How to manually close your MultiHODL?
To manually close your position, please go to the MultiHODL/Portfolio section in your account. Then select the MultiHODL you want to close and press Close now and get button.
You will see a popup with closing parameters.
Rollover fee – the main trading fee that you pay for every fixed period of time.
All fees are calculated from the total borrowed amount of the chain of loans executed for your MultiHODL. You can see the fee and the total calculated fee in the MultiHODL details view.
After you press the Close and get button, our platform automatically closes your MultiHODL. The invested funds with either a profit or loss will appear in your Wallet balance.
MultiHODL auto-closing options
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 MultiHODL. Origination, Hourly, and Profit share fees will be charged. Take Profit is a manual option and you should set it manually on your MultiHODL;
Stop Loss. If the price of the crypto reaches the Stop Loss level, MultiHODL will be closed and the rest of the funds (if it's not a 100% loss) will be deposited back into the wallet. Stop Loss is a required field and is set by default, but you can change it manually to control your risks;
Insufficient collateral. A very rare case is when the Rollover Fee eats all the liquidity (initial collateral) of your position. In this case, YouHodler is forced to close your MultiHODL.
Expiration. Company reserves the right to set a maximum term for the MultiHODL to be active. If such a term is set, the moment it expires, the deal will be closed via the last available market price with the corresponding calculations.
Important info
The financial result you see on the “Close and get” button is only an estimation based on the latest available market price.
After you press "Close now" the platform creates an order on the market exchange in real time, taking the next available market price. Therefore, the closing price of the transaction in the platform and the price of the real execution may vary.
Explore in advance this article about MultiHODL Fees & Commissions.