Youhodler Credit Card Online Today

Looking for Youhodler Credit Card…YouHodler is a Swiss-based company that functions as a crypto-backed loan company. Among its primary principles is that you can still HODL, without needing to await a spike to sell.

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

The most beneficial feature would be the option to withdraw fiat to a personal bank account or individual charge card. Users can also hold their cryptocurrency in a YouHodler savings account.

It would not be improbable to think about YouHodler as a bank for your cryptocurrency. It is efficient and quick, allowing users to move their crypto properties with ease.

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

YouHodler Wallet

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

Is YouHodler legitimate? Youhodler Credit Card

Maybe the most noteworthy function at YouHodler is its capability to use you loans. An investor could think about these financing opportunities as a means of hedging. Crucially, it gives you access to a versatile path to enter 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 removes a huge part of the threat that accompanies financial investment options.

 

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

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

Now let’s break down the loan procedure that YouHodler has in place.

 

YouHodler provides you a couple of choices to select how you want to back your loan. You can obtain a loan quantity in fiat or Bitcoin– and you use numerous altcoins as security.

The initial application procedure works as follows:

Make a request utilizing your crypto possessions as security
Immediately receive an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
As soon as you repay the loan, you will right away get the security back, regardless of whether its worth has actually increased.

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

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has various packages for loans that include predefined terms.

    There are three options for loan periods:.

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

    Your interest rate is not figured out by the quantity of collateral that you installed. Instead, it depends on the type of plan you choose.

    YouHodler provides the exact same interest rate for all its users. As the community grows, the service provider hopes that its rate of interest will also drop accordingly. YouHodler also has an affiliate program to encourage its users to welcome others to join the platform to assist accelerate this goal.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place numerous methods to keep your funds safe..
    Strong Insurance. Crypto properties are guaranteed for approximately $150 million.
    Stablecoin Interest. YouHodler uses a few of the very best interest rates for stablecoins.
    Unique Features. You’ll find cool items such as the Multi HODL and the Turbocharge, which you won’t discover anywhere else.
    Versatile 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 recent compared to its rivals.
    Currencies to Borrow. Depending upon the currencies you utilize as collateral, you can only get loans in USD, EUR, GBP, and BTC..
    Year founded: 2018.
    Head office: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies readily available to make interest: Fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG).
    Currencies available for borrowing: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, ASSOCIATE, and 15 other popular coins with the list growing.
    Type of service: Direct loaning.

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

    What if you might just deposit your crypto somewhere and make interest on it. In this manner, if the rate boosts by a percentage or not at all, you can still earn a profit. That’s what YouHodler does. It pays high interest on cost savings. If you’re in the market for a crypto-backed loan, Youhodler can handle that also given that it lends out its crypto on deposits. Let’s see how it works.

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

    The business’s CEO is Ilya Volkov. YouHodler is an official Blockchain Association member of the Financial Commission. YouHodler is not available in the United States in addition to in about a lots other nations.