holders to generate passive income by automating the lending of their assets on margin funding markets. Users could connect their exchange accounts (such as Bitfinex, Poloniex, and Liquid) via API keys, and coinlend's bots would automatically offer loans to margin traders at optimal interest rates. The company's mission was to simplify and maximize the returns from crypto lending for individual users without requiring them to manually manage loan offers. The service was officially discontinued on January 15th, 2024, citing the market situation and regulatory uncertainty.