Youhodler App – Limited time offer

Looking for Youhodler App…YouHodler is a Swiss-based business that acts as a crypto-backed loan provider. One of its primary ideas is that you can still HODL, without having to wait on a spike to offer.

It allows users to borrow fiat funds immediately, 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 beneficial feature would be the option to withdraw fiat to a personal savings 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 efficient, permitting users to transfer their crypto possessions with ease.

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

YouHodler Wallet

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

Is YouHodler legitimate? Youhodler App

Possibly the most significant function at YouHodler is its ability to provide you loans. An investor could think about these financing opportunities as a means of hedging. Crucially, it offers you access to a versatile course to get in 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 big part of the risk that accompanies financial investment options.

 

YouHodler is certainly a leading gamer in this area– not least due to the fact that it provides a top-rate loan-to-value ratio of as much as 90%. Surpassing its competitors, YouHodler accepts 15 different digital coins as security.

Users can receive both instant 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 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 process that YouHodler has in location.

 

YouHodler offers you a couple of options to choose how you want to back your loan. You can make an application for a loan amount in fiat or Bitcoin– and you utilize multiple altcoins as security.

The initial application process works as follows:

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

As you can see from the above, the process is as smooth as it could be. The company does not carry out any credit rating checks or take time to consider whether you are eligible for a loan. On the contrary, if you have sufficient security and a verified account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

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

    There are 3 alternatives for loan durations:.

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

    Your rate of interest is not identified by the quantity of collateral that you installed. Rather, it depends on the type of plan you select.

    YouHodler provides the exact same rate of interest for all its users. As the neighborhood grows, the service provider hopes that its interest rates will likewise drop accordingly. YouHodler also has an affiliate program to motivate its users to welcome others to sign up with the platform to help accelerate this objective.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place lots of ways to keep your funds safe..
    Solid Insurance coverage. Crypto assets are insured for approximately $150 million.
    Stablecoin Interest. YouHodler provides a few of the very best rate of interest for stablecoins.
    Distinct Features. 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 leading 20 coins can be utilized as collateral with 90% loan-to-value.

    Is CoinLoan safe?

     

    Cons of YouHodler:.
    Seniority. YouHodler was founded in 2018, which is quite current compared to its rivals.
    Currencies to Obtain. Depending upon the currencies you use as collateral, you can just get loans in USD, EUR, GBP, and BTC..
    Year founded: 2018.
    Head office: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies readily available to earn 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 financing.

    Cryptocurrencies are unstable animals. To make a profit, you need to be good 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 might simply transfer your crypto somewhere and make 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 focuses on crypto lending and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler App

    The company’s CEO is Ilya Volkov. YouHodler is a main Blockchain Association member of the Financial Commission. YouHodler is not offered in the United States as well as in about a lots other countries.