How To Trade On Youhodler – Limited time offer

Looking for How To Trade On Youhodler…YouHodler is a Swiss-based company that functions as a crypto-backed loan provider. Among its primary ideas is that you can still HODL, without needing to wait on a spike to offer.

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

The most advantageous feature would be the option to withdraw fiat to an individual checking account or personal credit card. Users can also 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 fast and effective, permitting users to transfer their crypto possessions with ease.

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

YouHodler Wallet

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

Is YouHodler legitimate? How To Trade On Youhodler

Perhaps the most noteworthy feature at YouHodler is its ability to use you loans. A financier could think about these funding chances as a means of hedging. Most importantly, it provides you access to a versatile path to go into 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 huge part of the threat that accompanies investment choices.

 

YouHodler is undoubtedly a leading gamer in this area– not least due to the fact that it uses a top-rate loan-to-value ratio of approximately 90%. Exceeding its rivals, YouHodler accepts 15 various digital coins as collateral.

Users can get both immediate cash loans and crypto loans in USD, EURO, GBP, CHF, and even in Bitcoin( BTC) and Tether( USDT). The rates of interest on crypto loans are fairly reasonably at 12% APR. If you are taking out a short-term loan, you might get your interest rate as low as 2.5%.

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

 

YouHodler provides you a couple of options to select how you want to back your loan. You can obtain a loan quantity in fiat or Bitcoin– and you use multiple altcoins as collateral.

The preliminary application process works as follows:

Make a demand using your crypto properties as security
Immediately get an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you repay the loan, you will right away get the collateral back, despite whether its worth has actually increased.

As you can see from the above, the procedure is as seamless as it could be. The company does not carry out any credit history checks or take some time to consider whether you are qualified for a loan. On the contrary, if you have sufficient collateral and a verified account, you are good to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has various packages for loans that include predefined terms.

    There are three alternatives for loan periods:.

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

    Your interest rate is not identified by the quantity of security that you set up. Rather, it depends on the type of strategy you select.

    YouHodler offers the exact same rate of interest for all its users. As the community grows, the provider hopes that its interest rates will likewise drop appropriately. YouHodler likewise has an affiliate program to encourage its users to invite others to sign up with the platform to help accelerate this goal.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place many methods to keep your funds safe..
    Solid Insurance. Crypto possessions are guaranteed for up to $150 million.
    Stablecoin Interest. YouHodler provides a few of the very best rates 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.
    Flexible Terms. You can increase the duration of your loans at any time.
    High LTV. The leading 20 coins can be used 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 Borrow. Depending on the currencies you use as security, you can only receive loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Head office: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies readily 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, REP, and 15 other popular coins with the list growing.
    Kind of service: Direct lending.

    Cryptocurrencies are volatile animals. To earn a profit, you have to be proficient at trading them or simply hold and hope your crypto gains in worth. Neither method is especially easy to do because of volatility.

    What if you could just transfer your crypto someplace and earn interest on it. This way, if the rate increases by a small amount or not at all, you can still earn a profit. That’s what YouHodler does. It pays high interest on savings. Youhodler can deal with that likewise since it loans 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 Trade On Youhodler

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