YouHodler, a fintech platform that supports 10 popular cryptocurrency has announced support. The platform’s focus is on helping people access the benefits offered by the crypto economy, and each of the newly supported cryptocurrencies was chosen because it offers something that will empower the crypto community further.

A list of new coins was posted by the platform. They include: (AVAX), Elrond EGLD, PancakeSwap (CAKE), BitTorrent (BTT), 1inch network (1INCH), Cosmos (ATOM), Near Protocol (NEAR) and (FIL). In addition to these 8 coins, the YouHodler platform will also pay up to 5.5% interest on two other cryptos — FTX Token (FTT) and Zilliqa (ZIL) — becoming the first platform in the world that did it.

YouHodler’s goal is to give users the tools they need to make money from their digital assets. This includes trading, staking and taking out loans. Users only have to open a crypto savings account and deposit the funds. Then, they start getting weekly payments. The amount they receive at the end each week will depend on what deposit was made. It is then sent to their account.

You can see the potential earnings for using your coins for certain periods, such as up to 12 month, and you also get to calculate how much. You can calculate your income potential, plan for future investments and even decide how you want to spend your earnings.

These coins were chosen by YouHodler.

All tokens created this year are trustable, according to the company. Not only that, but all of them can be found in CoinMarketCap’s top 100 cryptocurrencies at the time when they were added.

YouHodler was paying interest for a range of other coins up to now. These coins and tokens as well as any newly added will all be made available to the public on the platform. YouHodler promises to use the most advanced custody methods and practices in order to safeguard your cryptos. Fireblocks, Ledger Vault and other major crypto security experts developed these best practices and custody strategies.

Ilya Volkov, YouHodler’s co-founder and acting CEO, commented on the move by saying that DeFi allows consumers to earn interest on their capital by engaging in staking, farming, and similar activities. YouHodler says that it is difficult and can intimidate users not technologically savvy.

However, this isn’t the only problem. To be able to participate in staking, one might need up to 2x the funds they want. This is because they must stake the USDT and the token. YouHodler was determined to simplify the process and make it as accessible as possible for novice crypto users.

YouHodler’s solutions allow crypto users to connect with the world and use crypto assets to make money, rather than spending them. Non-technical users can now access the crypto market and make their money grow without needing to spend anything.

The platform allows you to sell and buy your coins anytime, without any restrictions. You can use the coins to buy, deposit reward accounts that yield 12% yields or exchange them for fiat, crypto and stablecoins. Users can convert currencies quickly and easily to receive instant cash. You can also borrow using your crypto assets as collateral. This service unlocks cryptocurrency’s true value. The addition of new coins to the portfolio will expand this range and help users move beyond passive holding and begin using their crypto assets smartly.

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