Looking for Youhodler Can’t Login…YouHodler is a Swiss-based company that works as a crypto-backed loan company. Among its primary concepts is that you can still HODL, without needing to await a spike to sell.
It permits users to borrow 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 likewise engage with stablecoins.
The most beneficial function would be the option to withdraw fiat to an individual savings account or individual charge card. Users can likewise hold their cryptocurrency in a YouHodler savings account.
It wouldn’t be far-fetched to think about YouHodler as a bank for your cryptocurrency. It is effective and quick, enabling users to move their crypto possessions with ease.
The platform concentrates on providing a well-rounded experience for its users. You will find whatever that a crypto owner or a financier would potentially require. Simply put, YouHodler provides a variety of services that lets you harness your digital assets.
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 investment purposes in your wallet. The business provides dedicated wallet styles for Bitcoin and over 14 other popular cryptocurrencies.
Is YouHodler legitimate? Youhodler Can’t Login
Possibly the most notable function at YouHodler is its capability to provide you loans. A financier might think about these financing opportunities as a means of hedging. Crucially, it provides you access to a flexible path 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 gets rid of a big part of the threat that accompanies investment options.
YouHodler is certainly a leading gamer 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 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 could get your interest rate as low as 2.5%.
Now let’s break down the loan process that YouHodler has in place.
YouHodler provides you a few choices to pick how you want to back your loan. You can make an application for a loan quantity in fiat or Bitcoin– and you utilize numerous altcoins as security.
The preliminary application procedure works as follows:
Make a request utilizing your crypto possessions as security
Quickly receive an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
As soon as you pay back the loan, you will right away get the security back, despite whether its value has increased.
As you can see from the above, the procedure is as seamless as it could be. The business does not carry out any credit score checks or take some time to consider whether you are qualified for a loan. On the contrary, if you have sufficient collateral and a confirmed 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:.
Thirty days– 90% LTV.
60 days– 70% LTV.
180 days– 50% LTV.
Your rates of interest is not figured out by the quantity of collateral that you set up. Rather, it depends on the type of strategy you select.
YouHodler provides the same rates of interest for all its users. As the neighborhood grows, the supplier hopes that its rates of interest will likewise drop appropriately. YouHodler likewise has an affiliate program to encourage its users to invite others to sign up with the platform to assist accelerate this objective.
Pros of YouHodler:.
Strong Security. YouHodler put in place lots of ways to keep your funds safe..
Strong Insurance coverage. Crypto possessions are insured for as much as $150 million.
Stablecoin Interest. YouHodler uses a few of the best rates of interest for stablecoins.
Special Features. You’ll find 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 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 quite 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 founded: 2018.
Headquarters: 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 available for borrowing: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REPRESENTATIVE, and 15 other popular coins with the list growing.
Kind of service: Direct lending.
Cryptocurrencies are volatile creatures. To make a profit, you have to be good at trading them or simply hold and hope your crypto gains in value. Since of volatility, neither approach is especially simple to do.
If you might simply deposit your crypto someplace and earn interest on it, what. In this manner, if the price increases by a percentage or not at all, you can still make a profit. That’s what YouHodler does. It pays high interest on cost savings. If you’re in the marketplace for a crypto-backed loan, Youhodler can manage that likewise considering that it loans out its crypto on deposits. 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 Can’t Login
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 lots other countries.