Our first stop – getting to know the YouHodler platform & earning your first BTC in one click 👌
Why YouHodler?
Hailing from Switzerland, it’s a cryptocurrency exchange and lender, where you can buy, sell and exchange crypto and earn yield on crypto deposits. User-friendly services of the platform allow beginners to start receiving their first crypto profit immediately after registration! 😎
| Platform name | YouHodler |
| Official webiste | www.youhodler.com |
| Availability | Europe, Latam |
| Availability in the US | No |
| Products | Lending, Yield Account, Loans, Wallet, Exchange, Trading, Card (new) |
| APR Rates | Up to 12% on stablecoins, 7% on BTC, 15% on other crypto |
| Yield Paid | Weekly |
| Mobile App | Yes (Android / iOS) |
| Deposit fees | Crypto: $0 Wire bank: EUR, CHF – 0 | USD – $25 | GBP – £20 Bank card: 1% AdvCash: from 0.5% Apple pay: 1% (USD & EUR only) |
| Withdrawal fees | Varies by crypto |
So why did we choose YouHodler? 👇
- Developed by professionals: Ilya Volkov, a prominent figure with 15 years of experience in fintech commercial finance and trading, founded YouHodler in 2018. He is an active member of the Blockchain Association and the Crypto Valley Association.
- Regulatory status: YouHodler strengthens its European presence with Organismo Agenti e Mediatori (OAM) registration and approval as a cryptocurrency service provider in Italy. Operating under E.U. and Swiss regulatory frameworks, the company complies with relevant financial regulations.
- Security: YouHodler partners with Ledger Vault to offer up to $150 million customized crime insurance coverage. Backed by Arch UK Lloyds of London, it safeguards against employee and third-party theft of private keys/seeds. To enhance security, YouHodler stores and encrypts cold wallet keys, controls key usage with multi-signature principles and utilizes backup recovery mechanisms through the Ledger partnership.
- Reputation & Partnerships: As an active member of the Blockchain Association of Financial Commission and the Crypto Valley Association, YouHodler prioritizes customer protection. Customers can seek assistance from licensed third parties for conflict resolution. Also YouHodler’s partnerships with fiat payment providers demonstrate a history of collaborating with banks and government (Europe and Switzerland) entities to ensure a secure customer experience.
YouHodler products
So that you understand exactly how YouHodler can help you in your crypto journey, let’s take a look at its services:
- Wallet – a custodial hot wallet that you can use to store, exchange, and spend fiat, stablecoins and crypto. What is interesting: rewards, trading and loans integrated.
- MultiHODL – a rewarding but risky crypto trading service giving you an opportunity to capitalize on market movements (the price of a cryptocurrency increases or decreases – going “long” or “short”). The advantages of this service compared to other analogues: no opening or closing fees, no profit share fees & you can trade with as low as $10 equivalent.
- Converter/Exchange – with YouHodler platform you can exchange your fiat, crypto & stablecoins with one click, or buy crypto with credit card (Visa, Mastercard) and your SEPA bank account.
- Loans – a special service where YouHodler works like a pawnshop: you pledge your crypto as collateral (like a seller) to YouHodler (like a buyer). You can get a loan in EUR, USD, CHF, GBP, stablecoins or crypto and withdraw instantly to your credit cards, bank accounts or exchanges.
- Turbocharge – next special service where you create a chain of loans to benefit in case of further price growth. The platform uses borrowed fiat to purchase additional cryptocurrency without commission and then uses it as collateral for other loans in the chain. Each additional loan is used to multiply the crypto you own.
- Cloud miner (or Loyalty Program) – a crypto mining simulator in which you can mine BTC with Sparks that you receive for completing tasks and earn real Bitcoin rewards.
- Crypto card (New) – a virtual/physical card with 5% cash back (will be launched soon) on worldwide purchases with which you can spend fiat and crypto.
Loyalty program
You have found out how the YouHodler platform will be useful in your crypto adventure. Now it’s time to dive deeper into the basics of cryptocurrency and get your first reward! 😏
If you came to this course, then you have definitely heard such words as bitcoin and mining more than once. Let’s consolidate this knowledge:
- Bitcoin (BTC) – is the main decentralized digital currency. All other cryptocurrencies prices follow that of Bitcoin.
- Mining – is a complicated process where new bitcoins are created and transactions are verified on the Bitcoin network. Miners use their computer power to solve complex mathematical problems, which helps secure the network and confirm transactions. When a miner successfully solves a problem, they are rewarded with a certain amount of bitcoins as an incentive. This process ensures the integrity and decentralization of the Bitcoin network.
Sounds complicated? 😅 Yes, and very energy-consuming!
YouHodler gives you the opportunity to experience the thrill and earn real BTC with its cloud miner simulator. A gamified approach for Bitcoin mining, without any CPU/GPU usage or extra costs as it is part of its loyalty program and rewards. How does it work in practice? Watch the video below👇
Now is the time to get your first Bitcoin rewards! ⛏
🎁 Task: Sign up to YouHodler & mine your first BTC
- Sign up or download the YouHodler app with the button below.
- Go to Cloud Miner.
- Click on “Unlock all blocks” & on the blocks you want to mine ⛏
- After approximately 4 hours your free BTC rewards are available to claim!
Congratulations, now you’re a part of the crypto world 🙌
Go to the second lesson & learn how you can get the next reward!