Look around you folks. Times are tough in the crypto market but a downward trend is not always a sign of panic. There are several tools out there that actually help you benefit from a bear market. Today, we’re looking at one of them. YouHodler is a crypto lending platform that will make sure you’re always protected from a loss and always prepared for a spike.
YOUHODLER REVIEW: THE BEST CRYPTO LENDING PLATFORM BY VALUE
When you take out a loan, you don’t want to spend too much money paying it back. While other platforms take advantage of your need for cash, YouHodler seems to take a humanitarian approach. Hence, they feature the highest loan to value ratio on the market (80%) and interest rates as low as 2.5%.
YOUHODLER REVIEW: MORE OPTIONS THAN YOU CAN CHOOSE
The crypto market is evolving. No longer are Bitcoin and Ethereum the only cryptos worth buying. Today, there are a variety of good options to choose from and YouHodler supports as many as possible. With a growing list of collateral options like BTC, BCH, BSV, LTC, ETH, XRP and more, enthusiasts from all areas of the crypto space are accepted.
YOUHODLER REVIEW: RECEIVE YOUR LOAN IN MINUTES
When one requests a loan, time is of the essence. Therefore, it would help if that money got to you as quickly as possible. Besides offering bank wire and debit/credit card as withdrawal and deposit options, YouHodler has a unique feature to instantly send you money. By choosing Tether (USDT), the loan process is nearly instantaneous. Users can choose to pay their loan in USDT or receive it as well.
YOUHODLER REVIEW: INNOVATION
Just a quick Google search shows you several crypto lending platforms that all do the same thing. However, YouHodler breaks the mold. With nearly 15+ updates since their release in November 2018, things are moving fast behind the scenes. Furthermore, the team plans to create their own YouHodler debit card that will transform this platform into more of a banking service.
YOUHODLER REVIEW: TRANSPARENCY
No one likes a liar, especially in cryptocurrency. Transparency is the key to success nowadays. Users will be happy to see that YouHodler has no hidden fees or hidden commission. Everything is out there in the open. In addition, the team is easy to reach via their Telegram channel (@youhodler).
All in all, if you want a quick, convenient, and trustworthy way to get cash without selling your precious crypto, then you can’t go wrong with YouHodler.