Find Blockfi Referral Bonus – Cryptocurrency

Looking for Blockfi Referral Bonus…YouHodler is a Swiss-based company that works as a crypto-backed loan provider. Among its primary concepts is that you can still HODL, without needing to await a spike to sell.

It permits users to obtain fiat funds quickly, based on the value 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 a personal bank account or personal credit 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 effective and fast, enabling users to transfer their crypto assets with ease.

The platform focuses on delivering a well-rounded experience for its users. You will find whatever that a crypto owner or a financier would possibly need. To put it simply, YouHodler provides a range of services that lets you harness your digital assets.

YouHodler Wallet

YouHodler’s wallet is developed with simplicity and performance in mind. You can move your cryptocurrency, convert it to fiat, and hold the funds for financial investment functions in your wallet. The company provides devoted wallet styles for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Blockfi Referral Bonus

Perhaps the most significant function at YouHodler is its capability to offer you loans. An investor might consider these funding chances as a means of hedging. Crucially, it offers you access to a versatile path to go into 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 removes a big part of the threat that accompanies investment choices.

 

YouHodler is certainly a leading player in this space– not least because it uses a top-rate loan-to-value ratio of up to 90%. Outpacing its competitors, YouHodler accepts 15 different digital coins as security.

Users can get 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 could get your interest rate as low as 2.5%.

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

 

YouHodler offers you a couple of alternatives to pick how you want to back your loan. You can get a loan amount in fiat or Bitcoin– and you utilize numerous altcoins as security.

The preliminary application process works as follows:

Make a demand using your crypto assets as collateral
Instantly receive an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
As soon as you repay the loan, you will instantly 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 score checks or require time to consider whether you are eligible for a loan. On the contrary, if you have enough security and a verified account, you are excellent 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 alternatives for loan periods:.

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

    Your interest rate is not figured out by the amount of collateral that you installed. Rather, it depends on the type of strategy you select.

    YouHodler offers the same rate of interest for all its users. As the neighborhood grows, the provider hopes that its rates of interest will likewise drop accordingly. YouHodler also has an affiliate program to encourage its users to invite 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..
    Strong Insurance. Crypto possessions are insured for as much as $150 million.
    Stablecoin Interest. YouHodler provides a few of the best rate of interest for stablecoins.
    Special Functions. You’ll discover cool products such as the Multi HODL and the Turbocharge, which you won’t find 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 current compared to its competitors.
    Currencies to Borrow. Depending upon the currencies you use as security, you can only receive loans in USD, EUR, GBP, and BTC..
    Year founded: 2018.
    Head office: 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 borrowing: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REP, and 15 other popular coins with the list growing.
    Type of service: Direct lending.

    Cryptocurrencies are unstable animals. To make a profit, you need to be good at trading them or simply hold and hope your crypto gains in value. Due to the fact that of volatility, neither approach is especially simple to do.

    What if you could simply transfer your crypto someplace and make interest on it. By doing this, if the price increases by a small amount or not at all, you can still make a profit. That’s what YouHodler does. It pays high interest on savings. Youhodler can manage that likewise because it lends 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 focuses on crypto loaning and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Blockfi Referral Bonus

    The company’s CEO is Ilya Volkov. YouHodler is an official Blockchain Association member of the Financial Commission. YouHodler is not offered in the United States in addition to in about a dozen other countries.