Youhodler Singapore Office – Limited time offer

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

It enables users to borrow fiat funds instantly, based upon the value of their cryptocurrency possession holdings. Apart from that, one can transform crypto to crypto, crypto to fiat, and also engage with stablecoins.

The most beneficial function would be the alternative to withdraw fiat to a personal checking account or personal charge card. Users can likewise 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 quick, allowing users to move their crypto possessions with ease.

The platform concentrates on delivering a well-rounded experience for its users. You will find whatever that a crypto owner or a financier would potentially need. Simply put, YouHodler offers a variety of services that lets you harness your digital properties.

YouHodler Wallet

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

Is YouHodler legitimate? Youhodler Singapore Office

Maybe the most significant function at YouHodler is its ability to use you loans. A financier could think about these funding chances as a means of hedging. Most importantly, it gives you access to a versatile course to enter the cryptocurrency trading markets.

With a crypto-backed line of credit, 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 certainly a leading player in this space– not least because it offers a top-rate loan-to-value ratio of as much as 90%. Outpacing its competitors, YouHodler accepts 15 different 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 rates 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 process that YouHodler has in location.

 

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

The preliminary application procedure works as follows:

Make a request using your crypto properties as security
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, no matter whether its value has increased.

As you can see from the above, the process is as seamless as it could be. The company does not carry out 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 excellent to go.

 

How do you get paid on YouHodler?

  • Loan Terms and Quantities.

    YouHodler has different bundles for loans that include predefined terms.

    There are three options for loan periods:.

    1 month– 90% LTV.
    60 days– 70% LTV.
    180 days– 50% LTV.

    Your rate of interest is not identified by the quantity of collateral that you set up. Instead, it depends upon the type of strategy you select.

    YouHodler provides the exact same interest rate for all its users. As the community grows, the company hopes that its interest rates will also drop appropriately. YouHodler likewise has an affiliate program to encourage its users to welcome 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..
    Strong Insurance coverage. Crypto properties are insured for up to $150 million.
    Stablecoin Interest. YouHodler offers a few of the very best rates of interest for stablecoins.
    Special Functions. You’ll discover cool items such as the Multi HODL and the Turbocharge, which you will not find anywhere else.
    Flexible Terms. You can increase the duration of your loans at any time.
    High LTV. The top 20 coins can be utilized 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 rivals.
    Currencies to Borrow. Depending upon the currencies you use as security, you can only receive loans in USD, EUR, GBP, and BTC..
    Year established: 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 offered 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 unpredictable creatures. To earn a profit, you need to be proficient at trading them or just hold and hope your crypto gains in worth. Neither technique is especially easy to do because of volatility.

    If you might simply transfer your crypto somewhere and make interest on it, what. This way, if the price boosts 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. If you remain in the market for a crypto-backed loan, Youhodler can manage that likewise considering that it loans out its crypto on deposits. Let’s see how it works.

    YouHodler is a cryptocurrency exchange that specializes in crypto loaning and high-interest savings for Hodlers. YouHodler is based in Limassol, Limassol, Cyprus. Youhodler Singapore Office

    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 as well as in about a dozen other countries.