Find Youhodler Scams – Cryptocurrency

Looking for Youhodler Scams…YouHodler is a Swiss-based company that serves as a crypto-backed loan service provider. One of its primary ideas is that you can still HODL, without needing to wait on a spike to offer.

It allows users to obtain fiat funds instantly, based upon the worth of their cryptocurrency property holdings. Apart from that, one can convert crypto to crypto, crypto to fiat, and likewise engage with stablecoins.

The most beneficial feature would be the choice to withdraw fiat to a personal checking account or personal 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 effective and fast, allowing users to transfer their crypto properties with ease.

The platform concentrates on delivering a well-rounded experience for its users. You will discover everything that a crypto owner or an investor would possibly require. Simply put, YouHodler offers a variety of services that lets you harness your digital assets.

YouHodler Wallet

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

Is YouHodler legitimate? Youhodler Scams

Perhaps the most notable feature at YouHodler is its ability to offer you loans. An investor might consider these funding opportunities as a means of hedging. Crucially, it provides 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 need it without touching your crypto portfolio at all. It eliminates a big part of the risk that accompanies investment options.

 

YouHodler is unquestionably a leading player in this area– not least due to the fact that it offers a top-rate loan-to-value ratio of approximately 90%. Outmatching its competitors, YouHodler accepts 15 various digital coins as security.

Users can get both instantaneous cash loans and crypto loans in USD, EURO, GBP, CHF, and even in Bitcoin( BTC) and Tether( USDT). The rates 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 process that YouHodler has in location.

 

YouHodler provides you a few choices to pick how you wish to back your loan. You can make an application for a loan amount in fiat or Bitcoin– and you utilize multiple altcoins as security.

The preliminary application process works as follows:

Make a request using your crypto possessions as security
Instantly receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you pay back the loan, you will right away get the collateral back, regardless of whether its value has increased.

As you can see from the above, the procedure is as seamless as it could be. The company does not perform any credit rating checks or take time to consider whether you are eligible for a loan. On the contrary, if you have enough security and a validated account, you are good to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has various plans for loans that come with 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 identified by the quantity of security that you installed. Rather, it depends on the type of strategy you pick.

    YouHodler offers the same rates of interest for all its users. As the community grows, the company hopes that its interest rates will likewise drop accordingly. YouHodler likewise has an affiliate program to encourage its users to welcome others to join the platform to assist accelerate this objective.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place many methods to keep your funds safe..
    Strong Insurance coverage. Crypto possessions are insured for as much as $150 million.
    Stablecoin Interest. YouHodler offers a few of the very best rates of interest for stablecoins.
    Unique Functions. You’ll find cool products such as the Multi HODL and the Turbocharge, which you will not find anywhere else.
    Versatile Terms. You can increase the period of your loans at any time.
    High LTV. The leading 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 quite current compared to its competitors.
    Currencies to Borrow. Depending upon the currencies you use as security, you can only get loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Headquarters: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies readily available to make interest: Fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG).
    Currencies offered for borrowing: 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 need to be proficient at trading them or simply hold and hope your crypto gains in worth. Neither method is especially easy to do because of volatility.

    What if you could simply 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 manage that likewise because it loans out its crypto on deposits.

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

    The company’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 countries.