Find Youhodler Paxg – Cryptocurrency

Looking for Youhodler Paxg…YouHodler is a Swiss-based company that serves as a crypto-backed loan service provider. One of its main concepts is that you can still HODL, without having to await a spike to offer.

It allows users to obtain fiat funds immediately, based on 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 bank 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 quick and efficient, allowing users to move their crypto assets with ease.

The platform focuses on delivering a well-rounded experience for its users. You will find everything that a crypto owner or an investor would potentially need. To put it simply, YouHodler offers a variety of services that lets you harness your digital properties.

YouHodler Wallet

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

Is YouHodler legitimate? Youhodler Paxg

Maybe the most notable function at YouHodler is its ability to use you loans. A financier could consider these financing opportunities as a means of hedging. Crucially, it gives you access to a flexible path to get in 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 removes a huge part of the risk that accompanies investment options.

 

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 approximately 90%. Surpassing its competitors, 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 interest rates on crypto loans are fairly reasonably at 12% APR. If you are taking out a short-term loan, you might get your rate of interest as low as 2.5%.

Now let’s break down the loan procedure that YouHodler has in place.

 

YouHodler gives you a couple of choices to select how you want to back your loan. You can obtain a loan amount in fiat or Bitcoin– and you utilize several altcoins as security.

The preliminary application procedure works as follows:

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

As you can see from the above, the procedure is as seamless as it could be. The business does not carry out any credit history checks or require time to consider whether you are eligible for a loan. On the contrary, if you have adequate collateral and a validated account, you are good to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has different packages for loans that include predefined terms.

    There are 3 choices for loan periods:.

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

    Your rates of interest is not figured out by the amount of collateral that you set up. Instead, it depends upon the kind of plan you select.

    YouHodler offers 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 likewise has an affiliate program to motivate its users to invite others to join the platform to assist accelerate this objective.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place many ways to keep your funds safe..
    Solid Insurance coverage. Crypto assets are insured for approximately $150 million.
    Stablecoin Interest. YouHodler provides a few of the best rate of interest for stablecoins.
    Distinct Features. You’ll discover cool items such as the Multi HODL and the Turbocharge, which you will not discover anywhere else.
    Versatile Terms. You can increase the duration of your loans at any time.
    High LTV. The top 20 coins can be used as security with 90% loan-to-value.

    Is CoinLoan safe?

     

    Cons of YouHodler:.
    Seniority. YouHodler was founded in 2018, which is quite recent compared to its competitors.
    Currencies to Borrow. Depending upon the currencies you utilize as collateral, you can only receive loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Headquarters: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies offered to earn interest: Fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG).
    Currencies offered for loaning: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REP, and 15 other popular coins with the list growing.
    Kind of service: Direct financing.

    Cryptocurrencies are unpredictable creatures. To make a profit, you need to be good at trading them or just hold and hope your crypto gains in value. Neither technique is especially easy to do because of volatility.

    What if you could just transfer your crypto someplace and earn interest on it. It pays high interest on cost savings. If you’re in the market for a crypto-backed loan, Youhodler can handle that also given that it loans out its crypto on deposits.

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

    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.