Find Crypto Salt Lending – Cryptocurrency

Looking for Crypto Salt Lending…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 needing to wait on a spike to sell.

It allows users to borrow fiat funds quickly, based on the value of their cryptocurrency property holdings. Apart from that, one can convert crypto to crypto, crypto to fiat, and likewise engage with stablecoins.

The most useful feature would be the alternative to withdraw fiat to a personal checking account or individual charge card. Users can likewise 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 effective and quick, permitting users to move 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 potentially need. To put it simply, YouHodler provides a variety of services that lets you harness your digital assets.

YouHodler Wallet

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

Is YouHodler legitimate? Crypto Salt Lending

Maybe the most significant function at YouHodler is its capability to offer you loans. A financier might consider these financing opportunities as a means of hedging. Most importantly, it gives you access to a versatile course to get in the cryptocurrency trading markets.

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

 

YouHodler is undoubtedly a leading player in this space– not least due to the fact that it provides a top-rate loan-to-value ratio of as much as 90%. Outpacing its competitors, YouHodler accepts 15 various digital coins as security.

Users can get both instant money 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 fairly 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 process that YouHodler has in place.

 

YouHodler gives you a few alternatives to pick how you wish to back your loan. You can obtain a loan quantity in fiat or Bitcoin– and you utilize several altcoins as security.

The initial application process works as follows:

Make a demand utilizing your crypto possessions as security
Quickly receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
As soon as you pay back the loan, you will immediately get the collateral back, despite whether its worth has increased.

As you can see from the above, the process is as smooth as it could be. The company does not perform any credit report checks or take time to consider whether you are qualified for a loan. On the contrary, if you have adequate security and a validated account, you are good to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has different packages for loans that include predefined terms.

    There are 3 alternatives for loan periods:.

    30 days– 90% LTV.
    60 days– 70% LTV.
    180 days– 50% LTV.

    Your rates of interest is not determined by the quantity of collateral that you installed. Rather, it depends upon the type of strategy you choose.

    YouHodler offers the same rates of interest for all its users. As the community grows, the supplier hopes that its interest rates will likewise drop accordingly. YouHodler likewise has an affiliate program to motivate its users to invite 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 assets are guaranteed for up to $150 million.
    Stablecoin Interest. YouHodler offers some 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 will not discover anywhere else.
    Versatile Terms. You can increase the period of your loans at any time.
    High LTV. The leading 20 coins can be utilized as collateral 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 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 make interest: Fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG).
    Currencies offered 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 unpredictable creatures. To earn a profit, you have to be good at trading them or simply hold and hope your crypto gains in worth. Neither approach is especially easy to do because of volatility.

    If you could simply transfer your crypto somewhere and make interest on it, what. This way, if the rate 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 cost savings. Youhodler can handle that also 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 concentrates on crypto loaning and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Crypto Salt Lending

    The business’s CEO is Ilya Volkov. YouHodler is a main Blockchain Association member of the Financial Commission. YouHodler is not offered in the United States along with in about a dozen other nations.