October 31, 2022
Starting today, we’re officially cutting crypto lending rates and loan fees on all cryptocurrencies.
Why? Simply put, we want to revive credit demand and stimulate the crypto economy currently battling selling pressure.
Except for the coins listed in the table below, we are reducing crypto lending rates on all coins from 20% to 11%. A select number of special coins will experience an even greater decrease in lending rates of 2 - 6% APR. Furthermore, all daily loan fees will be adjusted to at least $0.01.
*These coins currently feature lower crypto lending rates than Binance.
As a reminder, all of our clients can open loans anywhere from one to 364 days with loan-to-value ratios as high as 90%.
YouHodler CEO Ilya Volkov stated that
“In a world where lending rates remain stagnant or even increasing in some cases, YouHodler wanted to provide some relief. The goal here is to offer more attractive lending options for our clients who want instant access to fiat currency without having to sell their crypto assets in this current bear market.”
We also want to remind you that while crypto lending rates will decrease, interest rates for our popular yield accounts will stay the same. Industry-wide, we are seeing centralized finance (CeFi) and decentralized finance (DeFi) platforms continue to lower yield potential.
However, at YouHodler, we want to put our clients in the best possible position for success in bear markets and bull markets. That’s why we constantly adjust our platform to meet your needs.
Furthermore, our Turbocharge feature is seeing a fee reduction as well. Starting now, there is a 0% fee on all BTC and ETCH-backed “turbo loans”. This is a limited-time offer for the web application only. Go to YouHodler.com today to take advantage of this deal and the new crypto lending rates.
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.