Find Youhodler Crypto Telegram – Cryptocurrency

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

It allows users to borrow fiat funds immediately, based on the value of their cryptocurrency property holdings. Apart from that, one can convert 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 checking account or personal charge card. Users can also hold their cryptocurrency in a YouHodler savings account.

It wouldn’t be improbable to consider YouHodler as a bank for your cryptocurrency. It is effective and fast, allowing users to move their crypto properties with ease.

The platform focuses on providing a well-rounded experience for its users. You will discover everything that a crypto owner or an investor would perhaps require. In other words, YouHodler uses a variety of services that lets you harness your digital possessions.

YouHodler Wallet

YouHodler’s wallet is designed with simplicity and efficiency in mind. You can move your cryptocurrency, transform it to fiat, and hold the funds for investment functions in your wallet. The business uses dedicated wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Youhodler Crypto Telegram

Perhaps the most significant feature at YouHodler is its capability to provide you loans. A financier could think about these funding opportunities as a means of hedging. Crucially, it gives you access to a flexible course to enter the cryptocurrency trading markets.

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

 

YouHodler is unquestionably a leading player in this space– not least due to the fact that it provides a top-rate loan-to-value ratio of as much as 90%. Exceeding its competitors, YouHodler accepts 15 various digital coins as collateral.

Users can get both instantaneous 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 relatively 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 offers you a couple of options to choose how you wish to back your loan. You can look for a loan quantity in fiat or Bitcoin– and you utilize numerous altcoins as security.

The initial application procedure works as follows:

Make a request utilizing your crypto properties as security
Immediately receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
As soon as you pay back the loan, you will right away get the security back, regardless of whether its value has 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 rating checks or require time to think about whether you are eligible for a loan. On the contrary, if you have adequate collateral and a verified account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has various packages for loans that come with predefined terms.

    There are 3 choices for loan durations:.

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

    Your interest rate is not determined by the quantity of security that you set up. Instead, it depends upon the type of strategy you select.

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

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place many methods to keep your funds safe..
    Strong Insurance coverage. Crypto properties are insured for up to $150 million.
    Stablecoin Interest. YouHodler uses some of the best rate of interest for stablecoins.
    Special Functions. You’ll find cool items such as the Multi HODL and the Turbocharge, which you will not discover anywhere else.
    Versatile Terms. You can increase the period of your loans at any time.
    High LTV. The top 20 coins can be utilized as security 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 Borrow. Depending on the currencies you use as collateral, you can just get loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Headquarters: 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, REPRESENTATIVE, and 15 other popular coins with the list growing.
    Kind of service: Direct financing.

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

    If you could just transfer your crypto someplace and make interest on it, what. This way, if the rate boosts 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. Youhodler can deal with that also because it lends out its crypto on deposits if you’re in the market for a crypto-backed loan. Let’s see how it works.

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

    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 dozen other countries.