Youhodler Multi Hodl
With multi-HODL, customers can invest safely with 80% of their funds while taking calculated risks with the remaining 20%.
With multi-HODL, customers can invest safely with 80% of their funds while taking calculated risks with the remaining 20%.
Turbocharge allows its users to invest their funds in a “loan chain.” Turbocharge allows its users to invest their funds in a “loan chain.”
The end result is a user-friendly crypto wealth management platform that may provide returns of up to 365% APR.
As a new option to earn income using cryptocurrencies; both stable and altcoins, we’ll discuss Youhodler here. Consequently, in the following paragraphs, we’ll examine the efficacy and dependability of the latest method for earning interest on Bitcoin and cryptocurrency savings accounts.
Youhodler is a cryptocurrency platform that facilitates easy exchanges, loans with cryptocurrency as collateral, and interest on cryptocurrency holdings. Let’s discuss.
Many people regard cryptocurrencies as a possible alternative to established fiat currencies. However, the asset’s extreme volatility often scares away inexperienced investors.
The key to making money in this market, like in any market, is to keep your assets fixed at a certain price and not give in to market pressures. But it’s far simpler to say than to actually accomplish.
Maintaining and protecting cryptocurrency holdings (HODL in English) is challenging because of the volatile performance of cryptocurrencies, especially when instantaneous access to assets is required.
Youhodler was released as a means of locating novel ways to investigate earnings potential. Youhodler loans can be secured against an investor’s cryptocurrency holdings on the platform, but the investors can keep their cryptocurrency holdings.
The platform was an immediate success among crypto enthusiasts, leading to the development of a wide range of crypto-fiat financial services. To help cryptocurrency investors make informed decisions, we’ve provided a thorough analysis of Youhodler and the value it can provide to the market.
Youhodler is a Swiss company that offers cryptocurrency lending services. However, the Youhodler brand is legally owned by Naumard LTD, a Cyprus-based company with an office at Arch Makariou III, 172, Melford Tower, 3027 Limassol, Cyprus.
You can still HODL without waiting for the price to go up, which is one of its key ideas. Instantaneously borrow fiat funds based on the value of Bitcoin holdings. Stablecoins can also be used in conjunction with cryptocurrency exchanges and transactions, as well as the other way around.
Having the funds sent directly into a user’s bank account or charged to a credit card would be the most convenient option. Users can furthermore open a Youhodler savings account to save their cryptocurrency.
Youhodler could be thought of as a virtual savings account for your digital currency. It’s a quick and simple way for users to move money or other valuables, and it’s efficient.
The platform is designed to offer its users a comprehensive service. Everything a Youhodler crypto enthusiast or trader could want is right here.
To put it another way, Youhodler provides several options for making the most of your digital holdings. Multi HODL and Exchange are two new offerings from Youhodler.
An explanation of both items is provided below.
Youhodler Exchange offers minimal costs and instant buy/sell pricing for a variety of cryptocurrencies, fiat currencies, and stablecoins.
You can now buy Bitcoin using your credit card (VISA, Mastercard) or SEPA bank account, and you can instantly convert your funds between any two cryptocurrencies, as well as fiat currencies and stablecoins. You can buy Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and a plethora of other coins. US Dollar, Euro, Swiss Franc, and British Pound are all accepted.
Each Bitcoin loan needs to account for the market’s volatility in terms of pricing. Cryptocurrency prices, as many investors know, are prone to wild swings, often by double digits.
Youhodler has put in place procedures to ensure that the loan amount will not change even if the price of the cryptocurrency drops. There is a “lower price limit” for each possible loan package.
Youhodler claims that the Price Down Limit (PDL) gives the provider the authority to sell the guarantee and close the loan if the price of the guarantee drops below that level. If your guarantee’s price drops below 2/3 of the PDL, you’ll receive an email alert.
Your current budget won’t increase for this action.
Increases in the value of cryptocurrencies would mean: The “Take Profit” option, on the other hand, can be used if the value of the crypto-collateral rises. You can specify a Take Profit level, and whenever the price reaches that level, Youhodler will sell the collateral to repay the loan and send you the proceeds.
Customers “set the closing price” when they apply for a loan.
Youhodler’s capacity to provide loans to its users is probably its most unique selling point. These potential funding avenues could be seen as a hedge by an investor. A flexible entry point into the Bitcoin trading markets is provided.
A cryptocurrency-backed line of credit allows you to withdraw money whenever you need it without having to access your cryptocurrency wallet.
To put it simply, it removes a lot of the peril normally associated with making financial investments. Youhodler is ahead of the competition because of the high loan-to-value ratio it provides (up to 90%).
Youhodler is ahead of the curve because it accepts 15 different cryptos as deposits. Instantaneous cash loans are available in USD, EUR, GBP, CHF, and cryptocurrencies like Bitcoin (BTC) and Tether (USDT). Cryptocurrency loans have competitive interest rates of 12% APR. Interest rates on short-term loans can reach 2.5%.
Let’s take a peek at Youhodler’s loan procedure now.
Youhodler provides several different loan application methods. You can use a number of different altcoins as collateral and apply for a loan in either fiat currency or Bitcoin.
What happens when you first apply is as follows:
It’s easy to see how straightforward the procedure is. The loan application process does not involve checking credit or determining loan eligibility. By contrast, if your promises are strong and your account is validated, you should be fine.
Youhodler provides a convenient way to convert and swap currencies without leaving the app. It makes use of a cryptographic conversion technique that is both safe and precise. That way, they can keep managing their digital wallets right on Youhodler without having to sign up for any other third-party services.
Exchanges are executed not only between cryptocurrencies but also between cryptocurrencies and fiat/stablecoin. There is support for four different currencies: the US dollar, the Euro, the British pound, and the Swiss franc. The list of available cryptocurrencies evolves frequently.
Youhodler provides an alternative way to manage your assets while retaining all the conveniences of fiat currency. Users can open a savings account and receive interest on their cryptocurrency holdings.
As of this writing, Youhodler’s savings account is compatible with 15 different cryptocurrencies. To make up for the absence of specific cryptocurrencies, you can swap in others or even convert fiat money.
At Youhodler, we offer weekly interest payments that compound to an annualized yield of up to 12%. Although, before putting your money down, you should consider the following.
If you withdraw money from your weekly interest-bearing account before the end of the week, you will forfeit the interest you would have received for that week. Extra cryptocurrency deposits made during the week will not accrue interest until the following week.
Your savings account will be credited with the weekly interest payment. You have the option of either withdrawing the money or keeping it in the account to use for future investments.
In this MULTI HODL review, let’s check what it’s all about. Youhodler has released a brand new offering called “Multi HODL.” Make use of the Turbocharge concept to maximize your financial resources.
It’s possible to multiply the value of your cryptocurrency holdings by two using this tool and the funds currently in your wallet or Youhodler account.
Youhodler says that by adding this feature, your earnings can increase by up to 290%. Up to 12 different cryptocurrencies are available to members, and each user can adjust their own risk tolerance.
This allows you to limit your potential loss on these investments to a predetermined sum. By selecting the Multi HODL option, users can automate the reinvestment of a fixed percentage of their assets.
This sum will be used as security for a “loan chain” set up by Youhodler and operated as follows:
In order to borrow US Dollars, the UP option will employ cryptocurrency as collateral. If you believe the value of cryptocurrency will rise, this strategy will be profitable for you.
As collateral, USD will be pledged in the DOWN option to secure a loan for the purchase of cryptocurrency. Profiting from a decline in cryptocurrency value is your goal here.
With multi-HODL, customers can invest safely with 80% of their funds while taking calculated risks with the remaining 20%.
With Dual Asset, you may make use of both the yield creation tactics of decentralized finance (DeFi) and the ease of use of conventional FinTech systems.
The end result is a user-friendly crypto wealth management platform that may provide returns of up to 365% APR.
Let’s discuss turbocharge review here:
Turbocharge allows its users to invest their funds in a “loan chain.”
First, the number of guaranteed loans and the amount of default protection to be provided will be determined. Youhodler will immediately take out a new loan using the specified amount and Bitcoin as collateral when you click the “Turbocharge” button.
The procedure repeats itself in cycles until the user stops it. After the initial loan is approved, Youhodler does not charge any more fees. Furthermore, the interest rate for each loan is lowered. 100 USD (or 0.01 BTC) is the lowest possible initial loan amount.
Let’s see how this wallet works in this Youhodler wallet review: In just four easy steps, you can start earning income on your Bitcoin and other cryptocurrencies:
The investment options available on Youhodler are created with ease of use and productivity in mind.
Any cryptocurrency can be moved to another address, converted to fiat currency, and stored in a wallet for later use or investment. The company provides Bitcoin and over 14 other prominent cryptocurrencies with their own wallet options.
Youhodler’s dashboard is where you’ll manage your account and cash out any money from using the platform’s other features. To ensure the security of your fiat cash, Youhodler has worked with several trusted financial institutions. You can’t get a loan, create a bank account, or handle your investments in any way other than through your crypto-fiat wallet.
Exactly what are the charges and fees for using Youhodler? All fees associated with making a deposit, taking out a loan, and using the platform’s primary services are outlined below.
The following are the fees associated with the initial deposit:
Bank transfer | Dollars or euros: 25 EUR or 25 USD |
Loan repayment: Credit card | 4.7% |
Stablecoins | 0 |
Cryptocurrency | 0 |
In the event of a deposit using cryptocurrency, a minimum of 5 USD is required. If you want to pay with a bank transfer, you’ll need at least 100 USD, EUR, GBP, or CHF. Our total balance in all currencies is limited to $100,000
It takes at least $100 in order to earn interest (or currencies for an amount equivalent to this value).
Youhodler withdrawal fee charges are as follows:
Fiat coins | EUR: Fixed commission of euros;
USD: 1.5% with a minimum withdrawal of $ 70; GBP: 0.15% with a minimum of £ 55; CHF: 0.15% with a minimum of 55 Swiss francs. |
Cryptocurrencies and Stablecoin | Exchange rates determine the exact cost. Commissions are displayed in the Wallet section of the app. Pickup timings can shift on a moment’s notice and could be anywhere from a few minutes to a few hours. |
Youhodler’s escrow service and cryptocurrency trading now accept 57 different tokens.
Among these the most interesting are:
In this year, 2022, Youhodler have announced a proposal to increase their range of cryptocurrencies to give users a wider investment opportunity.
One of the major questions is if Youhodler USA exists. Check out this list of unsupported countries:
When you join their affiliate program, they will provide you with a unique link that you can promote to whomever you like. You’ll earn a commission on any signups made through your Youhodler link. If more people sign up for the service, you’ll make more money. Currently, Youhodler provides a highly beneficial contract:
Their fee is USD 20 for each new savings account opened through your referral link, USD 130 for each loan requested, and USD 130 for each new TurboCharge or MultiHODL procedure started.
Anyone interested can sign up by clicking the various links throughout this review; they have no restrictions on the amount of subscribers. For this reason, it is strongly suggested for various types of financial operators or influencers. Those who can amass a sizable following will gain much from spreading Youhodler and will be rewarded handsomely for their efforts.
In addition, you accept payments in any currency or cryptocurrency.
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The Youhodler app provides us with entry into the whole suite of features. The software may be downloaded from the Google Play Store for Android smartphones and the Apple App Store for iOS devices.
The safety measures are top-notch and complex. We are required to enter a verification code that was emailed to us at the time of access. Next, we’re asked to set up a personal identification number (PIN) that will be required each time we log in. The use of a phone number verification service or a mobile app for authentication can further strengthen the security of the system. At long last, a fingerprint authentication is an option for compatible devices.
There’s also a live chat option for reaching their customer care.
No, YouHodler is not available in the United States. YouHodler is a European based digital asset platform, and is not currently available for US–based customers. The platform is constantly expanding and adding new services to its offering. Currently, the platform is not available to US customers due to regulatory issues. This means that US customers cannot use YouHodler’s services. However, the platform is actively working on launching its services in the US, and it is expected that US customers will be able to use YouHodler’s services soon.
As far as Bitcoin and cryptocurrency investors are concerned, Youhodler appears to have thought of just about everything.
Whether you’re a HODLer or a risk-taker, the organization has the tools you need. It’s a great resource for both novice and seasoned traders, providing a level playing field.
Some examples are
However, you should also think about the following:
Email them at support@yuouhodler.com if you ever need to chat with them. If you’re using ad-blocking software or any plugin that can change the page’s content, it is in your best interest to deactivate them. Also, there may be impostors so be wary. Youhodler will only get in touch with you through their website’s chat feature or via email.
Youhodler is a website that places a premium on user privacy and protection. Learn with me why I feel safe entrusting my cryptocurrency savings to this service’s loan or deposit procedures.
Youhodler serves a sizable user base in the cryptocurrency industry; maintaining the highest standards of security is essential to the company’s future success. Honesty is essential, as is treating the customer with dignity. But in reality, a fake service would have a hard time being established in a market as large and dynamic as the one we have today.
Youhodler employs cutting-edge security measures to stop criminals from stealing our digital currency. To prevent losing access to our money, you split it between cold storage and a “hot” wallet on occasion.
With its three-factor authentication method, you may swiftly halt any and all monetary transactions. Those with balances over $10,000 USD on the Youhodler platform can even disable withdrawals without sacrificing access to the rest of the site’s capabilities. By then, it will be necessary to take an extra step to ensure the safety of your funds by requiring a second form of identification for any withdrawals or deposits.
Aside from the technological assurances, there are also legal requirements. Because of EU legislation, Youhodler must record every transaction and provide ironclad guarantees for the recovery and safekeeping of user funds.
In the event of a disagreement, we can seek arbitration through the Blockchain Association. To be a good member, Youhodler has to follow the guidelines set forth by the organization. If you have a problem with your cryptocurrency and file a complaint with the Blockchain Association, you will get an answer fast and can get your coins back. Youhodler has not yet received a complaint via this channel.
In conclusion, we talk about our joint efforts with CipherTrace and Elliptic. The goal of these services is to protect their users from becoming victims of fraud, scams, and other dishonest practices by giving them full control over their financial dealings.
Cryptocurrency loans are seen as a strategic instrument for investors to use in order to hedge and leverage their holdings.
Due to this, cryptocurrency lending platforms are no longer a niche offering. Youhodler is a reliable service that offers many perks to cryptocurrency investors of various stripes.
However, the provider may be more appealing to people who hold substantial quantities of “inactive” cryptocurrencies in a cold wallet, not least because of the interest they may accrue.
Due to its high interest rates, it may not be the greatest option for borrowers seeking long-term loans. As an alternative, Youhodler could be the answer to your short-term cash flow problems.
Is Youhodler available in the US?
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