YouHodler is a member of Crypto Valley and offers various services, including YHDL Airdrop, Bitcoin cloud mining (gamified), and cash loans based on Crypto collaterals. YouHodler exchange is licensed in Switzerland, Italy, Argentina, and Spain.
YouHodler (Is the Crypto Exchange Regulated?)
YouHodler is a well-regulated cryptocurrency exchange available throughout Europe and South America, as well as in a total of 100 countries. The company is registered in multiple jurisdictions, including:
- As an R.L. in Italy
- As a Virtual Asset Service Provider (VASP) in Argentina and Spain
- As a Regulated Financial Intermediary in Switzerland
The company, founded in 2017 by Ilya Volkov, is an official Blockchain Association member of the Financial Commission.
Key products of YouHodler:
- MultiHodl
- Crypto Loans
- Buy, Sell, Conversion of 70+ instruments
- Yield Accounts
- Gamified Cloud Mining
YouHodler Exchange Specifics
YouHodler offers crypto futures trading with a minimum deposit requirement of $10 and up to 12.3% annual profit on open deals.
Here’s a quick look at what the Crypto exchange has to offer.
Exchange | YouHodler |
Launch Date | 2017 |
Levels | Newbie, Basic, Jumpstart, Silver, Gold, Platinum, Diamond, VIP |
Trading Fees | Rollover |
Restricted Countries | The USA, Canada, Unincorporated territories of the US, China, Afghanistan, Algeria, Bangladesh, Belarus, Bolivia, Crimea, Donetsk, Luhansk, Cuba, Egypt, El Salvador, Iran, Iraq, Morocco, Myanmar, Nepal, North Korea, North Macedonia, Pakistan, Palestinian Territories, Russia, Sudan, Syria, Qatar, Tunisia, Saudi Arabia, Dominican Republic |
Supported Coins | 70+ |
Futures Trading | Yes |
Minimum Deposit | None |
Deposit Methods | Crypto, Bank Wire, Apple Pay, Bank Cards, AdvCash |
Withdrawal Methods | Crypto, Bank Wire |
Maximum Leverage | 1:100 |
Minimum Trade Size | $10 |
Security Factors | 2FA, 3FA, Transaction analysis by Elliptic and CipherTrace, Cold Storage |
Services | Affiliate, Yield Farming, Cloud Mining, Cash Loans |
Customer Support Ways | Chatbot, Email |
Customer Support Hours | 24/7 |
Fiat Deposit | Yes |
Affiliate Program | Yes |
Orders Execution | Market |
Native Token | YHDL |
YouHodler Pros and Cons
The company offers various advantageous features like user-friendly interface, high interest rates on deposits (up to 12.3%), and loan to value ratio of 90%. However, YouHodler surely has some flaws, too.
Pros | Cons |
Yield farming services | Not a decentralized platform |
Leverage options of up to 1:100 | Lower returns compared to DeFi projects |
No maker/taker fees | Geo-restrictions |
Regulated platform | Lack of Copy Trading services |
YouHodler User Levels
The exchange offers 8 different user levels as a loyalty program. By upgrading your level, you’ll get better conditions, including higher yield limits, better percentages on crypto assets, and improved Cloud Miner benefits.
Level | Trading Volume (Monthly) | Cloud Miner Up to (Monthly) | Yield Account Up to (APR) |
Newbie | $0 | 0.00002 BTC | - |
Basic | $150 Deposit | 0.000048 BTC | 10% |
Jumpstart | Open 1 MultiHODL | 0.00018 BTC | 15% |
Silver | $50,000 | 0.0005 BTC | 20% |
Gold | $150,000 | 0.001 BTC | 22% |
Platinum | $500,000 | 0.0048 BTC | 25% |
Diamond | $2,000,000 | 0.01024 BTC | 30% |
VIP | $5,000,000 | 0.05 BTC | 40% |
YouHodler Fees and Commissions
The exchange doesn’t charge commissions for opening and closing trades. However, there are hourly Rollover fees for open positions, which vary based on the currency and market conditions.
The company also charges commissions on deposits (up to 1%) and withdrawals (up to $85), which we will discuss later in this YouHodler review.
Listed Coins on YouHodler Exchange
The exchange has listed more than 80 cryptocurrencies. Some of the most popular assets on YouHodler:
- FLOW
- IMX
- FTM
- TREMP
- DOGS
- BONK
- BTC
- ETH
- LINK
- UNI
- PAXG
- XLM
- BNB
- USDT
- TRX
- FIL
The asset list is consistently updated to include emerging digital currencies, allowing users to diversify across mainstream and trending assets. This coverage caters to a broad spectrum of investors, from conservative holders to more speculative traders seeking exposure to new tokens.
YouHodler MultiHODL Futures Trading Service
The company has a dedicated Futures trading platform named MultiHODL, offering 100+ currency pairs with leverage options of up to 1:100.
Most popular Futures trading pairs on MultiHODL:
- BCH/USDT
- BONK/USDT
- BTC/USDT
- BTC/EURS
- DOGE/USDT
- ETH/BTC
- EURS/USDT
- LINK/USDT
- PEPE/USDT
- SOL/EURS
MultiHODL allows users to open positions with as little as $10.
YouHodler Account Opening and KYC Verification
Opening an account on the platform is an easy task. However, it’s followed by a strict KYC procedure, requiring you to verify ID and address. Follow the phases below.
#1 Going to the Website via A Browser
At first, open your desired browser program on your mobile phone, then visit the YouHodler official website and click “Get Started”. This will bring you to a sign-up form.
#2 Submitting the Details in the Form
Go through these steps:
- Fill out the registration form with the required identity information;
- Verify your email address by checking your inbox;
#3 Going through the KYC
For the complete verification of your account, you must follow these instructions:
- Click “Verify your identity”;
- Select the type and issuing country of your identity document, and upload a picture of your Passport, ID card, or Residence permit;
- Allow camera access to complete the selfie video verification;
- Click “Verify your address”;
- Fill out the residential form;
- Upload proof of residence (bank statements, utility bills, or tax returns).
YouHodler Exchange App and Platforms
The company offers a comprehensive WebTrader for Crypto Futures and Conversion. It also has a dedicated wallet with 200K+ active users.
The application enables you to manage loans, invest, spend, earn, and exchange your Fiat and Crypto assets with access to TradingView charts. “YouHodler: BTC & Crypto Wallet” Download links:
To access additional analytical tools, check TradingFinder's TradingView indicators.
Is YouHodler Safe?
Cryptocurrency hacks in the first half of 2024 reached a total amount of $1.38B, doubled compared to a year earlier, according to Reuters.
The fact showcases the importance of security measures taken by exchanges. In accordance, YouHodler has implemented various safety factors, including:
- Personal Data Security: Not storing credit card data, 3rd party verification service provider (SumSub), storing passwords in SHA256 encrypted with Salt
- Anti-Phishing Code: A unique code for each customer that will be included in all of the official emails
- 2FA: 2-step login using SMS and Google Authenticator
- Cold Storage: Storing the majority of clients’ funds in safe cold storage
- Crime Insurance: Ledger Vault’s insurance program with a $150M coverage scheme
- 3FA: processing all withdrawal requests after additional unique identity steps
YouHodler Deposit and Withdrawal
We must mention in this YouHodler review that the exchange supports multiple payment methods, including e-wallets, bank transfers, and crypto transactions.
Method | Deposit Fee | Min Deposit | Withdrawal Fee | Min Withdrawal |
Bank Wire | EUR/CHF - 0 USD - 25 GBP - 20 | 300 GBP 100 USD/EUR/CHF | EUR SEPA - 5 EUR EUR SWIFT - 55 EUR USD SWIFT - 85 USD CHF SWIFT - 15 CHF GBP SWIFT - 70 GBP | 500 EUR 300 GBP 30 EUR 100 CHF |
Bank Card | 0.5% | 10 | Not Available | Not Available |
AdvCash | 0.5% | N/A | Not Available | Not Available |
Apple Pay | 1% | 10 | Not Available | Not Available |
Crypto | 0 | $5 | Variable | $5 |
YouHodler Exchange Trust Score
The company has garnered positive feedback and user reviews on reputable platforms like TrustPilot and Google Reviews.
3.9 out of 5 based on 1,277 comments | |
Google Reviews | 3.7 out of 5 based on 43 ratings |
User satisfaction indicates the exchange’s focus on its key mission to provide robust Fintech services for its customers with competitive costs and a user-friendly interface.
YouHodler Features
Here's a table outlining all additional products offered by the reviewed exchange:
Staking | No |
Yield Farming | Yes |
Social Trading | No |
Launchpool | No |
Crypto Cards | No |
How to Reach YouHodler Support?
The company offers 24/7 support through various channels, including chat and email. The response time During EU office hours (9 am – 6 pm CET/CEST) is within 1-2 minutes. Outside these hours, response times may range from 1 minute to 2 hours.
support@youhodler.com | |
Live Chat | Available on the official website and the mobile app |
Growth plans and Copy Trading on YouHodler Crypto Exchange
While the exchange doesn’t offer direct copy trading services, it provides multiple growth plans, including Yield Farming and Cloud Mining.
- Yield Farming: Loan your assets to new projects and earn up to 18% interest annually
- Cloud Mining: Earn up to 0.05 BTC monthly by playing games and upgrading your user level
Restricted Countries on YouHodler
YouHodler exchange doesn’t provide services to individuals under 18 y.o. and doesn’t allow more than one account for each person. The company implements some Geo-restrictions, too, including:
- USA
- Canada
- Unincorporated territories of the US
- China
- Afghanistan
- Algeria
- Bangladesh
- Belarus
- Bolivia
- Crimea
- Donetsk
- Luhansk
- Cuba
- Egypt
- El Salvador
- Iran
- Iraq
- Morocco
- Myanmar
- Nepal
- North Korea
- North Macedonia
- Pakistan
- Palestinian Territories
- Russia
- Sudan
- Syria
- Qatar
- Tunisia
- Saudi Arabia
- Dominican Republic
How Does YouHodler Perform Against the Competition?
This section will comprehensively compare the discussed platform against three popular players in the industry:
Parameters | YouHodler Exchange | |||
Number of Assets | 70+ | 400+ | 1300+ | 700+ |
Maximum Leverage | 100x | 1:125 | 100x | 100x |
Minimum Deposit | None | $1 | N/A | $1 |
Spot Maker Fee | Rollover Fees | 0.02% - 0.1% | 0.005% - 0.1% | -0.005% - 0.1% |
Spot Taker Fee | Rollover Fees | 0.04% - 0.1% | 0.015% - 0.1% | 0.025% - 0.1% |
Mandatory KYC | Yes | Yes | Yes | Yes |
Futures Trading | Yes | Yes | Yes | Yes |
Mobile Application | Yes | Yes | Yes | Yes |
Fiat Payment | Yes | Yes | Yes | Yes |
Staking | No | Yes | No | Yes |
Copy Trading | No | Yes | Yes | No |
Writer’s opinion and conclusion
YouHodler bridges the gap between traditional finance and Web3 technology, and provides services like Crypto-backed loans in cash with a loan to value ratio of 97%. YouHodler exchange also offers yield farming with up to 18% return on tokens, such as LTC, FLOKI, and USDT.
Users can also participate in the YHDL Airdrop by joining the company’s community on platforms like Galxe. While YouHodler supports e-wallet, crypto, and bank transactions for deposits, Crypto and bank wire are the only options for withdrawals.