Find Blockfi Series B – Cryptocurrency

Looking for Blockfi Series B…YouHodler is a Swiss-based company that serves as a crypto-backed loan provider. Among its main ideas is that you can still HODL, without having to wait on a spike to sell. It permits users to obtain fiat funds instantly, based on the value of their cryptocurrency possession holdings. Apart from that, one can transform crypto to crypto, crypto to fiat, and likewise engage with stablecoins. The most useful feature would be the choice to withdraw fiat to an individual checking account or individual charge card. Users can likewise 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 efficient, enabling users to move their crypto possessions with ease. The platform focuses on providing a well-rounded experience for its users. You will find whatever that a crypto owner or a financier would possibly need. In other words, YouHodler offers a variety of services that lets you harness your digital assets. YouHodler Wallet YouHodler’s wallet is designed with simpleness and efficiency in mind. You can move your cryptocurrency, convert it to fiat, and hold the funds for investment functions in your wallet. The business uses dedicated wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Blockfi Series B

Possibly the most noteworthy feature at YouHodler is its ability to use you loans. An investor could think about these financing chances as a means of hedging. Most importantly, it provides you access to a flexible course 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 big part of the risk that accompanies investment choices.   YouHodler is certainly a leading gamer in this area– not least because it uses a top-rate loan-to-value ratio of up to 90%. Outpacing its rivals, YouHodler accepts 15 different digital coins as collateral. Users can get both instant cash loans and crypto loans in USD, EURO, GBP, CHF, and even in Bitcoin( BTC) and Tether( USDT). The rates of interest on crypto loans are relatively reasonably at 12% APR. If you are taking out a short-term loan, you could get your rate of interest as low as 2.5%. Now let’s break down the loan procedure that YouHodler has in place.   YouHodler provides you a couple of alternatives to choose how you wish to back your loan. You can make an application for a loan quantity in fiat or Bitcoin– and you utilize multiple altcoins as collateral. The initial application process works as follows: Make a demand using your crypto properties as security Instantly get an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin). As soon as you pay back the loan, you will right away get the security back, no matter whether its value has actually increased. As you can see from the above, the process is as smooth as it could be. The company does not carry out any credit history checks or take 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 Amounts. YouHodler has different bundles for loans that come with predefined terms. There are three choices for loan periods:. 1 month– 90% LTV. 60 days– 70% LTV. 180 days– 50% LTV. Your rates of interest is not determined by the quantity of security that you set up. Rather, it depends upon the kind of plan you choose. YouHodler offers the exact same rate of interest for all its users. As the neighborhood grows, the provider hopes that its rate of interest will likewise drop accordingly. YouHodler likewise has an affiliate program to motivate its users to welcome others to sign up with the platform to assist accelerate this objective.   Pros of YouHodler:. Strong Security. YouHodler put in place lots of ways to keep your funds safe.. Solid Insurance. Crypto assets are insured for up to $150 million. Stablecoin Interest. YouHodler uses a few of the best rate of interest 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 security with 90% loan-to-value.

    Is CoinLoan safe?

    Cons of YouHodler:. Seniority. YouHodler was founded in 2018, which is rather current compared to its competitors. Currencies to Borrow. Depending upon the currencies you utilize as collateral, you can just get loans in USD, EUR, GBP, and BTC.. Year established: 2018. Headquarters: Cyprus and Switzerland. Licenses: European Union Financial Commission. Currencies readily available to make 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 financing. Cryptocurrencies are unpredictable creatures. To make a profit, you have to be good at trading them or just hold and hope your crypto gains in value. Neither method is especially easy to do because of volatility. What if you could simply deposit your crypto somewhere and make interest on it. It pays high interest on savings. If you’re in the market for a crypto-backed loan, Youhodler can manage that also because it loans out its crypto on deposits. YouHodler is a cryptocurrency exchange that focuses on crypto lending and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Blockfi Series B The company’s CEO is Ilya Volkov. YouHodler is a main Blockchain Association member of the Financial Commission. YouHodler is not offered in the United States in addition to in about a dozen other countries.