Find Get A Loan To Invest In Bitcoin – Cryptocurrency

Looking for Get A Loan To Invest In Bitcoin…YouHodler is a Swiss-based business that functions as a crypto-backed loan company. Among its primary concepts is that you can still HODL, without having to await a spike to sell.

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 advantageous feature would be the option to withdraw fiat to an individual savings account or individual credit card. Users can likewise hold their cryptocurrency in a YouHodler savings account.

It wouldn’t be improbable to think about YouHodler as a bank for your cryptocurrency. It is fast and efficient, allowing users to transfer their crypto possessions with ease.

The platform focuses on providing a well-rounded experience for its users. You will find everything that a crypto owner or an investor would possibly need. Simply put, YouHodler offers a range of services that lets you harness your digital properties.

YouHodler Wallet

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

Is YouHodler legitimate? Get A Loan To Invest In Bitcoin

Possibly the most noteworthy feature at YouHodler is its capability to offer you loans. A financier might think about these funding chances as a means of hedging. Most importantly, it provides you access to a versatile course to go into the cryptocurrency trading markets.

With a crypto-backed credit line, you can get fiat when you require it without touching your crypto portfolio at all. It eliminates a huge part of the threat that accompanies investment options.

 

YouHodler is certainly a leading player in this area– not least due to the fact that it uses a top-rate loan-to-value ratio of up to 90%. Outpacing its competitors, YouHodler accepts 15 different digital coins as collateral.

Users can receive both immediate 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 rates of interest as low as 2.5%.

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

 

YouHodler gives you a couple of choices to pick how you wish to back your loan. You can make an application for a loan amount in fiat or Bitcoin– and you use several altcoins as collateral.

The preliminary application process works as follows:

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

As you can see from the above, the procedure is as smooth as it could be. The business does not perform any credit report checks or take time to consider whether you are eligible for a loan. On the contrary, if you have enough security and a validated account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has different packages for loans that come with predefined terms.

    There are three alternatives for loan periods:.

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

    Your rates of interest is not identified by the amount of security that you set up. Rather, it depends upon the kind of strategy you select.

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

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place numerous methods to keep your funds safe..
    Strong Insurance coverage. Crypto assets are insured for up to $150 million.
    Stablecoin Interest. YouHodler provides some of the best interest rates for stablecoins.
    Special Features. You’ll find cool products such as the Multi HODL and the Turbocharge, which you will not 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 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 Borrow. Depending on the currencies you use as collateral, you can only receive loans in USD, EUR, GBP, and BTC..
    Year founded: 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 offered 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 lending.

    Cryptocurrencies are volatile creatures. To make a profit, you need to be good at trading them or simply hold and hope your crypto gains in worth. Neither technique is particularly easy to do because of volatility.

    What if you could just deposit your crypto someplace and make interest on it. In this manner, if the price 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 given that it loans 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 cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Get A Loan To Invest In Bitcoin

    The company’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 lots other nations.