Submit scan of your personal document, selfie, and your personal information.
Take cash via bank wire and credit card repayments.
The YouHodler platform allows one to borrow fiat funds instantly, based on the current value of one’s cryptocurrency asset holdings:
YouHodler is a Blockchain-based Financial Ecosystem focused on cryptocurrency-backed lending with fiat loans. YouHodler lending platform provides USD and/or EUR loans, secured by collateral in BTC, ETH, XRP, and other popular cryptocurrencies.
YouHodler has an innovative concept that allows users to hold onto their cryptocurrencies while spending on necessary purchases at the same time. As spending crypto assets today prevents cryptocurrency holders from gaining from any future growth in asset value, investors who buy low need to hold onto their assets in order to benefit from selling high. It’s a market where everyone is conditioned to HODL.
You can get up to $10,000 in cash automatically. Larger amounts of money can be lent on an individual basis.
There are 3 different types of loan terms: 15-day, 30-day, and 1-year. Our interest rate varies from 3% to 26% (depends on the terms of your loan). Loan-to-value ratio varies from 40% to 70% (depends on the terms of your loan)
We accept all major credit/debit cards and bank wires
The more members we have, the more we can lend. This will give us the ability to offer better rates to everyone. Our goal is to grow the community of borrowers and lenders so we will be offering incentives for people who join the network early, who refer additional people, etc. Basically the more the merrier, and less expensive – so tell your friends!
No, the interest rates will not be determined by the amount of your collateral. We believe everyone should be offered the same rates regardless of how much money or crypto they have. The current financial system is unfairly biased towards people with more – more assets, more connections, more access. We want to change that.