Find Blockfi Bitcoin Rewards – Cryptocurrency

Looking for Blockfi Bitcoin Rewards…YouHodler is a Swiss-based company that acts as a crypto-backed loan service provider. One of its main concepts is that you can still HODL, without having to await a spike to offer.

It permits users to obtain fiat funds quickly, based upon the value 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 alternative to withdraw fiat to an individual checking account or individual charge 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, enabling users to move their crypto properties with ease.

The platform focuses on delivering a well-rounded experience for its users. You will find whatever that a crypto owner or an investor would possibly require. In other words, YouHodler uses a range of services that lets you harness your digital assets.

YouHodler Wallet

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

Is YouHodler legitimate? Blockfi Bitcoin Rewards

Maybe the most notable function at YouHodler is its ability to use you loans. A financier might consider these financing chances as a means of hedging. Crucially, it offers you access to a flexible path to go into 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 eliminates a big part of the threat that accompanies investment choices.

 

YouHodler is unquestionably a leading gamer in this area– not least due to the fact that it offers a top-rate loan-to-value ratio of up to 90%. Outmatching its rivals, YouHodler accepts 15 various 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 rate of interest on crypto loans are relatively reasonably at 12% APR. If you are taking out a short-term loan, you might get your rate of interest as low as 2.5%.

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

 

YouHodler gives you a few choices to select how you wish to back your loan. You can request a loan quantity in fiat or Bitcoin– and you utilize several altcoins as collateral.

The initial application process works as follows:

Make a demand using your crypto possessions as security
Immediately receive an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you pay back the loan, you will right away get the security back, no matter 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 report checks or require time to think about whether you are eligible for a loan. On the contrary, if you have enough collateral and a validated account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has different plans for loans that feature predefined terms.

    There are 3 choices for loan periods:.

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

    Your interest rate is not determined by the quantity of collateral that you set up. Instead, it depends upon the type of strategy you choose.

    YouHodler provides the exact same interest rate for all its users. As the community grows, the supplier hopes that its interest rates will likewise drop accordingly. YouHodler also 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 lots of methods to keep your funds safe..
    Solid Insurance. Crypto assets are insured for as much as $150 million.
    Stablecoin Interest. YouHodler offers some of the best rates of interest for stablecoins.
    Special Features. You’ll find cool products 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 leading 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 competitors.
    Currencies to Obtain. Depending on the currencies you utilize as collateral, you can only receive loans in USD, EUR, GBP, and BTC..
    Year founded: 2018.
    Headquarters: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies available 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.
    Kind of service: Direct financing.

    Cryptocurrencies are volatile creatures. To earn a profit, you need to be proficient at trading them or just hold and hope your crypto gains in value. Neither method is particularly easy to do because of volatility.

    What if you might simply deposit your crypto somewhere and make interest on it. It pays high interest on cost savings. If you’re in the market for a crypto-backed loan, Youhodler can manage that likewise since it lends out its crypto on deposits.

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

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