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The world is still recovering from the blow of the COVID situation that has virtually dismantled the economy. The best cryptocurrencies have taken a hit. But now, due to the rise in retail trade, cryptocurrencies are expecting a positive change that is coming with the “v” chart, the marker of economic revival.
With this in mind, YouHodler is ready to help cryptocurrency lovers have the chance to earn 5.5% APY on Litecoin savings account.
The three-step process to earn from LTC Savings Account it’s super affordable.
1. You must have a YouHodler wallet in which to add the LTC.
2. You must understand and sign the Savings Premium Agreement.
3. Sit back and relax to see the magic of compounding as the cryptocurrency will earn interest every day.
There are some tips to follow:
- Interest on the cryptocurrency is calculated within four hours.
- Payment is made every week.
- You will receive payment in the form of cryptocurrency which is already present in your wallet i.e. Litecoin, in this case.
- You will receive compound interest on the YouHodler savings account. To put it simply, you will receive interest in your principle as well as the interest it builds up over time.
- The longer you deal with HODL, the better the performance you can expect.
Financial analysts suggest that LTC should turn bullish shortly. Hence, anyone who opens an account now should be earning a huge amount of profit in the future. The profit comes both ways from the interest you will earn, which is 5.5% APY, and from the growth in the price that the coins undergo over time. If we look at financial analysts’ forecasts, then LTC is poised to break the upper trend line in a few months, the first target being $ 83, LTC’s peak prior to the pandemic. Another reason is that LTC on YouHodler is full of opportunities as users will be able to use Multi HODL accounts alongside interest accounts.
When you use the YouHodler Savings Account with Multi HODL, you are investing smartly because you are combining a passive investment strategy with the potentially riskiest profit tool. You can keep 80% of the total amount in your savings account and you can transfer the remaining 20% to multi HODL; in this way you ensure greater profits and, at the same time, you do not have to risk the entire investment.
Being an “active HODLer” can help you take advantage of LTC’s volatility in the future. This new and innovative concept should help cryptocurrency users immensely in the months and even years to come because the graph is positive and the cryptocurrency market is full of possibilities.
About YouHodler
The YouHodler team has been working in this sector for years. They are based in Switzerland with another office in Cyprus. They have developed this one-stop solution for cryptocurrency users who want cryptocurrency-based loans, sell cryptocurrencies, earn interest via a Litecoin savings account, watch crypto assets grow using amazing trading tools, and more. They aim to provide the best crypto experience to people who love this concept and help the whole community.
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