Find Youhodler Coinmarketcap – Cryptocurrency

Looking for Youhodler Coinmarketcap…YouHodler is a Swiss-based business that works as a crypto-backed loan provider. One of its main principles is that you can still HODL, without needing to wait on a spike to offer.

It enables users to borrow fiat funds immediately, based upon 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 helpful function would be the option to withdraw fiat to a personal savings account or individual charge card. Users can also 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 efficient and quick, enabling users to move their crypto possessions with ease.

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

YouHodler Wallet

YouHodler’s wallet is designed with simpleness and performance in mind. You can transfer your cryptocurrency, convert it to fiat, and hold the funds for investment purposes in your wallet. The business offers devoted wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Youhodler Coinmarketcap

Possibly the most significant function at YouHodler is its ability to offer you loans. An investor might think about these funding chances as a means of hedging. Most importantly, it offers you access to a flexible course to enter 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 removes a big part of the risk that accompanies investment options.

 

YouHodler is undoubtedly a leading gamer in this space– not least since it provides a top-rate loan-to-value ratio of approximately 90%. Exceeding its rivals, YouHodler accepts 15 different digital coins as security.

Users can get both instantaneous cash 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 process that YouHodler has in place.

 

YouHodler gives you a few options to select how you wish to back your loan. You can look 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 utilizing your crypto properties as security
Quickly get 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, no matter whether its worth has 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 take some time to consider whether you are qualified for a loan. On the contrary, if you have sufficient security and a confirmed account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has different bundles 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 rate of interest is not determined by the amount of security that you installed. Rather, it depends upon the type of plan you pick.

    YouHodler provides the same rates of interest for all its users. As the community grows, the service provider hopes that its interest rates will also drop accordingly. YouHodler likewise 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 numerous methods to keep your funds safe..
    Strong Insurance. Crypto possessions are guaranteed for approximately $150 million.
    Stablecoin Interest. YouHodler uses a few of the very best rate of interest for stablecoins.
    Distinct Functions. You’ll find cool items such as the Multi HODL and the Turbocharge, which you won’t find anywhere else.
    Flexible Terms. You can increase the duration of your loans at any time.
    High LTV. The top 20 coins can be used 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 competitors.
    Currencies to Obtain. Depending upon the currencies you utilize as security, 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 available to earn 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 loaning.

    Cryptocurrencies are unpredictable creatures. To make a profit, you need to be good at trading them or simply hold and hope your crypto gains in worth. Neither technique is particularly easy to do because of volatility.

    What if you could just transfer your crypto someplace and make interest on it. It pays high interest on savings. If you’re in the market for a crypto-backed loan, Youhodler can deal with that likewise considering that it lends out its crypto on deposits.

    YouHodler is a cryptocurrency exchange that concentrates on crypto lending and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler Coinmarketcap

    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 along with in about a dozen other nations.