Youhodler 2017 Online Today

Looking for Youhodler 2017…YouHodler is a Swiss-based business that serves as a crypto-backed loan service provider. Among its primary ideas is that you can still HODL, without needing to await a spike to offer.

It enables users to obtain fiat funds immediately, based upon the value of their cryptocurrency possession 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 choice to withdraw fiat to a personal checking account or personal credit card. Users can also hold their cryptocurrency in a YouHodler savings account.

It wouldn’t be improbable to think about YouHodler as a bank for your cryptocurrency. It is effective and fast, permitting users to transfer their crypto properties with ease.

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

YouHodler Wallet

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

Is YouHodler legitimate? Youhodler 2017

Possibly the most notable feature at YouHodler is its capability to provide you loans. A financier might think about these funding opportunities as a means of hedging. Most importantly, it offers you access to a versatile path to enter 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 big part of the threat that accompanies financial investment choices.

 

YouHodler is undoubtedly a leading gamer in this space– not least due to the fact that it uses a top-rate loan-to-value ratio of as much as 90%. Exceeding its rivals, YouHodler accepts 15 various digital coins as security.

Users can receive 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 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 location.

 

YouHodler gives you a few options to choose how you want to back your loan. You can make an application for a loan amount in fiat or Bitcoin– and you utilize multiple altcoins as collateral.

The preliminary application procedure works as follows:

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

As you can see from the above, the process is as seamless as it could be. The company does not carry out any credit report checks or require time to consider whether you are eligible for a loan. On the contrary, if you have sufficient collateral and a verified account, you are good to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has various bundles for loans that include predefined terms.

    There are three options for loan periods:.

    Thirty days– 90% LTV.
    60 days– 70% LTV.
    180 days– 50% LTV.

    Your interest rate is not identified by the quantity of security that you set up. Rather, it depends upon the type of plan you pick.

    YouHodler offers the very same interest rate for all its users. As the neighborhood grows, the service provider hopes that its interest rates will likewise drop appropriately. YouHodler also has an affiliate program to encourage its users to welcome others to sign up with 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 assets are insured for approximately $150 million.
    Stablecoin Interest. YouHodler uses a few of the very best rate of interest for stablecoins.
    Unique Features. You’ll find cool products such as the Multi HODL and the Turbocharge, which you will not find anywhere else.
    Versatile Terms. You can increase the period of your loans at any time.
    High LTV. The top 20 coins can be utilized as security with 90% loan-to-value.

    Is CoinLoan safe?

     

    Cons of YouHodler:.
    Seniority. YouHodler was founded in 2018, which is quite recent 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 established: 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 offered for borrowing: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REP, and 15 other popular coins with the list growing.
    Kind of service: Direct lending.

    Cryptocurrencies are unstable creatures. To earn a profit, you have to be proficient at trading them or just hold and hope your crypto gains in worth. Due to the fact that of volatility, neither method is especially easy to do.

    What if you could simply deposit your crypto somewhere and earn interest on it. In this manner, if the price 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. Youhodler can handle that likewise because 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 concentrates on crypto lending and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler 2017

    The business’s CEO is Ilya Volkov. YouHodler is a main 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.