Multi HODL™ is a tool to multiply your crypto funds using a small portion of your YouHodler savings account balance or wallet balance. Users can keep the majority of their funds in safe, stable and profitable savings accounts while using some amount to engage in risky trading activities with the potential for high profit.
In this case, the possibility of getting a profit is achieved through the creation by the platform of the chain of loans (a cascade of loans). The process structure is following:
- The platform use your Multi HODL™ assets to open the first loan in a chain;
- With the borrowed funds from the first loan the platform buys more crypto and uses it as collateral for a second loan in a chain;
- The process repeats itself from 3 to 10 times depending on the user's Profit/Loss level settings;
- Finally you'll be able to choose between two Multi HODL™ ending options - Take Profit (Automatic) and Close Now (Manual), to get your profit.
To start "Multi HODLing" go to the Multi HODL™ section in your account.
Click the "Start new Multi HODL™" button to being filling the Multi HODL™ form.
There, you can set the desired Multi HODL™ parameters:
- The source of funds - from your Wallet or Savings and the initial amount of investments;
- The currency pair you'd like to invest;
- Price direction - an instrument to choose the investment strategy to gain profit from price growth or price drop;
- Profit/Loss level.
After you set all parameters, press the "START" button.
Congratulations! You've just started "MultiHODLing."
Please be advised, all operations are executed on real crypto exchanges. Hence, the price rate and time of the transactions may vary.
Important about the MultiHodl:
- Profitable deal. A full fee should be paid only for deals yielding a positive result. A full fee contains the Origination Fee and a 10% Profit Share fee
- Non-profitable deal. In case of your deal yielding a negative result, you will pay only the Origination Fee
- Take profit. When the price of the invested crypto reaches the Take Profit level, you receive all invested funds and the profit gained during the Multi HODL™.
- Close now. If you do not wait until the price of the invested crypto reaches the Take Profit level, and use Close Now feature, you get the invested funds with a possible loss of profit according to current crypto price market ratios.
- Time off (30 days). If the price of the invested crypto doesn't reach the Take Profit level and you do not use Close now feature before the Multi HODL™ term expires, the platform applies the Close Now feature automatically.
- Margin Call (PDL). If the price of the invested crypto reaches the Price Down Limit (PDL), MultiHodl will be closed and Minimal return will be deposited back to the account.
Please be advised:
- To receive an interest on the initial savings account deposit while using the Multi HODL™, it must be opened and contains the minimal funds' amount equivalent to 10 USD;
- If the Multi HODL™ return at the closing of the transaction is less than the allowable minimum for the conversion, the platform will refund the balance in borrowed currency to your wallet;
- Explore in advance the Multi HODL™ investment risk before using the product.
You can watch your "MultiHODLing" process in the Multi HODL™ section in your account.
Contact us via support chat if you still have any questions.