Crypto Tech Review: YouHodler Crypto Backed Lending Platform

If you want to call 2018 the year of the “Great crypto market clean up” then consider 2019 the year new, valuable startups really start to shine. Take YouHodler for example. This crypto backed lending platform rose from the ashes of 2018’s crypto winter to deliver a fast, affordable, transparent and accessible platform to help crypto enthusiasts of all levels. Let’s take a deeper look into this new platform with a tech review.

USER-FRIENDLY AND CONVENIENT

Cryptocurrency has been around 10 years now. There are both experts and newcomers alike in this industry and YouHodler makes it easy for everyone. With a brilliantly designed interface and clean, simple layout, even the most inexperienced crypto enthusiast can navigate this platform. Design is a feature that many platforms don’t prioritize, it definitely takes center stage

THE BEST VALUE ON THE CRYPTO MARKET

While other crypto lending platforms take advantage of their users in a time of need, YouHodler truly seems like a “platform for the people.” This is evidenced by their crazy low-interest rates and industry best loan to value ratio of 80%. Furthermore, users can even earn 5% interest off a referrals loan with their referral program. This is not just a lending platform but an opportunity to make money.

THE FASTEST CRYPTO LENDING PLATFORM ON THE MARKET

While many platforms offer bank wire and debit/credit card payments, YouHodler offers this as well as Tether (USDT). This allows users to pay for their loans and receive them in USDT, meaning transaction times are nearly instant and convenient. Furthermore, we tested their KYC verification process and we were able to sign up, pass KYC and request a loan all within a few minutes.

TRANSPARENCY THAT YOU CAN COUNT ON

Transparency is a huge issue this year, with many startups losing the trust of their userbase due to lack of communication and honesty. that’s why you won’t find any hidden fees or commission charges on YouHodler. Everything is 100% transparent and users get regular platform updates from the team on the company blog.

MORE CRYPTO OPTIONS THAN ANY OTHER PLATFORM

BTC and ETH tend to be the focus of most crypto backed lending platforms. Yet, that’s leaving out a huge sector of crypto enthusiasts. For that reason, YouHodler has not BTC, ETH, XRP, BCH, BSV, LTC and more as collateral options for their users. On top of that, the company announced it has plans to regularly add more in the very near future.

In conclusion, YouHodler is the best option for crypto holders looking to get cash without losing their crypto due to their high loan to value ratio, low-interest rates, lightning fast pay in and pay out times and transparent company behavior. Head on over to their website today to learn more.

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