Find Unsecured Bitcoin Loans – Cryptocurrency

Looking for Unsecured Bitcoin Loans…YouHodler is a Swiss-based company that acts as a crypto-backed loan provider. One of its main principles is that you can still HODL, without needing to wait for a spike to sell.

It allows users to obtain fiat funds instantly, based on the worth of their cryptocurrency property holdings. Apart from that, one can convert crypto to crypto, crypto to fiat, and also engage with stablecoins.

The most beneficial function would be the choice to withdraw fiat to a personal bank account or personal credit card. Users can also 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 effective and quick, enabling users to transfer their crypto properties with ease.

The platform focuses on delivering a well-rounded experience for its users. You will discover everything that a crypto owner or a financier would possibly need. To put it simply, YouHodler provides a variety of services that lets you harness your digital properties.

YouHodler Wallet

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

Is YouHodler legitimate? Unsecured Bitcoin Loans

Maybe the most notable feature at YouHodler is its ability to offer you loans. A financier could think about these funding opportunities as a means of hedging. Crucially, it gives you access to a versatile course to enter 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 risk that accompanies investment options.

 

YouHodler is unquestionably a leading player in this space– not least since it offers a top-rate loan-to-value ratio of up to 90%. Surpassing its competitors, YouHodler accepts 15 various 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 interest rates on crypto loans are fairly 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 procedure that YouHodler has in place.

 

YouHodler gives you a couple of alternatives 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 multiple altcoins as collateral.

The preliminary application procedure works as follows:

Make a demand using your crypto assets as collateral
Immediately 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, regardless of whether its worth has actually increased.

As you can see from the above, the process is as seamless as it could be. The company does not carry out any credit history checks or take time to think about whether you are qualified for a loan. On the contrary, if you have adequate security and a verified account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

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

    There are 3 alternatives for loan periods:.

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

    Your rate of interest is not determined by the quantity of security that you installed. Instead, it depends on the kind of plan you select.

    YouHodler uses the same rate of interest for all its users. As the neighborhood grows, the company hopes that its rate of interest will likewise drop accordingly. YouHodler likewise has an affiliate program to motivate its users to invite others to join the platform to help 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 approximately $150 million.
    Stablecoin Interest. YouHodler offers some of the best rates of interest for stablecoins.
    Special Features. You’ll find cool items such as the Multi HODL and the Turbocharge, which you won’t find anywhere else.
    Versatile Terms. You can increase the period of your loans at any time.
    High LTV. The top 20 coins can be used as collateral with 90% loan-to-value.

    Is CoinLoan safe?

     

    Cons of YouHodler:.
    Seniority. YouHodler was founded in 2018, which is rather current compared to its competitors.
    Currencies to Borrow. Depending on the currencies you utilize as collateral, you can just get loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Head office: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies readily available to make interest: Fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG).
    Currencies available for loaning: 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 unpredictable animals. To make a profit, you need to be proficient at trading them or just hold and hope your crypto gains in worth. Neither approach is particularly easy to do because of volatility.

    What if you might just deposit your crypto someplace and earn interest on it. In this manner, if the cost boosts by a percentage or not at all, you can still earn a profit. That’s what YouHodler does. It pays high interest on savings. Youhodler can handle that also because 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 concentrates on crypto lending and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Unsecured Bitcoin Loans

    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 as well as in about a dozen other countries.