Youhodler Scams Online Today

Looking for Youhodler Scams…YouHodler is a Swiss-based business that acts as a crypto-backed loan provider. One of its main concepts is that you can still HODL, without needing to wait for a spike to offer.

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

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

It wouldn’t be improbable to think about YouHodler as a bank for your cryptocurrency. It is fast and effective, permitting users to move 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 a financier would possibly need. To put it simply, YouHodler provides a range of services that lets you harness your digital properties.

YouHodler Wallet

YouHodler’s wallet is designed with simpleness and efficiency in mind. You can move your cryptocurrency, convert it to fiat, and hold the funds for investment purposes in your wallet. The business uses devoted wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Youhodler Scams

Perhaps the most noteworthy function at YouHodler is its ability to offer you loans. A financier might consider these financing opportunities as a means of hedging. Most importantly, it offers 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 gets rid of a huge part of the threat that accompanies financial investment options.

 

YouHodler is certainly a leading gamer in this space– not least due to the fact that it provides a top-rate loan-to-value ratio of as much as 90%. Exceeding its competitors, YouHodler accepts 15 various digital coins as collateral.

Users can get 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 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 place.

 

YouHodler offers you a couple of alternatives to choose how you want to back your loan. You can obtain a loan quantity in fiat or Bitcoin– and you use numerous altcoins as collateral.

The initial application process works as follows:

Make a request using your crypto properties as security
Instantly receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you pay back the loan, you will immediately get the security back, no matter whether its worth has actually increased.

As you can see from the above, the procedure is as seamless as it could be. The business does not carry out any credit score checks or take time to consider whether you are qualified for a loan. On the contrary, if you have enough security and a verified account, you are excellent to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

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

    There are 3 alternatives for loan durations:.

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

    Your interest rate is not determined by the amount of security that you set up. Instead, it depends on the kind of strategy you choose.

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

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place lots of methods to keep your funds safe..
    Solid Insurance coverage. Crypto properties are insured for approximately $150 million.
    Stablecoin Interest. YouHodler uses a few of the best rate of interest for stablecoins.
    Unique Features. You’ll find cool products such as the Multi HODL and the Turbocharge, which you will not 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 rivals.
    Currencies to Obtain. Depending on the currencies you use 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 offered to make 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, ASSOCIATE, and 15 other popular coins with the list growing.
    Kind of service: Direct financing.

    Cryptocurrencies are unstable animals. To earn a profit, you need to be proficient at trading them or simply hold and hope your crypto gains in worth. Neither technique is particularly easy to do because of volatility.

    If you might simply deposit your crypto somewhere and earn interest on it, what. By doing this, if the rate boosts by a percentage or not at all, you can still make a profit. That’s what YouHodler does. It pays high interest on cost savings. Youhodler can handle that also considering that it lends 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 focuses on crypto loaning and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler Scams

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