Whofounded Youhodler Crypto – Limited time offer

Looking for Whofounded Youhodler Crypto…YouHodler is a Swiss-based company that serves as a crypto-backed loan service provider. One of its primary concepts is that you can still HODL, without needing to wait on a spike to sell.

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

The most beneficial function would be the choice to withdraw fiat to an individual bank account or personal 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 efficient, allowing users to transfer their crypto possessions with ease.

The platform concentrates on delivering a well-rounded experience for its users. You will find everything that a crypto owner or a financier would possibly need. In other words, YouHodler offers a range of services that lets you harness your digital assets.

YouHodler Wallet

YouHodler’s wallet is developed with simplicity and performance in mind. You can move your cryptocurrency, convert it to fiat, and hold the funds for financial investment purposes in your wallet. The business provides dedicated wallet styles for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Whofounded Youhodler Crypto

Possibly the most notable function at YouHodler is its capability to provide you loans. An investor might think about these financing opportunities as a means of hedging. Most importantly, it gives 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 need it without touching your crypto portfolio at all. It eliminates a huge part of the risk that accompanies investment options.

 

YouHodler is undoubtedly a leading gamer in this space– not least because it uses a top-rate loan-to-value ratio of up to 90%. Exceeding its rivals, YouHodler accepts 15 various digital coins as security.

Users can get both immediate money 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 rates of interest as low as 2.5%.

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

 

YouHodler gives you a few options to pick how you wish to back your loan. You can apply for a loan amount in fiat or Bitcoin– and you use numerous altcoins as security.

The initial application procedure works as follows:

Make a demand using your crypto properties as collateral
Quickly get an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
As soon as you repay the loan, you will instantly get the collateral back, regardless of whether its value has increased.

As you can see from the above, the procedure is as smooth as it could be. The company does not perform any credit history 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 verified account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has different packages for loans that include predefined terms.

    There are three alternatives for loan durations:.

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

    Your rates of interest is not determined by the amount of security that you put up. Rather, it depends on the kind of strategy you pick.

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

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place numerous methods to keep your funds safe..
    Strong Insurance. Crypto assets are guaranteed for as much as $150 million.
    Stablecoin Interest. YouHodler provides a few of the very best rate of interest for stablecoins.
    Special 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 collateral with 90% loan-to-value.

    Is CoinLoan safe?

     

    Cons of YouHodler:.
    Seniority. YouHodler was founded in 2018, which is rather recent compared to its competitors.
    Currencies to Borrow. Depending on the currencies you utilize as collateral, you can only get loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Headquarters: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies offered to make interest: Fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG).
    Currencies offered 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 unstable animals. To make a profit, you have to be proficient at trading them or simply hold and hope your crypto gains in worth. Since of volatility, neither approach is particularly simple to do.

    If you could simply transfer 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 earn a profit. That’s what YouHodler does. It pays high interest on cost savings. Youhodler can handle 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 specializes in crypto financing and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Whofounded Youhodler Crypto

    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 as well as in about a lots other countries.