Youhodler First Deposit – Limited time offer

Looking for Youhodler First Deposit…YouHodler is a Swiss-based company that functions as a crypto-backed loan service provider. One of its main principles is that you can still HODL, without having to wait for a spike to sell.

It enables users to obtain fiat funds quickly, based on the worth of their cryptocurrency property holdings. Apart from that, one can convert crypto to crypto, crypto to fiat, and also engage with stablecoins.

The most useful feature 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 improbable to consider YouHodler as a bank for your cryptocurrency. It is quick and efficient, allowing users to transfer their crypto assets with ease.

The platform concentrates on providing a well-rounded experience for its users. You will discover whatever that a crypto owner or an investor would perhaps require. Simply put, YouHodler offers a variety of services that lets you harness your digital possessions.

YouHodler Wallet

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

Is YouHodler legitimate? Youhodler First Deposit

Perhaps the most notable feature at YouHodler is its capability to offer you loans. An investor might consider these funding chances as a means of hedging. Most importantly, it provides you access to a flexible course 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 big part of the threat that accompanies financial investment options.

 

YouHodler is unquestionably a leading player in this space– not least since it provides a top-rate loan-to-value ratio of up to 90%. Exceeding its rivals, YouHodler accepts 15 different digital coins as collateral.

Users can get both instantaneous 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 rates of interest as low as 2.5%.

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

 

YouHodler provides you a couple of choices to choose how you wish to back your loan. You can look for a loan quantity in fiat or Bitcoin– and you utilize several altcoins as security.

The initial application procedure 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).
As soon as you pay back the loan, you will immediately get the security back, regardless of whether its value has increased.

As you can see from the above, the process is as smooth as it could be. The business does not perform any credit history checks or require time to consider whether you are qualified for a loan. On the contrary, if you have sufficient collateral and a validated account, you are great 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 options for loan periods:.

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

    Your rate of interest is not determined by the quantity of collateral that you put up. Instead, it depends upon the kind of plan you select.

    YouHodler provides the same interest rate for all its users. As the neighborhood grows, the supplier hopes that its rate of interest will likewise drop accordingly. YouHodler likewise has an affiliate program to motivate its users to invite others to join the platform to help accelerate this goal.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place lots of ways to keep your funds safe..
    Solid Insurance. Crypto possessions are guaranteed for approximately $150 million.
    Stablecoin Interest. YouHodler offers a few of the very best rate of interest for stablecoins.
    Special Functions. You’ll discover cool items such as the Multi HODL and the Turbocharge, which you will not discover anywhere else.
    Versatile Terms. You can increase the period 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 quite current compared to its competitors.
    Currencies to Obtain. Depending on the currencies you use as collateral, you can just receive 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, REPRESENTATIVE, and 15 other popular coins with the list growing.
    Kind of service: Direct financing.

    Cryptocurrencies are unpredictable creatures. To earn a profit, you have to be good at trading them or simply hold and hope your crypto gains in worth. Neither method is particularly easy to do because of volatility.

    What if you might simply transfer your crypto somewhere and earn interest on it. In this manner, if the rate 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 cost savings. Youhodler can manage that also given that it loans 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 concentrates on crypto loaning and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler First Deposit

    The business’s CEO is Ilya Volkov. YouHodler is an official Blockchain Association member of the Financial Commission. YouHodler is not readily available in the United States along with in about a dozen other nations.