Youhodler Interest Rates History – Limited time offer

Looking for Youhodler Interest Rates History…YouHodler is a Swiss-based business that acts as a crypto-backed loan company. One of its primary concepts 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 possession holdings. Apart from that, one can transform crypto to crypto, crypto to fiat, and likewise engage with stablecoins.

The most helpful feature would be the choice to withdraw fiat to a personal bank account or individual charge 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 quick, allowing users to transfer their crypto properties with ease.

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

YouHodler Wallet

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

Is YouHodler legitimate? Youhodler Interest Rates History

Maybe the most noteworthy function at YouHodler is its ability to offer you loans. An investor could think about these funding opportunities as a means of hedging. Crucially, it provides you access to a versatile course to go into 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 eliminates a huge part of the danger that accompanies investment options.

 

YouHodler is undoubtedly a leading player in this space– not least because it provides a top-rate loan-to-value ratio of approximately 90%. Outpacing its rivals, YouHodler accepts 15 different digital coins as security.

Users can receive both instant 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 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 couple of options to choose how you wish to back your loan. You can get a loan quantity in fiat or Bitcoin– and you utilize numerous altcoins as security.

The initial application process works as follows:

Make a request using your crypto assets as security
Quickly receive an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
When you pay back the loan, you will immediately get the security back, despite whether its worth has actually increased.

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

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has different packages for loans that come with 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 quantity of security that you put up. Instead, it depends on the kind of plan you select.

    YouHodler provides the exact same rate of interest for all its users. As the community grows, the service provider hopes that its rate of interest will also drop accordingly. YouHodler likewise has an affiliate program to motivate its users to welcome others to sign up with the platform to help accelerate this objective.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place many ways to keep your funds safe..
    Solid Insurance. Crypto possessions are guaranteed for up to $150 million.
    Stablecoin Interest. YouHodler uses some of the very best interest rates for stablecoins.
    Special Functions. You’ll find 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 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 rather recent compared to its competitors.
    Currencies to Obtain. Depending on the currencies you utilize 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 readily available to earn interest: Fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG).
    Currencies available for loaning: BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REPRESENTATIVE, and 15 other popular coins with the list growing.
    Type of service: Direct lending.

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

    If you could simply transfer your crypto somewhere and earn interest on it, what. In this manner, if the rate 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 remain in the marketplace for a crypto-backed loan, Youhodler can handle that likewise because it loans out its crypto on deposits. Let’s see how it works.

    YouHodler is a cryptocurrency exchange that concentrates on crypto loaning and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler Interest Rates History

    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 in addition to in about a dozen other countries.