Blockfi Wiki – Limited time offer

Looking for Blockfi Wiki…YouHodler is a Swiss-based business that acts as a crypto-backed loan provider. Among its main concepts is that you can still HODL, without needing to wait on a spike to sell. It permits users to borrow fiat funds immediately, based upon the worth of their cryptocurrency possession holdings. Apart from that, one can transform crypto to crypto, crypto to fiat, and likewise engage with stablecoins. The most helpful feature would be the choice to withdraw fiat to an individual checking account or personal credit card. Users can also hold their cryptocurrency in a YouHodler savings account. It wouldn’t be improbable to consider YouHodler as a bank for your cryptocurrency. It is efficient and quick, enabling users to transfer their crypto possessions with ease. The platform concentrates on delivering a well-rounded experience for its users. You will find everything that a crypto owner or a financier would potentially need. To put it simply, YouHodler provides a variety of services that lets you harness your digital properties. YouHodler Wallet YouHodler’s wallet is developed with simpleness and effectiveness in mind. You can transfer your cryptocurrency, convert it to fiat, and hold the funds for financial investment purposes in your wallet. The business uses dedicated wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Blockfi Wiki

 

Possibly the most noteworthy feature at YouHodler is its ability to provide you loans. An investor could consider these financing opportunities as a means of hedging. Crucially, it gives you access to a flexible path to enter the cryptocurrency trading markets. With a crypto-backed credit line, you can get fiat when you require it without touching your crypto portfolio at all. It removes a huge part of the risk that accompanies investment choices.   YouHodler is certainly a leading player in this space– not least due to the fact that it offers a top-rate loan-to-value ratio of up to 90%. Surpassing its rivals, YouHodler accepts 15 different digital coins as security. Users can receive 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 relatively reasonably at 12% APR. If you are taking out a short-term loan, you might get your rates of interest 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 pick how you want to back your loan. You can obtain a loan amount in fiat or Bitcoin– and you use several altcoins as security. The preliminary application procedure works as follows: Make a request utilizing your crypto properties as collateral Quickly receive an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin). When you pay back the loan, you will instantly get the security back, regardless of whether its worth has increased. As you can see from the above, the process is as seamless as it could be. The company does not perform any credit rating checks or take time to consider whether you are eligible for a loan. On the contrary, if you have enough collateral and a validated account, you are good to go.  

How do you get paid on YouHodler?

 
  • Loan Terms and Quantities. YouHodler has various plans for loans that come with predefined terms. There are 3 options for loan periods:. Thirty days– 90% LTV. 60 days– 70% LTV. 180 days– 50% LTV. Your interest rate is not determined by the quantity of collateral that you put up. Rather, it depends upon the type of plan you choose. YouHodler provides the exact same rates of interest for all its users. As the community grows, the supplier hopes that its interest rates will likewise drop accordingly. YouHodler likewise has an affiliate program to encourage its users to welcome others to sign up with the platform to help accelerate this objective.   Pros of YouHodler:. Strong Security. YouHodler put in place many ways to keep your funds safe.. Strong Insurance. Crypto properties are guaranteed for approximately $150 million. Stablecoin Interest. YouHodler uses a few of the very best rate of interest for stablecoins. Special Features. You’ll discover 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 used as security with 90% loan-to-value.

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      Cons of YouHodler:. Seniority. YouHodler was founded in 2018, which is quite current compared to its competitors. Currencies to Obtain. Depending on the currencies you use as security, you can just get loans in USD, EUR, GBP, and BTC.. Year founded: 2018. Headquarters: Cyprus and Switzerland. Licenses: European Union Financial Commission. Currencies offered to earn interest: Fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG). Currencies available for borrowing: 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 animals. To make a profit, you need to be proficient at trading them or just hold and hope your crypto gains in worth. Due to the fact that of volatility, neither method is especially easy to do. What if you could just deposit your crypto someplace and make interest on it. This way, if the cost increases 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’re in the market for a crypto-backed loan, Youhodler can manage that also since it loans out its crypto on deposits. Let’s see how it works. YouHodler is a cryptocurrency exchange that concentrates on crypto loaning and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Blockfi Wiki 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 as well as in about a dozen other countries.