Youhodler dual asset review 2023 talks about a trading method that you can use for shorter time frames that allows you to generate larger returns in markets with minimal volatility. To increase your investment profits, you must correctly forecast the movement of a particular cryptocurrency asset within a specified period of time. This is different from a Youhodler savings account. This might be Bitcoin in your Bitcoin wallet, Ethereum, Link, or Bit, amongst other cryptocurrencies. Depending on how the deal turns out, the proceeds of your investment will be returned to you upon maturity in the form of USDT or the cryptocurrency asset of your choice. Read more about this Youhodler review in 2023 to find out more.
What Is Dual Asset?
Dual Assets include combining two assets, one of which is a cryptocurrency asset and the other a stablecoin, as the name suggests. Because of this, both the user and the market can increase their returns by estimating how an asset’s value will increase in the future. This product is suitable for crypto investors who want to effectively control their risk while generating more yield than is possible with standard “hodling” strategies.
In a nutshell, the mechanisms that underpin Dual Asset can be broken down into three primary components. Let’s look at an example to learn how it operates. For this exercise, let’s assume that the price of Ethereum (ETH) in terms of the ETH/USDT pair is 1,500 USD.
First, select the ETH/USDT pair from the assets list on your trading platform.
Step 2: Launch a stake with an initial input coin value of 1 ETH (or 1,500 USDT).
Step 3: Pick a plan, such as “1 day for 365% APR,” and click the Start button.
After considering the beginning price and the length of the contract, Youhodler arbitrates the range of the annualized yield in ETH. When the time allotted for your plan has passed, the settlement price will be evaluated at the starting price. Depending on the answer to this question, you will either be paid back in ETH or USDT.
If the price of ETH stays higher than the starting price by the time the term is over, you will receive a return on your initial investment in addition to the additional yield paid out in USDT created throughout the plan.
You will receive a return on your initial investment in addition to the additional yield created on ETH during your plan’s duration if ETH’s price settles lower than the initial price. Although it could appear to be a loss to be paid in a currency that has just experienced a drop in value, this might very well turn out to be lucrative in the long run if and when ETH’s value begins to climb again.
When you open a Dual Asset deal, the maximum amount of money that can be saved in your wallet immediately increases for one week. If you withdraw $10,000 out of your savings to utilize the Dual function, your limit on how much you can save will increase not once but twice. Your limit on savings will be increased by an additional $10,000 at the beginning of the offer, then another $10,000 at the end of the deal; this increase, which will last for one week, will take effect immediately. After that, the limit on the amount that can be saved will revert to its initial value.
How does Dual Asset Work At Youhodler?
Youhodler customers now can combine the methods for yield production offered by decentralized finance (DeFi) with the ease of use offered by standard FinTech platforms, thanks to the Dual asset of Youhodler.
The result is a user-friendly crypto wealth management tool that anyone can use, and it offers returns of up to 385% annualized.
Let’s imagine you choose to go with the 1-day AVAX/USDT staking plan, which has an annual rate of 385%. In the next twenty-four hours, you will receive a result denominated in the output currency plus the yield, equivalent to AVAX or USDT. The difference in pricing between the initial market price of AVAX/USDT and the market price at the end of Dual determines the currency output by Dual.
- The transaction is considered a loss if the final price is lower than the starting price.
Suppose the AVAX price at the end of the Dual plan is lower than the initial price when you opened your order. In that case, you will receive the corresponding payout of your initial investment and a yield bonus of 385% annual percentage return in AVAX (no matter if the input currency was in AVAX or USDT).
- If the final price is higher than the starting price.
You will receive both your payout and dividend in USDT if the current price of AVAX is the same as or higher than the starting price.
Dual Asset Comparison VS DeFi Platforms
When you deposit your assets into a DeFi protocol for yield creation, you are placing significant faith in an organization that is frequently conducted in secret. Indeed, these protocols will frequently guarantee your yields in the double- or even triple-digit range, but the fact that these DeFi systems suffer from a lack of trust and security is cause for concern.
Dual Asset VS Multi Hodl
This innovative trading technique, known as Multi HODL, is built on the concept of crypto lending. Clients can use the tool to their advantage by taking out loans to buy or sell additional crypto, which assists them in effectively longing or shorting the market. Traders who use these loans have the potential to increase their cryptocurrency holdings by a factor of up to fifty, depending on the outcome of the transaction. To know more about Multi HODL, check our Multi Hodl review.
While the process of combining two assets, namely one digital asset and one stablecoin, is referred to as dual assets. Because of this, both the user and the market can increase their returns by estimating how an asset’s value will increase in the future. This product is suitable for crypto investors who want to effectively control their risk while generating more yield than is possible with standard “hodling” strategies.
Dual Benefits And Features
- There will be no changes to the APR. You will always earn your yield, regardless of how volatile the market is.
- There are no additional charges, rollovers, or anything else.
- It’s a win-win situation. You and Youhodler are both winners in this game. Because of the guaranteed yield, the number of units will increase even if the value of the payment coin is less than what it was at the beginning of the Dual. This implies that if you receive your reward in a volatile asset, you can convert it back to other coins whenever the asset’s price increases or make other Dual Assets deal if you choose. Youhodler generates revenue by performing the necessary conversion activities to carry out Dual orders.
Conclusion
In conclusion, the Youhodler Dual Asset is a great way to earn high rates with dual assets. The company has a great reputation and is known for its high-quality service. If you are looking for a reliable and trustworthy way to invest your money, then Youhodler is the right choice. If you don’t have enough investments, you can use Youhodler turbocharge services to get high loans for your investments.
Also, with the Youhodler referral code, you stand a chance to increase your income with the referral program.