Loan Using Bitcoin As Collateral – Limited time offer

Looking for Loan Using Bitcoin As Collateral…YouHodler is a Swiss-based business that works as a crypto-backed loan provider. Among its main concepts is that you can still HODL, without needing to wait for a spike to offer.

It enables users to borrow fiat funds instantly, based on the value of their cryptocurrency possession holdings. Apart from that, one can transform crypto to crypto, crypto to fiat, and also engage with stablecoins.

The most useful function would be the choice 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 far-fetched to think about YouHodler as a bank for your cryptocurrency. It is fast and efficient, allowing users to move their crypto properties with ease.

The platform focuses on providing a well-rounded experience for its users. You will find whatever that a crypto owner or a financier would potentially need. Simply put, YouHodler offers a variety of services that lets you harness your digital possessions.

YouHodler Wallet

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

Is YouHodler legitimate? Loan Using Bitcoin As Collateral

Possibly the most noteworthy function at YouHodler is its capability to offer you loans. A financier could think about these financing chances as a means of hedging. Crucially, it gives you access to a flexible 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 eliminates a huge part of the danger that accompanies financial investment choices.

 

YouHodler is certainly a leading player in this space– not least since it offers a top-rate loan-to-value ratio of up to 90%. Surpassing 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 could 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 few choices to choose how you wish to back your loan. You can obtain a loan quantity in fiat or Bitcoin– and you use numerous altcoins as collateral.

The preliminary application process works as follows:

Make a request using your crypto properties as collateral
Quickly get an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you pay back the loan, you will immediately get the security back, no matter whether its value has actually increased.

As you can see from the above, the procedure is as smooth as it could be. The business does not carry out any credit history checks or take time to consider whether you are qualified for a loan. On the contrary, if you have enough security and a validated account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has different bundles for loans that feature predefined terms.

    There are 3 choices for loan durations:.

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

    Your rates of interest is not figured out by the quantity of security that you put up. Instead, it depends upon the type of strategy you select.

    YouHodler uses the exact same rates of interest for all its users. As the community grows, the provider hopes that its rate of interest will likewise drop accordingly. YouHodler likewise has an affiliate program to motivate its users to welcome others to join the platform to help accelerate this objective.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place many ways to keep your funds safe..
    Strong Insurance. Crypto possessions are guaranteed for as much as $150 million.
    Stablecoin Interest. YouHodler provides some of the best interest rates for stablecoins.
    Special Functions. You’ll find cool products such as the Multi HODL and the Turbocharge, which you will not discover anywhere else.
    Flexible Terms. You can increase the period of your loans at any time.
    High LTV. The top 20 coins can be utilized 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 Borrow. Depending upon the currencies you utilize as collateral, 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 available to make interest: Fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG).
    Currencies readily available for loaning: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REP, and 15 other popular coins with the list growing.
    Type of service: Direct lending.

    Cryptocurrencies are volatile animals. To make a profit, you have to be good at trading them or simply hold and hope your crypto gains in worth. Since of volatility, neither technique is especially easy to do.

    What if you might simply deposit 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 handle that likewise given that it loans out its crypto on deposits.

    YouHodler is a cryptocurrency exchange that concentrates on crypto lending and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Loan Using Bitcoin As Collateral

    The business’s CEO is Ilya Volkov. YouHodler is a main Blockchain Association member of the Financial Commission. YouHodler is not readily available in the United States along with in about a dozen other nations.