Looking for Cant Login Youhodler User Not Confirmed…YouHodler is a Swiss-based company that works as a crypto-backed loan company. One of its main principles is that you can still HODL, without having to wait on a spike to sell.
It enables users to borrow fiat funds instantly, based on 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 a personal savings account or individual credit card. Users can likewise 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 quick and efficient, enabling users to move their crypto possessions with ease.
The platform focuses on delivering a well-rounded experience for its users. You will find whatever that a crypto owner or an investor would potentially need. Simply put, YouHodler provides a range of services that lets you harness your digital possessions.
YouHodler’s wallet is created with simpleness and efficiency in mind. You can transfer your cryptocurrency, transform it to fiat, and hold the funds for financial investment purposes in your wallet. The company offers devoted wallet designs for Bitcoin and over 14 other popular cryptocurrencies.
Is YouHodler legitimate? Cant Login Youhodler User Not Confirmed
Perhaps the most significant function at YouHodler is its capability to provide you loans. An investor could consider these financing chances as a means of hedging. Most importantly, it gives you access to a flexible course to get in the cryptocurrency trading markets.
With a crypto-backed line of credit, 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 financial investment options.
YouHodler is undoubtedly a leading gamer in this area– not least because it uses a top-rate loan-to-value ratio of up to 90%. Outpacing its competitors, YouHodler accepts 15 different digital coins as collateral.
Users can get both instantaneous money loans and crypto loans in USD, EURO, GBP, CHF, and even in Bitcoin( BTC) and Tether( USDT). The rate of interest on crypto loans are relatively 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 location.
YouHodler offers you a few alternatives to choose how you want to back your loan. You can make an application for a loan amount in fiat or Bitcoin– and you utilize numerous altcoins as collateral.
The initial application process works as follows:
Make a demand utilizing your crypto possessions as collateral
Instantly receive an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you repay the loan, you will instantly get the collateral back, regardless of whether its worth has increased.
As you can see from the above, the procedure is as seamless as it could be. The business does not carry out any credit report checks or take some 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 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 choices for loan durations:.
One month– 90% LTV.
60 days– 70% LTV.
180 days– 50% LTV.
Your rate of interest is not identified by the amount of collateral that you set up. Instead, it depends upon the type of strategy you select.
YouHodler provides the same rates of interest for all its users. As the neighborhood grows, the provider hopes that its interest rates will also drop accordingly. YouHodler also has an affiliate program to motivate its users to welcome others to join the platform to assist accelerate this objective.
Pros of YouHodler:.
Strong Security. YouHodler put in place many methods to keep your funds safe..
Strong Insurance. Crypto assets are guaranteed for up to $150 million.
Stablecoin Interest. YouHodler offers a few of the very best rates of interest for stablecoins.
Unique Functions. You’ll find cool items such as the Multi HODL and the Turbocharge, which you won’t find anywhere else.
Versatile Terms. You can increase the duration of your loans at any time.
High LTV. The leading 20 coins can be used as collateral with 90% loan-to-value.
Is CoinLoan safe?
Cons of YouHodler:.
Seniority. YouHodler was founded in 2018, which is quite recent compared to its rivals.
Currencies to Borrow. Depending on the currencies you utilize as collateral, you can only get loans in USD, EUR, GBP, and BTC..
Year founded: 2018.
Headquarters: 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 offered for loaning: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REP, and 15 other popular coins with the list growing.
Kind of service: Direct loaning.
Cryptocurrencies are unpredictable animals. To make a profit, you have to be proficient at trading them or just hold and hope your crypto gains in value. Neither approach is particularly easy to do because of volatility.
What if you might just transfer your crypto someplace and earn interest on it. This way, if the rate increases by a percentage or not at all, you can still make 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 manage that also considering that it lends out its crypto on deposits. Let’s see how it works.
YouHodler is a cryptocurrency exchange that specializes in crypto loaning and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Cant Login Youhodler User Not Confirmed
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 in addition to in about a dozen other nations.