Find How To Buy Crypto On Coinbase Without Fees – Cryptocurrency

Looking for How To Buy Crypto On Coinbase Without Fees…YouHodler is a Swiss-based company that works as a crypto-backed loan company. One of its primary concepts is that you can still HODL, without needing to wait for a spike to sell.

It permits users to obtain fiat funds quickly, based upon 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 beneficial feature would be the alternative to withdraw fiat to a personal checking account or personal credit 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 effective and quick, permitting users to move their crypto possessions with ease.

The platform focuses on providing a well-rounded experience for its users. You will discover whatever that a crypto owner or an investor would perhaps need. To put it simply, YouHodler uses a variety of services that lets you harness your digital assets.

YouHodler Wallet

YouHodler’s wallet is designed with simpleness and efficiency in mind. You can transfer your cryptocurrency, transform it to fiat, and hold the funds for financial investment purposes in your wallet. The company offers devoted wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? How To Buy Crypto On Coinbase Without Fees

Maybe the most noteworthy function at YouHodler is its ability to provide you loans. An investor could consider these financing opportunities as a means of hedging. Crucially, it gives you access to a flexible path to get in 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 gets rid of a big part of the threat that accompanies financial investment choices.

 

YouHodler is certainly a leading gamer in this area– not least due to the fact that it provides a top-rate loan-to-value ratio of as much as 90%. Outmatching its rivals, YouHodler accepts 15 various digital coins as collateral.

Users can get 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 relatively reasonably at 12% APR. If you are taking out a short-term loan, you might get your rate of interest as low as 2.5%.

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

 

YouHodler offers you a few alternatives to select how you wish to back your loan. You can make an application for a loan amount in fiat or Bitcoin– and you use numerous altcoins as collateral.

The preliminary application process works as follows:

Make a request utilizing your crypto assets as security
Instantly receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you repay 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 smooth as it could be. The business does not carry out any credit rating checks or take some time to think about whether you are eligible for a loan. On the contrary, if you have enough collateral and a confirmed account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has different plans for loans that include predefined terms.

    There are three options for loan durations:.

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

    Your rates of interest is not determined by the quantity of collateral that you installed. Instead, it depends upon the type of plan you choose.

    YouHodler uses the very same interest rate for all its users. As the neighborhood grows, the service provider hopes that its rates of interest will likewise drop accordingly. YouHodler likewise has an affiliate program to encourage its users to welcome others to join the platform to assist accelerate this objective.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place lots of ways to keep your funds safe..
    Solid Insurance. Crypto possessions are insured for as much as $150 million.
    Stablecoin Interest. YouHodler uses some of the best interest rates for stablecoins.
    Special Functions. You’ll discover cool items such as the Multi HODL and the Turbocharge, which you will not discover anywhere else.
    Flexible Terms. You can increase the duration of your loans at any time.
    High LTV. The leading 20 coins can be used as security with 90% loan-to-value.

    Is CoinLoan safe?

     

    Cons of YouHodler:.
    Seniority. YouHodler was founded in 2018, which is quite recent compared to its rivals.
    Currencies to Obtain. Depending on the currencies you use as collateral, you can just get 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 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 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 worth. Due to the fact that of volatility, neither method is particularly easy to do.

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

    YouHodler is a cryptocurrency exchange that concentrates on crypto loaning and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. How To Buy Crypto On Coinbase Without Fees

    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.