Youhodler Podcast 2019 Online Today

Looking for Youhodler Podcast 2019…YouHodler is a Swiss-based company that serves as a crypto-backed loan service provider. One of its main ideas is that you can still HODL, without needing to wait for a spike to sell.

It permits users to obtain fiat funds instantly, based upon the worth of their cryptocurrency property holdings. Apart from that, one can transform crypto to crypto, crypto to fiat, and also engage with stablecoins.

The most helpful feature would be the alternative to withdraw fiat to an individual checking account or individual charge card. Users can also hold their cryptocurrency in a YouHodler savings account.

It wouldn’t be improbable to consider YouHodler as a bank for your cryptocurrency. It is effective and quick, allowing users to transfer their crypto assets with ease.

The platform focuses on delivering a well-rounded experience for its users. You will find everything that a crypto owner or an investor would perhaps require. To put it simply, YouHodler offers a variety of services that lets you harness your digital possessions.

YouHodler Wallet

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

Is YouHodler legitimate? Youhodler Podcast 2019

Perhaps the most significant feature at YouHodler is its capability to use you loans. An investor might consider these funding chances as a means of hedging. Crucially, it provides you access to a flexible path to get in 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 big part of the risk that accompanies financial investment options.

 

YouHodler is certainly a leading player in this space– not least due to the fact that it uses a top-rate loan-to-value ratio of approximately 90%. Outpacing its competitors, YouHodler accepts 15 various digital coins as security.

Users can receive both immediate 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 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 offers you a few alternatives to select how you want to back your loan. You can apply for a loan amount in fiat or Bitcoin– and you utilize numerous altcoins as security.

The preliminary application procedure works as follows:

Make a request utilizing your crypto properties as collateral
Quickly receive an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you pay back the loan, you will immediately get the collateral back, despite whether its value has actually increased.

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

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

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

    There are three options for loan durations:.

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

    Your interest rate is not figured out by the quantity of collateral that you set up. Instead, it depends on the type of strategy you select.

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

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place many ways 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 rate of interest for stablecoins.
    Distinct Features. You’ll discover 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 utilized as security with 90% loan-to-value.

    Is CoinLoan safe?

     

    Cons of YouHodler:.
    Seniority. YouHodler was founded in 2018, which is quite recent compared to its rivals.
    Currencies to Obtain. Depending upon the currencies you utilize as security, you can just get loans in USD, EUR, GBP, and BTC..
    Year founded: 2018.
    Head office: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies available to earn interest: Fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG).
    Currencies available for loaning: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REPRESENTATIVE, and 15 other popular coins with the list growing.
    Kind of service: Direct financing.

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

    What if you could just deposit your crypto someplace and earn interest on it. In this manner, if the cost 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 savings. Youhodler can deal with that likewise given that 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 concentrates on crypto loaning and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler Podcast 2019

    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 along with in about a lots other nations.