Find Blockfi Exchange – Cryptocurrency

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

It enables users to obtain fiat funds instantly, based on the worth of their cryptocurrency property holdings. Apart from that, one can convert crypto to crypto, crypto to fiat, and also engage with stablecoins.

The most beneficial function would be the alternative to withdraw fiat to a personal bank account or individual charge card. Users can also hold their cryptocurrency in a YouHodler savings account.

It would not be improbable to think about YouHodler as a bank for your cryptocurrency. It is efficient 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 discover everything that a crypto owner or a financier would possibly require. In other words, YouHodler offers a variety of services that lets you harness your digital assets.

YouHodler Wallet

YouHodler’s wallet is created with simplicity and performance in mind. You can transfer your cryptocurrency, transform it to fiat, and hold the funds for investment purposes in your wallet. The business provides dedicated wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Blockfi Exchange

Possibly the most notable feature at YouHodler is its ability to offer you loans. A financier might consider these financing chances as a means of hedging. Most importantly, it offers you access to a versatile course to enter the cryptocurrency trading markets.

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

 

YouHodler is undoubtedly a leading gamer in this area– not least since it provides a top-rate loan-to-value ratio of approximately 90%. Surpassing its rivals, YouHodler accepts 15 different digital coins as collateral.

Users can get both instantaneous 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 might get your rate of interest as low as 2.5%.

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

 

YouHodler gives you a couple of alternatives to select how you wish to back your loan. You can obtain a loan quantity in fiat or Bitcoin– and you use several altcoins as security.

The preliminary application process works as follows:

Make a request utilizing your crypto assets as collateral
Instantly receive an agreed loan amount 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 worth has actually increased.

As you can see from the above, the procedure is as seamless as it could be. The business does not carry out any credit rating checks or take some time to think about whether you are eligible 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 bundles for loans that feature predefined terms.

    There are three options for loan periods:.

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

    Your rate of interest is not determined by the amount of security that you put up. Rather, it depends upon the kind of strategy you choose.

    YouHodler offers the very same interest rate for all its users. As the community grows, the supplier hopes that its rate of interest will also drop accordingly. YouHodler likewise 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 many methods to keep your funds safe..
    Strong Insurance. Crypto properties are insured for up to $150 million.
    Stablecoin Interest. YouHodler provides some of the very best rates of interest for stablecoins.
    Distinct Functions. You’ll find cool products such as the Multi HODL and the Turbocharge, which you will not discover anywhere else.
    Versatile Terms. You can increase the duration 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 rivals.
    Currencies to Borrow. Depending upon the currencies you utilize as security, you can just get loans in USD, EUR, GBP, and BTC..
    Year founded: 2018.
    Headquarters: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies offered 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 loaning.

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

    What if you could just deposit your crypto someplace and earn interest on it. By doing this, if the cost boosts by a small amount or not at all, you can still earn a profit. That’s what YouHodler does. It pays high interest on cost savings. If you remain in the market for a crypto-backed loan, Youhodler can handle that likewise given that it loans out its crypto on deposits. Let’s see how it works.

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

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