Looking for Youhodler Zkušenosti…YouHodler is a Swiss-based company that acts as a crypto-backed loan service provider. One of its main ideas is that you can still HODL, without having to wait on a spike to sell.
It enables users to borrow fiat funds instantly, based on the worth of their cryptocurrency possession holdings. Apart from that, one can transform crypto to crypto, crypto to fiat, and likewise engage with stablecoins.
The most beneficial feature would be the option to withdraw fiat to an individual savings account or individual credit 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 fast and efficient, enabling users to move their crypto possessions with ease.
The platform focuses on providing a well-rounded experience for its users. You will find whatever that a crypto owner or an investor would possibly need. Simply put, YouHodler uses a variety of services that lets you harness your digital properties.
YouHodler’s wallet is developed with simplicity and efficiency in mind. You can transfer your cryptocurrency, convert it to fiat, and hold the funds for investment purposes in your wallet. The business uses dedicated wallet styles for Bitcoin and over 14 other popular cryptocurrencies.
Is YouHodler legitimate? Youhodler Zkušenosti
Perhaps the most noteworthy feature at YouHodler is its capability to offer you loans. An investor might think about these funding opportunities as a means of hedging. Most importantly, it offers you access to a flexible course to go into 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 huge part of the danger that accompanies investment choices.
YouHodler is certainly a leading gamer in this area– not least since it offers a top-rate loan-to-value ratio of approximately 90%. Surpassing its rivals, YouHodler accepts 15 different 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 interest rates on crypto loans are fairly reasonably at 12% APR. If you are taking out a short-term loan, you might get your interest rate as low as 2.5%.
Now let’s break down the loan procedure that YouHodler has in place.
YouHodler gives you a couple of alternatives to select how you wish to back your loan. You can look for a loan quantity in fiat or Bitcoin– and you use several altcoins as collateral.
The preliminary application process works as follows:
Make a demand utilizing your crypto properties as security
Immediately get an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you repay 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 history checks or take time to think about whether you are qualified for a loan. On the contrary, if you have adequate collateral and a verified account, you are great to go.
How do you get paid on YouHodler?
Loan Terms and Amounts.
YouHodler has different plans for loans that come with predefined terms.
There are three options for loan durations:.
30 days– 90% LTV.
60 days– 70% LTV.
180 days– 50% LTV.
Your interest rate is not identified by the amount of collateral that you installed. Instead, it depends on the type of plan you choose.
YouHodler provides the same interest rate for all its users. As the community grows, the company hopes that its interest rates will likewise drop appropriately. YouHodler also has an affiliate program to encourage its users to invite others to sign up with the platform to assist accelerate this goal.
Pros of YouHodler:.
Strong Security. YouHodler put in place numerous methods to keep your funds safe..
Strong Insurance coverage. Crypto properties are guaranteed for approximately $150 million.
Stablecoin Interest. YouHodler offers a few of the very best interest rates for stablecoins.
Distinct Features. You’ll discover cool items such as the Multi HODL and the Turbocharge, which you will not find anywhere else.
Flexible 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 rather current compared to its rivals.
Currencies to Obtain. Depending on the currencies you utilize as security, you can just receive loans in USD, EUR, GBP, and BTC..
Year founded: 2018.
Head office: 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 loaning: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, ASSOCIATE, and 15 other popular coins with the list growing.
Type of service: Direct lending.
Cryptocurrencies are unpredictable creatures. To make 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 could just deposit your crypto somewhere and make interest on it. By doing this, if the price increases by a percentage or not at all, you can still earn 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 specializes in crypto financing and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler Zkušenosti
The company’s CEO is Ilya Volkov. YouHodler is a main Blockchain Association member of the Financial Commission. YouHodler is not available in the United States in addition to in about a dozen other countries.