Find Crypto Loan Compare – Cryptocurrency

Looking for Crypto Loan Compare…YouHodler is a Swiss-based business that works as a crypto-backed loan company. One of its main ideas is that you can still HODL, without needing to await a spike to offer.

It permits users to borrow fiat funds immediately, 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 beneficial feature would be the alternative to withdraw fiat to an individual savings account or personal credit card. Users can also hold their cryptocurrency in a YouHodler savings account.

It wouldn’t be far-fetched to think about YouHodler as a bank for your cryptocurrency. It is fast and effective, enabling users to transfer their crypto properties with ease.

The platform concentrates on providing a well-rounded experience for its users. You will discover everything that a crypto owner or a financier would perhaps need. Simply put, YouHodler uses a range of services that lets you harness your digital assets.

YouHodler Wallet

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

Is YouHodler legitimate? Crypto Loan Compare

Maybe the most notable function at YouHodler is its ability to use you loans. A financier could consider these funding chances as a means of hedging. Most importantly, it offers you access to a versatile path to get in the cryptocurrency trading markets.

With a crypto-backed line of credit, you can get fiat when you require it without touching your crypto portfolio at all. It eliminates a huge part of the risk that accompanies investment choices.

 

YouHodler is undoubtedly a leading player in this space– not least since it uses a top-rate loan-to-value ratio of approximately 90%. Outmatching its rivals, 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 rates 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 provides you a few alternatives to pick how you want to back your loan. You can obtain a loan amount in fiat or Bitcoin– and you use several altcoins as security.

The initial application procedure works as follows:

Make a request utilizing your crypto properties as security
Immediately get an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you repay the loan, you will immediately get the security back, no matter whether its worth 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 report checks or require time to consider whether you are qualified for a loan. On the contrary, if you have adequate security and a validated account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has different packages for loans that feature predefined terms.

    There are three alternatives for loan periods:.

    Thirty days– 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 upon the kind of strategy you choose.

    YouHodler uses the very same rate of interest for all its users. As the community grows, the service provider hopes that its rate of interest will also drop accordingly. YouHodler also has an affiliate program to encourage 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 many methods to keep your funds safe..
    Solid Insurance coverage. Crypto possessions are insured for as much as $150 million.
    Stablecoin Interest. YouHodler uses a few of the very best interest rates for stablecoins.
    Unique Functions. You’ll discover cool items such as the Multi HODL and the Turbocharge, which you will not find anywhere else.
    Flexible Terms. You can increase the period 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 rivals.
    Currencies to Obtain. Depending upon the currencies you utilize 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 offered to make interest: Fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG).
    Currencies offered for loaning: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REP, and 15 other popular coins with the list growing.
    Kind of service: Direct lending.

    Cryptocurrencies are volatile creatures. To earn a profit, you need to be proficient at trading them or simply hold and hope your crypto gains in value. Neither method is especially easy to do because of volatility.

    What if you might just transfer your crypto someplace and make interest on it. In this manner, 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. If you’re in the marketplace for a crypto-backed loan, Youhodler can manage that likewise because it loans out its crypto on deposits. Let’s see how it works.

    YouHodler is a cryptocurrency exchange that specializes in crypto loaning and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Crypto Loan Compare

    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 as well as in about a lots other nations.