Youhodler Credit Card Features Online Today

Looking for Youhodler Credit Card Features…YouHodler is a Swiss-based company that works 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 obtain fiat funds quickly, based upon the worth of their cryptocurrency asset holdings. Apart from that, one can transform crypto to crypto, crypto to fiat, and also engage with stablecoins.

The most beneficial 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 would not be far-fetched to consider YouHodler as a bank for your cryptocurrency. It is quick and effective, enabling users to move their crypto properties with ease.

The platform concentrates on delivering a well-rounded experience for its users. You will find whatever that a crypto owner or a financier would perhaps need. To put it simply, YouHodler provides a variety of services that lets you harness your digital possessions.

YouHodler Wallet

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

Is YouHodler legitimate? Youhodler Credit Card Features

Possibly the most notable function at YouHodler is its capability to offer you loans. A financier could think about these funding opportunities as a means of hedging. Most importantly, it offers you access to a flexible 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 gets rid of a big part of the risk that accompanies investment choices.

 

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

Users can get 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 process that YouHodler has in location.

 

YouHodler gives you a couple of 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 security.

The initial application process works as follows:

Make a demand using your crypto possessions as collateral
Quickly receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you pay back the loan, you will immediately get the security back, despite whether its worth has increased.

As you can see from the above, the procedure is as smooth as it could be. The business does not perform any credit score checks or take time to think about 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 plans for loans that come with predefined terms.

    There are 3 alternatives for loan durations:.

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

    Your interest rate is not figured out by the quantity of security that you set up. Rather, it depends on the kind of strategy you select.

    YouHodler uses the very same interest rate for all its users. As the community grows, the provider hopes that its interest rates will also drop accordingly. YouHodler likewise has an affiliate program to encourage its users to invite others to sign up with the platform to help accelerate this goal.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place many methods to keep your funds safe..
    Solid Insurance. Crypto properties are guaranteed for approximately $150 million.
    Stablecoin Interest. YouHodler offers some of the best interest rates for stablecoins.
    Special Functions. 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 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 rather recent compared to its competitors.
    Currencies to Obtain. Depending on the currencies you utilize as security, you can only receive loans in USD, EUR, GBP, and BTC..
    Year established: 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 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 loaning.

    Cryptocurrencies are unstable animals. To earn a profit, you need to be proficient at trading them or simply hold and hope your crypto gains in worth. Neither method is particularly easy to do because of volatility.

    What if you might just transfer your crypto someplace and make interest on it. It pays high interest on savings. If you’re in the market for a crypto-backed loan, Youhodler can deal with that likewise since it lends out its crypto on deposits.

    YouHodler is a cryptocurrency exchange that specializes in crypto lending and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler Credit Card Features

    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 nations.