Find Top 10 Crypto Icos For Lending – Cryptocurrency

Looking for Top 10 Crypto Icos For Lending…YouHodler is a Swiss-based business that acts as a crypto-backed loan service provider. Among its main principles is that you can still HODL, without having to await a spike to offer.

It permits users to obtain fiat funds instantly, based on the worth of their cryptocurrency asset 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 alternative to withdraw fiat to an individual bank account or personal charge card. Users can likewise hold their cryptocurrency in a YouHodler savings account.

It would not be far-fetched 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 concentrates on providing a well-rounded experience for its users. You will find everything that a crypto owner or a financier would perhaps need. Simply put, YouHodler uses a range of services that lets you harness your digital assets.

YouHodler Wallet

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

Is YouHodler legitimate? Top 10 Crypto Icos For Lending

Perhaps the most noteworthy feature at YouHodler is its capability to offer you loans. An investor might think about these funding opportunities as a means of hedging. Most importantly, it provides you access to a flexible course to get in the cryptocurrency trading markets.

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

 

YouHodler is unquestionably a leading player in this area– not least since it provides a top-rate loan-to-value ratio of as much as 90%. Exceeding its competitors, YouHodler accepts 15 different digital coins as security.

Users can get both immediate money 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 interest rate as low as 2.5%.

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

 

YouHodler offers you a couple of choices to choose 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 preliminary application procedure works as follows:

Make a request using your crypto assets as collateral
Instantly get an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you pay back the loan, you will instantly get the security back, despite whether its value has actually increased.

As you can see from the above, the process is as smooth as it could be. The company does not carry out any credit rating checks or take time to think about whether you are qualified for a loan. On the contrary, if you have adequate security and a validated account, you are excellent 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 options for loan durations:.

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

    Your interest rate is not identified by the quantity of security that you set up. Rather, it depends on the type of plan you pick.

    YouHodler provides the exact same rates of interest for all its users. As the neighborhood grows, the company hopes that its rates of interest will also drop accordingly. YouHodler likewise has an affiliate program to encourage its users to welcome others to sign up with the platform to assist accelerate this goal.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place numerous ways to keep your funds safe..
    Strong Insurance coverage. Crypto possessions are guaranteed for approximately $150 million.
    Stablecoin Interest. YouHodler offers a few of the best rate 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.
    Versatile Terms. You can increase the period of your loans at any time.
    High LTV. The leading 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 quite recent compared to its competitors.
    Currencies to Obtain. Depending upon the currencies you utilize as collateral, you can just receive loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Head office: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies available 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, ASSOCIATE, and 15 other popular coins with the list growing.
    Kind of service: Direct financing.

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

    What if you might just 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 deal with that likewise because it lends out its crypto on deposits.

    YouHodler is a cryptocurrency exchange that concentrates on crypto financing and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Top 10 Crypto Icos For Lending

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