Find Blockfi Bitcoin – Cryptocurrency

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

It allows users to borrow fiat funds immediately, based on the worth of their cryptocurrency asset 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 alternative to withdraw fiat to a personal bank account or personal charge card. Users can also hold their cryptocurrency in a YouHodler savings account.

It would not be far-fetched to consider YouHodler as a bank for your cryptocurrency. It is fast 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 discover whatever that a crypto owner or a financier would potentially require. Simply put, YouHodler offers a variety of services that lets you harness your digital properties.

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 purposes in your wallet. The business offers devoted wallet styles for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Blockfi Bitcoin

Maybe the most significant feature at YouHodler is its ability to offer you loans. A financier could think about these financing chances as a means of hedging. Crucially, it gives 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 huge part of the danger that accompanies financial investment choices.

 

YouHodler is undoubtedly a leading player in this space– not least since it uses a top-rate loan-to-value ratio of approximately 90%. Exceeding its rivals, YouHodler accepts 15 different digital coins as security.

Users can get both instant 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 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 couple of alternatives to select how you wish to back your loan. You can request a loan amount in fiat or Bitcoin– and you utilize several altcoins as collateral.

The initial application procedure works as follows:

Make a request using your crypto possessions as security
Quickly 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 smooth as it could be. The company does not perform any credit report checks or require time to consider whether you are qualified for a loan. On the contrary, if you have sufficient security and a validated account, you are excellent to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has different packages for loans that feature predefined terms.

    There are 3 options for loan periods:.

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

    Your rates of interest is not determined by the quantity of security that you installed. Rather, it depends on the kind of strategy you select.

    YouHodler offers the same rate of interest for all its users. As the community grows, the supplier hopes that its rate of interest will also drop appropriately. 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 numerous methods to keep your funds safe..
    Solid Insurance coverage. Crypto assets are insured for approximately $150 million.
    Stablecoin Interest. YouHodler offers a few of the very best rate of interest for stablecoins.
    Unique Features. You’ll discover cool items 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 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 upon the currencies you utilize as security, you can only receive loans in USD, EUR, GBP, and BTC..
    Year established: 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, ASSOCIATE, and 15 other popular coins with the list growing.
    Kind of service: Direct lending.

    Cryptocurrencies are unpredictable creatures. To make a profit, you need to be good at trading them or just hold and hope your crypto gains in worth. Neither technique is especially easy to do because of volatility.

    What if you could just deposit your crypto someplace and make interest on it. It pays high interest on savings. If you’re in the market for a crypto-backed loan, Youhodler can deal with that also because it lends out its crypto on deposits.

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

    The company’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 in addition to in about a lots other nations.