Find Youhodler Crypto Coin – Cryptocurrency

Looking for Youhodler Crypto Coin…YouHodler is a Swiss-based company that serves as a crypto-backed loan company. Among its main ideas is that you can still HODL, without needing to wait on a spike to offer.

It allows users to obtain fiat funds quickly, based upon the worth of their cryptocurrency property holdings. Apart from that, one can transform crypto to crypto, crypto to fiat, and also engage with stablecoins.

The most beneficial feature would be the alternative to withdraw fiat to a personal bank account or individual credit card. Users can likewise hold their cryptocurrency in a YouHodler savings account.

It wouldn’t be far-fetched to consider YouHodler as a bank for your cryptocurrency. It is effective and quick, enabling users to transfer their crypto assets with ease.

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

YouHodler Wallet

YouHodler’s wallet is developed 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 uses devoted wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Youhodler Crypto Coin

Perhaps the most noteworthy feature at YouHodler is its capability to provide you loans. A financier could consider these funding opportunities as a means of hedging. Most importantly, it offers you access to a versatile path to enter the cryptocurrency trading markets.

With a crypto-backed credit line, you can get fiat when you require it without touching your crypto portfolio at all. It removes a huge part of the risk that accompanies investment options.

 

YouHodler is unquestionably a leading gamer in this space– not least due to the fact that it offers a top-rate loan-to-value ratio of approximately 90%. Exceeding its rivals, YouHodler accepts 15 different 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 rates of interest on crypto loans are fairly 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 alternatives to pick how you wish to back your loan. You can apply for a loan quantity in fiat or Bitcoin– and you use several altcoins as collateral.

The preliminary application process works as follows:

Make a request using your crypto assets as collateral
Immediately receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you pay back the loan, you will immediately get the security back, despite whether its value has increased.

As you can see from the above, the procedure is as smooth as it could be. The company does not carry out any credit report checks or take some time to consider whether you are qualified for a loan. On the contrary, if you have sufficient collateral and a verified account, you are good to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has different plans for loans that come with predefined terms.

    There are three alternatives for loan durations:.

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

    Your rates of interest is not identified by the amount of security that you installed. Rather, it depends on the kind of plan you pick.

    YouHodler uses the exact same rates of interest for all its users. As the community grows, the provider hopes that its rate of interest will also drop accordingly. YouHodler likewise 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 many methods to keep your funds safe..
    Strong Insurance coverage. Crypto possessions are insured for approximately $150 million.
    Stablecoin Interest. YouHodler provides a few of the best rate of interest for stablecoins.
    Distinct Functions. You’ll find cool items such as the Multi HODL and the Turbocharge, which you will not 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 rather recent compared to its rivals.
    Currencies to Borrow. Depending upon the currencies you use as security, you can just receive loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Headquarters: 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, REPRESENTATIVE, and 15 other popular coins with the list growing.
    Type of service: Direct lending.

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

    What if you could simply deposit your crypto somewhere 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 also considering that it lends out its crypto on deposits.

    YouHodler is a cryptocurrency exchange that focuses on crypto loaning and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler Crypto Coin

    The business’s CEO is Ilya Volkov. YouHodler is a main Blockchain Association member of the Financial Commission. YouHodler is not available in the United States along with in about a lots other nations.