Crypto Lending Platform Lender Own Coin – Limited time offer

Looking for Crypto Lending Platform Lender Own Coin…YouHodler is a Swiss-based business that serves as a crypto-backed loan provider. Among its main principles is that you can still HODL, without having to wait on a spike to offer.

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

The most beneficial 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 far-fetched to think about YouHodler as a bank for your cryptocurrency. It is fast and effective, allowing users to move their crypto possessions with ease.

The platform concentrates on delivering a well-rounded experience for its users. You will discover whatever that a crypto owner or a financier would perhaps need. In other words, YouHodler uses a range of services that lets you harness your digital properties.

YouHodler Wallet

YouHodler’s wallet is designed with simplicity and performance in mind. You can move your cryptocurrency, convert it to fiat, and hold the funds for financial investment purposes in your wallet. The company uses dedicated wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Crypto Lending Platform Lender Own Coin

Maybe the most noteworthy function at YouHodler is its capability to offer you loans. An investor might consider these financing opportunities as a means of hedging. Crucially, it offers you access to a versatile path to enter 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 eliminates a huge part of the danger that accompanies financial investment choices.

 

YouHodler is certainly a leading player in this area– not least because it provides a top-rate loan-to-value ratio of as much as 90%. Outpacing its competitors, YouHodler accepts 15 different digital coins as collateral.

Users can receive 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 rates of interest as low as 2.5%.

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

 

YouHodler gives you a few alternatives to select how you wish to back your loan. You can look for a loan amount in fiat or Bitcoin– and you utilize several altcoins as collateral.

The initial 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).
When you pay back the loan, you will immediately get the collateral back, despite 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 report checks or take time to consider whether you are eligible for a loan. On the contrary, if you have adequate collateral and a verified account, you are excellent to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

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

    There are three options for loan periods:.

    30 days– 90% LTV.
    60 days– 70% LTV.
    180 days– 50% LTV.

    Your rates of interest is not identified by the amount of security that you put up. Rather, it depends upon the kind of strategy you pick.

    YouHodler uses the very same rate of interest for all its users. As the community grows, the provider hopes that its rates of interest will also drop accordingly. YouHodler likewise has an affiliate program to encourage its users to welcome others to sign up with the platform to assist accelerate this goal.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place lots of ways to keep your funds safe..
    Strong Insurance coverage. Crypto assets are guaranteed for approximately $150 million.
    Stablecoin Interest. YouHodler provides a few of the very best interest rates for stablecoins.
    Special Functions. You’ll discover cool items such as the Multi HODL and the Turbocharge, which you won’t find anywhere else.
    Versatile Terms. You can increase the period of your loans at any time.
    High LTV. The top 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 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 readily available to earn interest: Fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG).
    Currencies offered for borrowing: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, ASSOCIATE, and 15 other popular coins with the list growing.
    Kind of service: Direct loaning.

    Cryptocurrencies are volatile animals. To make a profit, you need to be good at trading them or just hold and hope your crypto gains in worth. Since of volatility, neither method is especially easy to do.

    What if you could just deposit your crypto someplace and make interest on it. It pays high interest on savings. If you’re in the market for a crypto-backed loan, Youhodler can deal with that also because it loans out its crypto on deposits.

    YouHodler is a cryptocurrency exchange that focuses on crypto financing and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Crypto Lending Platform Lender Own Coin

    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 in addition to in about a lots other nations.