Find Youhodler Eatafa – Cryptocurrency

Looking for Youhodler Eatafa…YouHodler is a Swiss-based company that acts as a crypto-backed loan provider. Among its main principles is that you can still HODL, without having to wait on a spike to offer.

It permits users to borrow fiat funds quickly, based on the value 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 function 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 improbable to consider YouHodler as a bank for your cryptocurrency. It is fast and effective, enabling users to move their crypto assets with ease.

The platform concentrates on providing a well-rounded experience for its users. You will find whatever that a crypto owner or an investor would potentially require. Simply put, YouHodler offers a variety of services that lets you harness your digital properties.

YouHodler Wallet

YouHodler’s wallet is created with simplicity and efficiency in mind. You can transfer your cryptocurrency, transform it to fiat, and hold the funds for financial investment purposes in your wallet. The company offers dedicated wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Youhodler Eatafa

Maybe the most notable function at YouHodler is its ability to provide you loans. A financier might think about these funding chances as a means of hedging. Crucially, it gives you access to a versatile path to enter 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 big part of the risk that accompanies investment options.

 

YouHodler is undoubtedly a leading player in this area– not least since it provides a top-rate loan-to-value ratio of up to 90%. Outmatching its competitors, YouHodler accepts 15 different digital coins as collateral.

Users can receive both immediate cash loans and crypto loans in USD, EURO, GBP, CHF, and even in Bitcoin( BTC) and Tether( USDT). The interest rates 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 procedure that YouHodler has in place.

 

YouHodler gives you a few options to select how you wish to back your loan. You can get a loan quantity in fiat or Bitcoin– and you use several altcoins as security.

The preliminary application procedure works as follows:

Make a request using your crypto assets as collateral
Quickly receive an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
As soon as you repay the loan, you will instantly get the security back, despite whether its worth has actually increased.

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

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

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

    There are 3 options for loan periods:.

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

    Your rates of interest is not determined by the amount of security that you put up. Rather, it depends upon the kind of strategy you select.

    YouHodler provides the very same rates of interest for all its users. As the neighborhood grows, the provider hopes that its interest rates will also drop appropriately. YouHodler also has an affiliate program to motivate its users to welcome others to join the platform to help accelerate this objective.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place lots of ways to keep your funds safe..
    Solid Insurance. Crypto possessions are guaranteed for approximately $150 million.
    Stablecoin Interest. YouHodler uses a few of the best interest rates for stablecoins.
    Special Functions. You’ll discover cool products such as the Multi HODL and the Turbocharge, which you will not find 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 quite recent compared to its rivals.
    Currencies to Obtain. Depending upon the currencies you use as collateral, you can just receive loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Headquarters: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies offered to make 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.
    Type of service: Direct financing.

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

    What if you could simply transfer your crypto somewhere and earn interest on it. By doing this, if the cost boosts by a percentage or not at all, you can still earn 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 manage that also given that it loans out its crypto on deposits. Let’s see how it works.

    YouHodler is a cryptocurrency exchange that specializes in crypto loaning and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler Eatafa

    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 as well as in about a dozen other countries.