Gemini Dollar Crypto Backed Loans – Limited time offer

Looking for Gemini Dollar Crypto Backed Loans…YouHodler is a Swiss-based business that functions as a crypto-backed loan company. One of its primary concepts is that you can still HODL, without needing to await a spike to sell.

It permits users to borrow fiat funds quickly, based on the worth 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 choice to withdraw fiat to an individual savings account or individual credit card. Users can also hold their cryptocurrency in a YouHodler savings account.

It wouldn’t be far-fetched to consider YouHodler as a bank for your cryptocurrency. It is fast and effective, enabling users to transfer their crypto possessions with ease.

The platform focuses on providing a well-rounded experience for its users. You will find everything that a crypto owner or an investor would possibly require. Simply put, YouHodler uses a variety of services that lets you harness your digital properties.

YouHodler Wallet

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

Is YouHodler legitimate? Gemini Dollar Crypto Backed Loans

Perhaps the most noteworthy function at YouHodler is its ability to provide you loans. A financier might think about these funding chances as a means of hedging. Crucially, it offers you access to a versatile path to go into 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 choices.

 

YouHodler is undoubtedly a leading gamer in this space– not least since it uses a top-rate loan-to-value ratio of approximately 90%. Surpassing its rivals, 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 relatively 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 procedure that YouHodler has in place.

 

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

The preliminary application procedure works as follows:

Make a demand utilizing your crypto properties as security
Quickly receive an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you repay the loan, you will instantly get the collateral back, despite whether its worth 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 score checks or take some time to think about whether you are eligible for a loan. On the contrary, if you have adequate collateral and a validated account, you are good to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

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

    There are three options 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 collateral that you set up. Rather, it depends on the type of plan you choose.

    YouHodler offers the same rates of interest for all its users. As the neighborhood grows, the service provider hopes that its interest rates will likewise drop accordingly. YouHodler also has an affiliate program to encourage its users to welcome others to sign up with the platform to help accelerate this objective.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place lots of methods to keep your funds safe..
    Solid Insurance. Crypto assets are guaranteed for as much as $150 million.
    Stablecoin Interest. YouHodler provides a few 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 will not find anywhere else.
    Versatile Terms. You can increase the period of your loans at any time.
    High LTV. The leading 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 Obtain. Depending on the currencies you utilize as security, you can just receive loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Headquarters: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies available to earn interest: Fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG).
    Currencies readily available 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 unpredictable animals. To earn a profit, you need to be proficient at trading them or just hold and hope your crypto gains in worth. Neither approach is particularly easy to do because of volatility.

    What if you could simply transfer your crypto somewhere and earn 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 likewise since it lends out its crypto on deposits.

    YouHodler is a cryptocurrency exchange that specializes in crypto loaning and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Gemini Dollar Crypto Backed Loans

    The company’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.