Bitcoin Loan In Nigeria – Limited time offer

Looking for Bitcoin Loan In Nigeria…YouHodler is a Swiss-based company that works as a crypto-backed loan provider. One of its main concepts is that you can still HODL, without having to await a spike to offer.

It enables users to borrow fiat funds immediately, based upon the worth of their cryptocurrency asset holdings. Apart from that, one can transform crypto to crypto, crypto to fiat, and also engage with stablecoins.

The most advantageous function would be the alternative to withdraw fiat to a personal bank account or personal 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 quick and effective, allowing users to move their crypto possessions with ease.

The platform concentrates on providing a well-rounded experience for its users. You will discover everything that a crypto owner or a financier would potentially need. To put it simply, YouHodler offers a range of services that lets you harness your digital assets.

YouHodler Wallet

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

Is YouHodler legitimate? Bitcoin Loan In Nigeria

Perhaps the most significant function at YouHodler is its ability to offer you loans. An investor could think about these financing opportunities as a means of hedging. Most importantly, it offers you access to a versatile course to enter 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 eliminates a huge part of the risk that accompanies financial investment options.

 

YouHodler is undoubtedly a leading player in this area– not least because it uses a top-rate loan-to-value ratio of approximately 90%. Exceeding its rivals, YouHodler accepts 15 different digital coins as collateral.

Users can get both instant 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 could get your rates of interest as low as 2.5%.

Now let’s break down the loan procedure that YouHodler has in place.

 

YouHodler provides you a couple of choices to choose how you wish to back your loan. You can obtain a loan quantity in fiat or Bitcoin– and you utilize multiple altcoins as collateral.

The initial application procedure works as follows:

Make a demand utilizing your crypto possessions as security
Immediately 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 worth has actually 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 eligible for a loan. On the contrary, if you have enough security and a validated account, you are excellent to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has different bundles for loans that feature predefined terms.

    There are 3 alternatives for loan durations:.

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

    Your interest rate is not figured out by the amount of security that you installed. Instead, it depends on the type of strategy you choose.

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

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place many ways to keep your funds safe..
    Strong Insurance coverage. Crypto assets are guaranteed for up to $150 million.
    Stablecoin Interest. YouHodler offers some of the best rates of interest for stablecoins.
    Unique Features. You’ll find cool items such as the Multi HODL and the Turbocharge, which you will not discover anywhere else.
    Versatile Terms. You can increase the period of your loans at any time.
    High LTV. The leading 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 competitors.
    Currencies to Borrow. Depending on the currencies you utilize as collateral, you can just receive loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Headquarters: 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.
    Kind of service: Direct lending.

    Cryptocurrencies are unpredictable animals. To make a profit, you need to be good at trading them or simply hold and hope your crypto gains in worth. Because of volatility, neither technique is especially easy to do.

    If you might just deposit your crypto someplace and make interest on it, what. 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 cost savings. If you’re in the marketplace for a crypto-backed loan, Youhodler can deal with that likewise because it lends out its crypto on deposits. Let’s see how it works.

    YouHodler is a cryptocurrency exchange that concentrates on crypto financing and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Bitcoin Loan In Nigeria

    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 in addition to in about a dozen other countries.