How To Borrow Money Without Collateral – Limited time offer

Looking for How To Borrow Money Without Collateral…YouHodler is a Swiss-based business that acts as a crypto-backed loan company. Among its primary principles is that you can still HODL, without having to await a spike to sell.

It enables users to obtain fiat funds instantly, 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 helpful function would be the choice to withdraw fiat to an individual savings account or individual credit card. Users can likewise 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 effective and fast, allowing users to transfer their crypto assets with ease.

The platform focuses on delivering a well-rounded experience for its users. You will find whatever that a crypto owner or an investor would potentially need. In other words, YouHodler provides a range of services that lets you harness your digital possessions.

YouHodler Wallet

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

Is YouHodler legitimate? How To Borrow Money Without Collateral

Perhaps the most notable function at YouHodler is its ability to offer you loans. A financier could consider these funding chances as a means of hedging. Crucially, it offers 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 require it without touching your crypto portfolio at all. It gets rid of a huge part of the risk that accompanies investment choices.

 

YouHodler is certainly a leading player in this area– not least since it offers a top-rate loan-to-value ratio of as much as 90%. Exceeding 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 interest rates 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 location.

 

YouHodler gives you a couple of choices to pick how you want to back your loan. You can look for a loan quantity in fiat or Bitcoin– and you utilize numerous altcoins as collateral.

The preliminary application procedure works as follows:

Make a request using your crypto assets as security
Quickly get an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you pay back the loan, you will right away get the security back, despite whether its worth has actually increased.

As you can see from the above, the process is as smooth as it could be. The company does not perform any credit report checks or take time to think about whether you are qualified for a loan. On the contrary, if you have sufficient security and a validated account, you are excellent to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has various plans for loans that include 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 identified by the amount of security that you set up. Instead, it depends upon the kind of plan you select.

    YouHodler uses the very same rates of interest for all its users. As the community grows, the company hopes that its interest rates will likewise drop appropriately. YouHodler likewise 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 many methods to keep your funds safe..
    Strong Insurance coverage. Crypto properties are guaranteed for up to $150 million.
    Stablecoin Interest. YouHodler uses a few of the very best rates of interest for stablecoins.
    Distinct Features. 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 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 quite current compared to its competitors.
    Currencies to Obtain. Depending upon the currencies you utilize as security, you can only get loans in USD, EUR, GBP, and BTC..
    Year founded: 2018.
    Headquarters: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies available to make 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, REPRESENTATIVE, and 15 other popular coins with the list growing.
    Type of service: Direct lending.

    Cryptocurrencies are unpredictable animals. To make a profit, you need to be proficient at trading them or just hold and hope your crypto gains in worth. Neither technique is particularly easy to do because of volatility.

    If you could simply deposit your crypto somewhere and earn interest on it, what. By doing this, if the price increases by a percentage or not at all, you can still make a profit. That’s what YouHodler does. It pays high interest on cost savings. If you remain in the market 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. How To Borrow Money Without Collateral

    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 lots other nations.