Crypto Loan Platform – Limited time offer

Looking for Crypto Loan Platform…YouHodler is a Swiss-based company that serves as a crypto-backed loan provider. One of its main principles is that you can still HODL, without needing to wait for a spike to sell.

It enables users to borrow fiat funds instantly, based upon the worth of their cryptocurrency asset holdings. Apart from that, one can convert crypto to crypto, crypto to fiat, and also engage with stablecoins.

The most helpful feature would be the option to withdraw fiat to an individual checking account or individual charge card. Users can also hold their cryptocurrency in a YouHodler savings account.

It would not be improbable to consider YouHodler as a bank for your cryptocurrency. It is effective and fast, permitting users to move their crypto assets with ease.

The platform concentrates on providing a well-rounded experience for its users. You will find whatever that a crypto owner or a financier would possibly require. Simply put, YouHodler offers a range of services that lets you harness your digital properties.

YouHodler Wallet

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

Is YouHodler legitimate? Crypto Loan Platform

Possibly the most notable function at YouHodler is its capability to offer you loans. An investor might consider these financing chances as a means of hedging. Most importantly, it offers you access to a versatile path to get in 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 big part of the threat that accompanies investment options.

 

YouHodler is undoubtedly 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%. Exceeding its rivals, 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 rate of interest as low as 2.5%.

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

 

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

The initial application procedure works as follows:

Make a request utilizing your crypto assets as security
Immediately receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you pay back the loan, you will right away get the collateral back, despite whether its value has actually increased.

As you can see from the above, the procedure is as smooth as it could be. The business does not perform any credit score checks or take some time to consider whether you are qualified for a loan. On the contrary, if you have sufficient collateral and a validated account, you are good to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has various bundles for loans that include predefined terms.

    There are three choices for loan durations:.

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

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

    YouHodler uses the very same rate of interest for all its users. As the community grows, the supplier hopes that its rates of interest will likewise drop appropriately. YouHodler likewise has an affiliate program to encourage its users to invite others to join the platform to help accelerate this goal.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place numerous ways to keep your funds safe..
    Strong Insurance coverage. Crypto properties are guaranteed for up to $150 million.
    Stablecoin Interest. YouHodler offers some of the very best rate of interest for stablecoins.
    Distinct Features. You’ll discover cool products 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 utilized as security 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 upon 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 readily available 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.
    Kind of service: Direct lending.

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

    If you might just transfer your crypto somewhere and make interest on it, what. By doing this, if the cost boosts by a percentage or not at all, you can still earn a profit. That’s what YouHodler does. It pays high interest on cost savings. If you remain in the marketplace for a crypto-backed loan, Youhodler can deal with that likewise since it loans out its crypto on deposits. Let’s see how it works.

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

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