With the rise of crypto financial services, platforms like YouHodler offer not just crypto exchange, but also banking-like services such as loans.
Cryptocurrency Buying and Exchange Features
YouHodler supports a broad selection of cryptocurrencies for buying and exchange, including Bitcoin, Ethereum, and other altcoins. Purchases can be made in fiat currencies through various payment methods. For exchanges, users can quickly switch between supported cryptocurrencies and fiat.
Lending Services on YouHodler
YouHodler provides users the ability to take loans with crypto assets as collateral. The maximum loan term is 364 days, and the loan amount is determined by the value of the collateral. Users can receive loans in stablecoins or fiat currencies.
Additional Features and Security Measures
A unique feature of YouHodler is the Cloud Miner, allowing users to earn Bitcoin rewards. The platform takes security seriously, with measures like multi-factor authentication and a partnership with Ledger Vault for asset insurance.
YouHodler offers a balanced platform suitable for both new and experienced users, providing a variety of options for managing crypto assets.