Find Youhodler Site Down – Cryptocurrency

Looking for Youhodler Site Down…YouHodler is a Swiss-based business that acts as a crypto-backed loan provider. One of its main principles is that you can still HODL, without needing to wait for a spike to offer.

It enables users to obtain fiat funds quickly, based upon the worth of their cryptocurrency possession holdings. Apart from that, one can transform crypto to crypto, crypto to fiat, and also engage with stablecoins.

The most useful function would be the choice to withdraw fiat to a personal bank account or individual credit 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 efficient and quick, enabling users to transfer their crypto possessions with ease.

The platform concentrates on providing a well-rounded experience for its users. You will find everything that a crypto owner or a financier would perhaps require. In other words, YouHodler offers a variety of services that lets you harness your digital possessions.

YouHodler Wallet

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

Is YouHodler legitimate? Youhodler Site Down

Perhaps the most significant feature at YouHodler is its ability to use you loans. An investor could consider these funding opportunities as a means of hedging. Most importantly, it gives you access to a versatile course to enter 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 eliminates a huge part of the threat that accompanies investment options.

 

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

Users can get both immediate money 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 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 provides you a couple of options to pick how you want to back your loan. You can get a loan amount in fiat or Bitcoin– and you use several altcoins as security.

The preliminary application procedure works as follows:

Make a request using your crypto properties as security
Immediately get an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you repay the loan, you will instantly get the collateral back, no matter whether its worth has 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 history checks or require time to think about whether you are eligible for a loan. On the contrary, if you have enough security and a confirmed account, you are good to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has different packages for loans that feature predefined terms.

    There are 3 options for loan durations:.

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

    Your rate of interest is not identified by the amount of security that you set up. Rather, it depends on the type of plan you select.

    YouHodler offers the exact same rate of interest for all its users. As the community grows, the company hopes that its rates of interest will also drop accordingly. YouHodler likewise has an affiliate program to motivate its users to welcome others to sign up with the platform to help accelerate this goal.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place lots of methods to keep your funds safe..
    Strong Insurance. Crypto properties are insured for up to $150 million.
    Stablecoin Interest. YouHodler provides some of the very best interest rates for stablecoins.
    Special Features. You’ll discover cool items such as the Multi HODL and the Turbocharge, which you won’t discover anywhere else.
    Flexible Terms. You can increase the duration 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 rather recent compared to its rivals.
    Currencies to Obtain. Depending upon the currencies you utilize as collateral, you can just receive loans in USD, EUR, GBP, and BTC..
    Year founded: 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 offered for borrowing: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REP, and 15 other popular coins with the list growing.
    Type of service: Direct loaning.

    Cryptocurrencies are volatile creatures. To earn a profit, you have to be good at trading them or just 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 earn interest on it. By doing this, if the cost increases by a percentage or not at all, you can still earn a profit. That’s what YouHodler does. It pays high interest on savings. If you’re in the market for a crypto-backed loan, Youhodler can manage that also since it lends out its crypto on deposits. Let’s see how it works.

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

    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 countries.