Find Youhodler Crypto Banking Account – Cryptocurrency

Looking for Youhodler Crypto Banking Account…YouHodler is a Swiss-based business that serves as a crypto-backed loan service provider. One of 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 possession holdings. Apart from that, one can transform crypto to crypto, crypto to fiat, and likewise engage with stablecoins.

The most helpful feature would be the choice to withdraw fiat to an individual savings account or individual charge card. Users can likewise hold their cryptocurrency in a YouHodler savings account.

It would not be far-fetched to think about YouHodler as a bank for your cryptocurrency. It is effective and quick, allowing users to transfer their crypto possessions with ease.

The platform concentrates on delivering a well-rounded experience for its users. You will find whatever that a crypto owner or a financier would potentially need. In other words, YouHodler offers a range of services that lets you harness your digital possessions.

YouHodler Wallet

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

Is YouHodler legitimate? Youhodler Crypto Banking Account

Possibly the most noteworthy function at YouHodler is its capability to provide you loans. An investor could think about these funding opportunities as a means of hedging. Crucially, it gives you access to a flexible course 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 risk that accompanies financial investment options.

 

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

Users can receive both immediate 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 fairly reasonably at 12% APR. If you are taking out a short-term loan, you might get your rate of interest as low as 2.5%.

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

 

YouHodler provides you a couple of options to select how you want to back your loan. You can get a loan amount in fiat or Bitcoin– and you utilize numerous altcoins as collateral.

The initial application process works as follows:

Make a demand utilizing your crypto possessions as security
Instantly receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you pay back the loan, you will immediately get the collateral back, no matter whether its value has actually increased.

As you can see from the above, the procedure is as seamless as it could be. The company does not perform any credit rating checks or take some time to consider whether you are qualified for a loan. On the contrary, if you have sufficient collateral and a validated account, you are excellent to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has various packages for loans that feature predefined terms.

    There are 3 choices for loan durations:.

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

    Your interest rate is not identified by the amount of collateral that you installed. Instead, it depends on the kind of plan you select.

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

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place numerous ways to keep your funds safe..
    Strong Insurance. Crypto properties are insured for approximately $150 million.
    Stablecoin Interest. YouHodler uses some of the very best interest rates for stablecoins.
    Special Features. You’ll discover cool items such as the Multi HODL and the Turbocharge, which you won’t discover anywhere else.
    Flexible 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 quite recent compared to its competitors.
    Currencies to Obtain. Depending on 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 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, ASSOCIATE, and 15 other popular coins with the list growing.
    Kind of service: Direct financing.

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

    What if you might simply transfer your crypto somewhere and earn 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 since it loans out its crypto on deposits.

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

    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 lots other nations.