Find Blockchain Secured Loan Bitcoin – Cryptocurrency

Looking for Blockchain Secured Loan Bitcoin…YouHodler is a Swiss-based business that functions as a crypto-backed loan company. Among its primary principles is that you can still HODL, without having to await a spike to offer.

It allows users to borrow fiat funds immediately, based upon the worth of their cryptocurrency possession holdings. Apart from that, one can convert crypto to crypto, crypto to fiat, and also engage with stablecoins.

The most advantageous function would be the choice to withdraw fiat to an individual checking account or individual charge card. Users can also hold their cryptocurrency in a YouHodler savings account.

It would not be far-fetched to think about YouHodler as a bank for your cryptocurrency. It is efficient and fast, enabling users to transfer their crypto assets with ease.

The platform concentrates on delivering a well-rounded experience for its users. You will discover whatever that a crypto owner or an investor would perhaps need. Simply put, YouHodler uses a range of services that lets you harness your digital assets.

YouHodler Wallet

YouHodler’s wallet is developed with simpleness and performance in mind. You can transfer your cryptocurrency, convert it to fiat, and hold the funds for financial investment functions in your wallet. The business uses devoted wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Blockchain Secured Loan Bitcoin

Perhaps the most significant feature at YouHodler is its capability to offer you loans. An investor might think about these financing chances as a means of hedging. Most importantly, it provides you access to a versatile path to go into the cryptocurrency trading markets.

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

 

YouHodler is unquestionably a leading gamer in this area– not least because it uses a top-rate loan-to-value ratio of up to 90%. Outmatching its competitors, YouHodler accepts 15 different digital coins as security.

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

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

 

YouHodler gives you a few options to choose how you want to back your loan. You can request a loan amount in fiat or Bitcoin– and you utilize numerous altcoins as security.

The initial application process works as follows:

Make a demand using your crypto assets as collateral
Immediately receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
As soon as you pay back the loan, you will right away get the security back, despite whether its worth has increased.

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

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has various plans for loans that include predefined terms.

    There are three options for loan periods:.

    1 month– 90% LTV.
    60 days– 70% LTV.
    180 days– 50% LTV.

    Your rate of interest is not determined by the amount of security that you put up. Rather, it depends on the kind of plan you choose.

    YouHodler offers the very same rates of interest for all its users. As the community grows, the service provider hopes that its rates of interest will also drop appropriately. YouHodler likewise has an affiliate program to motivate its users to invite others to join the platform to help accelerate this objective.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place numerous ways to keep your funds safe..
    Strong Insurance coverage. Crypto assets are guaranteed for as much as $150 million.
    Stablecoin Interest. YouHodler offers a few of the best rates of interest for stablecoins.
    Special Functions. You’ll discover cool products such as the Multi HODL and the Turbocharge, which you will not find anywhere else.
    Versatile Terms. You can increase the period 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 rather recent compared to its competitors.
    Currencies to Borrow. Depending upon the currencies you utilize as collateral, you can just receive loans in USD, EUR, GBP, and BTC..
    Year founded: 2018.
    Headquarters: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies offered to earn interest: Fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG).
    Currencies offered for borrowing: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, ASSOCIATE, and 15 other popular coins with the list growing.
    Type of service: Direct financing.

    Cryptocurrencies are unpredictable animals. To make a profit, you have to be good at trading them or simply hold and hope your crypto gains in value. Since of volatility, neither method is particularly simple to do.

    If you could simply deposit your crypto somewhere and make interest on it, what. This way, if the cost increases 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’re in the market for a crypto-backed loan, Youhodler can handle that likewise considering that it lends out its crypto on deposits. Let’s see how it works.

    YouHodler is a cryptocurrency exchange that concentrates on crypto loaning and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Blockchain Secured Loan Bitcoin

    The company’s CEO is Ilya Volkov. YouHodler is an official Blockchain Association member of the Financial Commission. YouHodler is not offered in the United States in addition to in about a lots other countries.