Youhodler Blog Online Today

Looking for Youhodler Blog…YouHodler is a Swiss-based business that functions as a crypto-backed loan service provider. One of its main concepts is that you can still HODL, without having to wait for a spike to offer.

It enables users to borrow 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 also engage with stablecoins.

The most useful function would be the alternative to withdraw fiat to an individual savings account or personal charge 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 efficient and fast, permitting users to transfer their crypto possessions 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 possibly need. Simply put, YouHodler offers a variety of services that lets you harness your digital properties.

YouHodler Wallet

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

Is YouHodler legitimate? Youhodler Blog

Possibly the most notable function at YouHodler is its ability to provide you loans. An investor could consider these funding opportunities as a means of hedging. Crucially, it offers you access to a flexible path to go into 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 removes a huge part of the risk that accompanies investment options.

 

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

Users can receive 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 might 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 few options to select how you want to back your loan. You can request a loan amount in fiat or Bitcoin– and you use several altcoins as collateral.

The initial application procedure works as follows:

Make a demand utilizing your crypto possessions as collateral
Instantly receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you repay the loan, you will instantly get the collateral back, regardless of whether its worth has increased.

As you can see from the above, the process is as seamless as it could be. The business does not perform any credit rating checks or take some time to consider whether you are qualified for a loan. On the contrary, if you have adequate collateral and a verified account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has various packages for loans that come with predefined terms.

    There are 3 choices for loan durations:.

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

    Your interest rate is not identified by the quantity of collateral that you put up. Instead, it depends on the type of strategy you choose.

    YouHodler provides the very same interest rate for all its users. As the community grows, the service provider hopes that its rates of interest will likewise drop appropriately. YouHodler likewise has an affiliate program to motivate its users to welcome others to join the platform to help accelerate this objective.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place lots of methods to keep your funds safe..
    Strong Insurance. Crypto possessions are guaranteed for approximately $150 million.
    Stablecoin Interest. YouHodler uses some of the very best rates of interest for stablecoins.
    Special Features. You’ll discover cool items such as the Multi HODL and the Turbocharge, which you will not discover 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 competitors.
    Currencies to Borrow. Depending upon the currencies you utilize as collateral, you can just receive loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Headquarters: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies offered to make 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, ASSOCIATE, and 15 other popular coins with the list growing.
    Kind of service: Direct loaning.

    Cryptocurrencies are unstable creatures. To earn a profit, you need to be good at trading them or simply hold and hope your crypto gains in value. Neither approach is especially easy to do because of volatility.

    What if you could 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 manage that also considering that it loans out its crypto on deposits.

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

    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.