Find Loans Crypto – Cryptocurrency

Looking for Loans Crypto…YouHodler is a Swiss-based business that functions as a crypto-backed loan service provider. One of its primary concepts is that you can still HODL, without needing to await a spike to offer.

It allows users to obtain fiat funds immediately, 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 function would be the option to withdraw fiat to an individual savings account or personal credit card. Users can likewise hold their cryptocurrency in a YouHodler savings account.

It wouldn’t be improbable to consider YouHodler as a bank for your cryptocurrency. It is fast and efficient, enabling users to move their crypto assets with ease.

The platform focuses on providing a well-rounded experience for its users. You will find whatever that a crypto owner or an investor would perhaps need. In other words, YouHodler offers a variety of services that lets you harness your digital assets.

YouHodler Wallet

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

Is YouHodler legitimate? Loans Crypto

Possibly the most notable function at YouHodler is its capability to use you loans. A financier could consider these funding chances as a means of hedging. Crucially, it offers you access to a flexible 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 danger that accompanies financial investment options.

 

YouHodler is unquestionably a leading player in this space– not least since it uses a top-rate loan-to-value ratio of approximately 90%. Outpacing its competitors, YouHodler accepts 15 different digital coins as collateral.

Users can receive both instantaneous 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 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 provides you a couple of alternatives to select how you want to back your loan. You can make an application for a loan amount in fiat or Bitcoin– and you use multiple altcoins as security.

The initial application process works as follows:

Make a demand using your crypto properties as collateral
Instantly receive an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you repay the loan, you will right away get the security back, regardless of whether its value has increased.

As you can see from the above, the process is as seamless as it could be. The company 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 validated account, you are good to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has different packages for loans that include predefined terms.

    There are three options for loan durations:.

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

    Your interest rate is not figured out by the amount of security that you put up. Rather, it depends upon the type of strategy you select.

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

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place many ways to keep your funds safe..
    Solid Insurance coverage. Crypto properties are guaranteed for as much as $150 million.
    Stablecoin Interest. YouHodler offers some of the very best interest rates for stablecoins.
    Unique Features. You’ll find cool items such as the Multi HODL and the Turbocharge, which you won’t discover anywhere else.
    Versatile Terms. You can increase the duration of your loans at any time.
    High LTV. The leading 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 quite current compared to its competitors.
    Currencies to Borrow. Depending upon the currencies you utilize as collateral, you can only get 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, REPRESENTATIVE, and 15 other popular coins with the list growing.
    Kind 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. Since of volatility, neither method is particularly easy to do.

    If you might just transfer your crypto someplace and earn interest on it, what. In this manner, if the price boosts by a small amount or not at all, you can still make a profit. That’s what YouHodler does. It pays high interest on savings. If you’re in the marketplace for a crypto-backed loan, Youhodler can handle that likewise since it loans out its crypto on deposits. Let’s see how it works.

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

    The company’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 dozen other nations.