Looking for Youhodler Eth Rewards…YouHodler is a Swiss-based company that works as a crypto-backed loan company. One of its main principles is that you can still HODL, without having to wait for a spike to offer.
It enables users to borrow fiat funds quickly, based on the worth of their cryptocurrency property holdings. Apart from that, one can convert crypto to crypto, crypto to fiat, and likewise engage with stablecoins.
The most helpful feature would be the choice to withdraw fiat to an individual bank account or individual charge card. Users can also hold their cryptocurrency in a YouHodler savings account.
It would not be improbable to consider YouHodler as a bank for your cryptocurrency. It is efficient and quick, permitting users to transfer their crypto properties with ease.
The platform focuses on providing a well-rounded experience for its users. You will find everything that a crypto owner or a financier would perhaps need. Simply put, YouHodler provides a range of services that lets you harness your digital properties.
YouHodler’s wallet is developed with simplicity and performance in mind. You can transfer your cryptocurrency, convert it to fiat, and hold the funds for investment purposes in your wallet. The company provides dedicated wallet styles for Bitcoin and over 14 other popular cryptocurrencies.
Is YouHodler legitimate? Youhodler Eth Rewards
Possibly the most notable function at YouHodler is its capability to use you loans. A financier might think about these financing opportunities as a means of hedging. Most importantly, it gives you access to a versatile course to enter 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 gets rid of a huge part of the danger that accompanies investment options.
YouHodler is undoubtedly a leading player in this space– not least because it uses a top-rate loan-to-value ratio of approximately 90%. Exceeding its rivals, YouHodler accepts 15 various digital coins as security.
Users can get both instantaneous money 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 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 choices to select how you want to back your loan. You can apply for a loan quantity in fiat or Bitcoin– and you use several altcoins as collateral.
The preliminary 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).
As soon as you pay back the loan, you will instantly get the collateral back, no matter whether its worth has increased.
As you can see from the above, the process is as smooth as it could be. The company does not perform any credit score checks or take some time to consider whether you are eligible for a loan. On the contrary, if you have sufficient security and a validated account, you are good to go.
How do you get paid on YouHodler?
Loan Terms and Amounts.
YouHodler has various bundles for loans that include predefined terms.
There are 3 options for loan periods:.
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 upon the kind of strategy you pick.
YouHodler provides the exact same interest rate for all its users. As the community grows, the supplier hopes that its rate of interest will also drop accordingly. YouHodler likewise has an affiliate program to encourage its users to welcome others to join the platform to help accelerate this goal.
Pros of YouHodler:.
Strong Security. YouHodler put in place lots of methods to keep your funds safe..
Strong Insurance. Crypto properties are guaranteed for up to $150 million.
Stablecoin Interest. YouHodler offers some of the very best interest rates for stablecoins.
Unique Functions. You’ll discover cool products such as the Multi HODL and the Turbocharge, which you will not find anywhere else.
Versatile Terms. You can increase the duration 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 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.
Headquarters: 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 loaning: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REP, and 15 other popular coins with the list growing.
Kind of service: Direct lending.
Cryptocurrencies are volatile animals. To earn a profit, you need to be good at trading them or just hold and hope your crypto gains in worth. Since of volatility, neither approach is particularly easy to do.
If you could just transfer your crypto somewhere and earn interest on it, what. In this manner, if the price increases by a percentage or not at all, you can still earn a profit. That’s what YouHodler does. It pays high interest on savings. Youhodler can deal with that also since it loans 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 Eth Rewards
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 along with in about a dozen other nations.