Find Bitcoin Loans No Credit Check – Cryptocurrency

Looking for Bitcoin Loans No Credit Check…YouHodler is a Swiss-based business that works as a crypto-backed loan company. Among its main ideas is that you can still HODL, without needing to wait on a spike to sell.

It enables users to obtain fiat funds immediately, based on the value of their cryptocurrency possession holdings. Apart from that, one can transform crypto to crypto, crypto to fiat, and likewise engage with stablecoins.

The most advantageous feature would be the alternative to withdraw fiat to an individual savings account or personal credit card. Users can also hold their cryptocurrency in a YouHodler savings account.

It wouldn’t be improbable to consider YouHodler as a bank for your cryptocurrency. It is quick and efficient, permitting users to transfer their crypto possessions with ease.

The platform focuses on providing a well-rounded experience for its users. You will find everything that a crypto owner or an investor would potentially need. To put it simply, YouHodler offers a variety of services that lets you harness your digital possessions.

YouHodler Wallet

YouHodler’s wallet is created with simplicity and performance in mind. You can move your cryptocurrency, transform it to fiat, and hold the funds for financial investment purposes in your wallet. The company offers devoted wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Bitcoin Loans No Credit Check

Maybe the most notable function at YouHodler is its ability to provide you loans. A financier could consider these funding opportunities as a means of hedging. Crucially, it gives you access to a flexible course to enter the cryptocurrency trading markets.

With a crypto-backed line of credit, you can get fiat when you need it without touching your crypto portfolio at all. It eliminates a huge part of the danger that accompanies financial investment options.

 

YouHodler is unquestionably a leading player in this area– not least due to the fact that it uses a top-rate loan-to-value ratio of approximately 90%. Outmatching its competitors, YouHodler accepts 15 different digital coins as collateral.

Users can get both instantaneous money loans and crypto loans in USD, EURO, GBP, CHF, and even in Bitcoin( BTC) and Tether( USDT). The rates of interest on crypto loans are relatively reasonably at 12% APR. If you are taking out a short-term loan, you might get your interest rate as low as 2.5%.

Now let’s break down the loan procedure that YouHodler has in location.

 

YouHodler gives you a few alternatives to select how you want to back your loan. You can get a loan amount in fiat or Bitcoin– and you use several altcoins as collateral.

The initial application process works as follows:

Make a request utilizing your crypto assets as security
Instantly get an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you pay back the loan, you will immediately get the security back, regardless of whether its worth has actually increased.

As you can see from the above, the process is as seamless as it could be. The company does not perform any credit score checks or take time to consider whether you are eligible for a loan. On the contrary, if you have sufficient collateral and a verified account, you are excellent to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has different packages for loans that feature predefined terms.

    There are three alternatives for loan durations:.

    30 days– 90% LTV.
    60 days– 70% LTV.
    180 days– 50% LTV.

    Your rate of interest is not identified by the quantity of security that you installed. Instead, it depends on the type of strategy you choose.

    YouHodler uses the exact same rates of interest for all its users. As the neighborhood grows, the provider hopes that its rates of interest will also drop appropriately. YouHodler likewise has an affiliate program to encourage its users to invite others to sign up with the platform to assist accelerate this objective.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place many ways to keep your funds safe..
    Solid Insurance coverage. Crypto possessions are insured for approximately $150 million.
    Stablecoin Interest. YouHodler uses some of the best rates of interest for stablecoins.
    Unique Features. You’ll discover cool products such as the Multi HODL and the Turbocharge, which you won’t discover anywhere else.
    Flexible Terms. You can increase the duration of your loans at any time.
    High LTV. The top 20 coins can be utilized as security with 90% loan-to-value.

    Is CoinLoan safe?

     

    Cons of YouHodler:.
    Seniority. YouHodler was founded in 2018, which is quite current compared to its rivals.
    Currencies to Borrow. Depending upon the currencies you use as security, you can just receive loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Headquarters: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies readily available to earn interest: Fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG).
    Currencies readily available for loaning: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REP, and 15 other popular coins with the list growing.
    Type of service: Direct lending.

    Cryptocurrencies are volatile animals. To earn a profit, you have to be proficient at trading them or simply hold and hope your crypto gains in worth. Because of volatility, neither approach is particularly simple to do.

    What if you could just deposit your crypto someplace and make interest on it. By doing this, if the rate boosts by a small amount or not at all, you can still make a profit. That’s what YouHodler does. It pays high interest on cost savings. If you remain in the marketplace for a crypto-backed loan, Youhodler can manage that likewise considering that it lends out its crypto on deposits. Let’s see how it works.

    YouHodler is a cryptocurrency exchange that focuses on crypto financing and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Bitcoin Loans No Credit Check

    The business’s CEO is Ilya Volkov. YouHodler is a main Blockchain Association member of the Financial Commission. YouHodler is not offered in the United States as well as in about a lots other nations.