Find Blockfi New Account Bonus – Cryptocurrency

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

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

The most helpful feature would be the option to withdraw fiat to an individual checking account or individual charge card. Users can also 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 efficient and quick, enabling users to move their crypto properties with ease.

The platform focuses on providing a well-rounded experience for its users. You will discover everything that a crypto owner or an investor would potentially require. In other words, YouHodler offers a variety of services that lets you harness your digital properties.

YouHodler Wallet

YouHodler’s wallet is designed with simpleness and effectiveness in mind. You can transfer your cryptocurrency, transform it to fiat, and hold the funds for investment functions in your wallet. The business provides dedicated wallet styles for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Blockfi New Account Bonus

Maybe the most notable function at YouHodler is its capability to use you loans. An investor might think about these funding opportunities as a means of hedging. Crucially, it gives 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 eliminates a huge part of the risk that accompanies financial investment options.

 

YouHodler is certainly a leading player in this space– not least because it provides a top-rate loan-to-value ratio of as much as 90%. Exceeding its rivals, YouHodler accepts 15 different digital coins as collateral.

Users can receive both instant cash 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 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 few options to select how you want to back your loan. You can obtain a loan amount in fiat or Bitcoin– and you use numerous altcoins as security.

The initial application process works as follows:

Make a request utilizing your crypto assets as collateral
Immediately get an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
As soon as you repay the loan, you will instantly get the collateral back, despite whether its value has increased.

As you can see from the above, the procedure is as seamless as it could be. The company does not perform any credit history checks or take some time to think about whether you are eligible for a loan. On the contrary, if you have adequate collateral and a confirmed account, you are excellent to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has various bundles for loans that come with predefined terms.

    There are 3 alternatives for loan durations:.

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

    Your rate of interest is not determined by the quantity of collateral that you put up. Rather, it depends on the kind of plan you select.

    YouHodler uses the exact same rates of interest for all its users. As the neighborhood grows, the service provider hopes that its rate of interest will likewise drop appropriately. YouHodler likewise has an affiliate program to motivate its users to welcome others to sign up with the platform to assist accelerate this goal.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place many ways to keep your funds safe..
    Solid Insurance. Crypto possessions are guaranteed for up to $150 million.
    Stablecoin Interest. YouHodler offers some of the best interest rates for stablecoins.
    Distinct Features. You’ll find cool items such as the Multi HODL and the Turbocharge, which you won’t discover anywhere else.
    Flexible Terms. You can increase the duration of your loans at any time.
    High LTV. The leading 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 quite recent compared to its competitors.
    Currencies to Obtain. Depending upon the currencies you use as collateral, you can just receive loans in USD, EUR, GBP, and BTC..
    Year founded: 2018.
    Head office: 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 available 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 creatures. To make a profit, you need to be proficient at trading them or simply hold and hope your crypto gains in worth. Because of volatility, neither method is especially easy to do.

    What if you might simply transfer your crypto somewhere 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 manage that also since it lends out its crypto on deposits.

    YouHodler is a cryptocurrency exchange that focuses on crypto financing and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Blockfi New Account Bonus

    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 lots other countries.