Crypto Lending Interest Rate – Limited time offer

Looking for Crypto Lending Interest Rate…YouHodler is a Swiss-based company that works as a crypto-backed loan provider. One of its main principles is that you can still HODL, without having to wait on a spike to sell.

It allows users to borrow fiat funds immediately, based on the value of their cryptocurrency asset holdings. Apart from that, one can transform crypto to crypto, crypto to fiat, and likewise engage with stablecoins.

The most useful feature would be the option to withdraw fiat to a personal checking account or individual charge 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 quick and efficient, allowing users to move their crypto properties 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 perhaps require. Simply put, YouHodler provides a variety of services that lets you harness your digital assets.

YouHodler Wallet

YouHodler’s wallet is designed with simpleness and effectiveness in mind. You can move your cryptocurrency, transform it to fiat, and hold the funds for investment purposes in your wallet. The company offers dedicated wallet styles for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Crypto Lending Interest Rate

Possibly the most notable function at YouHodler is its ability to offer you loans. An investor could think about these funding chances as a means of hedging. Crucially, it provides you access to a flexible course 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 eliminates a big part of the danger that accompanies investment options.

 

YouHodler is unquestionably a leading player in this space– not least because it provides a top-rate loan-to-value ratio of up to 90%. Outmatching its rivals, YouHodler accepts 15 various digital coins as collateral.

Users can get both instantaneous cash 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 might get your rate of interest as low as 2.5%.

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

 

YouHodler offers you a couple of alternatives to select how you wish to back your loan. You can get a loan quantity in fiat or Bitcoin– and you utilize multiple altcoins as security.

The preliminary application process works as follows:

Make a request using your crypto possessions as collateral
Instantly get an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you repay the loan, you will instantly get the collateral back, despite whether its value 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 report checks or require time to consider whether you are eligible for a loan. On the contrary, if you have enough collateral and a verified account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has different packages for loans that feature predefined terms.

    There are three alternatives for loan durations:.

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

    Your rates of interest is not identified by the quantity of security that you put up. Rather, it depends on the type of strategy you select.

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

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place lots of ways to keep your funds safe..
    Solid Insurance coverage. Crypto assets are guaranteed for as much as $150 million.
    Stablecoin Interest. YouHodler offers some of the very best rates of interest for stablecoins.
    Unique Functions. You’ll find cool products such as the Multi HODL and the Turbocharge, which you won’t discover anywhere else.
    Flexible Terms. You can increase the period of your loans at any time.
    High LTV. The top 20 coins can be utilized 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 competitors.
    Currencies to Borrow. Depending on the currencies you use as security, you can only receive loans in USD, EUR, GBP, and BTC..
    Year founded: 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 borrowing: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REPRESENTATIVE, and 15 other popular coins with the list growing.
    Type of service: Direct lending.

    Cryptocurrencies are unstable creatures. To make a profit, you have 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.

    What if you could just transfer your crypto someplace 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 manage that also given that it loans out its crypto on deposits.

    YouHodler is a cryptocurrency exchange that concentrates on crypto financing and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Crypto Lending Interest Rate

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