Youhodler Data Breach Reddit – Limited time offer

Looking for Youhodler Data Breach Reddit…YouHodler is a Swiss-based company that acts as a crypto-backed loan company. Among its main principles is that you can still HODL, without needing to await a spike to sell.

It permits users to borrow fiat funds quickly, based on the value of their cryptocurrency asset 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 charge card. Users can also hold their cryptocurrency in a YouHodler savings account.

It wouldn’t be improbable to think about YouHodler as a bank for your cryptocurrency. It is effective and fast, allowing users to move their crypto properties 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 potentially require. Simply put, YouHodler uses a range of services that lets you harness your digital properties.

YouHodler Wallet

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

Is YouHodler legitimate? Youhodler Data Breach Reddit

Maybe the most notable feature at YouHodler is its ability to provide you loans. An investor could consider these financing chances as a means of hedging. Most importantly, it offers you access to a flexible path to enter the cryptocurrency trading markets.

With a crypto-backed line of credit, you can get fiat when you need it without touching your crypto portfolio at all. It gets rid of a big part of the threat that accompanies financial investment options.

 

YouHodler is undoubtedly a leading gamer in this area– not least due to the fact that it uses a top-rate loan-to-value ratio of up to 90%. Outmatching its rivals, YouHodler accepts 15 different digital coins as collateral.

Users can get both immediate cash loans and crypto loans in USD, EURO, GBP, CHF, and even in Bitcoin( BTC) and Tether( USDT). The rates of interest on crypto loans are fairly reasonably at 12% APR. If you are taking out a short-term loan, you might get your rate 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 alternatives to select how you wish to back your loan. You can get a loan quantity in fiat or Bitcoin– and you utilize multiple altcoins as security.

The initial application procedure works as follows:

Make a request using your crypto properties as security
Instantly receive an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you pay back the loan, you will instantly get the collateral back, regardless of whether its worth has actually increased.

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

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has various plans 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 rate of interest is not figured out by the quantity of collateral that you set up. Instead, it depends on the type of strategy you select.

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

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place numerous methods to keep your funds safe..
    Solid Insurance. Crypto assets are insured for up to $150 million.
    Stablecoin Interest. YouHodler offers some of the best rate of interest for stablecoins.
    Unique Functions. You’ll find cool items such as the Multi HODL and the Turbocharge, which you will not find anywhere else.
    Flexible Terms. You can increase the duration of your loans at any time.
    High LTV. The top 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 current compared to its competitors.
    Currencies to Obtain. Depending upon the currencies you use as collateral, you can just 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 borrowing: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REP, and 15 other popular coins with the list growing.
    Type of service: Direct financing.

    Cryptocurrencies are unpredictable animals. To earn a profit, you have to be proficient at trading them or simply hold and hope your crypto gains in value. Neither technique is especially easy to do because of volatility.

    What if you could simply deposit your crypto somewhere and make interest on it. In this manner, if the price increases by a small amount or not at all, you can still earn a profit. That’s what YouHodler does. It pays high interest on savings. If you’re in the marketplace for a crypto-backed loan, Youhodler can handle that also since it loans out its crypto on deposits. 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 Data Breach 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 dozen other nations.