Looking for Youhodler Kosten…YouHodler is a Swiss-based company that works as a crypto-backed loan company. Among its main concepts is that you can still HODL, without having to wait for a spike to offer.
It enables users to obtain fiat funds immediately, based upon 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 helpful function would be the option to withdraw fiat to a personal checking account or personal credit card. Users can likewise 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 efficient and quick, enabling users to transfer their crypto assets 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 possibly need. To put it simply, YouHodler provides a range of services that lets you harness your digital possessions.
YouHodler’s wallet is developed with simpleness and efficiency in mind. You can move your cryptocurrency, transform it to fiat, and hold the funds for financial investment purposes in your wallet. The business offers devoted wallet styles for Bitcoin and over 14 other popular cryptocurrencies.
Is YouHodler legitimate? Youhodler Kosten
Maybe the most significant feature at YouHodler is its ability to use you loans. An investor might consider these financing opportunities as a means of hedging. Most importantly, it gives you access to a versatile course to get in 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 gets rid of a big part of the danger that accompanies investment choices.
YouHodler is certainly a leading player in this area– not least since it offers a top-rate loan-to-value ratio of approximately 90%. Outpacing its competitors, YouHodler accepts 15 different digital coins as collateral.
Users can get both immediate cash 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 interest rate as low as 2.5%.
Now let’s break down the loan procedure that YouHodler has in location.
YouHodler provides you a few options to choose how you want to back your loan. You can look for a loan quantity in fiat or Bitcoin– and you use multiple altcoins as collateral.
The preliminary application process works as follows:
Make a demand utilizing your crypto assets as security
Quickly get an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you repay the loan, you will instantly get the collateral back, regardless of whether its value has actually increased.
As you can see from the above, the procedure is as seamless as it could be. The company 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 enough security and a verified account, you are good to go.
How do you get paid on YouHodler?
Loan Terms and Amounts.
YouHodler has various bundles for loans that come with predefined terms.
There are 3 choices for loan periods:.
1 month– 90% LTV.
60 days– 70% LTV.
180 days– 50% LTV.
Your interest rate is not determined by the amount of security that you put up. Instead, it depends upon the type of plan you choose.
YouHodler provides the very same rate of interest for all its users. As the neighborhood grows, the supplier hopes that its interest rates will also drop appropriately. YouHodler also has an affiliate program to encourage its users to invite others to join the platform to assist accelerate this goal.
Pros of YouHodler:.
Strong Security. YouHodler put in place many methods to keep your funds safe..
Solid Insurance. Crypto assets are insured for approximately $150 million.
Stablecoin Interest. YouHodler offers some of the best rates of interest for stablecoins.
Unique Features. You’ll discover cool items such as the Multi HODL and the Turbocharge, which you won’t 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 collateral 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 Obtain. Depending on the currencies you utilize as security, you can just receive loans in USD, EUR, GBP, and BTC..
Year founded: 2018.
Head office: 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, REPRESENTATIVE, and 15 other popular coins with the list growing.
Kind of service: Direct financing.
Cryptocurrencies are unstable creatures. To earn a profit, you need to be good at trading them or simply hold and hope your crypto gains in value. Neither method is particularly easy to do because of volatility.
What if you could just 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 deal with that also given that it loans out its crypto on deposits.
YouHodler is a cryptocurrency exchange that specializes in crypto lending and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler Kosten
The business’s CEO is Ilya Volkov. YouHodler is an official Blockchain Association member of the Financial Commission. YouHodler is not offered in the United States along with in about a dozen other nations.