Find Blockfi Bitcoin Reward Points – Cryptocurrency

Looking for Blockfi Bitcoin Reward Points…YouHodler is a Swiss-based company that serves as a crypto-backed loan company. Among its main concepts is that you can still HODL, without needing to wait on a spike to sell.

It permits users to borrow fiat funds immediately, based upon the value of their cryptocurrency property holdings. Apart from that, one can convert crypto to crypto, crypto to fiat, and likewise engage with stablecoins.

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

It wouldn’t be improbable to think about YouHodler as a bank for your cryptocurrency. It is fast and efficient, allowing users to move their crypto assets with ease.

The platform focuses on providing a well-rounded experience for its users. You will find whatever that a crypto owner or an investor would potentially require. Simply put, YouHodler provides a variety of services that lets you harness your digital possessions.

YouHodler Wallet

YouHodler’s wallet is designed with simplicity and effectiveness in mind. You can move your cryptocurrency, convert it to fiat, and hold the funds for financial investment functions in your wallet. The company uses dedicated wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Blockfi Bitcoin Reward Points

Maybe the most notable feature at YouHodler is its ability to provide you loans. A financier could consider these financing opportunities as a means of hedging. Most importantly, it provides you access to a flexible course to enter the cryptocurrency trading markets.

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

 

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 up to 90%. Exceeding its rivals, YouHodler accepts 15 different digital coins as security.

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

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

 

YouHodler offers you a few alternatives to choose how you want to back your loan. You can get a loan quantity in fiat or Bitcoin– and you use multiple altcoins as security.

The preliminary application procedure works as follows:

Make a demand utilizing your crypto properties as collateral
Quickly get an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
As soon as you repay the loan, you will immediately get the collateral back, no matter whether its value 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 require time to think about 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 Amounts.

    YouHodler has different plans for loans that come with predefined terms.

    There are 3 alternatives for loan durations:.

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

    Your rate of interest is not identified by the quantity of collateral that you installed. Instead, it depends upon the kind of plan you select.

    YouHodler provides the exact same rate of interest for all its users. As the neighborhood grows, the supplier hopes that its rates of interest will likewise drop accordingly. YouHodler also has an affiliate program to motivate its users to invite others to sign up with the platform to assist accelerate this goal.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place many ways to keep your funds safe..
    Strong Insurance coverage. Crypto possessions are insured for as much as $150 million.
    Stablecoin Interest. YouHodler provides some of the very best interest rates for stablecoins.
    Unique Features. You’ll discover cool items 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 collateral with 90% loan-to-value.

    Is CoinLoan safe?

     

    Cons of YouHodler:.
    Seniority. YouHodler was founded in 2018, which is quite recent compared to its rivals.
    Currencies to Obtain. Depending on the currencies you use as security, you can only get loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Headquarters: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies available to make 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, REP, and 15 other popular coins with the list growing.
    Type of service: Direct financing.

    Cryptocurrencies are volatile creatures. To make a profit, you have to be proficient at trading them or simply hold and hope your crypto gains in value. Since of volatility, neither approach is especially simple to do.

    If you might simply deposit your crypto somewhere and make interest on it, what. 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. Youhodler can deal with that also because it loans out its crypto on deposits if you’re in the market for a crypto-backed loan. Let’s see how it works.

    YouHodler is a cryptocurrency exchange that specializes in crypto lending and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Blockfi Bitcoin Reward Points

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