YouHodler review: Here's how to earn up to 8% per year!

Today, I'm giving you my opinion on Youhodler, a site that I appreciate very much and even more and more. I have been using it for more than two consecutive years now and I have already gained a lot thanks to this site.

I'm not surprised to see that more and more people are using YouHodler , in France and internationally. And it's a good thing.

So what is it Youhodler concretely? Basically, it is a platform that allows you to generate compound interest on your cryptocurrencies. Yes, a site for generating crypto passive income, indeed. 

You're going to tell me, well, nothing crazy so far. Indeed, I agree with you. Only, the company has launched some very interesting new features so that you can earn more and better. And, this is why the site has gained a lot of visibility and popularity.

And that's also why I'm taking the opportunity to write an article to explain in depth how it works in practice.

YouHodler Overview:

What we can already say which is reassuring is that the company is based in Lausanne in Swiss. It is also one of the most popular Swiss crypto companies. Even if a subsidiary is based in Cyprus, the fact that the headquarters is in Lausanne reassures European users a lot. This means that the company is registered in a solid legal country. There is a precise cryptographic framework. Concretely, it is more "reliable" for users.

So, in fact, the site is available in French. It’s rare and it really makes the difference with other sites…

Yes, with all the bogus sites in cryptocurrencies... It is good to select serious sites and companies from the start, I cannot repeat that.

YouHolder replicates the lending and borrowing business model of traditional banks: 💰 you can earn interest rates (up to 8% on certain tokens!) or borrow money by putting crypto assets as collateral with an LTV of up to 90%. I must nevertheless point out that it remains very advantageous. It is not for nothing that Youhodler is one of the best crypto lending sites.

👋 I mean, I tend to say this a lot, but it's better to keep your cryptocurrencies in a wallet that makes it work. It's always better than letting them sleep. 

But, hey, that's just my opinion, eh.

What can you do with YouHodler?

YouHodler provides two core products with two additional products. The main services on YouHodler are:

• The crypto loan
• Turbocharging
• Multi-Hold
• “Saving” to earn interest on your cryptocurrencies.
• The service Asset Dual

No worries, I'll explain what each feature is below. Remember that the company regularly organizes competitions. For example, right now you can win Tesla 😉

1. A savings plan: Earn compound interest on your cryptos

If I had to choose just one service on my YouHodler review, it would be this option. That's really why it makes it an interesting site. Youhodler offers a great option for hodlers to earn money by depositing their cryptocurrencies into the wallet.

Depending on the cryptocurrencies you have, the rate will be different. This can go up to 8% per year on certain stablecoins like USDT.

When the funds arrive in your savings account, your first months of earnings begin with the following interest rates:

• 8% APR on all stablecoins (USDT/ USDC/ DAI/ BUSD etc)
• 3% APR on BTC
• 5,5% APR on BNB

Moreover, here are the interest rates specified for each cryptocurrency:

Basically, as I told you above, it's just a matter of depositing cryptocurrencies into your wallet and cashing out the winnings.

It's always better than letting it stagnate on a wallet, right? Well, again, this is my personal strategy.

That said, it remains a good plan, especially for those who like sites that pay.

So that's the simplest part, it's the one I use personally too.

If you are wondering how is this possible? In fact, it is based on the credit system put in place.

It is therefore the second option of the Youholder site that I will present to you now:

2/ Crypto loans

Of course, this is the very heart of the company. Individuals can make loans. By paying interest, the company takes a commission. So far, a very classic business model indeed.

Like many sites, it involves depositing an equivalent in a cryptocurrency and receiving credit to use which can be repaid according to due dates. Youhodler is interesting in that you can deposit 18 different cryptocurrencies:

Bitcoin, Ethereum, BNB, Ripple, Stellar, Litecoin, Bitcoin Cash, Bitcoin SV, Dash, EOS, Chainlink, Augur, Basic Attention, Ethereum Classic, TRON, Cardano, Monero, Tezos.

Depending on the token you choose as collateral, you will be able to select one of the following plans:

• You can benefit from a 30 day loan: 3% loan fees, 90% LTV, -5% (PDL).
• There is also the 60 day loan option: 5% loan fee, 70% LTV, -25% PDL
• 120 day loan: 9% loan fee, 50% LTV, -40% PDL

All loans can be rolled over indefinitely. This means that you can postpone the repayment date. Users simply need to pay the loan fee to reopen for another 30 days, 60 days, or 120 days. Additionally, customizable loan plans are available upon request.

How do crypto-backed loans work?

It's really easy to take out a loan ('lending' in English) on YouHodler, and there are advantages to going through them if you eventually need a loan at some point. This makes this platform one of the top 5 crypto lending platforms.

Indeed, as the price of crypto is volatile, if for example, the price increases, you can repay your credit sooner.

You can also set a nearby price point where you ask the app to sell your excess collateral for you. This allows you to automatically repay the loan and transfer the profit to you. This option is aptly called Take Profit, as in classic trading. This closing price may be changed at any time, moreover.

Now let's see the third and new feature which is Turbo charging.

3. What is Turbo Charge?

This is perhaps the most innovative part and also perhaps the most difficult to understand at first.

With the TurboCharge option, you can trigger a cascade of loans that the app will automatically complete for you. You define the initial guarantee and the number of loans that the platform will have to create. You can create up to 10.

What is the advantage of TurboCharge, actually?

The way to understand the idea is that you essentially lend yourself money and buy more crypto with it.

Well, if you expect crypto prices to rise and rise, you would want to have as much crypto as possible to profit more.

You set a take profit price so the app can sell automatically if your cryptocurrency appreciates. Once this happens, YouHodler will pay fees, guarantees and transfer the rest of the profits to you.

This is how you can win HUGELY with TurboCharge.

How to Turbo Charge?

After clicking the “TURBOCHARGE” button, YouHodler automatically uses the loaned fiat or crypto to purchase more crypto without any fees (limited supply) to use as collateral for the next on-chain loan. Additionally, the interest rate on each loan decreases with each additional step added.

Turbo Loan allows you to multiply your crypto assets using a chain of loans – you take out a cash loan, buy more crypto for that money, then make another cash loan and buy more crypto – it's essentially a model margin trading where you bet on an appreciating crypto price.

For me, it's even better than trading. When I say trading, you must understand that there is still an element of risk. I still prefer to tell you, because I know that crazy rates can make your head spin.

The advantage of this system is that you can multiply your cryptocurrencies really quickly. You can increase your capital up to 6 times. That said, don't be too greedy. If cryptocurrencies don't go your way, you can lose too. Even if the site is well done and you have the means to automatically close your positions.

But you need to keep in mind your price limit, which is the trigger level where the platform will start closing your loans and selling your collateral to protect against a loss.

I mean, it's still a risky operation. Do this only if you have the capital that allows it.

Also, start with small amounts to test well and get used to this principle which is also not usual. This remains a novelty, in fact.

Now, we will see another option that we can do on Youhodler.

4. The Dual Asset method

This is the new service offered by Youhodler. It consists of investing in two different tokens, one of which is a stablecoin. In reality, the strategy of the " Dual Asset » is a widely used and widespread strategy in traditional finance.

The Youhodler platform has therefore integrated this strategy into its platform to the delight of users.

This is a strategy that can be attractive to those looking for high interest rates. Indeed, depending on the pair chosen, you can achieve APR rates of more than 200%. However, the pairs are only active in dual asset for 12 hours, 1 day or even 7 days.

👉 If you want to know more, read the article: How to earn up to 365% APR with Dual Asset from Youhodler?

5. The MultiHodl strategy

We have just seen an certainly interesting option, but here I am going to tell you about a feature that made me discover Youhodler. This is especially why I wanted to give you my opinion.

Again, this is a feature that I find exceptional and rare. 

So now let's look at the multi-Hold function.

Multi HODL uses the so-called barbell investment strategy. This combines the best of both worlds when it comes to investing.

You can keep the majority of your funds in safe, stable and profitable savings accounts while using a small portion of your funds to invest in risky trading activities with high profit potential.

For example, this is what I chose to do.

With MultiHODL, you keep 80-90% of your crypto assets in the safe savings account where you earn up to 12% interest rate (on stablecoins, less than on BNB and BTC).

The rest of your funds, 10-20%, will be used to take out a chain of loans (similar to turbocharging) and invest that money in risky assets that may explode or fail. You set your risk conditions (e.g. how far your chosen portfolio can fall before you stop your losses and close positions).

In the event of a crypto bull run, the value of your coins will multiply and the profit will go directly to your account. In the event of a price drop, you will get back your initial deposit less the factual loss.

This way you only risk a small portion of your portfolio and expose yourself to a huge upside and an acceptable downside.

This is therefore a good alternative to actually earn cryptocurrencies, by taking risks, but increased according to our choice.

Conclusion on my YouHodler review: the pros and cons

I think it shows in this article, I really appreciate Youholder. It's very sincere. I was delighted to discover this site and to see that they offered us options that were a little less mainstream.

I am indeed used to the crypto lending sites that I use. I find it ideal when you want to earn crypto passively. But, the little extra with Youholder is that we are given the opportunity to "play" a little more. To take risks, to earn a lot more. To trade lightly and that, it changes and it feels good to have several possibilities.

So, if you also want to use Youholder, the procedure is simple:

1. You register on the site, here.
2. You complete the classic KYC procedure (toothless card and selfie). It only takes a few seconds and you should be used to it by now ^
3. And you choose the option that interests you the most, among the ones that I have detailed for you in this article.

The advantages of the Youhodler platform

Well, as with all lending and borrowing – if you are a lender with money, you put that money to work for you. This is the main selling point and advantage of YouHodler. You can get a stream of passive monetary income through their interest rate, which can be as high as 12% per year. It's really huge.

In addition, the site has a built-in calculator that lets you know exactly how much you can earn. It's really super practical and it's missing from a lot of sites.

 🙂 You can therefore make projections and estimates by directly entering the amount you have. You can directly see how much you can earn per day, week or month.

YouHodler is available 24/24. You can repay and close your loan whenever you want.

I also like their simplicity, it turns out that compared to all the others, YouHolder remains the most competitive. See the table opposite:

In short, you see that it remains unbeatable.

The other big advantage, as I wrote above, is that it is a site that is legally and economically stable. This is not yet another site that will hide only in a tax haven without trying to create real products with real services.

👋 On a legal level, YouHodler is legal and it remains a legally supervised and reliable company. 

YouHodler complies with EU laws and has extensive and strict legal obligations to comply with. Each loan agreement made on the platform is automatic. It constitutes a legally binding contract which falls under EU law.

Additionally, YouHodler is an official member of the Blockchain Association. It is the independent, self-regulated crypto subgroup of the larger Financial Commission. This association ensures that all YouHodler customers have an outlet for dispute resolution outside of the YouHodler platform. If at any time YouHodler does not meet your expectations, it may submit a complaint to the Association and receive a prompt resolution. This is intended to be impartial and non-binding.

The inconvenients :

I wouldn't be completely honest with you if I only told you about the positives. Like many sites, it also has drawbacks.

For example, in technical terms, YouHodler is a very secure and trusted platform. That said, with all cryptocurrency sites, you are never completely safe. But, YouHodler is still one of the most reliable platforms.

YouHodler, on the other hand, has a self-created fund with $1 million that would cover potential financial losses of user funds. Additionally, funds are often kept in online wallets. This exposes them to a higher risk of hacker attacks...But, hey, for possible hacker attacks, it's the same for almost all sites. We are never really safe but the company has guarantees on each of our deposits!

Basically, and as the company is based in Switzerland. SIf there is the slightest attack, the company reimburses its customers. Phew!

Is this a platform for everyone?

Overall yes. I mean for all people who want to grow their capital, it’s obvious yes. Otherwise, in absolute terms, and to the extent that there are other functions such as Turbo Charge etc., it may not be suitable for everyone.

 In fact, not all options are right for everyone. for example, if you are cautious by nature - like me - focus only on the fact that the site allows you to earn interest.

For the other options like TurboCharge and MultiHolding, it's purely for profiles who know a little about trading, I would say. Moreover, it is a site that can bring big profits to those who already trade. 

Likewise, it is more suitable for people – who still have capital – to invest, like 500 dollars for example. This would be a good basis for enjoying the site.

It is indeed a great app for investors who have a high risk tolerance as they can make a lot of money with YouHodler Turbo Loans, which is a risky business.

However, when it comes to loans, YouHodler is not the best solution for people who need long-term loans because their interest rates are rising to too high levels. However, for a quick fix and instant source of money. You can read our article for better understand the benefits of borrowing in cryptocurrencies. You will be better able to make choices later.

For me, this is clearly the best offer on the market currently, particularly for residents French, Swiss carefully of course, Belgians and French speakers! 

This is how I end this article 😉

And, then, what do you think? Don't hesitate to give me your opinion on it. I would be curious to know your opinion, sincerely. Likewise, you can read our review on Youhodler to dig deeper.

Note: Recently, the site has implemented a very interesting new service: Dual Asset. Read our article to find out how to earn up to 365% APR.

If the subject of passive income in cryptocurrency interests you, you can also consult the article which talks about the 5 best cryptocurrency lending sites (lending). You can also take a look at our article to find out more sites to earn interest on your cryptocurrencies.

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This is not financial advice. All investments involve risks.