Youhodler Meaning – Limited time offer

Looking for Youhodler Meaning…YouHodler is a Swiss-based business that functions as a crypto-backed loan company. Among its main principles is that you can still HODL, without having to wait for a spike to offer.

It permits users to borrow fiat funds immediately, based on the worth of their cryptocurrency property holdings. Apart from that, one can transform crypto to crypto, crypto to fiat, and likewise engage with stablecoins.

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

It would not be far-fetched to think about YouHodler as a bank for your cryptocurrency. It is effective and fast, allowing users to move their crypto possessions with ease.

The platform concentrates on providing a well-rounded experience for its users. You will find everything that a crypto owner or an investor would perhaps require. To put it simply, YouHodler uses 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 move your cryptocurrency, transform it to fiat, and hold the funds for investment functions in your wallet. The business uses devoted wallet designs for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Youhodler Meaning

Perhaps the most noteworthy function at YouHodler is its ability to provide you loans. An investor could think about these financing opportunities 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 eliminates a big part of the threat that accompanies investment choices.

 

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

Users can receive both instantaneous 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 could 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 pick how you want to back your loan. You can request a loan quantity in fiat or Bitcoin– and you utilize multiple altcoins as collateral.

The initial application procedure works as follows:

Make a demand using your crypto assets as collateral
Quickly receive an agreed loan quantity in fiat (USD, EURO, and Stablecoins, Bitcoin).
Once you repay the loan, you will right away get the security back, regardless of whether its worth has increased.

As you can see from the above, the procedure is as smooth as it could be. The company does not perform any credit report checks or require time to think about whether you are eligible for a loan. On the contrary, if you have enough security and a verified account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has different packages for loans that include predefined terms.

    There are 3 choices for loan durations:.

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

    Your rates of interest is not figured out by the quantity of security that you set up. Instead, it depends on the type of strategy you choose.

    YouHodler provides the exact same rates of interest for all its users. As the neighborhood grows, the service provider hopes that its rate of interest will likewise drop appropriately. YouHodler likewise has an affiliate program to encourage its users to welcome others to join the platform to assist accelerate this objective.

     

    Pros of YouHodler:.
    Strong Security. YouHodler put in place lots of ways to keep your funds safe..
    Solid Insurance. Crypto assets are insured for approximately $150 million.
    Stablecoin Interest. YouHodler provides some of the best interest rates for stablecoins.
    Special Features. You’ll find cool products such as the Multi HODL and the Turbocharge, which you won’t discover anywhere else.
    Flexible Terms. You can increase the duration of your loans at any time.
    High LTV. The leading 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 rivals.
    Currencies to Borrow. Depending upon the currencies you use as collateral, you can only receive loans in USD, EUR, GBP, and BTC..
    Year founded: 2018.
    Head office: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies available to make interest: Fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG).
    Currencies readily available 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 loaning.

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

    What if you could simply transfer your crypto someplace and make interest on it. 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 cost savings. Youhodler can deal with that likewise since it lends 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 specializes in crypto financing and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler Meaning

    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 in addition to in about a dozen other nations.