Frequently asked questions

Question 1

What is YouHodler?

Accepted Answer

YouHodler is categorized as a software wallet and a hot wallet. YouHodler allows users to store, manage, and earn interest on cryptocurrencies, as well as access other financial services such as crypto-backed loans and trading.

Question 2

Is YouHodler safe & legit?

Accepted Answer

YouHodler is closed-source and custodial. YouHodler has implemented multiple security measures, including two-factor authentication (2FA), cold storage support, and insurance coverage for digital assets. The platform has not experienced any major hacks or scandals.

Question 3

Who created YouHodler?

Accepted Answer

YouHodler was created by YouHodler SA a company founded by Ilya Volkov.

Question 4

Where is YouHodler's company based?

Accepted Answer

YouHodler SA the company behind YouHodler is headquartered in Switzerland.

Question 5

How does YouHodler work?

Accepted Answer

YouHodler is accessible via web and mobile applications making it possible for users to store and manage cryptocurrencies. Users can perform transactions, deposit funds to earn interest, and take out crypto-backed loans. Private keys and sensitive data are secured using advanced encryption and stored according to the platform’s security protocols.

Question 6

When was YouHodler launched?

Accepted Answer

YouHodler launched around July 21, 2019.

YouHodler