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YouHodler is a digital asset lending platform that allows users to collateralize their crypto and take out cash loans. The app also features a built-in wallet, allowing users to store their cryptocurrencies in one place. YouHodler was founded in 2017 by Denis Dovgopoliy and Ilya Volkov.

YouHodler App Overview

YouHodler is an app that allows users to hodl their cryptocurrencies. The app also allows users to buy, sell, and trade cryptocurrencies. The app is available for both iOS and Android devices.

Crypto lending has become a popular method for investors to increase their crypto portfolios and make extra income. Compared to traditional banks or TradFi, crypto lending offers a higher yield on crypto deposits. However, the rate differs according to platforms. Before crypto lending platforms became popular, investors had to leverage long-term holding or engage in short trading. Given the market’s volatility, both methods may be an unreliable way to earn extra income.

For instance, some investors typically buy crypto to HODL (a popular acronym for holding on to crypto through its price fluctuations). In a bear market like the market, it might take ages for an investor to make money HODLing. Refusing to sell with the belief that your crypto will rise is a decision that might bite you in the back. Short trading is more technical and might lead to more losses if you aren’t a proficient trader.

Cryptocurrency, known as digital money, was initially designed to ease payments without going through a bank or using a financial intermediary. As DeFi developed, the need to introduce more banking services became greater as demand increased. Since the objective of DeFi is to decentralize financial services and reduce entry barriers through blockchain, several DeFi protocols like Compound emerged. Its primary concern is to offer borrowing and lending services.

However, many users find it difficult to utilize the borrowing and lending services on Compound. This review explains how to borrow crypto with Compound and earn interest.

If you’re looking for a loan but don’t have any collateral, you may be wondering if it’s possible to get a crypto loan without collateral. The good news is that there are some options available for those looking for a loan in the United States.

One option is to consider a peer-to-peer lending platform. Borrowers can connect with investors on these platforms who are willing to lend them money. There are a few different peer-to-peer lending platforms that cater to crypto loans, so you should be able to find one that meets your needs.

At the beginning of August YouHodler got Regulatory Approval to Operate in Italy. French, Spanish, and Italian versions of its app have also been launched. You can change the language from the settings menu.

At the end of July, Youhodler introduced Dual-Asset, a new product that combines the yield generation strategies from decentralized finance (DeFi) with the simplicity of traditional FinTech platforms. From its first week, Dual becomes the most used product on the platform due to its simplicity and high returns (up to 365% APR)

You might know Bitcoin and other cryptocurrencies. It’s also possible you’ve even purchased some on a cryptocurrency exchange. You undoubtedly know there’s more to it than most people think.

The independent, decentralized, and fast-growing economy that has arisen around blockchain technology and cryptocurrencies is something that most people outside the cryptosphere are probably unaware of. If you want to get into cryptocurrencies but don’t want to buy them on an exchange using real money, you can get started in various other methods. Let’s have a look at a few options.

Here is something for you to ponder: Is it good for Crypto investors to hold their wealth in their wallets for a long time until they see the price rise?

Many would say it is a smart move, but what if we tell you there is much more you can do with your crypto property instead of hoarding it? This is where the concept of crypto lending comes in. This article will discuss crypto lending, how to borrow against crypto, how the crypto loans work, and how to make passive income with Bitcoin lending.

Crypto lending is an ingenious tool for getting the money you need quickly, as it allows you to use your crypto holdings as a safety net to receive secure funds. If you are wondering how you can get cryptocurrency, secured cryptocurrency lending is a practical tool. This enables crypto users to use their crypto assets as collateral to receive funding in fiat currencies or stablecoins.

This allows you to receive cash without having to sell your coins, use the money to achieve your goals, and then agree to return your property. Cryptocurrency financing allows you to use the electronic property you own to generate profit by lending some or all of the ownership.