Find Youhodler Switzerland – Cryptocurrency

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

It enables users to borrow fiat funds immediately, based on the value of their cryptocurrency asset holdings. Apart from that, one can convert crypto to crypto, crypto to fiat, and also engage with stablecoins.

The most beneficial function would be the option to withdraw fiat to an individual checking account or individual charge card. Users can likewise hold their cryptocurrency in a YouHodler savings account.

It wouldn’t be far-fetched to consider YouHodler as a bank for your cryptocurrency. It is efficient and fast, allowing users to move their crypto possessions with ease.

The platform focuses on delivering a well-rounded experience for its users. You will discover whatever that a crypto owner or a financier would potentially require. Simply put, YouHodler provides a range of services that lets you harness your digital properties.

YouHodler Wallet

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

Is YouHodler legitimate? Youhodler Switzerland

Perhaps the most significant feature at YouHodler is its capability to provide you loans. An investor might think about these financing opportunities as a means of hedging. Most importantly, it offers 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 gets rid of a big part of the risk that accompanies investment choices.

 

YouHodler is undoubtedly a leading gamer in this space– not least because it provides a top-rate loan-to-value ratio of approximately 90%. Surpassing its competitors, YouHodler accepts 15 different digital coins as collateral.

Users can get both instant 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 relatively 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 place.

 

YouHodler provides you a couple of choices to choose how you wish to back your loan. You can get a loan amount in fiat or Bitcoin– and you utilize several altcoins as collateral.

The preliminary application procedure works as follows:

Make a request utilizing your crypto assets as security
Quickly get an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you pay back the loan, you will right away get the collateral back, no matter whether its worth 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 report checks or take time to consider whether you are qualified for a loan. On the contrary, if you have adequate security and a verified account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has various plans for loans that include predefined terms.

    There are 3 options for loan durations:.

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

    Your rate of interest is not figured out by the amount of security that you put up. Rather, it depends upon the kind of plan you pick.

    YouHodler provides the exact same rate of interest for all its users. As the community grows, the service provider hopes that its interest rates will also drop accordingly. YouHodler also has an affiliate program to encourage its users to welcome others to join the platform to assist accelerate this goal.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place numerous ways to keep your funds safe..
    Strong Insurance. Crypto possessions are guaranteed for up to $150 million.
    Stablecoin Interest. YouHodler provides a few of the best rate of interest for stablecoins.
    Unique Functions. You’ll find cool products 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 recent compared to its rivals.
    Currencies to Borrow. Depending upon the currencies you use as security, you can only get loans in USD, EUR, GBP, and BTC..
    Year founded: 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 available for borrowing: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, ASSOCIATE, and 15 other popular coins with the list growing.
    Kind of service: Direct financing.

    Cryptocurrencies are unstable animals. To earn a profit, you need 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.

    If you might just deposit your crypto somewhere and make interest on it, what. In this manner, if the price boosts by a small amount or not at all, you can still make a profit. That’s what YouHodler does. It pays high interest on cost savings. If you remain in the market for a crypto-backed loan, Youhodler can manage that likewise since it lends out its crypto on deposits. Let’s see how it works.

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

    The business’s CEO is Ilya Volkov. YouHodler is an official Blockchain Association member of the Financial Commission. YouHodler is not readily available in the United States as well as in about a lots other nations.