Youhodler Crypto Platform Online Today

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

It allows users to obtain fiat funds instantly, based on the worth of their cryptocurrency possession holdings. Apart from that, one can convert crypto to crypto, crypto to fiat, and likewise engage with stablecoins.

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

It wouldn’t be far-fetched to consider YouHodler as a bank for your cryptocurrency. It is fast and efficient, permitting users to transfer their crypto possessions with ease.

The platform focuses on providing a well-rounded experience for its users. You will find whatever that a crypto owner or an investor would possibly need. Simply put, YouHodler uses a variety of services that lets you harness your digital properties.

YouHodler Wallet

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

Is YouHodler legitimate? Youhodler Crypto Platform

Possibly the most significant function at YouHodler is its ability to use you loans. An investor might consider these financing opportunities as a means of hedging. Crucially, it provides you access to a flexible course to go into the cryptocurrency trading markets.

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

 

YouHodler is undoubtedly a leading gamer in this area– 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 security.

Users can receive both immediate 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 might get your interest rate as low as 2.5%.

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

 

YouHodler gives you a couple of choices to choose how you wish to back your loan. You can obtain a loan quantity in fiat or Bitcoin– and you utilize numerous altcoins as security.

The preliminary application procedure works as follows:

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

As you can see from the above, the procedure is as seamless as it could be. The company does not carry out any credit score checks or take some time to think about whether you are eligible for a loan. On the contrary, if you have sufficient security and a validated account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has different packages for loans that include predefined terms.

    There are 3 options for loan durations:.

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

    Your rates of interest is not identified by the amount of security that you put up. Instead, it depends on the type of strategy you pick.

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

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place numerous ways to keep your funds safe..
    Strong Insurance coverage. Crypto properties are guaranteed for up to $150 million.
    Stablecoin Interest. YouHodler provides a few of the best interest rates for stablecoins.
    Special Features. You’ll discover cool items such as the Multi HODL and the Turbocharge, which you will not discover 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 security with 90% loan-to-value.

    Is CoinLoan safe?

     

    Cons of YouHodler:.
    Seniority. YouHodler was founded in 2018, which is quite current compared to its rivals.
    Currencies to Borrow. Depending upon the currencies you use as security, you can just get loans in USD, EUR, GBP, and BTC..
    Year established: 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 readily available 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 make a profit, you have to be good at trading them or simply hold and hope your crypto gains in worth. Neither method is especially easy to do because of volatility.

    What if you could just transfer your crypto somewhere and earn interest on it. By doing this, if the rate boosts by a small amount 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 deal with that also because it loans out its crypto on deposits. Let’s see how it works.

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

    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.