Find Blockfi Welcome Bonus – Cryptocurrency

Looking for Blockfi Welcome Bonus…YouHodler is a Swiss-based business that serves as a crypto-backed loan service provider. Among its primary ideas is that you can still HODL, without needing to wait for a spike to offer.

It allows users to obtain fiat funds quickly, based upon the value of their cryptocurrency asset holdings. Apart from that, one can convert crypto to crypto, crypto to fiat, and also engage with stablecoins.

The most useful function would be the choice to withdraw fiat to a personal bank account or personal charge card. Users can also hold their cryptocurrency in a YouHodler savings account.

It would not be improbable to think about YouHodler as a bank for your cryptocurrency. It is efficient and fast, enabling users to move their crypto properties with ease.

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

YouHodler Wallet

YouHodler’s wallet is created with simpleness and efficiency 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 Welcome Bonus

Possibly the most significant function at YouHodler is its capability to provide you loans. An investor could consider these financing opportunities as a means of hedging. Most importantly, it gives you access to a flexible 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 eliminates a big part of the threat that accompanies investment options.

 

YouHodler is certainly a leading gamer in this area– not least since it offers 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 receive both immediate 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 fairly reasonably at 12% APR. If you are taking out a short-term loan, you might get your interest rate as low as 2.5%.

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

 

YouHodler offers you a couple of alternatives to choose how you want to back your loan. You can make an application for a loan quantity in fiat or Bitcoin– and you use several altcoins as security.

The initial application process works as follows:

Make a request utilizing your crypto assets as security
Immediately receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you pay back the loan, you will immediately get the security back, no matter 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 carry out any credit report 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 good to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

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

    There are 3 alternatives for loan periods:.

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

    Your interest rate is not identified by the quantity of collateral that you installed. Instead, it depends on the type of plan you choose.

    YouHodler provides the very same interest rate for all its users. As the community grows, the company hopes that its rate of interest will likewise drop appropriately. YouHodler also 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 numerous methods to keep your funds safe..
    Solid Insurance coverage. Crypto possessions are insured for up to $150 million.
    Stablecoin Interest. YouHodler uses a few of the best rates of interest for stablecoins.
    Unique Functions. You’ll discover cool products such as the Multi HODL and the Turbocharge, which you will not 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 utilize as collateral, you can just get loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Head office: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies readily 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.
    Type of service: Direct loaning.

    Cryptocurrencies are volatile animals. To earn a profit, you have to be good at trading them or simply hold and hope your crypto gains in worth. Neither method is particularly easy to do because of volatility.

    What if you could simply transfer your crypto someplace and make interest on it. It pays high interest on cost savings. If you’re in the market for a crypto-backed loan, Youhodler can deal with that also given that 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 Welcome Bonus

    The business’s CEO is Ilya Volkov. YouHodler is a main Blockchain Association member of the Financial Commission. YouHodler is not available in the United States in addition to in about a dozen other countries.