Gemini App Fees – Limited time offer

Looking for Gemini App Fees…YouHodler is a Swiss-based company that works as a crypto-backed loan service provider. Among its primary principles is that you can still HODL, without having to wait for a spike to sell.

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

The most advantageous function would be the option to withdraw fiat to a personal bank account or personal charge card. Users can likewise hold their cryptocurrency in a YouHodler savings account.

It would not be improbable to think about YouHodler as a bank for your cryptocurrency. It is effective and quick, permitting users to transfer their crypto assets with ease.

The platform focuses on delivering a well-rounded experience for its users. You will discover everything that a crypto owner or a financier would perhaps need. To put it simply, YouHodler uses a range of services that lets you harness your digital properties.

YouHodler Wallet

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

Is YouHodler legitimate? Gemini App Fees

Possibly the most notable feature at YouHodler is its capability to provide you loans. A financier might think about these financing opportunities as a means of hedging. Crucially, it gives you access to a flexible 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 gets rid of a big part of the risk that accompanies investment choices.

 

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

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 fairly reasonably at 12% APR. If you are taking out a short-term loan, you could get your interest rate as low as 2.5%.

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

 

YouHodler gives you a couple of options to choose how you want to back your loan. You can get a loan amount in fiat or Bitcoin– and you utilize multiple altcoins as collateral.

The preliminary application procedure works as follows:

Make a demand utilizing your crypto assets as collateral
Quickly receive an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
As soon as you pay back the loan, you will right away get the security back, despite whether its value 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 rating checks or take time to consider whether you are qualified for a loan. On the contrary, if you have enough security and a verified account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has different bundles for loans that include predefined terms.

    There are three choices for loan periods:.

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

    Your interest rate is not determined by the amount of security that you set up. Instead, it depends on the type of plan you choose.

    YouHodler uses the same interest rate for all its users. As the community grows, the company hopes that its rates of interest 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 numerous methods to keep your funds safe..
    Solid Insurance. Crypto assets are insured for as much as $150 million.
    Stablecoin Interest. YouHodler provides a few of the best rate of interest for stablecoins.
    Special Features. 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 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 Obtain. Depending on the currencies you use as security, you can just get loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Head office: 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 loaning: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, ASSOCIATE, and 15 other popular coins with the list growing.
    Kind of service: Direct lending.

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

    What if you could just 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 deal with that also since it lends 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. Gemini App Fees

    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 along with in about a lots other countries.