Find “Crypto-to-crypto” Loans Use Cases – Cryptocurrency

Looking for “Crypto-to-crypto” Loans Use Cases…YouHodler is a Swiss-based company that works as a crypto-backed loan provider. One of its primary ideas is that you can still HODL, without needing to await a spike to sell.

It allows users to obtain fiat funds instantly, based upon the value of their cryptocurrency possession 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 a personal checking account or individual charge card. Users can likewise 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, permitting users to move their crypto assets 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 potentially need. In other words, YouHodler offers a variety of services that lets you harness your digital possessions.

YouHodler Wallet

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

Is YouHodler legitimate? “Crypto-to-crypto” Loans Use Cases

Perhaps the most noteworthy feature at YouHodler is its ability to use you loans. A financier might think about these funding chances as a means of hedging. Most importantly, it provides 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 require it without touching your crypto portfolio at all. It gets rid of a huge part of the danger that accompanies investment choices.

 

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

Users can receive 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 might get your rate of interest as low as 2.5%.

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

 

YouHodler gives you a few choices to choose how you wish to back your loan. You can apply for a loan quantity in fiat or Bitcoin– and you use multiple altcoins as collateral.

The preliminary application procedure works as follows:

Make a demand using your crypto assets as collateral
Immediately receive an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you repay the loan, you will right away get the security back, regardless of whether its worth has increased.

As you can see from the above, the procedure is as smooth as it could be. The business does not carry out any credit score checks or take some time to think about whether you are eligible for a loan. On the contrary, if you have adequate security and a verified account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has various packages for loans that feature predefined terms.

    There are three choices for loan durations:.

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

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

    YouHodler uses the exact same rates of interest for all its users. As the neighborhood grows, the provider hopes that its rate of interest will also drop appropriately. YouHodler also has an affiliate program to motivate its users to welcome others to join the platform to assist accelerate this goal.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place many methods to keep your funds safe..
    Solid Insurance coverage. Crypto properties are guaranteed for approximately $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 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 used as security with 90% loan-to-value.

    Is CoinLoan safe?

     

    Cons of YouHodler:.
    Seniority. YouHodler was founded in 2018, which is rather recent compared to its rivals.
    Currencies to Obtain. Depending upon the currencies you use as security, you can only get loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Headquarters: 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 available for loaning: 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 unpredictable creatures. To earn a profit, you have to be proficient at trading them or simply hold and hope your crypto gains in value. Because of volatility, neither approach is especially easy to do.

    If you might simply deposit your crypto someplace and make interest on it, what. In this manner, if the cost boosts by a percentage or not at all, you can still earn a profit. That’s what YouHodler does. It pays high interest on cost savings. If you remain in the marketplace for a crypto-backed loan, Youhodler can manage that likewise because it lends out its crypto on deposits. Let’s see how it works.

    YouHodler is a cryptocurrency exchange that concentrates on crypto loaning and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. “Crypto-to-crypto” Loans Use Cases

    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 as well as in about a dozen other countries.

Find Crypto-to-crypto Loans Use Cases – Cryptocurrency

Looking for Crypto-to-crypto Loans Use Cases…YouHodler is a Swiss-based company that functions as a crypto-backed loan service provider. Among its main concepts is that you can still HODL, without needing to wait for a spike to offer.

It permits users to borrow fiat funds instantly, based on the worth of their cryptocurrency asset holdings. Apart from that, one can transform crypto to crypto, crypto to fiat, and likewise engage with stablecoins.

The most useful function would be the alternative to withdraw fiat to an individual savings account or individual charge card. Users can also 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 fast and effective, allowing users to move their crypto possessions 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 perhaps need. Simply put, YouHodler provides a variety of services that lets you harness your digital possessions.

YouHodler Wallet

YouHodler’s wallet is created with simplicity and performance in mind. You can move your cryptocurrency, transform it to fiat, and hold the funds for investment functions in your wallet. The company offers devoted wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Crypto-to-crypto Loans Use Cases

Possibly the most notable function at YouHodler is its capability to provide you loans. An investor might think about these funding chances as a means of hedging. Crucially, it gives you access to a versatile course to go into 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 danger that accompanies financial investment options.

 

YouHodler is undoubtedly a leading player in this area– not least since it uses a top-rate loan-to-value ratio of up to 90%. Outmatching its rivals, YouHodler accepts 15 various digital coins as collateral.

Users can get both immediate money 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 relatively 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 procedure that YouHodler has in place.

 

YouHodler offers you a couple of choices to select how you want to back your loan. You can apply for a loan quantity in fiat or Bitcoin– and you use several altcoins as security.

The preliminary application process works as follows:

Make a request utilizing your crypto assets as collateral
Instantly receive 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 worth has actually increased.

As you can see from the above, the procedure is as seamless as it could be. The business does not perform any credit score checks or take some time to think about whether you are eligible for a loan. On the contrary, if you have adequate collateral and a verified account, you are excellent to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has different packages for loans that feature predefined terms.

    There are 3 alternatives for loan durations:.

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

    Your rate of interest is not figured out by the amount of collateral that you put up. Instead, it depends on the kind of plan you pick.

    YouHodler provides the same interest rate for all its users. As the community grows, the supplier hopes that its rates of interest will also drop appropriately. YouHodler likewise has an affiliate program to encourage its users to welcome others to sign up with the platform to help accelerate this goal.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place many ways to keep your funds safe..
    Strong Insurance. Crypto properties are insured for as much as $150 million.
    Stablecoin Interest. YouHodler provides a few of the best rates of interest for stablecoins.
    Unique Functions. You’ll discover cool items such as the Multi HODL and the Turbocharge, which you won’t discover 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 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 competitors.
    Currencies to Obtain. Depending upon the currencies you use 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 available 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, REPRESENTATIVE, and 15 other popular coins with the list growing.
    Kind of service: Direct financing.

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

    What if you might just deposit your crypto someplace and make interest on it. By doing this, if the cost increases by a percentage or not at all, you can still make a profit. That’s what YouHodler does. It pays high interest on savings. Youhodler can handle that also since 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 financing and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Crypto-to-crypto Loans Use Cases

    The business’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 countries.