Find Blockfi Credit Card Europe – Cryptocurrency

Looking for Blockfi Credit Card Europe…YouHodler is a Swiss-based business that works as a crypto-backed loan service provider. One of its primary concepts is that you can still HODL, without needing to wait for a spike to offer.

It allows users to obtain fiat funds instantly, based on the value of their cryptocurrency possession holdings. Apart from that, one can convert crypto to crypto, crypto to fiat, and likewise engage with stablecoins.

The most helpful feature would be the alternative to withdraw fiat to an individual savings account or individual credit card. Users can also 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 quick, permitting users to transfer their crypto possessions 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 perhaps need. Simply put, YouHodler provides a variety of services that lets you harness your digital possessions.

YouHodler Wallet

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

Is YouHodler legitimate? Blockfi Credit Card Europe

Maybe the most notable feature at YouHodler is its capability to provide you loans. An investor might consider these financing chances as a means of hedging. Crucially, it offers you access to a flexible path to get in the cryptocurrency trading markets.

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

 

YouHodler is certainly 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%. Surpassing its competitors, YouHodler accepts 15 various digital coins as collateral.

Users can get both immediate money 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 interest rate as low as 2.5%.

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

 

YouHodler gives you a few choices to select how you want to back your loan. You can apply for a loan amount in fiat or Bitcoin– and you utilize multiple altcoins as collateral.

The initial application process works as follows:

Make a demand utilizing your crypto assets as security
Instantly get 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, regardless of whether its worth 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 rating checks or take time to consider whether you are qualified 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 come with predefined terms.

    There are three options for loan durations:.

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

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

    YouHodler offers the same interest rate for all its users. As the neighborhood grows, the company hopes that its interest rates will likewise drop appropriately. YouHodler likewise has an affiliate program to motivate its users to invite others to sign up with the platform to help accelerate this goal.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place many methods to keep your funds safe..
    Solid Insurance coverage. Crypto possessions are guaranteed for up to $150 million.
    Stablecoin Interest. YouHodler uses a few of the very best rate of interest for stablecoins.
    Special Features. You’ll find cool items such as the Multi HODL and the Turbocharge, which you will not find anywhere else.
    Flexible Terms. You can increase the duration of your loans at any time.
    High LTV. The top 20 coins can be used as collateral with 90% loan-to-value.

    Is CoinLoan safe?

     

    Cons of YouHodler:.
    Seniority. YouHodler was founded in 2018, which is rather current compared to its competitors.
    Currencies to Borrow. Depending upon the currencies you utilize as security, you can only 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 available 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 loaning.

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

    What if you could simply transfer your crypto someplace and earn interest on it. In this manner, if the cost boosts by a percentage or not at all, you can still earn a profit. That’s what YouHodler does. It pays high interest on savings. Youhodler can handle that likewise considering that 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 concentrates on crypto loaning and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Blockfi Credit Card Europe

    The business’s CEO is Ilya Volkov. YouHodler is a main Blockchain Association member of the Financial Commission. YouHodler is not readily available in the United States in addition to in about a dozen other nations.