Showing posts with label cryptocurrency loans. Show all posts
Showing posts with label cryptocurrency loans. Show all posts

YouHodler Adds the Largest Decentralized Stablecoin to its Platform..

YouHodler Adds Dai
YouHodler, the rapidly evolving FinTech platform is pleased to announce that it has listed Dai, the world’s leading decentralized stablecoin. Built on the MakerDAO system, Dai lives completely on the blockchain, making it borderless and available to anyone, anywhere.

“We believe stablecoins and their attributes are essential for the positive development of the industry,” said YouHodler CEO Ilya Volkov. “Having the Dai stablecoin on the platform will introduce our communities to all the benefits that the largest decentralized stablecoin can bring. Users will also create an additional utility for Dai, using it for high-yield savings accounts and for loan repayments. Thus helping Dai expand to new sectors of the crypto community.”

The listing sees YouHodler offering a Dai wallet for secure storage, Dai exchange between fourteen coins, five stablecoins, and four fiat currencies on the platform, Dai as a payment method for YouHodler’s crypto-backed loans and a Dai Savings Account where users can earn 12% APR with weekly payouts.

“Integrating Dai to YouHodler creates more opportunity for people around the world to explore the benefits of DeFi and Dai,” said Gustav Arentoft, Head of Business Development for Europe for the Maker Foundation.

Unlike centralized and fiat-backed stablecoins on the market, Dai is backed by cryptocurrency and decentralized. With over 550 live Dai integrations, the Dai stablecoin is one of the most popular and recognized in the industry and its numbers continue to grow. The first iteration of Dai (currently now Sai) was launched in December 2017. Two years later in November 2019, the current Dai system came to be which includes a variety of new features such as the Multi-Collateral Dai (MCD) and the DSR features which allow Dai users to power their financial activities more efficiently.

MakerDAO has a good reputation in the crypto community as it received investments from the industry’s top funds like Andreessen Horowitz, Polychain, and Dragonfly Capital. MakerDAO joins the company of other top projects like Huobi, Paxos, and ChainLink that were added to YouHodler in the past month.

About YouHodler
YouHodler FinTech platform is focused on crypto-backed lending with fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG, Dai), crypto/fiat and crypto/crypto conversions, as well as high-yield saving accounts. YouHodler supports BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, REP, and other popular cryptocurrencies and tokens.YouHodler is an active member of the Blockchain Association of Financial Commission and the Crypto Valley Association. Customers are protected by the independent Financial Commission’s efficient dispute resolution process.

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Information Provided via Press Release
Distributed by Global Crypto Press AssociationPress Release Distribution for industry.



Rarely Mentioned Trick of Wealthy Investors - "Stacking" Crypto Loans to Increase Holdings QUICK - But Now YOU Can Too!

From Our Partner Site Covering Bitcoin and Cryptocurrency Lending News, CryptocurrencyLoaning.com | We've mentioned countless times how surprised most people are to hear that it's overwhelmingly wealthy people getting cryptocurrency and bitcoin loans, and here you're about to see why.

I even remember bringing this up in a telegram channel, and having someone say "This sounds like Bitconnect" (a notorious scam). That's how unknown this is to the typical crypto investor!

So to be clear - this works with any of the 25+ totally legitimate, established crypto lenders out there!

The one we're featuring today simply created a tool that turns what would have been an hour of opening new loans on top of eachother into the push of a button.

This is a process being used by savvy investors every day - what's new is that anyone can do in the push of a button and not have to worry if they did everything correctly, it'll automatically optimize all the numbers for you to end up with as much as possible.

We should mention - these funds are tax free in most countries!

It's actually a bit crazy to think about, while the general public seems to associate someone taking out a loan as someone down on their luck and short on cash, the wealthy have played the system to their advantage, they hear 'loan' and think 'maximum profits'.

We're going to use 0.050 BTC as an example since it's an most everyday investors have (about $500) and turn it into almost $2000 in a matter of seconds!

First, login to the YouHodler members area - make a free account if you don't have one.

Click on "Turbocharge Crypto" which will bring you to the screen below, here you can see the starting and ending numbers...


Lets take a closer look at how they got you there:


The YouHodler team explains it "Our platform automatically uses the fiat that was lent to buy more crypto without any fee (limited offer) to use as the collateral for the next loan in chain. Furthermore, the interest rate on each loan reduces with every additional step added" it's a pretty simple process with some big results.

If you'd like to try it out signup for a free account, and get your crypto working for you!


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Author: Matt Miller
London News Desk
CryptocurrencyLoans