Find Youhodler App Download – Cryptocurrency

Looking for Youhodler App Download…YouHodler is a Swiss-based company that functions as a crypto-backed loan service provider. One of its primary concepts is that you can still HODL, without having to await a spike to sell.

It allows users to obtain fiat funds instantly, based upon the worth of their cryptocurrency asset 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 savings account or individual 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 quick and effective, enabling users to move their crypto properties with ease.

The platform concentrates on providing a well-rounded experience for its users. You will discover everything that a crypto owner or a financier would perhaps require. In other words, YouHodler provides a variety of services that lets you harness your digital possessions.

YouHodler Wallet

YouHodler’s wallet is created with simplicity and performance in mind. You can move your cryptocurrency, transform it to fiat, and hold the funds for investment purposes in your wallet. The business uses dedicated wallet styles for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Youhodler App Download

Possibly the most significant feature at YouHodler is its capability to use you loans. An investor might consider these financing opportunities as a means of hedging. Crucially, it provides you access to a versatile course to go into 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 removes a huge part of the threat that accompanies financial investment choices.

 

YouHodler is undoubtedly a leading player in this area– not least since it uses a top-rate loan-to-value ratio of approximately 90%. Surpassing its rivals, YouHodler accepts 15 various 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 interest rates on crypto loans are relatively reasonably at 12% APR. If you are taking out a short-term loan, you might get your rates of interest as low as 2.5%.

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

 

YouHodler offers you a couple of options to select how you want to back your loan. You can request a loan quantity in fiat or Bitcoin– and you utilize several altcoins as collateral.

The initial application process works as follows:

Make a demand utilizing your crypto assets as collateral
Quickly get an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you pay back the loan, you will right away get the collateral back, no matter whether its value has actually increased.

As you can see from the above, the procedure is as smooth as it could be. The company does not perform any credit report 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 Quantities.

    YouHodler has various plans for loans that feature predefined terms.

    There are three alternatives for loan durations:.

    30 days– 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 type of plan you pick.

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

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place numerous methods 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 rates of interest for stablecoins.
    Unique Features. You’ll find cool products 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 top 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 current compared to its rivals.
    Currencies to Obtain. Depending on the currencies you utilize as security, you can only 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 readily available for borrowing: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REP, and 15 other popular coins with the list growing.
    Kind of service: Direct lending.

    Cryptocurrencies are unstable 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 especially easy to do.

    What if you might just deposit your crypto someplace and earn interest on it. In this manner, if the cost increases by a percentage or not at all, you can still make a profit. That’s what YouHodler does. It pays high interest on savings. Youhodler can deal with that likewise given 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 concentrates on crypto financing and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler App Download

    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.