YouHodler review

YouHodler is a Swiss-based crypto exchange offering spot crypto, crypto loans, and leveraged trading products at low fees. This YouHodler review examines its pros and cons and compares it to the competition.
By: Theodor Tonca
Theodor Tonca
Theodor is a Financial Writer for Invezz, reviewing, testing and scrutinizing financial products. He is a former financial analyst and investment… read more.
Updated: Oct 14, 2022
3.5/5 Star rating
13 min read
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YouHodler offers crypto exchange services that are suitable for beginners along with more complex trading products that are geared towards professionals. This comes in the form of loans, competitive interest rates, and leveraged trading across 50 cryptocurrencies.

This review of YouHodler dives into what the exchange offers and compares it to other platforms in the crypto space. Find out where YouHodler ranks in terms of the competition and whether you should sign up.

Pros & Cons

Pros:

Low fees and low minimum deposit
Excellent customer support
Cryptocurrency banking services
Crypto loans, staking, and lending across wide range of crypto

Cons:

What is YouHodler?

YouHodler is a crypto platform founded in 2018 in Switzerland. It offers products across spot crypto, leveraged crypto products, crypto loans, staking, and lending.

One of the features it offers is a regular cryptocurrency exchange where you can buy and sell crypto. However, its main offering and where it really shines is in more complex products like crypto loans, staking, and lending. 

These products are geared towards people who want to tap into the crypto market through a user-friendly app and web platform. It’s suited to those people who want to spend money without having to sell their coins, or those who want to save and earn passive income.

How does YouHodler work?

YouHodler allows you to simply transact in cryptocurrencies by exchanging it with other crypto as well as fiat. Fees are competitive and the transaction mechanism is fast and smooth.

The platform’s leveraged crypto products are designed so that you don’t have to sell your crypto in order to spend it. Crypto-backed loans mean you can post your holdings as collateral and receive cash that you can use for day-to-day spending.

YouHodler cryptocurrencies and trading options

What cryptocurrencies can you trade on YouHodler?

YouHodler offers excellent liquidity and margin trading facilities on 58 cryptocurrencies, with new coins being added on a regular basis. 

The number of coins available for trading is far lower than most exchanges we’ve used. Some of the top coins offered include the usual suspects of Bitcoin, Ethereum, Chainlink, and Compound.

Here is a list of the most notable cryptos available on the exchange.:

  • Bitcoin
  • Ethereum
  • Chainlink
  • Uniswap
  • Compound
  • Maker
  • Sushiswap
  • Synthetix

All YouHodler trading options

YouHodler’s offering includes spot cryptocurrencies, but the primary focus is around crypto staking and lending and products around staking and lending.

ProductOffering
Cryptocurrencies58
Crypto pairs100
Crypto loans50
See all trading options >

Can I trade with leverage on YouHodler?

YouHodler offers leveraged trading on its cryptocurrencies. Leverage trading options in spot cryptocurrencies is rare in the industry, but what makes YouHodler a unique exchange is that it allows you to determine your own leverage using their multi-HODL option. 

Note that leverage trading carries extra risk and should be treated with caution by beginners. You can lose a lot of money if you use leverage and the market goes against you.

ProductMaximum leverageMargin
Individual cryptocurrencies1:502%
See all leverage options >

What are the spreads?

YouHodler does not determine spreads and does not make any money from spreads.

Fees, limits, and payment options on YouHodler

What are the deposit and withdrawal fees, limits, and speeds?

YouHodler offers limited payment methods if you want to pay in fiat currency, with only credit card and SEPA bank transfer allowed. 

The platform does however accept deposits in cryptocurrencies. Deposits are free for cryptocurrencies but are chargeable for fiat. Withdrawal fees vary and can be found in the withdrawal form of your wallet. 

The minimum deposit and withdrawal amounts are clearly specified and there is no maximum limit on deposit or withdrawal.

Payment methodDepositWithdraw
Visa/MasterCard
– min/max
– fees
– speed
Yes
$100/No max limit
1% to 4.5%
Instant
No
$2/No max limit
None
Less than 24 hours
Bank Wire Transfer
– min/max
– fees
– speed
Yes
$100/No max limit
$25
2-5 business days
Yes
$500/No max limit
$5 to $55 or 0.15% to 1.5%
2-5 business days
Cryptocurrency
– min/max
– fees
– speed
Yes
$5 USD equivalent in crypto
Free
Blockchain dependent
Yes
None
Variable
Blockchain dependent
See all payment methods >

How much are YouHodler’s fees and commissions?

YouHodler does not charge or make money from normal trading activities. Instead, it makes money via commissions charged from its trading and crypto 2.0 products. YouHodler charges fees for its leveraged crypto trading under Multi HODL and Turbocharge products along with fees for loans and profit sharing for Multi HODL. 

There are no inactivity fees, but you will have to pay blockchain fees that apply to the cryptocurrency you want to trade.

Fee typeFee amountCommission
Trading feesFreeFree
Crypto loans0.55% daily fee
(from overdraft amount)
0.825% (if fee added to loan debt)
TurbochargeVariableVariable
Multi HODLVariableVariable
See all fees >

YouHodler’s trade sizes and limits

YouHodler’s minimum trade size restrictions depend on the crypto or fiat in question.

For example $100 USD of fiat and $5 USD worth of crypto being the minimum trade size. For its other products, the minimum deposit amount is $100 USD. 

The minimum trade size is small and compares well with other crypto exchanges. It also has no maximum trade size or upper limit on transactions.

ProductMinimum tradeMaximum trade
Cryptocurrencies$5 USDNo limit
Fiat currencies$100 USDNo limit
Turbocharge$100 USDNo limit
Multi HODL$100 USDNo limit
See all trading limits >

YouHodler’s trading platform

What devices can I use YouHodler on?

YouHodler is accessible as a mobile app for both iOS and Android. It also has a web platform.

  • Web browser
  • Mobile app (iOS/Android)

Can I use YouHodler in my country?

YouHodler is available in over 100 countries across the world, including the following:

  • United Kingdom 
  • France 
  • Germany 
  • Spain 
  • India
  • Australia

It is not available in a few places, most notably China, Saudi Arabia, and the United States.

Is YouHodler available in my language?

YouHodler is available in only 5 languages at the moment:

  • English
  • French
  • German
  • Italian
  • Spanish

How easy is it to use YouHodler?

YouHodler has a simple, intuitive, and easy to use cryptocurrency trading platform. Basic transactions can be initiated from the wallet screen itself and it is suitable for beginners looking to make basic cryptocurrency transactions. 

YouHodler’s more advanced features require a little more experience to use, most notably its leveraged trading products that are known as ‘Turbocharge’ and ‘Multi HODL’. These products can be more difficult to understand and use correctly, and while they mimic traditional leverage trading, they differ in principle and execution and thus are more suitable for experienced cryptocurrency enthusiasts.

The app is available across mobile devices, tablets, and a web platform, thus ensuring you can access it from anywhere and at any time.

Key features

The YouHodler platform offers basic cryptocurrency transaction exchange along with crypto loans, staking, and lending, but it also includes some innovative leveraged trading products that are rather unique in the industry.

Crypto loans

Many high-wealth individuals fund their lifestyle by borrowing against the value of their assets so they don’t have to sell them. YouHodler offers the same feature to everyone, so that you can borrow against the value of your crypto holdings without having to sell them.

You can put up over 50 top cryptocurrencies as collateral to take out a loan with a high loan to value ratio of up to 90%. Approval is instant and one can benefit from a drop in cryptocurrency price by repurchasing it after a price drop to close out the loan. 

Multi HODL

Multi HODL is the leveraged trading product of YouHodler. While functionally it resembles margin trading, operationally and in principle it is a different take on the crypto loan feature. 

Much more detailed information is available in a YouTube video published by the company.

Turbocharge

This is another variant of a leveraged trading product offered by YouHodler, which involves stacking of loans to build leverage. 

Fiat currency is used to borrow crypto and the borrowed crypto is used to borrow additional crypto and it goes on with a maximum limit of 15 times, allowing one to build a leveraged position.

Security and regulation

Is YouHodler safe?

Yes, YouHodler is safe. YouHodler stores crypto in a mix of hot and cold storage wallets incorporated with Ledger Vault’s technology, thus protecting your money from hacks and theft.

Am I and my cryptocurrency protected?

Yes, the platform carries insurance of $150 million from Ledger Vault and also offers a 3FA security level, which applies to all account users carrying balances of $10,000 or more.

Is YouHodler regulated?

Yes, YouHodler received regulatory approval from Organismo Agenti e Mediatori (OAM) in Italy as a cryptocurrency service provider in July 2022. It also has a banking license in Switzerland.

Do I have to verify my account with YouHodler?

YouHodler complies with Know Your Customer (KYC) and Anti-Money Laundering legislations and requires account verification in order to access its crypto products.

Verifying your account with YouHodler entails submitting proof of identity and residence like driver’s license, passport, or any other government issued identity and proof of address.

Extra information

Educational resources 

There is a definite lack of educational resources on the YouHodler website. There is a blog that contains a mixture of news and instructive posts which may pass as educational, but that is the extent of educational resources available on the website.

Tools and charting

YouHodler offers basic charting facilities but little more beyond that. The absence of advanced charting indicators is quickly apparent when you compare it with other cryptocurrency exchanges out there.

Customer support

This is where YouHodler shines, with the platform priding itself on its excellent customer support, that is available 24/7. Access to the customer service team is available via a chat icon on the webpage, email at [email protected] along with an extensive social media presence.

YouHodler has a 4.5 star rating on Trustpilot, which is one of the highest ratings amongst cryptocurrency exchanges.

Our verdict

YouHodler is a decent exchange for basic crypto transactions but it really shines when it comes to its advanced crypto products. There are few platforms out there that can compete with the breadth of its crypto banking ecosystem. It’s an excellent choice if you want to put your crypto to work, rather than simply trade.

The platform employs cold storage facilities and Ledger Vault protection and insurance to protect your money to give you peace of mind. This is an important feature since the whole idea of YouHodler is to store money on the platform.

Across its platform, YouHodler offers crypto loans, leveraged trading products as well as staking and lending features on 50 cryptocurrencies. Fees are on the lower side and the leverage offered is on the high end, making it appealing to a wide range of users.

How to buy cryptocurrency on YouHodler

  1. Login to account
  2. Go to the wallets page on the web platform or simply go to the app
  3. Select the crypto or fiat you want to exchange
  4. Enter the amount of crypto you wish to buy, review the amount of crypto or fiat you are buying and click on convert

FAQs

Who owns YouHodler?
How does YouHodler make money?
Do I have to pay tax on YouHodler profits?
Is YouHodler anonymous?
Does YouHodler have an integrated wallet?
How do I withdraw from YouHodler?
Has YouHodler ever been hacked?

Sources & references
Risk disclaimer

Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

Theodor Tonca
Financial Writer
Having worked for a decade as an analyst, investment partnership founder, and writer - Theodor is a keen sportsman. When not working, he can most commonly… read more.

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