Youhodler App Online Today

Looking for Youhodler App…YouHodler is a Swiss-based business that works as a crypto-backed loan provider. Among its primary ideas is that you can still HODL, without having to wait on a spike to sell.

It allows 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 useful function would be the alternative to withdraw fiat to an individual checking account or personal credit card. Users can likewise 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 efficient and quick, enabling users to transfer their crypto possessions with ease.

The platform focuses on providing a well-rounded experience for its users. You will discover everything that a crypto owner or a financier would perhaps require. In other words, YouHodler uses a variety of services that lets you harness your digital properties.

YouHodler Wallet

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

Is YouHodler legitimate? Youhodler App

Maybe the most significant function at YouHodler is its capability to provide you loans. A financier could consider these funding opportunities as a means of hedging. Most importantly, it gives you access to a versatile path to enter the cryptocurrency trading markets.

With a crypto-backed line of credit, you can get fiat when you need it without touching your crypto portfolio at all. It eliminates a big part of the danger that accompanies financial investment choices.

 

YouHodler is undoubtedly a leading player in this area– not least since it provides a top-rate loan-to-value ratio of up to 90%. Surpassing its competitors, YouHodler accepts 15 various digital coins as collateral.

Users can receive both instantaneous 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 provides you a few alternatives to choose how you wish to back your loan. You can request a loan quantity in fiat or Bitcoin– and you use numerous altcoins as security.

The preliminary application procedure works as follows:

Make a request utilizing your crypto possessions as collateral
Instantly receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you repay the loan, you will right away get the collateral back, no matter 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 report checks or take time to consider whether you are eligible for a loan. On the contrary, if you have enough collateral 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 include predefined terms.

    There are three options for loan durations:.

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

    Your interest rate is not determined by the amount of security that you installed. Instead, it depends upon the kind of plan you select.

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

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place lots of ways to keep your funds safe..
    Strong Insurance coverage. Crypto assets are insured for as much as $150 million.
    Stablecoin Interest. YouHodler provides a few of the best rate of interest for stablecoins.
    Special Functions. You’ll find cool items such as the Multi HODL and the Turbocharge, which you won’t 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 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 offered to earn interest: Fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG).
    Currencies available for loaning: 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 simply hold and hope your crypto gains in worth. Neither technique is particularly easy to do because of volatility.

    If you might simply deposit your crypto somewhere and earn interest on it, what. By doing this, if the rate increases by a small amount or not at all, you can still make a profit. That’s what YouHodler does. It pays high interest on savings. Youhodler can manage that likewise considering that 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 specializes in crypto loaning and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler App

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