Youhodler Dual Assets Review

YouHodler review states that this platform is a hybrid platform that manages a lending program and a cryptocurrency exchange. Additionally, it provides high-yielding cryptocurrency savings choices. Although there is no Youhodler United states. Its services are restricted to the USA, Germany, North Korea, Syria, etc.

Loans are available via the crypto loan desk in a number of significant fiat currencies and cryptocurrencies, including stablecoins. While this is going on, the crypto saving function, which is essentially a new generation of crypto banking platform, pays up to 10.3% yearly interest on crypto savings accounts. However, Youhodler provides special features for customers to just bring more profit and satisfaction. Some of these are dual assets, turbochargers, Multi HODL, etc.

Dual Assets, as the name implies, require tying together two different types of assets: a stablecoin and a cryptocurrency asset. As a result, the user and the market have an opportunity to increase their yield by correctly estimating an asset’s potential for future growth.

You only need to deposit cryptocurrency into your YouHodler wallets to use the Dual Assets functionality of YouHodler. It’s that easy, and the results are comparable. Similar to DeFi, but quicker and easier.

What is Dual Assets?

With the help of the short-term trading tool Dual Asset, you may increase your returns in low-volatility markets. You can earn larger returns on your investment by simply predicting the direction of a specific crypto asset, such as BTC, ETH, LINK, BIT, and many more, within a predetermined duration. Depending on the outcome of your trade, you will either receive your proceeds in USDT or your preferred cryptocurrency asset at maturity.

The greater rate and flexible short deposit time make it attractive. Higher yield does come with greater risk, but customers are free to select how they feel about the present market and make deposits by that feeling.

Youhodler is accessible to all categories of cryptocurrency investors because of built-in features like crypto to crypto or fiat conversions, an intuitive platform, and compliance with Swiss regulator requirements. Unlike most DeFi protocols, Youhodler does not require advanced knowledge to make money in crypto.

For instance:

Consider that you choose the USDT or ETH 1-day staking package with a 365% APR. Depending on the market price, you receive your USDT or ETH back within the following 24 hours.

You receive your payout in USDT plus a 365% APR on your payment if the price of Ethereum is lower than it was when you first opened your position.

You receive your USDT back along with the 365% that was computed for one day if the price of Ethereum is the same as when you launched your position or higher. Despite market turbulence, you get paid in Tether or Ethereum. It’s a win-win for the situation as a result.

A cryptocurrency holder only needs to register, deposit cryptocurrency or cash, select a crypto pair and input asset, choose a staking strategy, and make money.

How Dual Assets work?

However, we use cryptocurrencies and stablecoins as opposed to the foreign exchange market between two fiat currencies.

The process goes as thus:

• Select your choice of cryptocurrencies from the assets lost provided. All major cryptocurrencies are available.
• Then select the input coin i.e stablecoins or cryptocurrency depending on your Youhodler wallet balance.
• Choose a staking plan that best suits you. It is between one to five days.
• And the last step is to gain profit. Whether the settlement price is more than or lower than the target price will determine how much money you make. You get compensated in cryptocurrency if it is lower. You are rewarded in stablecoins as mentioned above. You will nonetheless receive a portion of the yield

Pros and Cons of Youhodler Dual Assets

Pros

• When the target is attained and the “Buy Low” or “Sell High” product is filled, there are no trading expenses.
• Variety: You have access to a large selection of assets, and you may customize the target date and price to suit your needs.
• There is a Youhodler bonus code available for users.
• Buy Low or Sell High: You can purchase cryptocurrency at a discount or sell it at a premium.

Cons of Dual Assets

• You lose the chance to buy or sell at a more advantageous price if the price drifts further from the Target Price.

You cannot cancel or redeem the subscribed assets before the settlement date since they are locked.

Security Measures

We have included YouHodler on our list because of the security measures it takes to protect its users’ valuables. YouHodler regularly conducts security checks on its platform to ensure security. Additionally, the platform employs reliable encryption and security software to prevent thefts and breaches on its network.

Conclusion

Profits on the platform may be lower at YouHodler due to its more cautious business strategy than its rivals, but ultimately, this gives customers more security and long-term stability in the face of turbulent market conditions. In essence, Dual Assets generate profits in bull markets and build