Multi HODL is a tool to multiply your crypto assets using a portion of your YouHodler wallet balance. Users can keep the majority of funds in a safe and stable wallet while earning interest and using some amount to engage in trading activities with high-profit potential.
Multi HODL mechanics
The platform uses your Multi HODL assets to open the first loan in an automated chain of loans;
With the borrowed funds from the first loan, the platform buys more crypto and uses it as collateral for a second loan in the chain;
The process repeats itself from 2 to 50 times depending on the user's Multiplier Level;
Finally, you can choose between two Multi HODL ending options – Take Profit or manual Close to get your profit.
How to open Multi HODL
To start Multi HODLing go to the Multi HODL section in the app or press the Boost button on the wallet currency.
Click the UP or DOWN button on the coin panel.
Then fill the Multi HODL form.
There, you can set the desired Multi HODL parameters:
The currency pair and price direction you'd like to invest – an instrument to choose the investment strategy to gain profit from price growth or price drop.
The source of funds and amount – your Wallet balance/currency, and the initial amount of investments.
Multiplier – the level of risk you are willing to take.
Take profit and Margin call levels – margin call is set by default. You can choose any take profit level you want. You can change both levels anytime later after you create Multi HODL.
After you set all parameters, press the START button.
You can watch your Multi HODL's process in the Multi HODL/Portfolio section of your account.
Please be advised:
We use market execution at a number of integrated exchanges. After you click/tap the "START" button the platform creates an order on the exchange in real-time. The factual initial price of your Multi HODL may vary from the chart price;
All operations are executed on real crypto exchanges. Hence, the price rate and time of the transactions may vary;
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;
The max total volume of the opened positions per account may vary;