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Crypto loans in coronavirus crisis
For people lucky enough to own cryptocurrency - crypto loans and their low interest rates compare to banks adds an additional way to get through the current crisis.

While the general public is stuck working with banks, cryptocurrency owners have access to funds at rates much better.

At the same time, banks have lowered their interest rates to a level that makes it almost impossible to earn from depositing your funds with them.  While the crypto world continues it's high payout interest earning options for crypto owners.


Crypto Owners Have The Advantage:

Even with all that coming from the government - it may not be enough.

Or, you may not be in the United States and currently need as much help as you can get!

If that's the case, now is the time to take advantage of two factors that highlight the benefits of a crypto or bitcoin loan.

First - the low interest rates.
Typically, a small fraction in interest compare to loans from a bank.

Second - the current low price of Bitcoin and other cryptocurrencies.
 Most analysis believe it's going up from here, so as your loan matures your assets will likely increase in value. This could easily cover all of your interest (something I've had happen multiple times).


Recommended Bitcoin & Crypto Loan Providers:

If you're outside the US: YouHodler.

Inside the US: BlockFi.
Both have solid reputations, and enough past/present users saying everything went as described on their websites. 


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Author: Matt Miller
London News Desk
CryptocurrencyLoans Reporter

Crypto Loans Helping Traders Through The Coronavirus Crisis...

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Choosing an insurance plan
Finding insurance is a challenge as covid-19 causes insurance claims to rise and many are currently unemployed.

That's why so many have turned to things like cryptocurrency loans to fund things their employer once covered for them, such as:

  • Health insurance
    Home Insurance
  • Car Insurance
  • Life Insurance 

Insurance encourages spreading of hazard from the guaranteed insured to the insurer. The essential rule of insurance is to spread hazard risks among thousands of individuals. An enormous number of people get insurance coverage and pay premium to the back up plan. At whatever point a misfortune happens, it is repaid out of assets of their insurance provider.


Insurance plans that fit your family


The undeniable and most significant advantage being insured is safety during misfortunes. An insurance strategy is an agreement used to reimburse people and associations for secured misfortunes. The second advantage of protection is overseeing income vulnerability. This is why insurance pays when something like that happens.

But there's also insurance for business, such as plans covering law and financial aspects. It is something individuals purchase to shield themselves from losing cash when the unexpected happens in their professional life. .

Individuals who purchase an insurance plan typically make monthly payments in exchange for the service.
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Author: Matt Miller
London News Desk 

Finding Insurance In Today's Climate Can Be Challenging - What Insurance Company Fits?

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The Official Amfeix Review Guide Photograph
Although Amfeix had years of steady payments sent to it's users under their belt before we ever reviewed them, it appears they may have surprised us all and disappeared.

Unfortunately, we don't know any more details than what is publicly available.

At the same time, a better choice caught our eyes, they're both non-custodial so they can't steal your funds if they wanted to, and they operate in the open and the staff and founders name is listed publicly.

Check out Ember Fund which is bringing in some steady returns for their users.

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Author: Matt Miller
London News Desk | Amfeix Reviewed

Problems At Amfeix? An Alternative That Doesn't Operate In The Shadows...

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Photo of YouHodler Review
[ YouHodler Review Updated For 2020 ] - Today we're going to take a look at and review YouHodler, one of the longer running bitcoin & crypto loan platforms.

In 2019 they expanded to feature several other services, including some creations of their own and we'll take a look at those too.

One step I take before going in to my own review, is scanning various crypto communities for mentions of the company, to hear other peoples experiences.  Just to make sure if I had a good experience, it doesn't turn out to be a rare thing.  Or, if I had a bad experience and others are saying a company is great, I need to be open to the possibility that my bad impression just isn't accurate, but rather an anomaly.

In the case of YouHodler, I was unable to find any angry customers posting complaints. So, off to a good start!

Now lets take a look at what they offer!


Bitcoin & Crypto Loans...

Here is where YouHodler really excels for one obvious reason - their loan-to-value rates!

I was extremely disappointed when I first set food into the crypto loan world, finding out that i'd need to deposit $10,000 to get a $5000 loan just made the whole thing seem like it wasn't worth doing.

But YouHodler is still to this day offering their 90% Loan-To-Value loan, which has an interest rate of just 3%!

Not sure how they do it, but that's not my problem - it works and you get the funds right away.

Also worth noting - you can use 12 different cryptocurrencies as collateral!

The majority of lenders are bitcoin only, with a few accepting Ethereum as well.  So, this is another area YouHodler stands out.


Turbocharge Loan - Instantly Multiply Your Bitcoin...

This is one of their inventions, something some savy traders have been doing on their own but could take hours to fully execute. YouHodler has it down to 1 click with their "turbocharge" tool.

It works by using your bitcoin loan to buy more bitcoin, like:

Loan 1: 1 BTC
Loan 2: 0.864 BTC
Loan 3: 0.746496 BTC
Loan 4: 0.644973 BTC
Loan 5: 0.557257 BTC

Now, the user with 1 BTC suddenly has 3.812726 BTC, and positioned to score bit during a bull run.  YouHodler explains the smart way to use this:

"Perhaps the best part of this strategy is that it’s a moderate risk. Users can always repay the crypto loans back using the same “chain” strategy. For example, users can repay the smallest loan in the chain, get back some BTC and convert this BTC to fiat to use towards paying back the next loan in the chain. Take note that the amount taken from the 5th loan in the chain will not be enough to repay the 4th loan. The user will need to add a small amount to this in order to pay back the 4th loan (applicable for a case when the price is less than +12.7%). By repaying the chain of loans using this method, clients only need to pay the loan interest for the additional 2.812726 BTC in order to get their 1 BTC (original collateral) back."

Next time you feel a bull run coming, and turn out to be right - you don't need to stare at the charts wishing you bought more - turbo charge your existing holdings!


Earn Interest On Coins You're Saving Anyway ...

This doesn't take too much explaining - you can earn 12% on stablecoins, and 7.2% on Bitcoin by simply leaving your coins for storage on the platform.

So if you're currently just letting what you're HODLing long term sit in a wallet doing nothing, you should seriously consider earning interest and turning them into active income.

Big advantage here is that you get your interest earnings in a monthly payment, which you can immediately spend as you wish.


Our Official Conclusion:

YouHodler should be among the first places you try - they're just getting a lot of things right!

Crypto lending platforms aren't rare anymore, neither is the ability to earn interest on your coins - but you won't find platforms with terms as user-friendly as YouHodler's.

Then, their 'TurboCharge' just earns them points for having a feature that's useful, but can't be found anywhere else.


Our Readers Get The VIP Treatment!

So - check them out here and since you followed the link from our site, we've arranged with YouHodler to give anyone who signs up from here special terms, including more time to pay back your loan with no penalty!


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Author: Matt Miller
London News Desk
CryptocurrencyLoans Team | YouHodler Review


YouHodler Review (Updated for 2020 )...

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Photo of a blockfi review to Earn Interest On Cryptocurrency
Earn Interest On Bitcoin and Cyptocurrency - sounds good already, but first, you need to appreciate just how big of a deal this is. Let's look at what you could earn putting your money into an interest earning CD at a standard bank.

At the time of writing this, according to Bankrate, the highest is 2.15% - don't expect to find anything higher than this from the traditional finance world.

With that in mind - let's look at BlockFi's new interest earning cryptocurrency options.

Earn up to 8.6% interest on your cryptocurrency...

With support for Bitcoin, Ether, Litecoin, USDC and GUSD. Just store your crypto at BlockFi and earn - paid out Bitcoin, Ether, Litecoin, USD Coin and Gemini Dollar every month.

What do they mean by 'every month'?

It means you can spend the interest you earned every month if you want to.  You receive it as a payment, along with the option to add it to your balance at BlockFi so you begin earning interest on your interest.

Compounding interest...

This is the way to maximize profits.  Imagine you put in $10,000 and from interest payments you now have $10,800.  Your next payment will be based on that $10,800.

So as your balance goes up, the amount you earn in interest goes up. 

The numbers just keep getting bigger!

Everyone qualifies! No minimum balance required!

You may have seen others offering something similar, but then saw they require a large minimum balance to be kept.

There's no minimum balance requirements at BlockFi!

Will my crypto stay accessible?

Yes!  Our team here uses it like a wallet, you earn on whatever is in there - but you can deposit and withdraw your crypto whenever you want.

Note that they say withdraws may take up to 7 days, so far we've always gotten ours within 24hrs.

The best way to find out more is to head over to BlockFi and sign up for free!  Deposit some crypto and you're happy with the results, grow that account as much as possible!


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Oscar Wyland
UK News Desk
CryptocurrencyLoans | BlockFi Review

BlockFi is Paying Up To 8.6% Interest On Your Cryptocurrency...

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Crypto loans to buy bitcoin
If you haven't learned already, there's a few different segments that crypto traders can fall into.  There's the newbies, your average trader, and the large investors AKA "whales".

It's probably not a surprise to hear the whales have their own set of tricks and tools they use to maintain their status at the top of the food chain.

One of these tricks you likely haven't heard mentioned, is how they can turn what they're currently holding into a lot more, fast, without getting any extra funds.

What If You Could Use Bitcoin, To Buy More Bitcoin?

This is exactly what they figured out how to do. Sounds crazy, but it's possible.  It works by playing the crypto lending market to their advantage.

Follow along...
  • Use your Bitcoin to get loaned USD.
  • You remain the owner of the Bitcoin, the lender is simply holding it as collateral.
  • Use that USD to purchase more Bitcoin.
  • Use that Bitcoin to get another USD loan.
  • Repeat. 
Which loan provider you use it is key, and a higher loan-to-value rate means more Bitcoin for you in the end. Currently, YouHodler is the top with 90%, so every $100 worth of Bitcoin you own, you can get $90 to spend on more.

Users in the USA however will need to use a service like BlockFi.

Using them as the platform in this example, and $500 as your initial amount (0.07 BTC) running this trick 10 times will bring you to $3253.

Yes, that's real - $500 turned into $3253 (0.070 to 0.455880) without using anything for funding but the original $500.

What once took a day of work, now in the push of a button!

YouHodler noticed how many people were using their platform to do this, spending hours taking out one loan after another.

So now, it's literally a feature - do it all in 1 press of a button.

Go to their website and head over to the "turbocharge" option, this automatically and instantly flips your investment into more Bitcoin from 3 to 10 times, you decide.

Their interest rate tops out at just 3%!  Each loan this number goes down, until there is none.

To state the obvious, you're betting on the price of Bitcoin going up in the 30 or 50 days you have the loans.

However - you can pull out any time, so don't risk it going up, and back down.  Close out your loans and take your profits when it's up, start again when the price stabilizes. If a bull run is clearly coming - go crazy with this maximize profits like never before.

For those in the US, there's no automated tool to do this yet. But if you'r willing to invest some time, you can accomplish this with services like BlockFi.

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Author: Matt Miller
London News Desk

EXPOSED: Traders Trick To Buy Bitcoin...With No Money!

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It honestly surprises me at this point when I hear someone who's generally deeply involved and invested in the crypto world, and they've sold their coins instead of kept them by using them to get loans when they needed money.

For some perspective, on a 6 month loan you would have taken it out with Bitcoin in the $5000's.  Depending on how much cash you took out and spent, Bitcoin trading in the mid $8500's today means your loan could already be fully paid off just by the increase in bitcoin's value - then you get all your crypto back, you still own it.

Someone explain how the hell everyone isn't doing this?

So I browsed several crypto themed online communities trying to gather what some misconceptions may be.  I spotted many people seeking a bitcoin loan shark, or try to get a bitcoin loan without collateral.   Well, that won't happen, there's no anonymous bitcoin loan or way to get an instant bitcoin loan from someone offering one when you have no collateral.


There is instant bitcoin loan verification however - moving into 2020 the number lenders to choose from is growing fast. 

Also growing in popularity - people getting a loan to buy bitcoin, with bitcoin!  It's a trick those who use generally keep quiet about.

While you'll never find crypto loans without collateral, there's so many quality crypto lending platforms you don't need to worry about putting the collateral up.   Because of smart contracts and blockchain, there's no such thing as an 'unsecured crypto loan'.

However, the thing that shocks people who have taken out loans, or earned interest on funds they lent out - the flexibility in the crypto loan world.

No penalities for paying a loan off early, and in most cases if you're doing an interest earning program - the profits become available every month!  No waiting for an investment to 'mature' - you get paid as you go.

As for where to start, we're still currently recommending:

If you're outside the US: YouHodler.

Inside the US: BlockFi.

Both have solid reputations, and enough past/present users saying everything went as described on their websites. 


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Author: Matt Miller
London News Desk
CryptocurrencyLoans


Bitcoin Loans - How Are Some Die-Hard Crypto Traders STILL Unaware Of How To Take Advantage Of Them!?

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