Find Blockfest Tampere – Cryptocurrency

Looking for Blockfest Tampere…YouHodler is a Swiss-based business that serves as a crypto-backed loan company. One of its main principles is that you can still HODL, without having to wait on a spike to offer.

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

The most beneficial feature would be the choice to withdraw fiat to an individual bank account or personal charge card. Users can likewise hold their cryptocurrency in a YouHodler savings account.

It wouldn’t be far-fetched to think about YouHodler as a bank for your cryptocurrency. It is effective and fast, allowing users to transfer their crypto assets with ease.

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

YouHodler Wallet

YouHodler’s wallet is developed with simpleness and effectiveness in mind. You can move your cryptocurrency, transform it to fiat, and hold the funds for investment purposes in your wallet. The business provides devoted wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Blockfest Tampere

Possibly the most notable feature at YouHodler is its ability to offer you loans. A financier might think about these financing opportunities as a means of hedging. Crucially, it gives you access to a flexible path to enter 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 removes a huge part of the danger that accompanies investment choices.

 

YouHodler is certainly a leading player in this area– not least because it uses a top-rate loan-to-value ratio of approximately 90%. Outpacing its rivals, YouHodler accepts 15 different digital coins as collateral.

Users can get both immediate cash 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 could get your rates of interest as low as 2.5%.

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

 

YouHodler provides you a few choices to select how you wish to back your loan. You can make an application for a loan quantity in fiat or Bitcoin– and you utilize numerous altcoins as security.

The preliminary application process works as follows:

Make a request utilizing your crypto possessions as security
Immediately receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you repay the loan, you will instantly get the collateral back, despite whether its value has increased.

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

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has various packages for loans that come with predefined terms.

    There are three choices for loan durations:.

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

    Your rates of interest is not identified by the amount of security that you set up. Rather, it depends on the kind of strategy you choose.

    YouHodler provides the exact same rate of interest for all its users. As the community grows, the service provider hopes that its rates of interest will also drop appropriately. YouHodler also has an affiliate program to encourage its users to welcome others to join the platform to assist accelerate this goal.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place lots of ways to keep your funds safe..
    Strong Insurance coverage. Crypto possessions are guaranteed for approximately $150 million.
    Stablecoin Interest. YouHodler offers some of the best rates of interest for stablecoins.
    Distinct Features. You’ll find cool items such as the Multi HODL and the Turbocharge, which you won’t discover 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 Obtain. Depending on the currencies you use as security, you can just get loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Head office: 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 loaning: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REPRESENTATIVE, and 15 other popular coins with the list growing.
    Type of service: Direct lending.

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

    What if you could just transfer your crypto somewhere and make interest on it. In this manner, if the rate boosts by a percentage 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 marketplace for a crypto-backed loan, Youhodler can deal with that also since it lends out its crypto on deposits. Let’s see how it works.

    YouHodler is a cryptocurrency exchange that focuses on crypto lending and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Blockfest Tampere

    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 along with in about a lots other nations.