Youhodler Deposit Insurance – Limited time offer

Looking for Youhodler Deposit Insurance…YouHodler is a Swiss-based company that serves as a crypto-backed loan provider. One of its main ideas is that you can still HODL, without needing to wait on a spike to sell.

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

The most advantageous feature would be the option to withdraw fiat to an individual savings account or personal charge card. Users can also hold their cryptocurrency in a YouHodler savings account.

It would not be improbable to consider YouHodler as a bank for your cryptocurrency. It is effective and quick, allowing users to transfer their crypto possessions with ease.

The platform focuses on providing a well-rounded experience for its users. You will discover everything that a crypto owner or a financier would possibly require. Simply put, YouHodler provides a range of services that lets you harness your digital assets.

YouHodler Wallet

YouHodler’s wallet is designed with simpleness and effectiveness in mind. You can transfer your cryptocurrency, convert it to fiat, and hold the funds for financial investment purposes in your wallet. The company uses devoted wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Youhodler Deposit Insurance

Maybe the most notable function at YouHodler is its capability to use you loans. An investor could think about these funding chances as a means of hedging. Most importantly, it offers you access to a flexible course to enter the cryptocurrency trading markets.

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

 

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

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

The preliminary application process works as follows:

Make a demand utilizing your crypto assets as collateral
Quickly get an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you pay back the loan, you will instantly get the collateral back, despite whether its worth has increased.

As you can see from the above, the procedure is as seamless as it could be. The company does not perform any credit history checks or take time to think about whether you are qualified for a loan. On the contrary, if you have adequate security and a confirmed account, you are good to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has various plans for loans that include predefined terms.

    There are three choices for loan periods:.

    Thirty days– 90% LTV.
    60 days– 70% LTV.
    180 days– 50% LTV.

    Your interest rate is not identified by the amount of collateral that you put up. Instead, it depends upon the kind of strategy you select.

    YouHodler provides the very same rate of interest for all its users. As the neighborhood grows, the service provider hopes that its interest rates will likewise drop appropriately. 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 properties are guaranteed for approximately $150 million.
    Stablecoin Interest. YouHodler offers a few of the best interest rates for stablecoins.
    Special Features. You’ll discover cool products such as the Multi HODL and the Turbocharge, which you won’t find anywhere else.
    Versatile Terms. You can increase the duration of your loans at any time.
    High LTV. The leading 20 coins can be utilized as security with 90% loan-to-value.

    Is CoinLoan safe?

     

    Cons of YouHodler:.
    Seniority. YouHodler was founded in 2018, which is rather current compared to its rivals.
    Currencies to Borrow. Depending on the currencies you utilize as collateral, you can only get loans in USD, EUR, GBP, and BTC..
    Year founded: 2018.
    Head office: 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 loaning.

    Cryptocurrencies are unpredictable creatures. To make a profit, you need to be good at trading them or just hold and hope your crypto gains in worth. Neither technique is especially easy to do because of volatility.

    What if you might simply transfer your crypto someplace and earn interest on it. It pays high interest on cost savings. If you’re in the market for a crypto-backed loan, Youhodler can manage that likewise considering that it lends out its crypto on deposits.

    YouHodler is a cryptocurrency exchange that specializes in crypto loaning and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler Deposit Insurance

    The company’s CEO is Ilya Volkov. YouHodler is an official Blockchain Association member of the Financial Commission. YouHodler is not offered in the United States in addition to in about a dozen other countries.