Annualized Interest Rate Calculator Crypto – Limited time offer

Looking for Annualized Interest Rate Calculator Crypto…YouHodler is a Swiss-based company that works as a crypto-backed loan service provider. One of its primary principles is that you can still HODL, without having to await a spike to sell.

It enables users to borrow fiat funds quickly, based on the value 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 bank account or individual 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, permitting users to move their crypto assets with ease.

The platform focuses on providing a well-rounded experience for its users. You will find whatever that a crypto owner or an investor would perhaps require. In other words, YouHodler offers a variety of services that lets you harness your digital possessions.

YouHodler Wallet

YouHodler’s wallet is created with simpleness and efficiency in mind. You can move your cryptocurrency, transform it to fiat, and hold the funds for financial investment functions in your wallet. The business provides dedicated wallet styles for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Annualized Interest Rate Calculator Crypto

Perhaps the most noteworthy feature at YouHodler is its capability to offer you loans. A financier could consider these financing chances as a means of hedging. Crucially, it provides you access to a flexible course to go into 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 huge part of the risk that accompanies financial investment choices.

 

YouHodler is certainly a leading gamer in this space– not least because it provides a top-rate loan-to-value ratio of as much as 90%. Surpassing its rivals, YouHodler accepts 15 different digital coins as security.

Users can receive both immediate cash 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 process that YouHodler has in place.

 

YouHodler provides you a couple of alternatives to pick how you wish to back your loan. You can make an application for a loan amount in fiat or Bitcoin– and you use several altcoins as security.

The preliminary application process works as follows:

Make a request using your crypto possessions as security
Quickly get an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
As soon as you repay the loan, you will right away get the collateral back, regardless of whether its value has actually increased.

As you can see from the above, the procedure is as smooth as it could be. The business does not carry out any credit score checks or require time to think about whether you are eligible for a loan. On the contrary, if you have enough security and a confirmed account, you are good to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has different packages for loans that include predefined terms.

    There are three choices for loan periods:.

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

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

    YouHodler provides the same rates of interest for all its users. As the community grows, the supplier hopes that its interest rates will also drop accordingly. YouHodler also has an affiliate program to motivate its users to welcome others to sign up with the platform to help accelerate this goal.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place numerous methods to keep your funds safe..
    Solid Insurance. Crypto possessions are insured for up to $150 million.
    Stablecoin Interest. YouHodler offers a few of the best interest rates for stablecoins.
    Special Functions. You’ll discover cool products 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 quite recent compared to its competitors.
    Currencies to Borrow. Depending on 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 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 financing.

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

    What if you might just deposit 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 also since it lends out its crypto on deposits.

    YouHodler is a cryptocurrency exchange that concentrates on crypto loaning and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Annualized Interest Rate Calculator Crypto

    The business’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 lots other countries.