YouHodler, the promising new crypto-backed loan company that is gradually beginning to dominate the market, is giving away free YTN tokens this month to individuals who take crypto-backed loans through its platform. The crypto community seems to be enjoying the news.
What Is YouHodler?
YouHodler is a crypto-backed loan company that allows its users to borrow fiat funds instantly, by using major digital coins as loan collateral. To take a loan, all that you will need to do is to transfer your Bitcoin, Ethereum, Ripple, or other cryptos to your YouHodler wallets (similarly to how you can transfer cryptocurrency to Coinbase, Binance, or any other exchange), and then apply for a loan. Once the loan is approved and the money is issued, your borrowed cash can then be transferred to your bank account. The great thing about YouHodler is that the entire process of loan taking is just a couple of hours.
Benefits of Using YouHodler
Unlike its competitors, YouHodler offers an easy-to-use interface, high loan-to-value ratio (up to 70%), and outstanding customer support. Crypto HODLers take advantage of the financial instrument as it allows them to obtain cash instantly, while also allowing them to hold onto their crypto. Whether you need cash to travel for work or whether you need cash to purchase more altcoins at their low points, YouHodler is the right platform to use.
Free YTN Tokens This Month Only
This month, the company is offering a cool benefit to its early adopters. Users who take a YouHodler loan will receive free YTN tokens this month. One YTN token is an ERC-20 token that is going to be tradable in about 10 months (according to the company’s creators). For each $10 of collateral, the user will receive 1 free YTN token. Free YTN tokens are offered this month only.
While the market is experiencing difficulties that are associated with the Crypto Winter slowdown, HODLers are taking advantages of the services that YouHodler provides. YouHodler is a company that keeps the spirit of the crypto community afloat. Keep Crypto, Get Cash.