Youhodler is a site on which you can generate compound interest on different cryptocurrencies. It is one of the leading platforms in its field for generating passive income. You can earn up to 6% APR on #Bitcoin and up to 12% on stablecoins. Youhodler is very popular because of its ease of use. All novices can use the services without having technical crypto knowledge.
On the platform, you can therefore earn passive income from lending and we receive our payments weekly. Withdrawals are very fast and you can also benefit from compound interest on your winnings.
Recently, the investment platform Youhodler has just released a new service “Dual Asset” which is already attracting many people.
Dua Asset: How does it work?
The Dual Assets service is also called Dual Currency Deposit (CDC) and is found in traditional finance. So, it is not a new system in itself but has simply been adapted in the field of cryptocurrencies.
It is therefore Youholder which innovates once again by offering us its Dual Assets service. So, what does this actually consist of?
The Dual Asset service consists of supporting a cryptocurrency and a stablecoin. That is why it is called “dual”. Each pair will have its details with the estimated range of profit that can be made.
How to benefit from the Dual Asset service?
To take advantage of the Dual Asset service, the steps to follow are very simple:
First, you must register on the site Youhodler.
Then, you must deposit the cryptocurrency or stablecoin of your choice. Moreover, note that you can buy cryptocurrencies by credit card directly on the site. This will be instantaneous and you will have cryptocurrencies immediately in your account.
Then, on the left sidebar, you have to click on “Dual”. This is where you can choose between a variety of pairs of your choice.
It's up to you to choose from the even pairs that interest you the most and with which you are most familiar.
- Then click on “Dual Asset” and choose the plan you want. It ranges from 12 hours to 7 days. The benefits can be up to 365% APR.
- Depending on the plan you choose, Youhodler will calculate the estimated benefit you receive at the end of the plan.
For example, for the AVAX/USD pair and for an investment of $1000, the estimated profit is $8 for one day.
(Returns in crypts are defined by APRs. You can find out more on the difference between APR and APY).
How do we know what we're going to win?
In fact, at the end of the plan, the Youhodler platform will calculate the asset price and the exercise price. You will then have one of two situations:
👉 Either the market price is higher than the initial price when depositing, the investor generates net profit. If for example, a user has deposited a crypto, then the yield generated is deposited into their account in the form of a stablecoin.
👉 If the market price is lower than the initial price of the asset, then the user still receives their initial investment in the form of the initial crypto. Even if the price of the asset is lower than when depositing, the investor still receives a return on his crypto. Thus, this can sometimes compensate for the drop in the price of the crypto in question.
Dual Asset, a good strategy in bearish periods?
What you need to remember is that Dual Asset allows for a win-win system. In both scenarios, the investor always receives more than their initial deposited amount.
Indeed, whatever the situation, the user receives profits. Even if the price of a crypto kick, this one receives interest. This can be seen as buying on the dip because in this case the user owns more of the asset than they originally had.
Likewise, it remains an excellent strategy when the market starts to rise again. The user will then have had cryptos at the best prices and will have a greater quantity to sell when the value of the asset increases.
Why choose the Dual Asset service?
In the crypto space, there are different ways to invest and make money. Sometimes, the returns can surprise you because they are so significant. Sometimes the underlying system is too complex to understand (see defi 2.0). Then, sometimes, they are scams like with the Pig Butchering Currently. In short, it is not easy for newbie investors to earn money in such a context.
In this context, the Dual Asset service is simple to understand and naturally, crypto investors are attracted.
The main idea is not to let your crypto assets "sleep" while they can generate interest.
Likewise, generating interest from a crypto when its value falls is a good preparation strategy for a future rise in prices.
However, there is no miracle method to winning. The cryptocurrency market is volatile. You should always do your own research and fundamental analysis before investing. Always.
How to take advantage of the current competition and win up to $10,000?
There is a competition currently running where users of the Dual Asset service can win up to $10,000 in prizes. To do this, you must invest a minimum of $300 in the Dual Asset to obtain a ticket. The more tickets you have, the more chances you have of winning.
If you want to know more about Youhodler, here are some articles you might like:
- Our opinion on the YouHodler platform, to earn cryptos!
- Youhodler: Your passive income every week.
- 5 best lending platforms (crypto loan).
Note: No financial advice is given in this or any other article on zonebitcoin. This is information of which you are the sole judge and master. Be responsible with your investments and only invest as much as you are willing to lose.
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