Find Youhodler Scam – Cryptocurrency

Looking for Youhodler Scam…YouHodler is a Swiss-based business that works as a crypto-backed loan company. One of its main principles is that you can still HODL, without having to wait for a spike to sell.

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 likewise engage with stablecoins.

The most helpful feature would be the choice to withdraw fiat to an individual savings account or individual credit card. Users can also 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 quick and efficient, allowing users to transfer their crypto possessions with ease.

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

YouHodler Wallet

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

Is YouHodler legitimate? Youhodler Scam

Perhaps the most noteworthy function at YouHodler is its ability to offer you loans. An investor might consider these financing chances as a means of hedging. Crucially, it gives you access to a flexible path to go into 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 removes a huge part of the threat that accompanies financial investment choices.

 

YouHodler is certainly a leading player in this area– not least because it uses a top-rate loan-to-value ratio of approximately 90%. Outpacing its rivals, YouHodler accepts 15 various digital coins as collateral.

Users can receive both instantaneous 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 relatively 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 offers you a couple of options to select how you wish to back your loan. You can look for a loan quantity in fiat or Bitcoin– and you use numerous altcoins as collateral.

The initial application process works as follows:

Make a request utilizing your crypto properties as collateral
Quickly get an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you pay back 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 business does not perform any credit report 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 validated account, you are good to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has different plans for loans that feature predefined terms.

    There are three alternatives for loan periods:.

    Thirty days– 90% LTV.
    60 days– 70% LTV.
    180 days– 50% LTV.

    Your rate of interest is not figured out by the amount of collateral that you installed. Rather, it depends upon the type of strategy you pick.

    YouHodler uses the exact same rates of interest for all its users. As the community grows, the supplier hopes that its rate of interest will likewise drop appropriately. YouHodler also has an affiliate program to encourage its users to welcome others to join the platform to help accelerate this goal.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place numerous methods to keep your funds safe..
    Strong Insurance. Crypto assets are guaranteed for up to $150 million.
    Stablecoin Interest. YouHodler uses a few of the very 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 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 competitors.
    Currencies to Borrow. Depending upon the currencies you utilize as security, you can just receive loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Head office: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies available 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 lending.

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

    What if you might just deposit your crypto someplace and make interest on it. In this manner, if the price increases by a percentage or not at all, you can still make a profit. That’s what YouHodler does. It pays high interest on cost savings. Youhodler can manage that also since 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 focuses on crypto loaning and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler Scam

    The business’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 in addition to in about a lots other nations.