The world of cryptocurrencies and transactions associated with this particular continues to grow steadily. For this, people or interested parties rely on specialized platforms such as YouHodler. Thanks to it, getting the most out of these digital assets is totally a fact.
In general terms, this is a platform designed as an innovation in terms of financial technology. Hand in hand with the tools it offers to its public, it ensures success in a large percentage of the strategies outlined. In addition, it is internationally recognized for its diverse ways of use, being opportune to analyze more about it.
Face to face with Youhodler and all it means. What exactly is this platform?
What is Youhodler? is one of the first questions people ask themselves when they hear about it. Consequently, it doesn’t take too long to fully soak in all that it has to offer. Basically, it is a platform specialized in the use of cryptocurrencies, but from various perspectives.
With birth dating back to 2018 by the company Ilya Volkov, it has reached maximum popularity among its followers. The main reason is that this application allows you to enter interest on your assets in an easier way compared to other sites.
To top it off, it is backed by organizations in the field such as Blockchain Association, as well as Crypto Valley. Therefore, its veracity and authenticity is more than proven by being part of these regulatory bodies.
The platform is designed to earn up to 12.7% of total interest, managing the possibility of exchanging or buying cryptocurrencies. In the same way, it serves as an alternative to take the first steps in this field hand in hand with its credit plans. That is to say, it grants its clients an affordable loan with the purpose of starting to make their transactions.
And how does it work? Easier than it looks
The way Youhodler works is simpler than what some users who fall into dilemmas make it out to be. It is enough to access the platform’s official website and create a profile with reliable customer data. However, all that is required is the current e-mail address and an original password for security purposes.
Next, in order to take full advantage of the platform, it is necessary to go through an identity verification (KYC). To do this, once you are on the main page of the application, you select the respective option to start the process.
In itself, this consists of loading document type between driver’s license, passport, identity card or residence permit. Selecting only one, it proceeds to scan or take a clear image of it from its front and then its back.
Subsequently, the option to borrow on YouHodler cemented in altcoin, US dollars or euros will be enabled. The particularity of them is that their interest rate is extremely low for the benefit of the client.
Additionally, the platform instructs the user to link their wallet or virtual wallet so that they can use their cryptoassets as collateral for the loan. Failing that, YouHodler has an option to link a credit card and directly purchase the most attractive assets.
What to know for the correct management of YouHodler? These are the most interesting tips
Initially and after creating a profile, users will have a variety of cryptocurrency and stablecoin options to choose from. Choosing the one that best suits their needs, from this moment on they can start executing their transactions in YouHodler.
As mentioned above, the platform allows up to 12.7% interest income on an annual basis as profit. Let’s not forget that the interest is compounded and that you will receive it in the same currency that you have deposited.
The stablecoinsknown within this system are USDT, USDC, PAX, TSUD, DAI, HUSD and EURS. From the U.S. Dollar to the Euro, it forms high-level transactions in a variety of options.
The fantastic thing about this platform is that the user is not dependent on market valuation trends. On the contrary, the firm from the outset guarantees the investor’s interests, fully safeguarding his or her profits.
To meet its objective, lending is the backbone
The company itself describes itself in its About Us section as a specialized FinTech platform for Fiat-based lending. Based in the European Union (Switzerland), it has made exponential progress when it comes to this cryptocurrency trading strategy.
All YouHodler loans or plans secure and protect the client’s investment in every way. They are even backed by cryptocurrencies themselves in terms of collateral as such.
The platform offers different specialized plans including: Extreme plan, bull run, HODL stations, anti-crisis and the favorite HODler. Each plan features different policies with varying loan-to-value percentages. In turn, each displays various loan repayment limits, with 180 days being the highest in the “HODler stations.”
What are the cryptocurrencies accepted by the platform?
YouHodler is a fairly complete platform that, from the beginning, allows the exchange, purchase and sale of cryptocurrencies. The portfolio established within its interface is user-friendly, with Bitcoin and Ethereum standing out as primary options.
But that completes the list of cryptocurrencies with: Link, Uniswap, Compound, Litecoin, Maker, Ripple, Binance, PaxGold, Dash, EOS, Bitcoin Cash, Bitcoin SV, Basic Attention Token, Huobi Token and Augur. Recently they have announced that very soon will also be available: Ethereum Classic, Tezos, Tron, Monero and Cardano. In conclusion, one of the broadest portfolios in the market to make your transactions and manage your cryptoassets.
YouHodler is the platform of the future
Learning how to use YouHodler will mean an extraordinary advantage for the future since it will be the trend-setting platform that will help you on the road to financial freedom. Through its interesting interest returns and ways of investing.
Its low commissions, management capacity, market evaluation, low interest loans and high returns with its deposits, make it a perfect platform. It is worth mentioning that the customer service is excellent, solving any small detail in a more than reasonable period of time (usually a few minutes) and improving even more its platform every few years.
Get started with YouHodler now
Whether you are interested in a loan, or you just want to deposit your cryptocurrencies and receive a high interest (paid weekly) for it. Register at YouHodler and start earning.
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