Find Youhodler Crypto Forum – Cryptocurrency

Looking for Youhodler Crypto Forum…YouHodler is a Swiss-based business that works as a crypto-backed loan company. One of its main ideas is that you can still HODL, without having to wait on a spike to sell.

It allows users to borrow fiat funds instantly, based upon the value of their cryptocurrency possession holdings. Apart from that, one can convert crypto to crypto, crypto to fiat, and likewise engage with stablecoins.

The most beneficial function would be the alternative to withdraw fiat to a personal savings account or individual credit card. Users can also 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 fast, enabling users to move their crypto possessions with ease.

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

YouHodler Wallet

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

Is YouHodler legitimate? Youhodler Crypto Forum

Maybe the most significant function at YouHodler is its capability to offer you loans. A financier might think about these funding chances as a means of hedging. Most importantly, it offers you access to a versatile 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 removes a huge part of the danger that accompanies financial investment choices.

 

YouHodler is undoubtedly a leading gamer in this area– not least due to the fact that it provides a top-rate loan-to-value ratio of up to 90%. Surpassing its rivals, YouHodler accepts 15 different digital coins as security.

Users can get 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 might 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 couple of options to select how you want 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 procedure works as follows:

Make a demand using your crypto properties as collateral
Instantly receive an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you repay the loan, you will right away get the security back, no matter whether its value has actually increased.

As you can see from the above, the process is as seamless as it could be. The business 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 security and a verified 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 three options 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 collateral that you set up. Rather, it depends upon the kind of strategy you choose.

    YouHodler provides the exact same interest rate for all its users. As the community grows, the supplier hopes that its interest rates will likewise drop accordingly. YouHodler also has an affiliate program to encourage 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 properties are insured for as much as $150 million.
    Stablecoin Interest. YouHodler provides some of the best interest rates for stablecoins.
    Distinct Functions. You’ll discover cool products 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 top 20 coins can be used as collateral with 90% loan-to-value.

    Is CoinLoan safe?

     

    Cons of YouHodler:.
    Seniority. YouHodler was founded in 2018, which is rather current compared to its rivals.
    Currencies to Borrow. Depending on the currencies you use as collateral, you can only receive loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Head office: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies available to make 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 lending.

    Cryptocurrencies are volatile animals. To make a profit, you have to be proficient at trading them or just hold and hope your crypto gains in value. Because of volatility, neither method is especially easy to do.

    What if you might simply deposit your crypto somewhere and earn interest on it. In this manner, if the cost increases by a small amount or not at all, you can still make a profit. That’s what YouHodler does. It pays high interest on cost savings. If you remain in the marketplace for a crypto-backed loan, Youhodler can handle 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 Crypto Forum

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