Youhodler Bitcoin Rewards Credit Card Reddit – Limited time offer

Looking for Youhodler Bitcoin Rewards Credit Card Reddit…YouHodler is a Swiss-based business that works as a crypto-backed loan provider. Among 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 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 advantageous function would be the choice to withdraw fiat to a personal checking account or individual credit card. Users can likewise 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 effective and fast, permitting users to transfer their crypto assets 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 perhaps need. To put it simply, YouHodler offers a range of services that lets you harness your digital possessions.

YouHodler Wallet

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

Is YouHodler legitimate? Youhodler Bitcoin Rewards Credit Card Reddit

Perhaps the most notable feature at YouHodler is its capability to offer you loans. An investor could consider these financing opportunities as a means of hedging. Crucially, it offers you access to a versatile path to enter 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 choices.

 

YouHodler is unquestionably a leading player in this area– not least since it uses 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 get both immediate cash 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 could get your rates of interest as low as 2.5%.

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

 

YouHodler gives you a few options to choose how you wish to back your loan. You can get a loan amount in fiat or Bitcoin– and you utilize numerous altcoins as security.

The initial application procedure works as follows:

Make a demand utilizing your crypto properties as security
Immediately receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you repay the loan, you will immediately get the collateral 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 rating checks or require time to think about whether you are eligible for a loan. On the contrary, if you have sufficient security and a confirmed account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has various plans for loans that include predefined terms.

    There are three alternatives for loan periods:.

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

    Your rates of interest is not identified by the amount of security that you installed. Rather, it depends upon the type of plan you pick.

    YouHodler offers the exact same rates of interest for all its users. As the community grows, the company hopes that its interest rates will also drop accordingly. 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 ways to keep your funds safe..
    Solid Insurance. Crypto possessions are insured for approximately $150 million.
    Stablecoin Interest. YouHodler offers a few of the best rates of interest for stablecoins.
    Special Functions. You’ll find cool products 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 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 on the currencies you utilize as security, you can only get loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Headquarters: 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 readily 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 loaning.

    Cryptocurrencies are unstable animals. To earn a profit, you have to be good at trading them or simply hold and hope your crypto gains in value. Because of volatility, neither method is particularly easy to do.

    What if you might simply deposit your crypto somewhere and earn interest on it. In this manner, 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 savings. Youhodler can deal with that likewise because it lends 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 focuses on crypto loaning and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler Bitcoin Rewards Credit Card Reddit

    The business’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 nations.