Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
[Limassol, Cyprus 6, February 2019] – Blockchain-based FinTech platform YouHodler recently came forward with their January 2019 progress report for community members. The report gives a detailed outline of new features added and partnerships created over the past month while also giving a “sneak peek” into their February 2019 plans.
The most substantial addition to the YouHodler platform in January came as a result of the Bitcoin Hash War. With many crypto enthusiasts now having free Bitcoin SV given to them by the new fork, YouHodler decided to add the crypto to their growing list of collateral options. Along with BTC, BCH, XRP, ETH, and LTC, users can now use BSV as collateral in exchange for a fiat or USDT loan.
More notable features added in January 2019 was an increase in a loan-to-value ratio (now 80%) and the release of Tether (USDT) integration. With USDT automated payments on the platform, users can both pay back and receive their loan choosing the popular stable coin. With near-instantaneous transactions, users are allowed more flexibility and freedom on their loan.
Regarding security, YouHodler included two-factor authentication (2FA) to the platform along with additional hidden security features for more protection. This also ran parallel with platform improvements to speed and the overall execution of UI/UX.
For the month ahead, YouHodler community members can look forward to more fiat and crypto options being added (like EUR and XLM) as well as further expansion to Germany, Austria, Italy, France, Spain, Mexico and the UAE.
YouHodler is a blockchain-based FinTech platform with a primary focus on crypto lending. Using their crypto as collateral, users can request a fiat (USD, EUR) or crypto (USDT) loan. To learn more, visit YouHodler.com or speak with their team on Telegram (@youhodler).
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.