YouHodler

YouHodler is a fintech platform offering a wide range of services related to cryptocurrencies, including crypto-backed lending, cryptocurrency savings accounts, and cryptocurrency exchange.

The exchange was launched in 2018, with its headquarters located in Cyprus and its regulatory body in Switzerland (Lausanne).

YouHodler Features

Crypto-Backed Lending: Offers the possibility to obtain a loan in fiat currency or cryptocurrency using crypto assets as collateral.
Cryptocurrency Savings Accounts: Allows earning interest on cryptocurrency holdings.
Cryptocurrency Exchange: Exchange one cryptocurrency for another.
Multi HODL: A tool for increasing potential profit by using leverage.
TurboCharge: A feature for increasing the loan amount through consecutive borrowing against already obtained funds.

YouHodler Advantages

High Interest Rates on Savings Accounts: Up to 12.3% annually.
High Loan-to-Value Ratio (LTV): Up to 90%.
Instant Credit Availability: The loan obtaining process is simple and fast.
Flexible Loan Terms: The ability to manage loan terms and profit levels.
Wide Range of Deposit and Withdrawal Methods: Including Visa, Mastercard, SEPA, and Swift transfers.
Low Entry Threshold: The minimum deposit is only $1.

YouHodler Disadvantages

Risk Management of Borrowed Funds: Using leverage is associated with high risk, especially in the volatile crypto market.
Withdrawal Restrictions: The maximum withdrawal limit depends on the user's verification level.

Registration on YouHodler

Registration on YouHodler is simple and fast. After registration, it is necessary to undergo the verification process (KYC), which does not require immediate document submission until the user begins to use the platform's products.

YouHodler Loans

YouHodler offers crypto-backed loans, allowing users to borrow fiat currencies (USD, EUR, CHF, GBP) or stablecoins (USDT, USDC, etc.) using their cryptocurrency as collateral.

YouHodler offers various lending options with different Loan-to-Value (LTV) levels. The maximum LTV is 90%, which means that you can borrow up to 90% of the collateral value. Lower options are also available, such as 50% or 70%, which reduce the risk of liquidation.

Major cryptocurrencies such as BTC, ETH, USDT, XRP, SOL and others are accepted as collateral.
The loan terms are flexible, from 30 to 180 days, with the possibility of extension or early repayment.
A credit check is not required, as the loan is secured by crypto collateral.
After repaying the loan, the borrower can get their collateral back. The funds can be withdrawn to a bank account or crypto wallet.
If the collateral value drops below a certain level, the system can automatically liquidate the assets to cover the loan.

How to Get a Loan on YouHodler

Sign up and complete KYC verification.
Deposit collateral (e.g., BTC, ETH, USDT).
Choose loan terms, including LTV and currency.
Receive loan funds instantly.
Repay the loan to reclaim your collateral or extend it if needed.

Methods of Depositing and Withdrawing Funds

Deposits:

Via Visa, Mastercard
SEPA transfer
Swift transfer

Withdrawals:

To Visa, Mastercard cards
SEPA
Swift

The commission for a bank transfer withdrawal is 5 euros. There is a minimum withdrawal amount.

Deposit and Withdrawal Fees

There is no fee for depositing cryptocurrency or stablecoins.

For SWIFT deposits in USD, a fee of $25 is charged, while GBP deposits have a fee of £20. Other bank deposits have no fee. Deposits via AdvCash wallet incur a 1% fee, and deposits via credit card are subject to a 4.5% fee.

The withdrawal fee is at least $70 or 1.5% for SWIFT in USD, at least £55 or 0.15% for GBP, and at least 15 CHF or 0.15% for Swiss Franc withdrawals. For EUR withdrawals, the fee is either €5 for SEPA or €55 for SWIFT.

Staking

If you are new to staking, simply follow these steps:

Fund your account. Buy cryptocurrency or deposit one of the available assets into your YouHodler account.
Select an asset. Choose one of the staking-supported assets in your wallet.
Earn rewards. Your staked assets will automatically start generating rewards with weekly payouts!

You can use MultiHODL to take advantage of market volatility and potentially increase your profits up to 365%. The core idea of this product is based on the so-called "Barbell Strategy" by Nassim Taleb, a mathematician and risk analyst known for his book The Black Swan.