Looking for Youhodler 詐騙…YouHodler is a Swiss-based business that works as a crypto-backed loan provider. One of its main ideas is that you can still HODL, without having to wait for a spike to sell.
It permits users to borrow fiat funds quickly, 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 helpful feature would be the choice to withdraw fiat to a personal savings account or individual credit card. Users can likewise hold their cryptocurrency in a YouHodler savings account.
It would not be improbable to consider YouHodler as a bank for your cryptocurrency. It is efficient and fast, permitting users to move their crypto assets 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 perhaps need. To put it simply, YouHodler uses a range of services that lets you harness your digital properties.
YouHodler’s wallet is created with simpleness and performance in mind. You can transfer your cryptocurrency, convert it to fiat, and hold the funds for financial investment purposes in your wallet. The company offers dedicated wallet styles for Bitcoin and over 14 other popular cryptocurrencies.
Is YouHodler legitimate? Youhodler 詐騙
Possibly the most notable function at YouHodler is its capability to provide you loans. A financier could consider these funding opportunities as a means of hedging. Crucially, it gives you access to a flexible course to enter the cryptocurrency trading markets.
With a crypto-backed credit line, you can get fiat when you need it without touching your crypto portfolio at all. It eliminates a huge part of the danger that accompanies investment options.
YouHodler is unquestionably a leading player in this space– not least because it offers a top-rate loan-to-value ratio of up to 90%. Surpassing its rivals, YouHodler accepts 15 different digital coins as collateral.
Users can get both instantaneous cash 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 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 options to choose how you want to back your loan. You can request a loan amount in fiat or Bitcoin– and you use numerous altcoins as security.
The preliminary application process works as follows:
Make a request utilizing your crypto possessions as security
Immediately get an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
As soon as you repay the loan, you will right away get the security back, no matter whether its value has 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 history checks or take 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 bundles for loans that feature predefined terms.
There are three alternatives for loan durations:.
One month– 90% LTV.
60 days– 70% LTV.
180 days– 50% LTV.
Your interest rate is not determined by the amount of collateral that you put up. Rather, it depends on the kind of plan you choose.
YouHodler offers the very same rate of interest for all its users. As the community grows, the provider hopes that its rate of interest will also drop appropriately. YouHodler also has an affiliate program to motivate its users to invite others to sign up with the platform to help accelerate this goal.
Pros of YouHodler:.
Strong Security. YouHodler put in place lots of 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 rate of interest for stablecoins.
Special Functions. You’ll find cool items such as the Multi HODL and the Turbocharge, which you will not find anywhere else.
Flexible Terms. You can increase the period 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 rather recent compared to its competitors.
Currencies to Borrow. Depending on the currencies you use as collateral, you can just receive loans in USD, EUR, GBP, and BTC..
Year founded: 2018.
Headquarters: Cyprus and Switzerland.
Licenses: European Union Financial Commission.
Currencies readily available 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, ASSOCIATE, and 15 other popular coins with the list growing.
Kind of service: Direct lending.
Cryptocurrencies are volatile creatures. To earn a profit, you have to be good at trading them or simply hold and hope your crypto gains in worth. Neither approach is especially easy to do because of volatility.
If you might just transfer your crypto somewhere and earn interest on it, what. This way, if the cost increases by a small amount or not at all, you can still earn a profit. That’s what YouHodler does. It pays high interest on savings. Youhodler can deal with that also considering that it lends 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 specializes in crypto lending and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler 詐騙
The business’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 lots other countries.