Clone your collateral and benefit in case of further price growth! Turbocharge is based on the "cascade of loans" principle.
YouHodler has a Turbocharge service, which allows users to get a chain of loans. The platform uses borrowed fiat to purchase additional cryptocurrency without commission and then uses it as collateral for other loans in the chain.
Your initial amount of crypto will be used as collateral for a first loan.
The platform automatically uses borrowed funds from the first loan to buy more crypto and get another loan. This step is repeated from 3 to 15 times – as many as you’d like.
Sometimes a bullrun is too fast to take manual action. Once your collateral coin hits the Take Profit price, YouHodler automatically uses the collateral to repay the fees. You get the rest of the crypto back and benefit from the price's growth.
You can repay the full amount and get up to ×6.5 of your collateral for the initial price. Also, you can use collateral to repay the loan and take the rest of your crypto ("Close now" option).
Use our list of advanced features to manage your Turbocharge conditions and react to the market’s movements:
Turbocharge is structured in the form of multiple collateralized loans and provided by YouHodler SA.
