Find Earn Crypto With Network – Cryptocurrency

Looking for Earn Crypto With Network…YouHodler is a Swiss-based company that acts as a crypto-backed loan company. Among its main concepts is that you can still HODL, without needing to wait on a spike to offer.

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

The most advantageous feature would be the choice to withdraw fiat to a personal bank account or individual credit card. Users can also 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, allowing users to transfer their crypto assets with ease.

The platform concentrates on delivering a well-rounded experience for its users. You will find whatever that a crypto owner or a financier would possibly require. To put it simply, YouHodler uses a range of services that lets you harness your digital possessions.

YouHodler Wallet

YouHodler’s wallet is created with simplicity and performance in mind. You can transfer your cryptocurrency, convert it to fiat, and hold the funds for investment purposes in your wallet. The company uses dedicated wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Earn Crypto With Network

Possibly the most notable function at YouHodler is its capability to offer you loans. A financier could think about these financing chances as a means of hedging. Crucially, 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 eliminates a huge part of the risk that accompanies financial investment choices.

 

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 up to 90%. Outpacing its competitors, YouHodler accepts 15 various digital coins as security.

Users can receive both instantaneous cash loans and crypto loans in USD, EURO, GBP, CHF, and even in Bitcoin( BTC) and Tether( USDT). The interest rates on crypto loans are relatively 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 location.

 

YouHodler gives you a few alternatives to choose how you want to back your loan. You can look for a loan amount in fiat or Bitcoin– and you use multiple altcoins as collateral.

The preliminary application procedure works as follows:

Make a request utilizing your crypto possessions as collateral
Immediately receive an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
As soon as you pay back 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 enough collateral and a verified account, you are good to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has various plans for loans that come with predefined terms.

    There are three choices for loan periods:.

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

    Your interest rate is not figured out by the quantity of security that you installed. Instead, it depends upon the type of strategy you select.

    YouHodler offers the very same interest rate 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 help accelerate this objective.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place many ways to keep your funds safe..
    Strong Insurance. Crypto assets are guaranteed for approximately $150 million.
    Stablecoin Interest. YouHodler offers 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 find 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 rivals.
    Currencies to Borrow. Depending upon the currencies you utilize 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 earn 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.
    Type of service: Direct financing.

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

    What if you could simply transfer your crypto somewhere and make interest on it. This way, if the rate increases 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. Youhodler can deal with that also considering that 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 specializes in crypto lending and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Earn Crypto With Network

    The business’s CEO is Ilya Volkov. YouHodler is a main Blockchain Association member of the Financial Commission. YouHodler is not available in the United States as well as in about a lots other nations.