Looking for Crypto Youhodler 30M Series Valar Ventures…YouHodler is a Swiss-based company that acts as a crypto-backed loan service provider. One of its main concepts is that you can still HODL, without having to wait on a spike to sell.
It permits users to borrow fiat funds immediately, based on the value of their cryptocurrency possession holdings. Apart from that, one can convert crypto to crypto, crypto to fiat, and also engage with stablecoins.
The most helpful function would be the choice to withdraw fiat to a personal savings account or individual credit card. Users can likewise hold their cryptocurrency in a YouHodler savings account.
It would not be improbable to consider YouHodler as a bank for your cryptocurrency. It is fast and efficient, allowing users to transfer their crypto properties with ease.
The platform focuses on providing a well-rounded experience for its users. You will find everything that a crypto owner or a financier would possibly need. To put it simply, YouHodler uses a range of services that lets you harness your digital possessions.
YouHodler’s wallet is designed with simplicity and effectiveness in mind. You can move your cryptocurrency, convert it to fiat, and hold the funds for investment functions in your wallet. The company provides dedicated wallet styles for Bitcoin and over 14 other popular cryptocurrencies.
Is YouHodler legitimate? Crypto Youhodler 30M Series Valar Ventures
Possibly the most noteworthy function at YouHodler is its capability to provide you loans. A financier could think about these funding chances as a means of hedging. Most importantly, it gives you access to a versatile path to enter 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 gets rid of a big part of the risk that accompanies investment options.
YouHodler is certainly a leading player in this space– not least because it offers a top-rate loan-to-value ratio of up to 90%. Outpacing its rivals, YouHodler accepts 15 different digital coins as collateral.
Users can receive both instant 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 rates of interest 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 select how you want to back your loan. You can make an application for a loan quantity in fiat or Bitcoin– and you utilize several altcoins as collateral.
The initial application procedure works as follows:
Make a demand using your crypto properties as collateral
Instantly receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you repay the loan, you will right away get the collateral back, regardless of whether its worth has increased.
As you can see from the above, the procedure is as seamless as it could be. The business does not perform any credit report checks or take some time to consider whether you are eligible for a loan. On the contrary, if you have sufficient collateral and a verified account, you are excellent 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 choices for loan periods:.
One month– 90% LTV.
60 days– 70% LTV.
180 days– 50% LTV.
Your rate of interest is not determined by the amount of security that you put up. Instead, it depends upon the type of plan you select.
YouHodler provides the very same rates of interest for all its users. As the community grows, the company hopes that its rate of interest will also drop appropriately. YouHodler also has an affiliate program to motivate its users to invite others to join the platform to assist accelerate this objective.
Pros of YouHodler:.
Strong Security. YouHodler put in place lots of methods to keep your funds safe..
Solid Insurance. Crypto assets are insured for approximately $150 million.
Stablecoin Interest. YouHodler uses a few of the very best interest rates for stablecoins.
Distinct Features. You’ll discover cool products 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 top 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 recent compared to its competitors.
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 earn interest: Fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG).
Currencies readily available 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 financing.
Cryptocurrencies are unstable animals. To earn a profit, you have to be good at trading them or simply hold and hope your crypto gains in value. Neither approach is especially easy to do because of volatility.
If you might just deposit your crypto somewhere and make interest on it, what. This way, 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 savings. If you remain in the marketplace for a crypto-backed loan, Youhodler can manage that also given that it loans out its crypto on deposits. Let’s see how it works.
YouHodler is a cryptocurrency exchange that specializes in crypto financing and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Crypto Youhodler 30M Series Valar Ventures
The company’s CEO is Ilya Volkov. YouHodler is a main Blockchain Association member of the Financial Commission. YouHodler is not readily available in the United States along with in about a dozen other countries.