Youhodler Account Statement Online Today

Looking for Youhodler Account Statement…YouHodler is a Swiss-based company that serves as a crypto-backed loan provider. One of its primary concepts is that you can still HODL, without having to wait on a spike to offer.

It permits users to borrow fiat funds instantly, based on the worth of their cryptocurrency asset holdings. Apart from that, one can transform crypto to crypto, crypto to fiat, and likewise engage with stablecoins.

The most helpful function would be the option to withdraw fiat to a personal savings account or individual charge card. Users can likewise hold their cryptocurrency in a YouHodler savings account.

It wouldn’t be far-fetched to think about YouHodler as a bank for your cryptocurrency. It is fast and efficient, allowing users to move their crypto properties with ease.

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

YouHodler Wallet

YouHodler’s wallet is designed with simplicity and performance in mind. You can move your cryptocurrency, convert it to fiat, and hold the funds for financial investment functions in your wallet. The company uses devoted wallet styles for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Youhodler Account Statement

Perhaps the most noteworthy feature at YouHodler is its capability to provide you loans. A financier might consider these funding chances as a means of hedging. Most importantly, it offers you access to a flexible path to go into 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 eliminates a big part of the risk that accompanies investment options.

 

YouHodler is unquestionably a leading gamer in this space– not least since it uses a top-rate loan-to-value ratio of up to 90%. Surpassing its rivals, YouHodler accepts 15 different digital coins as security.

Users can get both immediate money loans and crypto loans in USD, EURO, GBP, CHF, and even in Bitcoin( BTC) and Tether( USDT). The rate of interest on crypto loans are fairly reasonably at 12% APR. If you are taking out a short-term loan, you could get your rates of interest as low as 2.5%.

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

 

YouHodler provides you a couple of options to choose how you wish to back your loan. You can make an application for a loan quantity in fiat or Bitcoin– and you use several altcoins as security.

The preliminary application process works as follows:

Make a request using your crypto possessions as collateral
Quickly get an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you pay back the loan, you will instantly get the collateral 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 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 great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

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

    There are 3 options for loan periods:.

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

    Your rates of interest is not determined by the quantity of collateral that you installed. Instead, it depends on the type of plan you pick.

    YouHodler offers the exact same interest rate for all its users. As the community grows, the company hopes that its rates of interest will also drop accordingly. YouHodler also has an affiliate program to motivate its users to invite others to join the platform to help accelerate this objective.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place numerous methods to keep your funds safe..
    Strong Insurance coverage. Crypto properties are guaranteed for as much as $150 million.
    Stablecoin Interest. YouHodler provides some of the best rate of interest for stablecoins.
    Special Features. You’ll find cool items such as the Multi HODL and the Turbocharge, which you will not find anywhere else.
    Flexible Terms. You can increase the duration of your loans at any time.
    High LTV. The top 20 coins can be utilized 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 on 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 readily 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, REP, and 15 other popular coins with the list growing.
    Type of service: Direct loaning.

    Cryptocurrencies are unpredictable creatures. To earn a profit, you need to be good at trading them or just hold and hope your crypto gains in value. Due to the fact that of volatility, neither approach is especially easy to do.

    If you could just transfer your crypto somewhere and earn interest on it, what. This way, if the rate boosts by a percentage 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 also since 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 focuses on crypto loaning and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler Account Statement

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