Youhodler Glassdoor Online Today

Looking for Youhodler Glassdoor…YouHodler is a Swiss-based business that works as a crypto-backed loan company. One of its main ideas is that you can still HODL, without needing to await a spike to sell.

It permits users to borrow fiat funds immediately, based on the worth of their cryptocurrency property holdings. Apart from that, one can transform crypto to crypto, crypto to fiat, and likewise engage with stablecoins.

The most helpful function would be the choice to withdraw fiat to an individual savings account or personal credit card. Users can also hold their cryptocurrency in a YouHodler savings account.

It would not be far-fetched to think about YouHodler as a bank for your cryptocurrency. It is fast and effective, allowing users to transfer their crypto assets with ease.

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

YouHodler Wallet

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

Is YouHodler legitimate? Youhodler Glassdoor

Maybe the most noteworthy function at YouHodler is its capability to use you loans. An investor might consider these funding chances as a means of hedging. Most importantly, it offers you access to a versatile path to get in 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 removes a big part of the danger that accompanies investment choices.

 

YouHodler is undoubtedly a leading player in this area– not least since it uses a top-rate loan-to-value ratio of as much as 90%. Exceeding its competitors, 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 rate of interest on crypto loans are relatively reasonably at 12% APR. If you are taking out a short-term loan, you could get your interest rate as low as 2.5%.

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

 

YouHodler offers you a few choices to pick how you wish to back your loan. You can look for a loan quantity in fiat or Bitcoin– and you use multiple altcoins as collateral.

The preliminary application procedure works as follows:

Make a request utilizing your crypto properties as collateral
Instantly receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you pay back the loan, you will right away get the security back, regardless of 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 report checks or require time to consider whether you are eligible for a loan. On the contrary, if you have sufficient collateral and a validated account, you are great 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 3 alternatives for loan periods:.

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

    Your rate of interest is not identified by the quantity of security that you set up. Rather, it depends on the type of plan you select.

    YouHodler provides the same rate of interest for all its users. As the neighborhood grows, the service provider hopes that its interest rates will also drop appropriately. YouHodler likewise has an affiliate program to motivate its users to invite 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 assets are guaranteed for up to $150 million.
    Stablecoin Interest. YouHodler uses a few of the very best rates of interest for stablecoins.
    Unique Functions. You’ll discover cool items such as the Multi HODL and the Turbocharge, which you won’t find 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 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 Borrow. Depending on the currencies you utilize as security, you can only receive loans in USD, EUR, GBP, and BTC..
    Year founded: 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 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 unstable creatures. To make a profit, you have to be proficient at trading them or just hold and hope your crypto gains in value. Neither approach is especially easy to do because of volatility.

    If you could simply transfer your crypto someplace and make interest on it, what. This way, if the price boosts by a small amount or not at all, you can still make 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 likewise considering that it loans out its crypto on deposits. Let’s see how it works.

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

    The company’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 countries.