Because the HODLers are in need of cash, they oftentimes turn to crypto-backed loan companies. Many such loan providers offer services at high prices (long approval waits, low loan-to-value ratios, hidden fees). However, recently, a new cryptocurrency leader showed up to fix this problem. The youngest and perhaps most promising crypto-backed loan company is called YouHodler.
What Is YouHodler?
YouHodler is a crypto-backed loan provider that lends people cash in exchange for crypto collateral. Unlike its competitors, YouHodler accepts the majority of leading digital coins and issues loans instantly.
The entire loan process, starting from registration, takes only a couple of hours. The provider offers the highest loan-to-value ratio (70%) in the market, and most of the top leading digital currencies are accepted as loan collateral (including the extremely popular Ripple).
To take a loan, all you will need to do is register an account, pass the KYC test, and request a loan. Then, the cash can be released instantly.
YouHodler Success Stories
Shortly after its launch, YouHodler managed to help many small business owners. In some cases, individuals needed to borrow cash quickly, to cover their debts or their day-to-day expenses. In other cases, users wanted to take loans to invest in ICOs. When the prices of their newly-released tokens soared, these individuals profitably sold a portion of their tokens for loan payment purposes.
YouHodler Affiliate Program
YouHodler is the youngest and the most promising crypto-backed loan provider at this moment. Because YouHodler wants to stay afloat and to attract even more customers, it is now offering a unique affiliate program for its users.
If you register on YouHodler, you can receive an affiliate link to share with your friends. Once your friends take YouHodler loans, you will receive 5% of the interest that YouHodler generates from your friends’ loans.
Any individual who is planning to take loans (or who is not planning to take loans) can take part in the affiliate program now. All you need to do is register an account on YouHodler, find your affiliate link in your member ledger, and share the link with your friends. The process is as simple as using Coinbase, Binance, or any other crypto exchange.