Countries worldwide have slowly begun to open their borders, which means summer travel plans might be back on.
YouHodler, the EU-based fintech platform, has announced a Crypto Journey giveaway to help their platform users get back into the travel spirit.
Participants will have the opportunity to win grand prizes, including two round the world tickets from OneWorld Alliance, a 4-month Inspirato pass for hotel subscriptions and a brand new 13” MacBook Pro.
Team members from YouHodler share that promotions like this one are a major component of their mission “to connect the traditional finance world with a new digital economy.” The giveaway of NFT‘s further solidifying the bridge between digital art and physical representations of it.
Lending with fiat
YouHodler is a fintech platform designed for lending backed by cryptocurrency with fiat currencies, including USD, EUR and GBP.
Each crypto loan operates similarly to any other collateralized loan. Borrowers must attain fiat loans in place of their cryptocurrency assets like Bitcoin (BTC) or Ether (ETH). As would happen in a traditional loan, the borrower will receive the loan amount into their account and will later pay