Has Bitcoin Been Hacked Online Today

Looking for Has Bitcoin Been Hacked…YouHodler is a Swiss-based company that serves as a crypto-backed loan provider. Among its main principles is that you can still HODL, without having to wait on a spike to offer.

It enables users to borrow fiat funds immediately, 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 beneficial feature would be the alternative to withdraw fiat to a personal savings account or individual charge card. Users can likewise hold their cryptocurrency in a YouHodler savings account.

It would not be far-fetched to consider YouHodler as a bank for your cryptocurrency. It is quick and efficient, allowing users to transfer their crypto possessions with ease.

The platform concentrates on delivering a well-rounded experience for its users. You will find whatever that a crypto owner or a financier would potentially require. To put it simply, YouHodler provides a range of services that lets you harness your digital possessions.

YouHodler Wallet

YouHodler’s wallet is developed with simpleness and efficiency in mind. You can move your cryptocurrency, convert it to fiat, and hold the funds for financial investment functions in your wallet. The business provides devoted wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Has Bitcoin Been Hacked

Possibly the most significant function at YouHodler is its ability to offer you loans. An investor could consider these financing opportunities as a means of hedging. Crucially, it offers you access to a flexible course to get in the cryptocurrency trading markets.

With a crypto-backed credit line, you can get fiat when you require it without touching your crypto portfolio at all. It removes a huge part of the danger that accompanies financial investment options.

 

YouHodler is certainly a leading gamer in this area– not least due to the fact that it provides a top-rate loan-to-value ratio of as much as 90%. Surpassing its competitors, YouHodler accepts 15 different digital coins as collateral.

Users can get both immediate 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 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 location.

 

YouHodler offers you a few choices to pick how you want to back your loan. You can obtain a loan amount in fiat or Bitcoin– and you use several altcoins as collateral.

The preliminary application process works as follows:

Make a request using your crypto possessions as security
Quickly receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
As soon as you pay back the loan, you will right away get the collateral back, regardless of whether its value has actually increased.

As you can see from the above, the procedure is as seamless as it could be. The company does not perform any credit report checks or require time to think about whether you are qualified for a loan. On the contrary, if you have sufficient collateral and a validated account, you are good to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has different plans for loans that include predefined terms.

    There are three choices for loan durations:.

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

    Your rates of interest is not determined by the quantity of security that you set up. Instead, it depends upon the type of strategy you pick.

    YouHodler uses the same rate of interest for all its users. As the community grows, the provider hopes that its rate of interest will also drop appropriately. YouHodler likewise has an affiliate program to encourage its users to invite others to join 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. Crypto possessions are insured for up to $150 million.
    Stablecoin Interest. YouHodler provides a few of the best interest rates for stablecoins.
    Unique Features. You’ll discover cool items such as the Multi HODL and the Turbocharge, which you won’t discover anywhere else.
    Flexible 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 quite current compared to its competitors.
    Currencies to Obtain. Depending on the currencies you utilize as collateral, you can just receive loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Headquarters: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies available to earn 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, ASSOCIATE, and 15 other popular coins with the list growing.
    Kind of service: Direct financing.

    Cryptocurrencies are volatile creatures. To make a profit, you need to be good at trading them or just hold and hope your crypto gains in value. Neither technique is especially easy to do because of volatility.

    If you might simply transfer your crypto somewhere and earn interest on it, what. This way, 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. Youhodler can deal with that likewise given that it loans 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 concentrates on crypto financing and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Has Bitcoin Been Hacked

    The company’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 in addition to in about a dozen other countries.