Looking for Youhodler 30M Series Valar Ventures 100Mstevensdecrypt…YouHodler is a Swiss-based company that serves as a crypto-backed loan provider. Among its main concepts is that you can still HODL, without needing to await a spike to sell.
It allows users to obtain fiat funds quickly, based on 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 useful feature would be the alternative to withdraw fiat to an individual checking 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 efficient and quick, enabling users to move their crypto assets with ease.
The platform focuses on delivering a well-rounded experience for its users. You will find everything that a crypto owner or an investor would perhaps require. In other words, YouHodler provides a range of services that lets you harness your digital assets.
YouHodler’s wallet is developed with simplicity and performance in mind. You can transfer your cryptocurrency, convert it to fiat, and hold the funds for investment purposes in your wallet. The company provides dedicated wallet styles for Bitcoin and over 14 other popular cryptocurrencies.
Is YouHodler legitimate? Youhodler 30M Series Valar Ventures 100Mstevensdecrypt
Maybe the most significant feature at YouHodler is its capability to provide you loans. A financier might consider these financing chances as a means of hedging. Crucially, it gives you access to a versatile course 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 threat that accompanies financial investment options.
YouHodler is unquestionably a leading gamer in this area– not least since it provides a top-rate loan-to-value ratio of approximately 90%. Exceeding its competitors, YouHodler accepts 15 different digital coins as security.
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 fairly 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 place.
YouHodler provides you a few alternatives to select how you want to back your loan. You can look for a loan amount in fiat or Bitcoin– and you utilize numerous altcoins as collateral.
The initial application procedure works as follows:
Make a request using your crypto assets as collateral
Immediately get an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
As soon as you pay back the loan, you will instantly get the security back, despite whether its value has increased.
As you can see from the above, the process is as seamless as it could be. The company does not perform any credit report checks or take some time to think about whether you are qualified for a loan. On the contrary, if you have adequate security and a verified account, you are good to go.
How do you get paid on YouHodler?
Loan Terms and Amounts.
YouHodler has different bundles for loans that feature predefined terms.
There are three options for loan periods:.
1 month– 90% LTV.
60 days– 70% LTV.
180 days– 50% LTV.
Your rate of interest is not identified by the amount of collateral that you put up. Rather, it depends upon the type of plan you select.
YouHodler uses the exact same rates of interest for all its users. As the community grows, the company hopes that its rates of interest will likewise drop appropriately. YouHodler also has an affiliate program to encourage its users to invite others to join the platform to help accelerate this objective.
Pros of YouHodler:.
Strong Security. YouHodler put in place numerous methods to keep your funds safe..
Strong Insurance. Crypto assets are guaranteed for up to $150 million.
Stablecoin Interest. YouHodler uses a few of the very best rate of interest for stablecoins.
Distinct Features. You’ll discover cool products such as the Multi HODL and the Turbocharge, which you will not discover anywhere else.
Versatile Terms. You can increase the period 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 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 offered to earn interest: Fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG).
Currencies offered for borrowing: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REPRESENTATIVE, and 15 other popular coins with the list growing.
Kind of service: Direct financing.
Cryptocurrencies are unstable animals. To earn a profit, you need to be proficient at trading them or simply hold and hope your crypto gains in worth. Neither technique is especially easy to do because of volatility.
If you could just transfer your crypto somewhere and earn interest on it, what. This way, if the cost boosts by a small amount or not at all, you can still make a profit. That’s what YouHodler does. It pays high interest on cost savings. If you’re in the market for a crypto-backed loan, Youhodler can handle that also given that it loans out its crypto on deposits. Let’s see how it works.
YouHodler is a cryptocurrency exchange that focuses on crypto lending and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler 30M Series Valar Ventures 100Mstevensdecrypt
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 in addition to in about a lots other countries.