Blockfy Flex – Limited time offer

Looking for Blockfy Flex…YouHodler is a Swiss-based business that acts as a crypto-backed loan company. One of its main principles is that you can still HODL, without having to await a spike to sell.

It enables users to obtain fiat funds instantly, 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 beneficial function would be the alternative to withdraw fiat to an individual savings account or personal credit card. Users can also hold their cryptocurrency in a YouHodler savings account.

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

The platform focuses on providing a well-rounded experience for its users. You will discover whatever that a crypto owner or an investor would potentially need. To put it simply, 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 transfer your cryptocurrency, convert 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? Blockfy Flex

Perhaps the most notable function at YouHodler is its ability to provide you loans. An investor could think about these financing opportunities as a means of hedging. Crucially, it provides you access to a flexible path to go into 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 removes a huge part of the danger that accompanies investment choices.

 

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

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 rate of interest as low as 2.5%.

Now let’s break down the loan process that YouHodler has in location.

 

YouHodler provides you a few choices to pick how you want to back your loan. You can apply for a loan quantity in fiat or Bitcoin– and you use numerous altcoins as collateral.

The initial application process works as follows:

Make a request using your crypto properties as collateral
Immediately get an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you repay the loan, you will instantly get the security back, no matter whether its value has actually 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 require time to consider whether you are qualified for a loan. On the contrary, if you have sufficient security and a validated account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

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

    There are three options for loan periods:.

    One month– 90% LTV.
    60 days– 70% LTV.
    180 days– 50% LTV.

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

    YouHodler provides the same rate of interest for all its users. As the neighborhood grows, the company hopes that its interest rates will also drop accordingly. YouHodler likewise has an affiliate program to motivate its users to invite others to join the platform to assist accelerate this objective.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place numerous methods to keep your funds safe..
    Solid Insurance coverage. Crypto assets are guaranteed for as much as $150 million.
    Stablecoin Interest. YouHodler provides a few of the best rates of interest for stablecoins.
    Special Functions. You’ll find cool items such as the Multi HODL and the Turbocharge, which you won’t find anywhere else.
    Flexible 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 rather recent compared to its rivals.
    Currencies to Borrow. Depending upon the currencies you use as security, you can only get loans in USD, EUR, GBP, and BTC..
    Year established: 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 available for loaning: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REPRESENTATIVE, and 15 other popular coins with the list growing.
    Kind of service: Direct financing.

    Cryptocurrencies are unstable animals. To make a profit, you have to be proficient at trading them or just hold and hope your crypto gains in value. Because of volatility, neither approach is particularly simple to do.

    What if you might simply transfer your crypto somewhere 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 handle that likewise considering that it lends out its crypto on deposits.

    YouHodler is a cryptocurrency exchange that specializes in crypto financing and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Blockfy Flex

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