A new crypto-backed lending platform is receiving a lot of attention from crypto enthusiasts. While the market continues to correct itself, YouHodler attracts a substantial user base due to its industry-best loan to value ratio, near instant deposit/withdrawal times and more crypto collateral options than any competitor. If you’re looking to get cash without selling your crypto, then it’s time to join the club.
WHICH PLATFORM HAS THE BEST LOAN TO VALUE RATIO?
There are a handful of crypto-backed loan platforms out there to choose from but only YouHodler can claim an industry best loan to value ratio of 80%. Furthermore, they are one of the fastest lending platforms on the market. Many competitors are peer-to-peer-lending sites. This means lenders must sign up, request a loan and wait for someone to match. YouHodler, however, is not P2P. Users simply sign up, pass KYC verification, request a loan and then receive their funds. In terms of receiving funds, there are a variety of ways to do so. Let’s take a look.
HOW TO RECEIVE A LOAN INSTANTLY ON YOUHODLER
Many lending platforms only offer users the option of bank wire or debit/credit card. YouHodler has these options but also includes one more valuable option that crypto enthusiasts will love. Having the ability to both pay back your loan and receive your loan in Tether (USDT) means transaction times are nearly instantaneous. For investors that need money quickly to take advantage of market conditions or for miners who need funds to pay expenses, this platform proves to be highly beneficial.
WHICH CRYPTO LENDING PLATFORM HAS THE MOST OPTIONS?
Where most lending platforms tend to focus only on BTC or ETH, YouHodler stands out in more ways than one. Currently, users can choose from BTC, XRP, ETH, LTC, BCH, BSV as their collateral options and with more coming soon. Furthermore, users are not limited to how much they withdraw or how much they wish to request for a loan. Most platforms have a $1,000 withdrawal limit but YouHodler allows users to withdraw small amounts down to $100. Creating a more inclusive platform makes this particularly attractive for a global audience instead of just the small niche of the already small world of crypto investors.
Where other platforms are solely profiting off fear, uncertainty, and doubt in the crypto space, YouHodler truly prides itself on full transparency. With low interest rates and no hidden fees, the true aim of this platform is to benefit the people using it.
If you would like to learn more about their platform, profitable referral program and more, visit their site today.
Cryptocurrency is something imperative and necessary.