Looking for Youhodler Deutsch…YouHodler is a Swiss-based business that works as a crypto-backed loan company. One of its main concepts is that you can still HODL, without needing to wait for a spike to offer.
It enables users to borrow fiat funds immediately, based upon the worth of their cryptocurrency property holdings. Apart from that, one can convert crypto to crypto, crypto to fiat, and likewise engage with stablecoins.
The most helpful feature would be the alternative to withdraw fiat to an individual savings account or personal credit card. Users can also hold their cryptocurrency in a YouHodler savings account.
It wouldn’t be far-fetched to think about YouHodler as a bank for your cryptocurrency. It is fast and efficient, permitting users to move their crypto possessions with ease.
The platform focuses on delivering a well-rounded experience for its users. You will discover everything that a crypto owner or an investor would potentially need. In other words, YouHodler provides a range of services that lets you harness your digital possessions.
YouHodler’s wallet is created with simplicity and performance 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 designs for Bitcoin and over 14 other popular cryptocurrencies.
Is YouHodler legitimate? Youhodler Deutsch
Possibly the most noteworthy feature at YouHodler is its ability to offer you loans. An investor might consider these financing chances as a means of hedging. Crucially, it offers you access to a flexible 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 gets rid of a big part of the risk that accompanies investment options.
YouHodler is certainly a leading gamer in this area– not least since it offers a top-rate loan-to-value ratio of approximately 90%. Outmatching its rivals, YouHodler accepts 15 various digital coins as security.
Users can get both instantaneous 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 relatively 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 procedure that YouHodler has in place.
YouHodler provides you a few choices to choose how you wish to back your loan. You can apply for a loan quantity in fiat or Bitcoin– and you utilize multiple altcoins as collateral.
The preliminary application procedure works as follows:
Make a demand utilizing your crypto properties as collateral
Instantly get an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you repay the loan, you will immediately get the security back, despite whether its worth has actually increased.
As you can see from the above, the procedure is as smooth as it could be. The company does not carry out any credit history checks or take some time to think about whether you are qualified 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 Quantities.
YouHodler has different packages for loans that come with predefined terms.
There are three alternatives for loan periods:.
Thirty days– 90% LTV.
60 days– 70% LTV.
180 days– 50% LTV.
Your rate of interest is not identified by the amount of security that you installed. Instead, it depends on the type of strategy you choose.
YouHodler offers the very same rate of interest for all its users. As the community grows, the company hopes that its rate of interest will also drop appropriately. YouHodler likewise has an affiliate program to encourage its users to invite others to join 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 coverage. Crypto assets are guaranteed for as much as $150 million.
Stablecoin Interest. YouHodler uses some of the best rates of interest for stablecoins.
Unique Features. You’ll find cool items 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 top 20 coins can be used 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 Borrow. Depending on the currencies you use as collateral, you can only get loans in USD, EUR, GBP, and BTC..
Year founded: 2018.
Headquarters: Cyprus and Switzerland.
Licenses: European Union Financial Commission.
Currencies available 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 volatile creatures. To earn a profit, you need to be proficient at trading them or simply hold and hope your crypto gains in value. Neither method is particularly easy to do because of volatility.
What if you could just transfer your crypto someplace and earn interest on it. By doing this, if the price boosts by a percentage or not at all, you can still make a profit. That’s what YouHodler does. It pays high interest on savings. If you’re in the market for a crypto-backed loan, Youhodler can handle that likewise because it lends out its crypto on deposits. Let’s see how it works.
YouHodler is a cryptocurrency exchange that specializes in crypto financing and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler Deutsch
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 dozen other countries.