Best Crypto Lending 2018 – Limited time offer

Looking for Best Crypto Lending 2018…YouHodler is a Swiss-based business that works as a crypto-backed loan company. One of its main concepts is that you can still HODL, without having to wait for a spike to sell.

It allows users to obtain fiat funds immediately, based on the worth of their cryptocurrency possession 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 option to withdraw fiat to an individual bank account or personal charge card. Users can likewise hold their cryptocurrency in a YouHodler savings account.

It wouldn’t be far-fetched to think about YouHodler as a bank for your cryptocurrency. It is effective and quick, permitting users to move their crypto possessions with ease.

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

YouHodler Wallet

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

Is YouHodler legitimate? Best Crypto Lending 2018

Perhaps the most noteworthy feature at YouHodler is its capability to offer you loans. An investor might think about these funding chances 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 credit line, you can get fiat when you need it without touching your crypto portfolio at all. It removes a big part of the threat that accompanies investment options.

 

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

Users can get both immediate cash loans and crypto loans in USD, EURO, GBP, CHF, and even in Bitcoin( BTC) and Tether( USDT). The interest rates 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 location.

 

YouHodler provides you a couple of options to select how you wish to back your loan. You can apply for a loan amount in fiat or Bitcoin– and you use multiple altcoins as collateral.

The preliminary application process works as follows:

Make a demand utilizing your crypto properties as collateral
Immediately receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you repay the loan, you will right away get the collateral back, regardless of whether its value has increased.

As you can see from the above, the process is as seamless as it could be. The business does not perform any credit score checks or take time to think about whether you are qualified for a loan. On the contrary, if you have adequate security and a confirmed account, you are good to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

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

    There are three alternatives for loan durations:.

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

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

    YouHodler provides the same rate of interest for all its users. As the community grows, the service provider hopes that its interest rates will likewise drop accordingly. YouHodler likewise has an affiliate program to encourage its users to invite others to join the platform to help accelerate this objective.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place many ways to keep your funds safe..
    Solid Insurance coverage. Crypto assets are guaranteed for approximately $150 million.
    Stablecoin Interest. YouHodler offers a few of the best interest rates for stablecoins.
    Special Functions. You’ll discover cool items 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 Borrow. Depending upon the currencies you utilize as security, 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 readily available to earn interest: Fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG).
    Currencies readily available for borrowing: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, ASSOCIATE, and 15 other popular coins with the list growing.
    Type of service: Direct lending.

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

    What if you could simply transfer your crypto somewhere and make interest on it. It pays high interest on cost savings. If you’re in the market for a crypto-backed loan, Youhodler can deal with that also because it loans out its crypto on deposits.

    YouHodler is a cryptocurrency exchange that specializes in crypto loaning and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Best Crypto Lending 2018

    The business’s CEO is Ilya Volkov. YouHodler is an official Blockchain Association member of the Financial Commission. YouHodler is not offered in the United States along with in about a lots other countries.