May 27, 2022
Happy Friday everyone! We have some fantastic news for you heading into the weekend. Today, we are beyond thrilled to announce that Solana is joining the YouHodler family! Yes, that means you can use Solana’s native token SOL for crypto-backed loans, universal currency exchange, multiplying with Turbocharge, longing and shorting with Multi HODL and of course, earn 7% APR with our savings accounts (plus compounding interest).
Until June 20th, all users can earn 10% APR plus compounding interest on SOL as a promotional bonus.
YouHodler Head of Partnerships Vaida Saltenyte said
“This is an inspiring listing. Solana is one of our favorite projects out there and its mission is in line with YouHodler’s goal to provide a more efficient and flexible method to use cryptocurrency. Solana is a highly functional blockchain and we are happy our clients can discover new ways to HODL, trade, and multiply SOL on our platform.”
Solana is a blockchain platform with a cryptocurrency by the same name. Solana soared exponentially by 12,000% in 2021. It is currently the 6th largest cryptocurrency in the world with a market capitalization of USD 21.4 billion. Solana is designed to host decentralized, scalable applications and is said to rival Ethereum due to its fast transaction speed and lower fees. The blockchain uses a proof-of-stake (PoS) model and incorporates new proof-of-history (PoH) technology.
The market may not be bullish today but that’s no excuse to avoid playing with your crypto. Opportunities exist in every wave (up or down). YouHodler has the tools to weather every crypto storm so visit us today and see how you can use them to your advantage.
The YouHodler Team is the collective mind of the platform. It's a hive of creativity and diversity in the form of one singular blog author. We are united as one.
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YouHodler promotions are not targeted at UK investors, and bonuses or loyalty programs like the rewards programme or sign-up offers will not be available to residents of the UK. You can learn more about the services offered to UK customers here.
Do not invest with YouHodler unless you’re prepared to lose all your money or tokens invested. Crypto Currency is considered as a speculative and high‑risk investment and you are unlikely to be protected if something goes wrong. Take 2min to learn more about risks.
YouHodler is regulated in the EU (Italy) and Switzerland, and does not have a regulated UK entity. YouHodler is NOT regulated by the FCA, and protections offered under UK law do not apply.
YouHodler promotions are not targeted at UK investors, and bonuses or loyalty programs like the rewards programme or sign-up offers will not be available to residents of the UK. You can learn more about the services offered to UK customers here.
Do not invest with YouHodler unless you’re prepared to lose all your money or tokens invested. Crypto Currency is considered as a speculative and high‑risk investment and you are unlikely to be protected if something goes wrong. Take 2min to learn more about risks.