Find Blockfi Founders – Cryptocurrency

Looking for Blockfi Founders…YouHodler is a Swiss-based company that acts as a crypto-backed loan provider. Among its primary concepts is that you can still HODL, without having to wait for a spike to offer. It permits users to obtain fiat funds instantly, 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 useful feature would be the alternative to withdraw fiat to an individual bank account or individual credit 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 quick and effective, allowing 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 an investor would potentially require. Simply put, YouHodler uses a range of services that lets you harness your digital properties. YouHodler Wallet YouHodler’s wallet is developed with simplicity and performance in mind. You can move your cryptocurrency, transform it to fiat, and hold the funds for financial investment functions in your wallet. The business offers devoted wallet styles for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Blockfi Founders

Possibly the most notable function at YouHodler is its capability to use you loans. A financier might consider these funding opportunities as a means of hedging. Crucially, it provides you access to a versatile course to go into 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 removes a huge part of the danger that accompanies financial investment options.   YouHodler is unquestionably a leading player in this area– not least due to the fact that it offers a top-rate loan-to-value ratio of up to 90%. Outpacing its rivals, YouHodler accepts 15 various digital coins as security. Users can get both instant 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 could get your interest rate as low as 2.5%. Now let’s break down the loan process that YouHodler has in location.   YouHodler provides you a few options to pick how you wish to back your loan. You can make an application for a loan quantity in fiat or Bitcoin– and you use numerous altcoins as security. The initial application process works as follows: Make a demand using your crypto possessions as collateral Instantly receive an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin). Once you repay 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 procedure is as smooth as it could be. The company does not perform any credit history checks or take time to consider whether you are qualified for a loan. On the contrary, if you have enough collateral and a confirmed account, you are excellent to go.

How do you get paid on YouHodler?

  • Loan Terms and Amounts. YouHodler has various plans for loans that feature predefined terms. There are three choices for loan durations:. One month– 90% LTV. 60 days– 70% LTV. 180 days– 50% LTV. Your rate of interest is not identified by the amount of security that you put up. Rather, it depends upon the kind of strategy you pick. YouHodler provides the same rates of interest for all its users. As the neighborhood grows, the company hopes that its rate of interest will likewise drop accordingly. YouHodler likewise has an affiliate program to motivate its users to invite others to sign up with the platform to help accelerate this objective.   Pros of YouHodler:. Strong Security. YouHodler put in place many ways to keep your funds safe.. Solid Insurance. Crypto possessions are guaranteed for as much as $150 million. Stablecoin Interest. YouHodler uses a few 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. Flexible Terms. You can increase the period of your loans at any time. High LTV. The leading 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 quite recent compared to its rivals. Currencies to Obtain. Depending on 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 available 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, ASSOCIATE, and 15 other popular coins with the list growing. Kind of service: Direct loaning. Cryptocurrencies are unpredictable animals. To earn a profit, you need to be proficient at trading them or simply hold and hope your crypto gains in worth. Since of volatility, neither approach is particularly simple to do. What if you might just deposit your crypto someplace and make interest on it. This way, if the price increases by a percentage 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 deal with that also given that it loans out its crypto on deposits. Let’s see how it works. 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 Founders The business’s CEO is Ilya Volkov. YouHodler is a main Blockchain Association member of the Financial Commission. YouHodler is not offered in the United States along with in about a dozen other nations.