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Ledger Nano X - The secure hardware wallet
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YouHodler adds 10 new coins for staking, trading and crypto loans

25 January 2022
in XRP
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YouHodler, a fintech platform that helps people access the benefits of the crypto economy, has announced its support for 10 new tokens, including Avalanche (AVAX), 1inch Network (1INCH), PancakeSwap (CAKE), Cosmos (ATOM), BitTorrent (BTT), Filecoin (FIL), Near Protocol (NEAR) and Elrond (EGLD). Additionally, YouHodler will become the first-ever service to pay up to 5.5% interest on Zilliqa (ZIL) and FTX Token (FTT).

YouHodler provides a variety of ways to profit from digital assets, particularly with crypto savings accounts. Once the funds are deposited into the user’s crypto savings account, the first weekly payment period begins. At the end of each week, the earned amount is deposited directly into the user’s account. YouHodler provides estimated earnings for different periods up to 12 months, making it simple to calculate potential income and plan.

All added tokens are trusted by the users and are present on CoinMarketCap’s top 100 list. YouHodler already pays interest on Bitcoin (BTC), PAX Gold (PAXG), USD Coin (USDC), True USD (TUSD), Tether (USDT), Huobi USD (HUSD), Pax Dollar (USDP), Binance Coin (BNB), Huobi Token (HT), XRP, Stellar (XLM) and Ether (ETH) deposits. All crypto funds on YouHodler are secured with the industry’s best practices and custody solutions developed by Ledger Vault and Fireblocks. 

Ilya Volkov, CEO and co-founder of YouHodler, said, “Decentralized finance (DeFi) allows consumers to earn interest on their capital through farming and staking, but the process is challenging and not that user-friendly. And with staking, you need to lock two times more funds than you might want to since you need both the token and USDT. We’re seeing a lot of demand for these specific projects: They have growing communities, and as a centralized DeFi platform we want to remove the burden from our users and allow them to benefit from this economy.”

YouHodler’s solutions open up connections between crypto and the real world, allowing people to use their crypto assets without spending them. With YouHodler, users can buy and sell crypto at any time, use it for purchases or put it in a reward account to generate 12% yields. Additionally, they can exchange crypto, fiat and stablecoins, and get instant cash and crypto loans with their crypto assets acting as collateral. Unlocking the value of crypto assets, the team shares a mission of helping people to stop passive holding and start using crypto assets now.

About YouHodler

YouHodler is a fintech platform that helps people access the benefits of the crypto economy. It allows users to get instant cash and cryptocurrency loans; exchange crypto, fiat and stablecoins quickly and easily; and earn up to a 12% annual percentage rate with compounding interest by depositing crypto in their rewards accounts. The platform has the highest loan-to-value ratio, 90%, with minimum loan amounts starting at just $100, and accepts the top 30 coins as collateral with instant credit card and bank withdrawals included. YouHodler supports BTC, Bitcoin Cash (BCH), BNB, ETH, Litecoin (LTC), XLM, XRP, Dash, HT, Dogecoin (DOGE) and other popular cryptocurrencies and tokens. Users’ funds are protected with Ledger’s industry-leading and independently certified security technology, as well as its insurance program. The company is a European Union and Switzerland-based brand.

Media contacts

Contact person: Ilya Volkov (CEO & Founder)

Website: https://www.youhodler.com

Twitter: https://twitter.com/youhodler

Telegram: https://t.me/youhodler_official

Facebook: https://www.facebook.com/YouHodler/

LinkedIn: https://www.linkedin.com/company/youhodler

Instagram: https://www.instagram.com/youhodler/

YouTube: https://www.youtube.com/channel/UC-Kxvqm8Q-l_WGxQL0VpEEQ

Email address: welcome@youhodler.com

This is a paid press release. Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.


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