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How MultiHODL works
How MultiHODL works

What is the MultiHODL product about

Updated over a week ago

What is MultiHODL

MultiHODL is an advanced and simple tool to enlarge your crypto assets using a portion of your YouHodler wallet balance. You can keep most of the funds in a safe and stable wallet while generating reward and using some amount to engage in trading activities with high-profit potential.

The MultiHODL idea is similar to a classic trading product with borrowed funds. You use borrowed funds and your own investment to increase your potential profit. But, in the case of MultiHODL, the core of the product is an automated chain of crypto-backed loans. The chain of loans is used to purchase more crypto using the platform borrowed funds, and finally, sell it at the better market price:

  1. The platform uses your initial collateral to open the first loan in a chain;

  2. 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;

  3. The process repeats itself from 2 to 100 times, depending on the user's MultiHODL settings;

  4. Finally, you can choose between the manual or automatic closing options to receive your MultiHodl result.

How to use MultiHODL

As with any other investments, with MultiHODL you can choose a convenient investment strategy based on personal needs and experience. MultiHODL offers a full set of tools to manage your potential profit and risks to satisfy any investor. To effectively use MultiHODL and understand how it works in detail, follow these steps:

  1. How to open MultiHODL - enjoy a simple and intuitive interface with nothing extra.

  2. Price direction - get benefits both from a bear market or bull run.

  3. Multiplier - manage your investment risk.

  4. Pending order (optional) - set an order to open MultiHODL when the price reaches a specific level.

  5. Take profit and Stop Loss levels - adjust how much you want to get or how little you want to lose.

  6. Closing options - close your positions manually or leave it to us.

  7. Fees - pay the only and the smallest fee for crypto trading.

  8. Risk disclosure - you can't lose more than you invest.

How to benefit more

Besides the profit, you can benefit even more from the MultiHODL combination with other products.

  • MultiHODL + Yield. Each open MultiHODL increases your default Yield limit by the position volume. Therefore, you can generate more reward from your assets.

  • MultoHODL + Could Miner. Each open MultiHODL provides the opportunity to mine your own BTC.

For any questions, you can reach our support team.

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