Find Crypto Coin That Loans – Cryptocurrency

Looking for Crypto Coin That Loans…YouHodler is a Swiss-based business that serves as a crypto-backed loan provider. One of its main ideas is that you can still HODL, without needing to await a spike to sell.

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

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

It wouldn’t be far-fetched to consider YouHodler as a bank for your cryptocurrency. It is quick and efficient, permitting users to transfer 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 a financier would perhaps need. To put it simply, YouHodler uses a variety of services that lets you harness your digital possessions.

YouHodler Wallet

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

Is YouHodler legitimate? Crypto Coin That Loans

Possibly the most noteworthy feature at YouHodler is its capability to provide you loans. An investor could consider these financing chances as a means of hedging. Most importantly, it offers you access to a flexible path to enter 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 gets rid of a huge part of the risk that accompanies investment choices.

 

YouHodler is certainly a leading gamer in this area– not least since it offers a top-rate loan-to-value ratio of up to 90%. Surpassing its rivals, YouHodler accepts 15 various 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 interest rate as low as 2.5%.

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

 

YouHodler provides you a couple of options to choose how you wish to back your loan. You can obtain a loan amount in fiat or Bitcoin– and you utilize several altcoins as security.

The preliminary application process works as follows:

Make a demand using your crypto possessions as collateral
Quickly get an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you repay the loan, you will right away get the collateral back, regardless of whether its value has 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 consider whether you are qualified for a loan. On the contrary, if you have enough collateral and a verified account, you are excellent 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 three choices for loan periods:.

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

    Your interest rate is not figured out by the quantity of collateral that you set up. Instead, it depends on the type of plan you select.

    YouHodler uses the exact 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 also has an affiliate program to encourage its users to welcome others to join the platform to help accelerate this goal.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place numerous methods to keep your funds safe..
    Strong Insurance. Crypto possessions are guaranteed for up to $150 million.
    Stablecoin Interest. YouHodler uses some of the very best rates of interest for stablecoins.
    Distinct Functions. You’ll find cool items such as the Multi HODL and the Turbocharge, which you won’t find anywhere else.
    Versatile Terms. You can increase the duration 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 rather current compared to its rivals.
    Currencies to Borrow. Depending upon the currencies you use as collateral, you can only get loans in USD, EUR, GBP, and BTC..
    Year founded: 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 loaning: 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 unpredictable animals. To earn a profit, you have to be proficient at trading them or just hold and hope your crypto gains in value. Because of volatility, neither method is especially simple to do.

    What if you might simply transfer your crypto somewhere and earn interest on it. It pays high interest on savings. If you’re in the market for a crypto-backed loan, Youhodler can deal with that also since it loans out its crypto on deposits.

    YouHodler is a cryptocurrency exchange that focuses on crypto financing and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Crypto Coin That Loans

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