Youhodler App Crypto Online Today

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

It enables users to obtain fiat funds immediately, based on the value of their cryptocurrency asset holdings. Apart from that, one can transform crypto to crypto, crypto to fiat, and likewise engage with stablecoins.

The most useful function would be the option to withdraw fiat to an individual checking account or individual charge card. Users can also hold their cryptocurrency in a YouHodler savings account.

It wouldn’t be improbable to consider YouHodler as a bank for your cryptocurrency. It is quick and efficient, enabling users to transfer their crypto properties with ease.

The platform focuses on delivering a well-rounded experience for its users. You will find whatever that a crypto owner or a financier would perhaps require. In other words, YouHodler provides a variety of services that lets you harness your digital assets.

YouHodler Wallet

YouHodler’s wallet is designed with simplicity and efficiency in mind. You can transfer your cryptocurrency, transform it to fiat, and hold the funds for investment functions in your wallet. The business offers dedicated wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Youhodler App Crypto

Possibly the most significant function at YouHodler is its capability to offer you loans. An investor could consider these funding chances as a means of hedging. Crucially, it offers you access to a flexible course to go into 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 gets rid of a big part of the danger that accompanies investment options.

 

YouHodler is undoubtedly a leading gamer in this space– not least since it provides a top-rate loan-to-value ratio of approximately 90%. Outmatching its rivals, YouHodler accepts 15 various digital coins as collateral.

Users can get both instant cash 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 procedure that YouHodler has in location.

 

YouHodler provides you a couple of alternatives to pick how you wish to back your loan. You can apply for a loan amount in fiat or Bitcoin– and you use several altcoins as security.

The preliminary application process works as follows:

Make a request using your crypto properties as security
Instantly receive an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you repay the loan, you will right away get the security back, no matter whether its worth has 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 history checks or take time to consider whether you are eligible for a loan. On the contrary, if you have enough security and a confirmed account, you are good to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has different packages for loans that feature predefined terms.

    There are three choices for loan periods:.

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

    Your rates of interest is not determined by the amount of collateral that you put up. Rather, it depends upon the kind of strategy you select.

    YouHodler uses the same interest rate for all its users. As the neighborhood grows, the provider hopes that its rates of interest will also drop accordingly. YouHodler likewise has an affiliate program to motivate its users to welcome others to join the platform to assist accelerate this goal.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place numerous ways to keep your funds safe..
    Solid Insurance. Crypto possessions are guaranteed for as much as $150 million.
    Stablecoin Interest. YouHodler offers some of the very best interest rates for stablecoins.
    Unique Features. You’ll find cool products such as the Multi HODL and the Turbocharge, which you won’t find 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 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 just receive loans in USD, EUR, GBP, and BTC..
    Year founded: 2018.
    Head office: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies available to make 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 loaning.

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

    What if you might just deposit your crypto somewhere 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 manage that likewise because it loans out its crypto on deposits.

    YouHodler is a cryptocurrency exchange that focuses on crypto financing and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler App Crypto

    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 countries.