Download Youhodler App Online Today

Looking for Download Youhodler App…YouHodler is a Swiss-based company that functions as a crypto-backed loan provider. Among its primary principles is that you can still HODL, without having to wait on a spike to sell.

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

The most useful feature would be the alternative to withdraw fiat to an individual savings account or personal charge card. Users can likewise hold their cryptocurrency in a YouHodler savings account.

It would not be far-fetched to think about YouHodler as a bank for your cryptocurrency. It is quick and effective, enabling users to move their crypto assets with ease.

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

YouHodler Wallet

YouHodler’s wallet is designed with simplicity and performance in mind. You can transfer 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? Download Youhodler App

Possibly the most notable feature at YouHodler is its capability to offer you loans. An investor might consider these financing opportunities as a means of hedging. Crucially, it gives you access to a flexible 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 gets rid of a big part of the danger that accompanies financial investment choices.

 

YouHodler is certainly a leading gamer in this area– not least since it offers a top-rate loan-to-value ratio of up to 90%. Outmatching 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 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 process that YouHodler has in place.

 

YouHodler gives you a few options to select how you want to back your loan. You can apply for a loan amount in fiat or Bitcoin– and you use numerous altcoins as security.

The initial application procedure works as follows:

Make a demand using your crypto properties as security
Quickly get an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you repay the loan, you will right away get the security back, despite whether its worth has increased.

As you can see from the above, the procedure is as seamless as it could be. The business does not carry out any credit history checks or take time to think about whether you are qualified for a loan. On the contrary, if you have sufficient security and a confirmed account, you are excellent to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has different packages for loans that include predefined terms.

    There are 3 choices for loan durations:.

    1 month– 90% LTV.
    60 days– 70% LTV.
    180 days– 50% LTV.

    Your rate of interest is not figured out by the quantity of security that you installed. Instead, it depends on the type of strategy you choose.

    YouHodler offers the very same rates of interest for all its users. As the neighborhood grows, the service provider hopes that its interest rates will also drop accordingly. YouHodler also has an affiliate program to motivate 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 many ways to keep your funds safe..
    Solid Insurance coverage. Crypto assets are guaranteed for approximately $150 million.
    Stablecoin Interest. YouHodler offers a few of the very best interest rates for stablecoins.
    Special Features. You’ll find cool items 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 used 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 competitors.
    Currencies to Borrow. Depending upon the currencies you use as security, you can just get loans in USD, EUR, GBP, and BTC..
    Year founded: 2018.
    Head office: 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 readily available for loaning: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REPRESENTATIVE, and 15 other popular coins with the list growing.
    Type of service: Direct financing.

    Cryptocurrencies are unpredictable creatures. To earn a profit, you have to be good at trading them or simply hold and hope your crypto gains in value. Neither method is particularly easy to do because of volatility.

    If you might just deposit your crypto someplace and earn interest on it, what. In this manner, if the rate boosts by a small amount 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 deal with that likewise given that 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. Download Youhodler App

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