Blockfi Lowers Interest Rates – Limited time offer

Looking for Blockfi Lowers Interest Rates…YouHodler is a Swiss-based business that acts as a crypto-backed loan company. One of its primary principles is that you can still HODL, without having to wait for a spike to sell. It enables users to borrow fiat funds quickly, based on the worth of their cryptocurrency property holdings. Apart from that, one can convert crypto to crypto, crypto to fiat, and also engage with stablecoins. The most helpful feature would be the option 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, enabling users to move their crypto assets with ease. The platform concentrates on providing a well-rounded experience for its users. You will discover whatever that a crypto owner or an investor would possibly require. In other words, YouHodler provides a range of services that lets you harness your digital properties. YouHodler Wallet YouHodler’s wallet is designed with simplicity and effectiveness 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? Blockfi Lowers Interest Rates

 

Maybe the most notable feature at YouHodler is its ability to provide you loans. A financier could consider these funding opportunities as a means of hedging. Crucially, it offers you access to a versatile path 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 gets rid of a huge part of the threat that accompanies investment choices.   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 as much as 90%. Surpassing its rivals, YouHodler accepts 15 different digital coins as collateral. Users can get both instant money 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 procedure that YouHodler has in location.   YouHodler provides you a couple of choices to choose how you want to back your loan. You can obtain a loan quantity in fiat or Bitcoin– and you utilize several altcoins as security. The preliminary application process works as follows: Make a demand utilizing your crypto possessions as security Instantly get an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin). Once you repay the loan, you will immediately get the security back, no matter whether its worth has increased. As you can see from the above, the procedure is as smooth as it could be. The company does not carry out any credit rating checks or take some 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 bundles for loans that include predefined terms. There are three options for loan durations:. 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 installed. Instead, it depends on the kind of plan you select. YouHodler provides the same rates 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 motivate 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 numerous methods to keep your funds safe.. Strong Insurance. Crypto assets are guaranteed for approximately $150 million. Stablecoin Interest. YouHodler offers a few of the best interest rates for stablecoins. Special Features. You’ll discover cool products such as the Multi HODL and the Turbocharge, which you won’t discover anywhere else. Flexible Terms. You can increase the duration of your loans at any time. High LTV. The leading 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 rather recent compared to its competitors. Currencies to Borrow. Depending on the currencies you use as security, you can just receive loans in USD, EUR, GBP, and BTC.. Year founded: 2018. Headquarters: Cyprus and Switzerland. Licenses: European Union Financial Commission. Currencies available 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, REP, and 15 other popular coins with the list growing. Type of service: Direct financing. Cryptocurrencies are unpredictable creatures. To make a profit, you need to be proficient at trading them or just hold and hope your crypto gains in worth. Neither technique is especially easy to do because of volatility. If you could simply deposit your crypto somewhere and earn interest on it, what. In this manner, if the price boosts by a percentage or not at all, you can still earn a profit. That’s what YouHodler does. It pays high interest on savings. If you remain in the marketplace for a crypto-backed loan, Youhodler can handle that also considering that it lends out its crypto on deposits. Let’s see how it works. YouHodler is a cryptocurrency exchange that focuses on crypto financing and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Blockfi Lowers Interest Rates 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 dozen other nations.