Product | 03/01/2023
YouHodler Joins Ledger Live: Crypto Loans Made Easy & Secure
Things to know: |
– YouHodler, an innovative fintech platform, has joined the Ledger Live app, enabling you to access seamless lending services and convenient crypto loan features. – Ledger users can now access seamless crypto loans through Ledger Live’s Discover section, featuring YouHodler’s 90% loan-to-value ratio (LTV) and over 45 coins to choose from as collateral. – Ledger users can now use their crypto as collateral for a loan in EUR, USD, CHF, GBP or stablecoins without having to sell it and miss out on future growth opportunities, and without ever leaving the safety of the Ledger wallet. |
What is YouHodler?
YouHodler is a multi-faced FinTech platform featuring crypto-backed loans, crypto savings accounts, innovative crypto multiplication engines, and universal currency exchange. YouHodler’s wallet is uniquely designed for the “active HODLers” of the world that want to put their crypto portfolio to use aside from simple HODLing and trading.
The platform is progressive enough for experts while also user-friendly and accessible for those just starting in crypto. Its mission is to make your digital assets work for you by building bridges between traditional finance and crypto, banking and trading, and CeFi and DeFi.
Why get a loan with Ledger Live and YouHodler?
Using the world’s most secure self-custody devices – the Ledger Nano series – with YouHolder’s loan terms, empowers you to use your crypto without selling it in the most convenient and secure way.
Thanks to this new product launch you can benefit from:
- A loan-to-value ratio (LTV) of up to 90%.
- Using the top 45 cryptos as collateral.
- Loans in four fiat currencies and stablecoins.
- Competitive loan fees.
- Advanced features to manage your loan conditions and react to the market.
Get Your Crypto Loan Through The Ledger Ecosystem
Getting a crypto loan on Ledger Live through YouHodler is easy. All you need is to follow these simple steps:
- Connect your Ledger hardware wallet to Ledger Live.
- Go to the Discover section of Ledger Live (and through Ledger Live desktop for iOS users).
- Select the YouHodler application.
- Choose a collateral option and a currency to receive your loan (EUR, USD, CHF, GBP, stablecoins).
- Set your loan parameters.
And that’s it! Within minutes, you’ll have your loan ready to use.
“We’re excited to expand the options available to Ledger users through this partnership with YouHodler,” said Jean-Francois Rochet, VP of Transactions and Services at Ledger. “Ledger Live is the safest and most secure way to interact with DeFi. Working with YouHodler has been a great experience, and we’re excited to work together for many years to come.”
“Our long-standing, strategic collaboration with Ledger Enterprise, Ledger’s B2B division, has been a successful one for many years. We appreciate Ledger’s priority to create easy-to-use solutions with full security. We are regularly discovering creative ways to work together and bring value to our respective communities.” said YouHodler CEO Ilya Volkov.
Ledger Live: Enjoy Secure & Easy Access To Web3
We will continue to add new features and external platforms into your Ledger Live app, providing secure access to the ever-expanding world of Web3 to a variety of communities, artists, creators, investors and users.
Read our blog to stay updated on our latest partnerships and announcements.