Ledger Live enables simple and secure crypto loans via YouHodler
LAUSANNE, Switzerland, 1 March 2023 /PRNewswire/ — YouHodler, EU and Swiss regulated FinTech platform offering a range of Web3 crypto and fiat services for “active HODLers,” partnering with Ledger Live to offer its industry-leading offerings cryptocurrency lending function to provide a seamless lending service for Ledger Live users.
Located in Ledger Live’s “Discover” section, Ledger users can now access instantly crypto borrow through the app, with YouHodler’s industry-best 90% loan-to-value ratio (LTV) and 45 coins to choose from as collateral.
“Our long-term, strategic partnership with Ledger Enterprise has been successful for many years. We appreciate Ledger’s priority to create easy-to-use solutions with full security. We regularly discover creative ways to work together and add value to our respective communities.” said YouHodler boss Ilya Volkov.
Now Ledger users can use theirs cryptocurrency as collateral for a loan in EUR, USD, CHF, GBP or stablecoins without having to sell it and miss out on future growth opportunities. Moreover, this is done without leaving the security of the Ledger wallet.
Volkov added, “now active HODLers have yet another way to use their digital assets beyond hoarding and trading without sacrificing security.”
“We are 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 are excited to work together for many years to come.”
The integration with YouHodler allows Ledger users to access more securely and easily crypto loan for the first time on the app.
About YouHodler
YouHodler is a multifaceted FinTech platform with crypto– loan with collateral, crypto savings accounts, innovative crypto multiplication engines and universal currency exchange. YouHodler’s wallet is uniquely designed for the “active HODLers” of the world who want to put theirs crypto portfolio to use apart from simple HODLing and trading. The platform is progressive enough for experts, while being user-friendly and accessible to those just starting out crypto.
Learn more about YouHodler
About Ledger
Founded in Paris in 2014, Ledger is a global platform for digital assets and Web3. Ledger is already a world leader in Critical Digital Asset security and utility. With more than 6M devices sold to consumers in 200 countries and 10+ languages, 100+ financial institutions and brands as customers, 20% of the world’s crypto assets are secured, plus services that support trading, buying, spending, earning and NFTs. Ledger’s products include: Ledger Stax, Nano S Plus, Nano X hardware wallets, Ledger Live companion app, [ Ledger ] Market, the world’s first distribution platform for secure coining and first sale, and Ledger Enterprise. With its ease of use, Ledger allows a user to start investing in digital assets and ultimately achieve financial freedom in a safe and stress-free environment.
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SOURCE YouHodler
