Find Youhodler Token – Cryptocurrency

Looking for Youhodler Token…YouHodler is a Swiss-based business that functions as a crypto-backed loan company. Among its main ideas is that you can still HODL, without needing to wait on a spike to sell.

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

The most helpful function would be the choice to withdraw fiat to a personal bank account or individual charge card. Users can likewise hold their cryptocurrency in a YouHodler savings account.

It would not be improbable to consider YouHodler as a bank for your cryptocurrency. It is effective and fast, enabling users to transfer their crypto properties with ease.

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

YouHodler Wallet

YouHodler’s wallet is designed with simpleness and effectiveness in mind. You can transfer 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 Token

Possibly the most notable feature at YouHodler is its capability to use you loans. An investor could consider these funding chances as a means of hedging. Most importantly, it provides you access to a flexible path to enter 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 removes a big part of the danger that accompanies financial investment choices.

 

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

Users can get both immediate 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 rate of interest as low as 2.5%.

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

 

YouHodler provides you a couple of choices to pick how you wish to back your loan. You can apply for a loan amount in fiat or Bitcoin– and you use multiple altcoins as security.

The initial application process works as follows:

Make a demand utilizing your crypto possessions as security
Quickly get an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
As soon as you repay the loan, you will immediately get the security back, regardless of whether its value has increased.

As you can see from the above, the procedure is as smooth as it could be. The business does not carry out any credit rating checks or require time to think about whether you are eligible for a loan. On the contrary, if you have sufficient security and a validated account, you are good to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has various packages for loans that feature predefined terms.

    There are three alternatives for loan durations:.

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

    Your rates of interest is not identified by the quantity of security that you installed. Instead, it depends on the kind of strategy you pick.

    YouHodler provides the very same rate of interest for all its users. As the neighborhood grows, the supplier hopes that its rates of interest will also drop appropriately. YouHodler also has an affiliate program to encourage its users to welcome others to sign up with the platform to help accelerate this objective.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place lots of ways to keep your funds safe..
    Solid Insurance. Crypto assets are guaranteed for as much as $150 million.
    Stablecoin Interest. YouHodler offers a few of the best rates of interest for stablecoins.
    Distinct Features. 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 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 quite recent compared to its rivals.
    Currencies to Obtain. Depending upon the currencies you utilize as security, you can only receive loans in USD, EUR, GBP, and BTC..
    Year founded: 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 readily available for borrowing: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REPRESENTATIVE, and 15 other popular coins with the list growing.
    Type of service: Direct loaning.

    Cryptocurrencies are unpredictable animals. To earn a profit, you need to be good at trading them or simply hold and hope your crypto gains in value. Since of volatility, neither approach is especially easy to do.

    If you might simply transfer your crypto someplace and make interest on it, what. In this manner, if the cost increases 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’re in the marketplace for a crypto-backed loan, Youhodler can deal with 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 loaning and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler Token

    The company’s CEO is Ilya Volkov. YouHodler is an official Blockchain Association member of the Financial Commission. YouHodler is not available in the United States along with in about a lots other countries.