How to Protect Yourself Against Crypto Volatility with YouHodler?

If you don't know what is YouHodler, then it's a crypto buying platform as well as a digital loan lending platform. It got established with Blockchain medium, that's why it's super cool. You can get credits, buy them, or leverage crypto without selling them. YouHodler has more than 80% of business in the market, unlike the competitor this platform gives loan for Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and Ripple for short term crypto exchange platform, at just 2.5% interest rate.

Recently YouHodler platform praise with 100% customer satisfaction. This lending platform now introduces some features that will tackle crypto volatility. This fintech platform will let its users have more control over their coin in the time of market volatility. Using this feature loan taker can extend the price down limit on their opened loans.

What is price down limit (PDL) and how does PDL Extend work?

Crypto market is highly volatile. There are many times when we witnessed the fall of coins rapidly. In 2018 BTC touched 20K$ Mark and later it falls drastically. Well, if this will be a scenario in the You Holder, there is something to save you. In a crypto fall or volatility, where your collateral against your loan money falls, YouHolder holds all right to sell off your guarantee.

You Holder only sell off your coins to avoid further loses after a specific benchmark set by the professionals. It is called a Price down limit (PDL). Previously, this feature is there but with some tweaks. Users get notified when their guarantee is dropping by ⅔ %. However, in that situation user have all the rights to extend their PDL. Here is how this feature works.

• YouHolder lenders will now see an "Extend PDL" option on their open loan, which can get found in the "My Loans" section tab in their account.
• User needs to click that button, and this will let users add additional crypto to the public investment.
• By using "Extend PDL," you can add extra collateral will extend the PDL and secure the loan in crypto or collateral drowning.

How to protect yourself from volatility?

Volatility is still a presence in the crypto market. It can get seen in recent days. On 29 July 2019, BTC price quickly dropped to $9,120, and again it jumped more up to 3.5%. In this case of losing slowly, breaching the PDL. The user now has the option to extend their PDL, keep their loan open. Keep their crypto safe and still HODLing.

When the market up and that specific coin shows a bullish market, the user now can have profit from their collateral value. YouHolder already offers you the best in the market PDL, but with the new feature, you can have a safer option to prevent yourself from the crypto volatility.

These all features of YouHolder makes it unique, that you can surely opt for this platform.