Case summary
What happened
CoinTrade's current first-party service guide states that its lending service launched in June 2024. Current support materials describe an active fixed-term lending product with season-based applications, lending rewards and return procedures. Mid-term cancellation is in principle unavailable; if an exception is approved, no lending reward is paid and a cancellation fee equal to 10% of the application quantity applies. The reviewed first-party material establishes the launch month but not a sufficiently reliable exact original launch day, so CYA does not manufacture a date.
Customer result
Customer outcome
Not applicable
Current season-based return mechanics do not prove universal historical repayment performance or a realized recovery percentage.
- Estimated recovery
- Not applicable
- Repayment started
- —
- Repayment completed
- —
- Confidence
- High
Asset treatment
Terms risk
Unknown
Published reward rates are issuer terms rather than verified realized returns. Mid-term cancellation is generally unavailable; approved exceptions receive no lending reward and incur a cancellation fee equal to 10% of the application quantity. Product-specific insolvency/custody treatment remains unresolved unless stronger dedicated terms are reviewed.
- Affected product
- CoinTrade Lending
- Confidence
- Medium
The reviewed first-party support establishes a fixed-term crypto lending arrangement but does not provide sufficient dedicated lending-term authority in this review pass to characterize lent balances as segregated, insured, trust-protected, or otherwise isolated from operator counterparty exposure. CYA therefore records custody/segregation treatment conservatively and does not generalize ordinary exchange-service protections to lent assets.
Known unknowns
Uncertainty
The launch month is supported as June 2024, but an exact original launch day is not established. Published lending rates and rewards are issuer product terms, not independently verified realized returns. Dedicated lending-term custody and segregation treatment is not generalized from ordinary exchange-service disclosures without product-specific authority.
Chronology
Historical record
No events yet.
Source record
Evidence dossier
Filter by claim, reliability, source type, and whether evidence is linked to a specific event.
status
1 sourcesCoinTrade（コイントレード）とはどんなサービスですか
CoinTrade / Mercury Inc.
First-party service overview states that CoinTrade launched lending in June 2024 and supports current platform/operator identity. It does not establish an exact original launch day.
terms risk
3 sourcesレンディングとはなんですか
CoinTrade / Mercury Inc.
First-party definition of the lending product as lending crypto assets for a fixed period in exchange for lending rewards. Published rewards are issuer terms, not verified realized returns.
レンディング契約期間中の中途解約は可能ですか
CoinTrade / Mercury Inc.
First-party authority for the in-principle prohibition on mid-term cancellation and the exception rule: no lending reward and a cancellation fee equal to 10% of the application quantity.
資産の返還はいつ行われますか
CoinTrade / Mercury Inc.
First-party authority for current season-based return timing and ongoing-operation flow. Current return mechanics are not treated as proof of universal historical repayment performance.
No evidence records match the current filters.
Comparative records