Find Youhodler Bitcoin Points – Cryptocurrency

Looking for Youhodler Bitcoin Points…YouHodler is a Swiss-based company that functions as a crypto-backed loan provider. One of its primary principles is that you can still HODL, without having to await a spike to offer.

It enables users to borrow fiat funds immediately, based on the value of their cryptocurrency possession holdings. Apart from that, one can transform crypto to crypto, crypto to fiat, and also engage with stablecoins.

The most helpful feature would be the option to withdraw fiat to a personal checking account or individual credit card. Users can also 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 effective, allowing users to transfer their crypto properties with ease.

The platform focuses on providing a well-rounded experience for its users. You will discover whatever that a crypto owner or a financier would potentially require. In other words, YouHodler uses a variety of services that lets you harness your digital assets.

YouHodler Wallet

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

Is YouHodler legitimate? Youhodler Bitcoin Points

Maybe the most significant function at YouHodler is its ability to use you loans. A financier might think about these funding chances as a means of hedging. Most importantly, it provides you access to a versatile path to go into the cryptocurrency trading markets.

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

 

YouHodler is unquestionably a leading gamer in this space– not least because it offers a top-rate loan-to-value ratio of as much as 90%. Outpacing its competitors, YouHodler accepts 15 different digital coins as security.

Users can receive both instant 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 rates of interest as low as 2.5%.

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

 

YouHodler provides you a few alternatives to select how you wish to back your loan. You can obtain a loan amount in fiat or Bitcoin– and you utilize several altcoins as collateral.

The preliminary application procedure works as follows:

Make a demand utilizing your crypto properties as collateral
Instantly get an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you repay the loan, you will immediately get the collateral 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 score checks or take some time to think about whether you are qualified for a loan. On the contrary, if you have enough security and a confirmed account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has various packages for loans that include predefined terms.

    There are three choices for loan periods:.

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

    Your rates of interest is not determined by the quantity of security that you installed. Rather, it depends on the type of plan you pick.

    YouHodler provides the exact same interest rate for all its users. As the community grows, the company hopes that its rate of interest will likewise 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 many ways to keep your funds safe..
    Solid Insurance. Crypto possessions are insured for up to $150 million.
    Stablecoin Interest. YouHodler uses a few of the best rates of interest for stablecoins.
    Distinct Features. You’ll discover cool items such as the Multi HODL and the Turbocharge, which you won’t 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 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 rivals.
    Currencies to Borrow. Depending on the currencies you utilize as collateral, you can just receive loans in USD, EUR, GBP, and BTC..
    Year founded: 2018.
    Head office: 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 readily available for loaning: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REP, and 15 other popular coins with the list growing.
    Kind of service: Direct loaning.

    Cryptocurrencies are volatile creatures. To make a profit, you need to be proficient at trading them or simply hold and hope your crypto gains in value. Since of volatility, neither technique is especially easy to do.

    If you might just deposit your crypto somewhere and earn interest on it, what. This way, if the rate boosts by a percentage 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 market for a crypto-backed loan, Youhodler can handle that likewise considering that it lends out its crypto on deposits. Let’s see how it works.

    YouHodler is a cryptocurrency exchange that specializes in crypto loaning and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler Bitcoin Points

    The company’s CEO is Ilya Volkov. YouHodler is an official Blockchain Association member of the Financial Commission. YouHodler is not readily available in the United States along with in about a dozen other countries.