Find Blockfi Founder Flori Marquez – Cryptocurrency

Looking for Blockfi Founder Flori Marquez…YouHodler is a Swiss-based business that serves as a crypto-backed loan provider. One of its main principles is that you can still HODL, without needing to wait for a spike to sell. It enables users to borrow fiat funds immediately, based on the worth of their cryptocurrency property holdings. Apart from that, one can transform crypto to crypto, crypto to fiat, and likewise engage with stablecoins. The most beneficial function would be the alternative to withdraw fiat to an individual savings 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 effective and quick, allowing users to move their crypto properties with ease. The platform concentrates on delivering a well-rounded experience for its users. You will discover everything that a crypto owner or an investor would perhaps require. To put it simply, YouHodler provides a variety of services that lets you harness your digital assets. YouHodler Wallet YouHodler’s wallet is developed with simplicity and efficiency in mind. You can transfer your cryptocurrency, transform it to fiat, and hold the funds for financial investment functions in your wallet. The business provides dedicated wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Blockfi Founder Flori Marquez

Maybe the most significant function at YouHodler is its ability to use you loans. A financier might consider these funding chances as a means of hedging. Most importantly, it gives you access to a versatile path to enter the cryptocurrency trading markets. With a crypto-backed credit line, 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 investment choices.   YouHodler is undoubtedly a leading gamer in this area– not least because it provides a top-rate loan-to-value ratio of as much as 90%. Outmatching 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 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 procedure that YouHodler has in location.   YouHodler offers you a few choices to choose how you wish to back your loan. You can request a loan amount in fiat or Bitcoin– and you utilize several altcoins as security. The initial application process works as follows: Make a demand utilizing your crypto possessions as collateral Immediately 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, regardless of whether its value has actually increased. As you can see from the above, the process is as seamless as it could be. The business does not perform any credit rating checks or take some time to consider whether you are eligible for a loan. On the contrary, if you have sufficient security and a validated account, you are great to go.

How do you get paid on YouHodler?

  • Loan Terms and Quantities. YouHodler has various packages for loans that come with predefined terms. There are three alternatives for loan periods:. Thirty days– 90% LTV. 60 days– 70% LTV. 180 days– 50% LTV. Your interest rate is not figured out by the quantity of collateral that you set up. Rather, it depends on the type of plan you select. YouHodler offers the same rates of interest for all its users. As the neighborhood grows, the supplier hopes that its interest rates will also drop appropriately. YouHodler also has an affiliate program to motivate its users to invite others to join the platform to help accelerate this objective.   Pros of YouHodler:. Strong Security. YouHodler put in place lots of ways to keep your funds safe.. Solid Insurance coverage. Crypto properties are insured for up to $150 million. Stablecoin Interest. YouHodler offers a few of the best rate of interest for stablecoins. Unique Functions. You’ll discover cool products such as the Multi HODL and the Turbocharge, which you won’t discover anywhere else. Versatile Terms. You can increase the duration of your loans at any time. High LTV. The leading 20 coins can be used as security 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 Borrow. Depending upon the currencies you use as security, you can just receive loans in USD, EUR, GBP, and BTC.. Year established: 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 offered for borrowing: 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 volatile animals. To make a profit, you have to be good at trading them or just hold and hope your crypto gains in value. Because of volatility, neither approach is particularly easy to do. What if you could simply deposit your crypto someplace and earn interest on it. It pays high interest on cost savings. If you’re in the market for a crypto-backed loan, Youhodler can handle that also since it loans out its crypto on deposits. 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 Founder Flori Marquez The business’s CEO is Ilya Volkov. YouHodler is an official Blockchain Association member of the Financial Commission. YouHodler is not offered in the United States along with in about a dozen other nations.