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LAUSANNE, SWITZERLAND, July 21, 2022 (GLOBE NEWSWIRE) — Twin forex funding merchandise aren’t new. They’re generally seen in conventional funding providers combining monetary devices like derivatives and non-derivatives. Nonetheless, the Europe-based FinTech platform YouHodler is taking an previous wealth era strategy and reimagining it for the burgeoning trade of cryptocurrency.
Twin Asset is a brand new funding product that provides a “win-win” answer for buyers with floating returns. It combines the yield era methods from decentralized finance (DeFi) with the simplicity of conventional FinTech platforms. The result’s an easy-to-use product for everyone with returns as excessive as 365%.
Relating to DeFi, YouHodler CEO Ilya Volkov talked about that “the yield era methods discovered on widespread DeFi protocols are revolutionary for buyers. However to at the present time, they nonetheless include many boundaries to entry and safety considerations. Because the bridge between conventional finance and cryptocurrency, we need to make a product that guarantees the identical excessive yield as DeFi merchandise however in a user-friendly, and respected method. Twin Asset achieves this.”
As a short-term funding product, Twin Asset permits purchasers to attain excessive returns whereas managing their publicity. Not like different competing platforms, YouHodler’s Twin Asset permits purchasers to select from any mixture of belongings on the platform (e.g. BTC/USDT). Then, they select the length of their plan in keeping with their threat urge for food. Irrespective of the result of the deal, buyers at all times get their preliminary funding again plus a yield share relying on their chosen asset’s habits available on the market.
For more information on how the Twin Asset function works, click here
YouHodler FinTech platform is targeted on crypto-backed lending with fiat (USD, EUR, CHF, GBP), crypto (BTC) and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG, DAI, HUSD), crypto/fiat, and crypto/crypto conversions, in addition to high-yield era merchandise (crypto-rewards & staking). The platform helps BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REP, and different widespread cryptocurrencies and tokens. Consumer’s digital belongings are safely guarded with Ledger Vault’s superior custody and Fireblocks safety choices.
YouHodler is an EU and Swiss-based model with two most important workplaces in Cyprus and Switzerland. To study extra about YouHodler Switzerland go to youhodler-swiss.com
Vaida Saltenyte, Head of Partnerships vaida (at) youhodler.com