Youhodler Lend Rates Online Today

Looking for Youhodler Lend Rates…YouHodler is a Swiss-based company that acts as a crypto-backed loan provider. One of its main principles is that you can still HODL, without needing to await a spike to sell.

It enables users to obtain fiat funds quickly, based on the worth of their cryptocurrency asset holdings. Apart from that, one can convert 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 consider YouHodler as a bank for your cryptocurrency. It is efficient and fast, enabling users to move their crypto possessions with ease.

The platform focuses on providing a well-rounded experience for its users. You will discover whatever that a crypto owner or an investor would potentially need. To put it simply, YouHodler provides a variety of services that lets you harness your digital properties.

YouHodler Wallet

YouHodler’s wallet is developed with simpleness and effectiveness 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 designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Youhodler Lend Rates

Maybe the most noteworthy function at YouHodler is its ability to provide you loans. An investor might consider these funding chances as a means of hedging. Most importantly, it provides you access to a flexible 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 risk that accompanies investment options.

 

YouHodler is undoubtedly a leading player in this area– not least since it offers a top-rate loan-to-value ratio of up to 90%. Outmatching its competitors, YouHodler accepts 15 various digital coins as security.

Users can receive both instant 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 fairly 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 place.

 

YouHodler gives you a few choices to select how you want to back your loan. You can obtain a loan amount in fiat or Bitcoin– and you use multiple altcoins as collateral.

The initial application procedure works as follows:

Make a request using your crypto possessions as security
Quickly receive an agreed loan amount 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 value has actually 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 rating checks or take some time to consider whether you are qualified for a loan. On the contrary, if you have enough collateral and a validated account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has different plans for loans that come with predefined terms.

    There are 3 options for loan periods:.

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

    Your rates of interest is not figured out by the amount of security that you put up. Instead, it depends upon the type of strategy you choose.

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

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place lots of methods to keep your funds safe..
    Strong Insurance coverage. Crypto possessions are insured for as much as $150 million.
    Stablecoin Interest. YouHodler uses some of the very best rate of interest for stablecoins.
    Special Functions. You’ll find 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 used as security with 90% loan-to-value.

    Is CoinLoan safe?

     

    Cons of YouHodler:.
    Seniority. YouHodler was founded in 2018, which is rather current compared to its rivals.
    Currencies to Borrow. Depending on the currencies you use as collateral, 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 available to make interest: Fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG).
    Currencies readily available 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 loaning.

    Cryptocurrencies are unpredictable creatures. To make a profit, you have to be proficient at trading them or just hold and hope your crypto gains in value. Because of volatility, neither method is especially simple to do.

    What if you could just transfer your crypto someplace and earn interest on it. It pays high interest on cost savings. If you’re in the market for a crypto-backed loan, Youhodler can manage that likewise considering that it lends out its crypto on deposits.

    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 Lend Rates

    The company’s CEO is Ilya Volkov. YouHodler is an official Blockchain Association member of the Financial Commission. YouHodler is not readily available in the United States as well as in about a dozen other nations.