Canada News on Cryptocurrency – In a partnership with Ledger Live, Ledger Live Allows YouHodler to Provide Easy and Safe Crypto Loans YouHodler, an E.U. and Swiss-regulated FinTech platform that offers a variety of Web3 crypto and fiat services for “active HODLers,” will make its market-leading cryptocurrency loan tool available to Ledger Live customers.
Ledger users may now get quick cryptocurrency loans through the app, utilizing YouHodler’s industry-best 90% loan-to-value ratio (LTV) and 45 currencies to pick from as collateral. This feature is included in Ledger Live’s “Explore” section.
“We’ve had a good working relationship with Ledger Enterprise for a long time thanks to our ongoing strategic partnership. We admire Ledger’s emphasis on developing user-friendly solutions with complete security. Ledger Live Allows YouHodler to Provide Easy and Safe Crypto Loans We are always coming up with innovative ways to collaborate and benefit our respective communities.”
Today, Ledger users may borrow money in EUR, USD, CHF, GBP, or stablecoins as security without having to sell their cryptocurrency and lose out on any future gains. Additionally, none of this is done outside of the security of the Ledger wallet.
“Active HODLers now have another method to use their digital assets beyond holding and trading without losing security,” Volkov continued.
Through this collaboration with YouHodler, we’re thrilled to give Ledger users more alternatives, according to Jean-Francois Rochet, vice president of transactions and services at Ledger. “The most secure and safest way to communicate with DeFi is through Ledger Live. It has been a pleasure working with YouHodler, and we look forward to continuing our collaboration for many years to come.”
Users of Ledger can now get more safe and more straightforward crypto loans within the app thanks to the connection with YouHodler PHISHING Cybercrime is on the increase in Canada and expensive.
Regarding YouHodler
YouHodler is a multidimensional FinTech platform that offers worldwide currency exchange, crypto-backed loans, crypto savings accounts, and cutting-edge crypto multiplication engines. The wallet from YouHodler is specifically made for the “active HODLers” out there who want to do more with their cryptocurrency portfolio than just HODL and trade. The platform is user-friendly and accessible for people just getting started in cryptocurrency while yet being advanced enough for specialists.
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