Find Youhodler.Com Uk – Cryptocurrency

Looking for Youhodler.Com Uk…YouHodler is a Swiss-based business that acts as a crypto-backed loan service provider. Among its main principles is that you can still HODL, without having to wait for a spike to sell.

It allows 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 also engage with stablecoins.

The most useful function would be the option to withdraw fiat to an individual bank account or individual credit 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, permitting users to move their crypto assets 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 possibly require. To put it simply, YouHodler uses a range of services that lets you harness your digital properties.

YouHodler Wallet

YouHodler’s wallet is developed with simplicity and efficiency in mind. You can move your cryptocurrency, convert it to fiat, and hold the funds for financial investment purposes in your wallet. The business offers devoted wallet styles for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Youhodler.Com Uk

Maybe the most significant function at YouHodler is its ability to use you loans. A financier could consider these funding opportunities as a means of hedging. Crucially, it offers you access to a flexible path to get in 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 gets rid of a big part of the danger that accompanies financial investment options.

 

YouHodler is certainly a leading player in this space– not least because it provides a top-rate loan-to-value ratio of approximately 90%. Outmatching its rivals, YouHodler accepts 15 different digital coins as collateral.

Users can receive 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 could get your rates of interest as low as 2.5%.

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

 

YouHodler gives you a couple of choices to choose how you wish to back your loan. You can look for a loan quantity in fiat or Bitcoin– and you use numerous altcoins as collateral.

The preliminary application procedure works as follows:

Make a demand using your crypto properties as security
Immediately receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
As soon as you repay the loan, you will immediately get the security back, regardless of whether its value has increased.

As you can see from the above, the procedure is as smooth as it could be. The business does not perform any credit report checks or require time to consider whether you are eligible for a loan. On the contrary, if you have sufficient collateral and a validated account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has various plans for loans that feature predefined terms.

    There are 3 alternatives for loan periods:.

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

    Your rate of interest is not figured out by the amount of security that you set up. Rather, it depends upon the type of plan you select.

    YouHodler provides the exact same rates of interest for all its users. As the community grows, the service provider hopes that its rates of interest will likewise drop appropriately. YouHodler also has an affiliate program to encourage its users to invite others to join the platform to assist accelerate this goal.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place lots of ways to keep your funds safe..
    Solid Insurance coverage. Crypto assets are guaranteed for up to $150 million.
    Stablecoin Interest. YouHodler uses a few of the best rate of interest for stablecoins.
    Distinct 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 duration 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 recent compared to its competitors.
    Currencies to Obtain. Depending upon the currencies you use 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 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 loaning.

    Cryptocurrencies are unstable creatures. To earn a profit, you have to be good at trading them or simply hold and hope your crypto gains in worth. Due to the fact that of volatility, neither method is especially simple to do.

    What if you could just transfer your crypto somewhere and make interest on it. In this manner, 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. If you’re in the marketplace for a crypto-backed loan, Youhodler can manage that also given that it loans out its crypto on deposits. Let’s see how it works.

    YouHodler is a cryptocurrency exchange that concentrates on crypto financing and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler.Com Uk

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