Youhodler Review 2021 – Limited time offer

Looking for Youhodler Review 2021…YouHodler is a Swiss-based business that functions as a crypto-backed loan service provider. Among its primary principles is that you can still HODL, without needing to wait for a spike to sell.

It enables users to obtain fiat funds quickly, based upon the value 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 option to withdraw fiat to a personal bank account or personal credit card. Users can likewise hold their cryptocurrency in a YouHodler savings account.

It would not be improbable to consider YouHodler as a bank for your cryptocurrency. It is fast and efficient, enabling users to transfer their crypto properties 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 potentially need. Simply put, YouHodler uses a range of services that lets you harness your digital properties.

YouHodler Wallet

YouHodler’s wallet is developed with simpleness and efficiency in mind. You can transfer your cryptocurrency, transform it to fiat, and hold the funds for investment functions in your wallet. The company provides dedicated wallet styles for Bitcoin and over 14 other popular cryptocurrencies.

Is YouHodler legitimate? Youhodler Review 2021

Perhaps the most noteworthy feature at YouHodler is its ability to offer you loans. An investor might consider these funding chances as a means of hedging. Crucially, it offers 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 removes a big part of the danger that accompanies investment options.

 

YouHodler is undoubtedly a leading gamer in this area– not least because it offers a top-rate loan-to-value ratio of as much as 90%. Exceeding its competitors, YouHodler accepts 15 different 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 could get your interest rate as low as 2.5%.

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

 

YouHodler offers you a few choices to pick how you wish to back your loan. You can make an application for a loan quantity in fiat or Bitcoin– and you utilize multiple altcoins as security.

The preliminary application procedure works as follows:

Make a demand utilizing your crypto possessions as collateral
Instantly get an agreed loan amount in fiat (USD, EURO, and Stablecoins, Bitcoin).
As soon as you pay back the loan, you will instantly get the collateral back, regardless of whether its worth has increased.

As you can see from the above, the process is as seamless as it could be. The company does not perform any credit score checks or take some time to consider whether you are qualified for a loan. On the contrary, if you have sufficient security and a verified account, you are great to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Amounts.

    YouHodler has various bundles for loans that come with predefined terms.

    There are three choices for loan durations:.

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

    Your rate of interest is not identified by the quantity of collateral that you installed. Rather, it depends on the kind of plan you select.

    YouHodler offers the same rates of interest for all its users. As the community grows, the provider hopes that its interest rates will likewise drop accordingly. YouHodler likewise has an affiliate program to encourage its users to welcome others to sign up with 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 assets are insured for as much as $150 million.
    Stablecoin Interest. YouHodler offers a few of the best rates of interest 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 duration of your loans at any time.
    High LTV. The leading 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 rather recent compared to its competitors.
    Currencies to Obtain. Depending upon the currencies you use as collateral, you can just receive loans in USD, EUR, GBP, and BTC..
    Year established: 2018.
    Head office: Cyprus and Switzerland.
    Licenses: European Union Financial Commission.
    Currencies offered to earn 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, ASSOCIATE, and 15 other popular coins with the list growing.
    Type of service: Direct financing.

    Cryptocurrencies are volatile animals. To earn a profit, you have 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.

    If you might just deposit your crypto someplace and make interest on it, what. By doing this, 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 savings. Youhodler can handle that likewise considering that 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 concentrates on crypto lending and high-interest cost savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler Review 2021

    The company’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 lots other countries.