Find Cryptocurrency Secured Loans – Cryptocurrency

Looking for Cryptocurrency Secured Loans…YouHodler is a Swiss-based company that acts as a crypto-backed loan provider. One of its primary concepts is that you can still HODL, without needing to wait on a spike to sell.

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

The most helpful feature would be the option to withdraw fiat to an individual checking account or individual charge card. Users can likewise 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, allowing users to move their crypto assets with ease.

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

YouHodler Wallet

YouHodler’s wallet is developed with simpleness and efficiency 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 dedicated wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Cryptocurrency Secured Loans

Perhaps the most significant function at YouHodler is its ability to provide you loans. A financier might consider these funding chances as a means of hedging. Most importantly, it provides you access to a versatile course 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 removes a huge part of the risk that accompanies financial investment choices.

 

YouHodler is unquestionably a leading player in this area– not least because it uses a top-rate loan-to-value ratio of as much as 90%. Outmatching its competitors, YouHodler accepts 15 various digital coins as security.

Users can receive 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 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 location.

 

YouHodler provides you a few options to pick how you wish to back your loan. You can look for a loan quantity in fiat or Bitcoin– and you utilize numerous altcoins as security.

The preliminary application procedure works as follows:

Make a demand using your crypto assets as collateral
Instantly 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, despite whether its worth has increased.

As you can see from the above, the process is as seamless as it could be. The business does not perform any credit rating checks or require time to think about whether you are qualified for a loan. On the contrary, if you have adequate security and a verified account, you are excellent to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has different bundles for loans that include predefined terms.

    There are 3 choices for loan durations:.

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

    Your interest rate is not determined by the amount of security that you set up. Instead, it depends upon the kind of plan you choose.

    YouHodler provides the same rates of interest for all its users. As the community grows, the supplier hopes that its interest rates will also drop accordingly. 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 lots of ways to keep your funds safe..
    Solid Insurance. Crypto possessions are insured for approximately $150 million.
    Stablecoin Interest. YouHodler offers some of the best rate of interest for stablecoins.
    Unique Features. You’ll discover cool products such as the Multi HODL and the Turbocharge, which you will not find anywhere else.
    Versatile Terms. You can increase the duration of your loans at any time.
    High LTV. The top 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 Borrow. Depending upon the currencies you use as security, you can just receive loans in USD, EUR, GBP, and BTC..
    Year established: 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 readily 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 financing.

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

    What if you might simply deposit your crypto someplace and earn interest on it. By doing this, if the cost boosts by a small amount or not at all, you can still earn a profit. That’s what YouHodler does. It pays high interest on cost savings. Youhodler can deal with that likewise 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 focuses on crypto lending and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Cryptocurrency Secured Loans

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