Find Dapps Earn Crypto – Cryptocurrency

Looking for Dapps Earn Crypto…YouHodler is a Swiss-based business that works as a crypto-backed loan provider. 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 asset holdings. Apart from that, one can convert crypto to crypto, crypto to fiat, and likewise engage with stablecoins.

The most helpful feature would be the choice to withdraw fiat to a personal bank 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 efficient and quick, permitting users to move their crypto possessions with ease.

The platform concentrates on delivering a well-rounded experience for its users. You will find everything that a crypto owner or an investor would potentially require. Simply put, YouHodler offers a range of services that lets you harness your digital possessions.

YouHodler Wallet

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

Is YouHodler legitimate? Dapps Earn Crypto

Perhaps the most noteworthy feature at YouHodler is its capability to provide you loans. A financier could consider these funding chances as a means of hedging. Crucially, it offers you access to a versatile course 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 removes a big part of the danger that accompanies investment options.

 

YouHodler is undoubtedly a leading player in this area– not least since it uses a top-rate loan-to-value ratio of approximately 90%. Surpassing its competitors, YouHodler accepts 15 various 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 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 rate of interest as low as 2.5%.

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

 

YouHodler offers you a few alternatives to select how you wish to back your loan. You can request a loan quantity in fiat or Bitcoin– and you use multiple altcoins as security.

The preliminary application process works as follows:

Make a demand using your crypto assets as collateral
Immediately get an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
As soon as you pay back the loan, you will instantly get the collateral back, regardless of whether its value has actually increased.

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

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has various plans for loans that feature predefined terms.

    There are 3 alternatives for loan periods:.

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

    Your rates of interest is not determined by the amount of security that you set up. Rather, it depends on the type of strategy you select.

    YouHodler provides the same rate of interest for all its users. As the neighborhood grows, the service provider hopes that its interest rates will also drop appropriately. YouHodler likewise 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 numerous ways to keep your funds safe..
    Solid Insurance. Crypto properties are insured for as much as $150 million.
    Stablecoin Interest. YouHodler provides some of the best rates of interest for stablecoins.
    Special Features. You’ll discover cool products such as the Multi HODL and the Turbocharge, which you will not find anywhere else.
    Flexible 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 recent compared to its competitors.
    Currencies to Borrow. Depending on the currencies you use as collateral, you can only receive 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 borrowing: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REP, and 15 other popular coins with the list growing.
    Type of service: Direct loaning.

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

    What if you could simply deposit your crypto somewhere and earn interest on it. It pays high interest on savings. If you’re in the market for a crypto-backed loan, Youhodler can handle that likewise since it loans out its crypto on deposits.

    YouHodler is a cryptocurrency exchange that focuses on crypto financing and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Dapps Earn Crypto

    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 in addition to in about a dozen other nations.