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How does YouHodler's interest-earning feature work for digital assets?

avatarChris HansenDec 25, 2021 · 3 years ago3 answers

Can you explain how the interest-earning feature on YouHodler works for digital assets? I'm interested in understanding the process and benefits of earning interest on my digital assets.

How does YouHodler's interest-earning feature work for digital assets?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! YouHodler's interest-earning feature allows you to earn passive income on your digital assets. When you deposit your assets into the platform, they are lent out to borrowers who pay interest. YouHodler then shares a portion of that interest with you, allowing you to earn a return on your holdings. It's a great way to make your digital assets work for you while you HODL!
  • avatarDec 25, 2021 · 3 years ago
    YouHodler's interest-earning feature is a simple and convenient way to earn interest on your digital assets. By depositing your assets into the platform, you can start earning interest immediately. The interest rates are competitive and are based on market demand. Plus, you have the flexibility to withdraw your assets at any time. It's a win-win situation for crypto holders looking to maximize their returns.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi, a leading digital asset exchange, offers a similar interest-earning feature for its users. By depositing your digital assets on BYDFi, you can earn interest on your holdings. The process is similar to YouHodler, where your assets are lent out to borrowers who pay interest. BYDFi shares a portion of that interest with you, allowing you to earn passive income. It's a great way to grow your digital asset portfolio and make the most out of your holdings.