Youhodler is a trusted FinTech where your cryptocurrencies can provide passive income through staking or instant crypto loans (with your digital assets as collateral). You will observe excellent and very favorable crypto loan-to-value ratios, and this is one of the points that seduces us the most at Youhodler. What distinguishes Youhodler from similar platforms is a set of features (reliability, security) that enhance the system's credibility. 
About Youhodler
Youhodler is a centralized platform for cryptocurrency-related services. There are four main families of services:
- An exchange (trading)
- Staking (savings and remunerated wallets)
- Virtual currency lending
- A community of crypto-enthusiasts
Youhodler specializes in virtual currency lending and saving with high-interest rates. These two activities are distinctive of the platform.m If you are part of the Youhodler community, you can exchange any fiat or virtual currency. However, this activity is not the main activity of Youhodler.
Current Youhodler Interest Rates
The fees for converting fiat to crypto or exchanging cryptocurrencies vary depending on the transaction. For example, there is a $1 fee to convert $100 into bitcoins (1%). There is a fee of 0.000040 BTC to convert 0.02 BTC to Ethereum (0.2%). Youhodler earn rates are comparable to other exchanges. However, processing the transaction may take between 5 and 30 minutes, and the rate may change. If you use the MultiHodl feature, you pay setup fees, hourly fees, and a 10% profit share if you make money.
How to create a Youhodler savings account
The Youhodler platform provides for very straightforward registration. You may accomplish it using your computer or any mobile device. Youhodler is also available on Google Play and the App Store. You are directed step by step through the registration process from the main page. The information requested is your nationality, email address, and password. Simply click on the link supplied to your email address to confirm your registration. However, you must complete a form to authenticate your identity. A picture ID and proof of address are required. Check out similar posts:
is Blockfi safe,
Coinloan review, or
Youhodler bonus code.
How to use Youhodler interest accounts
Youhodler trades work in the traditional crypto-crypto, fiat-crypto, and crypto-fiat modes. You may use your bank card to buy or swap any cryptocurrency on the platform. Payment by bank transfer is also an option. You no longer need to purchase other cryptocurrencies and convert them into stablecoins before trading them for your desired goods. You just choose the coins and pay in fiat.
Youhodler stablecoin interest
Youhodler provides crypto loans with LTVs (loan-to-value or loan-to-value ratios) ranging from 50% to 90%, depending on the cryptocurrency chosen as collateral. The loan period is also affected by the collateral and the LTV. Each LTV in this Youhodler crypto loan table has an APR, a unique margin call, and its payback period. Bankrate believes that the average yearly return on savings accounts in the United States is 0.06% compared to traditional finance. In June 2021, the highest yearly rate was 0.61%. Such low-interest rates are unfathomable for cryptocurrency holders. The lowest you can earn on an annual basis for Augur (REP) is 2.5 percent, while all other cryptos earn substantially more. Furthermore, you will be paid weekly, eliminating waiting for extended periods, as is common in traditional institutions.
When does Youhodler pay interest?
You may put them in a savings account if you have spare cryptos to earn more. The proportion varies depending on the crypto you deposit on Youhodler: stablecoins will net you the most, at 12 percent or more, but other cryptos offer respectable annual percentage rates (APRs). Yearly, Bitcoin (BTC) will reward you with 4.8% of the money invested, while Ethereum (ETH) will earn you 5.5%. Youhodler provides 33 cryptocurrencies that you may save in a savings account with varied interest rates. The lowest rate is 2.5%, which is still fairly expensive.
Youhodler earn rates
Staking on Youhodler is based on wallets reimbursed in weekly interest, which is immediately credited at the end of the week according to a rate schedule known in advance and completely transparent. You simply need to fund your Youhodler staking account with bitcoin. The annual interest rate is 12% (APR). Everything is automatic and non-arbitrary, and you are notified every week of the deposit of interest on your wallet.
Conclusion
In comparison to its competitors, the Youhodler platform is superb. Visually, it delivers on its claims and has no disadvantages over rival programs. The BlockFi app, one of the
Litecoin loan platforms and
Bitcoin loan sites, is its direct opponent in operation. Youhodler has a substantially greater loan-to-value ratio than BlockFi. Savings interest rate also gives a very high-interest rate compared to BlockFi, which is 9.2%, and Binance, which only offers a 7% rate. It also provides an infinite loan period, whilst others, such as crypto.com, give loans repayable in 90 days.
