YouHodler Gives Crypto-Backed Loans and Free YTN Tokens This Month Only

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YouHodl

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.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
This author could be anybody, but he/she is not a member of staff coingape.com and opinions in the article are solely of the guest writer and do not reflect Coingape's view.