There are a lot of crypto loans on the market. However, in this article, we would like to outline the key features of the headliner – YouToken’s crypto loan service. YouToken has a hot design and easy-to-understand functionalities.
YouToken Crypto Loan: Quick Verification Process
YouToken’s quick verification process is an identity check that requires your document, selfie, and personal information. The process will only take you a couple of minutes to complete. In some cases, the process might take up to 24 hours, but usually it is processed in a matter of minutes and seconds. After verifying your profile, you can quickly move on to the next steps.
YouToken Crypto Loan: Instant Fiat
YouToken offers you easy-to-get fiat in exchange for your cryptocurrency. You can select the cryptocurrency type depending on your specific situation. YouToken offers some of the best rates and the process for receiving your fiat is completed almost instantly.
The company accepts payment options such as Visa, MasterCard, and AMEX.
YouToken Crypto Loan: Beginners Allowed
YouToken’s platform has a super-minimalist interface. In fact, you don’t need much knowledge to figure out how to navigate the site. There are sections for your profile, loans, and wallets in which you store your crypto deposits. The internal wallet is similar to the one on Coinbase. All one needs to do is to click on “Deposit” under the crypto selection and transfer his/her money to the internal wallets.
After depositing your cryptocurrency, you can use it as collateral to borrow fiat money. You even have the option to select the loan terms. The loan terms include the number of days for the loan as well as the % loan-to-value ratio (such as 80% loan-to-value ratio for a minimal number of days).
There are website sections displaying your transaction history and deposits so that you will be able to view your balances instantly and quickly.
Why Customers Can Trust YouToken Loan
The company is a licensed company with a professional and reputable team. The founder has 20+ years of support in fintech. For customer support questions, you can reach out to [email protected].