September 5, 2022
YouHodler’s first-ever feature, crypto-backed loans, has been a flagship service since we first launched in 2018. Four years later, it remains one of our most popular features, allowing clients to use their crypto in increasingly creative ways without having to sell it. A lot has changed in four years though which is why we are happy to announce Crypto Loans 2.0.
This latest facelift brings increased flexibility, usability, and efficiency to YouHodler’s lending operations. It’s also getting an attractive new design makeover. Let’s get into the specifics.
At first glance, the changes may look subtle but we introduced several innovations to our crypto loans that clients will enjoy. For example, the new updates include:
A crypto loan works as follows. Clients first decide which cryptocurrency they want to use as collateral. YouHodler has over 50 options to choose from. You then deposit that crypto to your YouHodler wallet and follow the easy instructions to open a loan.
Then, you’ll see the cash, stablecoins, or cryptocurrency from the loan in your wallet. Now is a great time to use a crypto loan. Many people’s portfolios are in the red, meaning if they sold, they would sell at a loss. But you don’t have to sell. Instead, use your crypto as collateral for a cash loan.
Use the loan to buy more crypto during the dip, invest in other industries or use it for living expenses. Whatever you decide is up to you but just realize your crypto has potential besides simple buying and selling.
So head to YouHodler today and give our new crypto loans a try.
The YouHodler Team is the collective mind of the platform. It's a hive of creativity and diversity in the form of one singular blog author. We are united as one.
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YouHodler is regulated in the EU (Italy) and Switzerland, and does not have a regulated UK entity. YouHodler is NOT regulated by the FCA, and protections offered under UK law do not apply.
YouHodler promotions are not targeted at UK investors, and bonuses or loyalty programs like the rewards programme or sign-up offers will not be available to residents of the UK. You can learn more about the services offered to UK customers here.
Do not invest with YouHodler unless you’re prepared to lose all your money or tokens invested. Crypto Currency is considered as a speculative and high‑risk investment and you are unlikely to be protected if something goes wrong. Take 2min to learn more about risks.
YouHodler is regulated in the EU (Italy) and Switzerland, and does not have a regulated UK entity. YouHodler is NOT regulated by the FCA, and protections offered under UK law do not apply.
YouHodler promotions are not targeted at UK investors, and bonuses or loyalty programs like the rewards programme or sign-up offers will not be available to residents of the UK. You can learn more about the services offered to UK customers here.
Do not invest with YouHodler unless you’re prepared to lose all your money or tokens invested. Crypto Currency is considered as a speculative and high‑risk investment and you are unlikely to be protected if something goes wrong. Take 2min to learn more about risks.