Find Youhodler Deposit Methods – Cryptocurrency

Looking for Youhodler Deposit Methods…YouHodler is a Swiss-based company that functions as a crypto-backed loan provider. One of its main principles is that you can still HODL, without needing to wait on a spike to offer.

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

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

It would not be improbable 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 focuses on delivering a well-rounded experience for its users. You will find whatever that a crypto owner or an investor would potentially need. To put it simply, YouHodler uses a variety of services that lets you harness your digital assets.

YouHodler Wallet

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

Is YouHodler legitimate? Youhodler Deposit Methods

Possibly the most notable feature at YouHodler is its capability to provide you loans. A financier could think about these funding chances as a means of hedging. Crucially, it offers you access to a flexible path 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 gets rid of a huge part of the danger that accompanies financial investment choices.

 

YouHodler is unquestionably a leading player in this space– not least because it uses a top-rate loan-to-value ratio of as much as 90%. Exceeding its rivals, 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 rate of interest on crypto loans are fairly reasonably at 12% APR. If you are taking out a short-term loan, you could 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 few options to pick how you want to back your loan. You can request a loan amount in fiat or Bitcoin– and you use several altcoins as collateral.

The preliminary application process works as follows:

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

As you can see from the above, the process is as smooth as it could be. The company does not carry out any credit score checks or take some time to think about whether you are qualified for a loan. On the contrary, if you have adequate collateral and a confirmed account, you are excellent to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has different packages for loans that include predefined terms.

    There are 3 alternatives for loan durations:.

    Thirty days– 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. Instead, it depends on the type of strategy you choose.

    YouHodler offers the same rates of interest for all its users. As the neighborhood grows, the provider hopes that its interest rates will also drop accordingly. YouHodler also has an affiliate program to motivate its users to invite others to join the platform to assist accelerate this goal.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place lots of methods to keep your funds safe..
    Strong Insurance. Crypto possessions are guaranteed for approximately $150 million.
    Stablecoin Interest. YouHodler uses some of the best interest rates for stablecoins.
    Unique Functions. You’ll discover cool products such as the Multi HODL and the Turbocharge, which you will not discover anywhere else.
    Flexible 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 rather current compared to its competitors.
    Currencies to Obtain. Depending on the currencies you utilize as collateral, you can just receive loans in USD, EUR, GBP, and BTC..
    Year founded: 2018.
    Headquarters: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies readily available to earn interest: Fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG).
    Currencies readily available for loaning: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, ASSOCIATE, and 15 other popular coins with the list growing.
    Kind of service: Direct lending.

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

    What if you might simply transfer 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 manage that also given that it lends out its crypto on deposits.

    YouHodler is a cryptocurrency exchange that concentrates on crypto loaning and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler Deposit Methods

    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 along with in about a dozen other nations.