How To Deposit Cryptocurrency – Limited time offer

Looking for How To Deposit Cryptocurrency…YouHodler is a Swiss-based business that acts as a crypto-backed loan company. Among its main concepts is that you can still HODL, without having to wait on a spike to sell.

It permits users to obtain fiat funds quickly, based on 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 advantageous feature would be the option to withdraw fiat to an individual bank account or personal charge card. Users can likewise hold their cryptocurrency in a YouHodler savings account.

It would not be far-fetched to consider YouHodler as a bank for your cryptocurrency. It is efficient and quick, allowing users to move their crypto properties with ease.

The platform concentrates on providing a well-rounded experience for its users. You will discover whatever that a crypto owner or a financier would possibly require. To put it simply, YouHodler uses a variety of services that lets you harness your digital possessions.

YouHodler Wallet

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

Is YouHodler legitimate? How To Deposit Cryptocurrency

Possibly the most noteworthy feature at YouHodler is its capability to offer you loans. An investor might think about these financing chances as a means of hedging. Crucially, it offers you access to a flexible course to get in 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 removes a huge part of the risk that accompanies financial 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 as much as 90%. Exceeding its competitors, 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 interest rates on crypto loans are fairly 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 location.

 

YouHodler gives you a couple of alternatives to pick how you want to back your loan. You can apply for a loan amount in fiat or Bitcoin– and you use multiple altcoins as security.

The preliminary application procedure works as follows:

Make a request utilizing your crypto properties as security
Immediately get an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you pay back the loan, you will immediately get the collateral back, regardless of whether its worth has actually 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 some time to consider whether you are qualified for a loan. On the contrary, if you have adequate security and a validated account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

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

    There are 3 choices for loan periods:.

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

    Your rate of interest is not figured out by the quantity of security that you installed. Rather, it depends on the type of strategy you pick.

    YouHodler offers the very same interest rate for all its users. As the community grows, the supplier hopes that its rate of interest will also drop appropriately. YouHodler also 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 many ways to keep your funds safe..
    Strong Insurance coverage. Crypto properties are guaranteed for as much as $150 million.
    Stablecoin Interest. YouHodler uses some of the best rate of interest for stablecoins.
    Distinct 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 period of your loans at any time.
    High LTV. The top 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 recent compared to its competitors.
    Currencies to Borrow. Depending upon the currencies you utilize as collateral, you can just receive loans in USD, EUR, GBP, and BTC..
    Year founded: 2018.
    Head office: 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, ASSOCIATE, and 15 other popular coins with the list growing.
    Type of service: Direct lending.

    Cryptocurrencies are unpredictable animals. To make a profit, you have to be good at trading them or just hold and hope your crypto gains in value. Since of volatility, neither technique is particularly simple to do.

    If you could just deposit your crypto someplace and make interest on it, what. In this manner, if the rate increases by a percentage or not at all, you can still make a profit. That’s what YouHodler does. It pays high interest on savings. Youhodler can deal with that likewise considering that it lends out its crypto on deposits if you’re in the market for a crypto-backed loan. 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 Deposit Cryptocurrency

    The business’s CEO is Ilya Volkov. YouHodler is a main Blockchain Association member of the Financial Commission. YouHodler is not available in the United States in addition to in about a lots other nations.