Celsius Network And Youhodler Online Today

Looking for Celsius Network And Youhodler…YouHodler is a Swiss-based business that serves as a crypto-backed loan provider. Among its primary principles is that you can still HODL, without needing to await a spike to sell.

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

The most helpful feature would be the choice to withdraw fiat to an individual checking account or personal credit card. Users can also 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 transfer their crypto possessions with ease.

The platform focuses on providing a well-rounded experience for its users. You will find everything that a crypto owner or a financier would perhaps need. 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 simplicity and effectiveness in mind. You can move your cryptocurrency, convert it to fiat, and hold the funds for financial investment functions in your wallet. The company provides dedicated wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Celsius Network And Youhodler

Perhaps the most notable function at YouHodler is its capability to provide you loans. A financier might consider these financing chances 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 require it without touching your crypto portfolio at all. It removes a big part of the danger 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%. Surpassing its competitors, YouHodler accepts 15 various digital coins as collateral.

Users can get both instant 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 relatively 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 few alternatives to select how you want to back your loan. You can obtain a loan amount in fiat or Bitcoin– and you utilize multiple altcoins as security.

The preliminary application process works as follows:

Make a demand utilizing your crypto properties as security
Quickly receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you repay the loan, you will instantly get the security back, regardless of whether its worth has increased.

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

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has different plans for loans that come with predefined terms.

    There are three choices for loan durations:.

    Thirty 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 set up. Instead, it depends on the type of plan you select.

    YouHodler uses the very same interest rate for all its users. As the community grows, the supplier hopes that its rate of interest will likewise drop accordingly. YouHodler likewise has an affiliate program to motivate its users to invite 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 coverage. Crypto properties are guaranteed for approximately $150 million.
    Stablecoin Interest. YouHodler provides some of the very best rate of interest for stablecoins.
    Unique Functions. You’ll discover 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 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 Borrow. Depending upon the currencies you use as security, you can only receive loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Headquarters: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies readily available 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.
    Type of service: Direct lending.

    Cryptocurrencies are unpredictable animals. To earn a profit, you need to be proficient at trading them or just hold and hope your crypto gains in worth. Neither approach is particularly easy to do because of volatility.

    If you might just deposit your crypto someplace and earn interest on it, what. This way, if the cost 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 also because it loans out its crypto on deposits. Let’s see how it works.

    YouHodler is a cryptocurrency exchange that focuses on crypto lending and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Celsius Network And Youhodler

    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.