Find Youhodler Credit Card Waitlist Reddit – Cryptocurrency

Looking for Youhodler Credit Card Waitlist Reddit…YouHodler is a Swiss-based business that acts as a crypto-backed loan service provider. One of its main ideas is that you can still HODL, without having to wait for a spike to offer.

It enables users to obtain fiat funds immediately, based upon the value of their cryptocurrency asset holdings. Apart from that, one can convert crypto to crypto, crypto to fiat, and likewise engage with stablecoins.

The most useful function would be the alternative to withdraw fiat to an individual savings account or personal 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 efficient and quick, allowing users to transfer their crypto assets with ease.

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

YouHodler Wallet

YouHodler’s wallet is created with simpleness and performance in mind. You can move your cryptocurrency, transform it to fiat, and hold the funds for investment functions in your wallet. The company offers devoted wallet styles for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Youhodler Credit Card Waitlist Reddit

Perhaps the most significant feature at YouHodler is its ability to use you loans. An investor could consider these funding opportunities as a means of hedging. Most importantly, it provides you access to a versatile course to go into the cryptocurrency trading markets.

With a crypto-backed credit line, 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 due to the fact that it provides a top-rate loan-to-value ratio of as much as 90%. Outmatching its competitors, YouHodler accepts 15 various digital coins as security.

Users can receive both instant 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 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 choose how you wish to back your loan. You can look for a loan quantity in fiat or Bitcoin– and you utilize several altcoins as collateral.

The preliminary application process works as follows:

Make a demand utilizing your crypto assets as security
Immediately receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once 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 perform any credit report checks or take some time to think about whether you are eligible for a loan. On the contrary, if you have adequate security and a validated account, you are excellent to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has different packages for loans that feature predefined terms.

    There are 3 options for loan durations:.

    30 days– 90% LTV.
    60 days– 70% LTV.
    180 days– 50% LTV.

    Your rates of interest is not identified by the quantity of security that you put up. Rather, it depends on the type of strategy you choose.

    YouHodler provides the exact same interest rate for all its users. As the community grows, the provider hopes that its rates of interest will likewise drop appropriately. YouHodler also has an affiliate program to motivate its users to welcome others to sign up with the platform to assist accelerate this objective.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place many ways to keep your funds safe..
    Strong Insurance. Crypto possessions are guaranteed for up to $150 million.
    Stablecoin Interest. YouHodler provides a few of the best rate of interest for stablecoins.
    Unique 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 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 quite current compared to its rivals.
    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.
    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 offered for borrowing: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REPRESENTATIVE, and 15 other popular coins with the list growing.
    Type of service: Direct financing.

    Cryptocurrencies are unstable animals. To make a profit, you have to be proficient at trading them or simply hold and hope your crypto gains in value. Neither approach is particularly easy to do because of volatility.

    What if you could simply deposit your crypto someplace and earn interest on it. In this manner, if the rate 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. If you’re in the market for a crypto-backed loan, Youhodler can manage that also considering that it lends out its crypto on deposits. Let’s see how it works.

    YouHodler is a cryptocurrency exchange that focuses on crypto loaning and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler Credit Card Waitlist Reddit

    The company’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 dozen other nations.