Where Is Youhodler Based Online Today

Looking for Where Is Youhodler Based…YouHodler is a Swiss-based business that serves as a crypto-backed loan service provider. One of its main principles is that you can still HODL, without needing to wait for a spike to offer.

It permits users to borrow fiat funds immediately, based on the value of their cryptocurrency possession holdings. Apart from that, one can convert crypto to crypto, crypto to fiat, and likewise engage with stablecoins.

The most beneficial feature would be the choice to withdraw fiat to a personal savings account or individual credit 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, enabling users to move their crypto properties with ease.

The platform concentrates on delivering a well-rounded experience for its users. You will discover whatever that a crypto owner or an investor would possibly require. To put it simply, YouHodler provides a variety of services that lets you harness your digital assets.

YouHodler Wallet

YouHodler’s wallet is developed with simpleness and effectiveness in mind. You can transfer your cryptocurrency, transform it to fiat, and hold the funds for financial investment purposes in your wallet. The business provides devoted wallet styles for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Where Is Youhodler Based

Perhaps the most significant feature at YouHodler is its ability to offer you loans. An investor could consider these funding chances as a means of hedging. Crucially, it gives you access to a versatile path to get in 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 huge part of the danger that accompanies financial investment options.

 

YouHodler is undoubtedly a leading player in this area– not least due to the fact that it provides a top-rate loan-to-value ratio of up to 90%. Exceeding its competitors, YouHodler accepts 15 various digital coins as security.

Users can receive both instant 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 rates of interest as low as 2.5%.

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

 

YouHodler offers you a few choices to select how you want to back your loan. You can apply for a loan quantity in fiat or Bitcoin– and you use multiple altcoins as collateral.

The initial application procedure works as follows:

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

As you can see from the above, the process is as seamless as it could be. The company does not perform any credit score checks or require time to consider whether you are eligible for a loan. On the contrary, if you have enough collateral 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 come with predefined terms.

    There are 3 choices for loan durations:.

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

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

    YouHodler provides the exact same interest rate for all its users. As the community grows, the provider hopes that its rate of interest will likewise drop appropriately. YouHodler likewise has an affiliate program to motivate its users to invite others to join the platform to assist 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 uses a few of the best rate of interest for stablecoins.
    Special Features. You’ll find cool products such as the Multi HODL and the Turbocharge, which you won’t discover 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 security with 90% loan-to-value.

    Is CoinLoan safe?

     

    Cons of YouHodler:.
    Seniority. YouHodler was founded in 2018, which is quite current compared to its rivals.
    Currencies to Obtain. Depending upon the currencies you utilize as collateral, you can only receive loans in USD, EUR, GBP, and BTC..
    Year founded: 2018.
    Headquarters: 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 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 lending.

    Cryptocurrencies are unpredictable creatures. To earn a profit, you have to be good at trading them or just hold and hope your crypto gains in worth. Since of volatility, neither technique is especially easy to do.

    What if you might simply deposit your crypto someplace and earn interest on it. It pays high interest on cost savings. If you’re in the market for a crypto-backed loan, Youhodler can handle that also since it loans out its crypto on deposits.

    YouHodler is a cryptocurrency exchange that concentrates on crypto lending and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Where Is Youhodler Based

    The business’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 along with in about a dozen other countries.