I keep my regular money in my bank account. But with my crypto, I want it to earn something extra. While searching online, I saw an ad for YouHodler on my Brave web browser (where I earn tokens just for using it).
The name YouHodler made me smile – it’s a bit silly. But names aren’t everything, right?
So I wondered: is YouHodler safe to use, or will it take my money?
I checked everything about it carefully. In this review, I’ll tell you exactly how YouHodler works.
This way, you’ll know what happens when you use it. Then you can choose if you want to sign up or not.
Let me show you what I found…
What is YouHodler and How can you make money from Bitcoin mining?
YouHodler helps people make money with cryptocurrencies. You can lend your crypto to others and earn interest, or borrow money using your crypto as backup. Plus, you can swap regular money for crypto or change between different types of crypto.
Two special features make YouHodler stand out: MultiHODL and Turbocharge. These help you earn more money, but watch out – they can be risky! While YouHodler works kind of like Crypto.com, they’re not exactly the same.
I’ll focus on telling you about their free bitcoin mining option. To see if it’s worth your time, we need to look at:
- How much you can earn
- What you need to do
- How long it takes
Let me explain exactly how to start earning on YouHodler…
Mine bitcoin on YouHodler without buying expensive equipment
Mining bitcoin doesn’t need expensive computers anymore. Through YouHodler’s Cloud Miner, anyone can start mining bitcoin by spending something called Sparks.
First, you’ll find the Cloud Miner section in your dashboard. Each time you want to mine, you’ll spend some Sparks to work on a block. The number of Sparks needed changes based on your account level.
Your Sparks fill up again every seven hours when you’re just starting out. People with higher account levels wait less time for their Sparks to come back. Moving up to higher levels means making crypto trades on the platform.
You won’t need much time for this. Once you run out of Sparks, just come back later when they’ve filled up again. Each time you trade or convert crypto, you’ll earn more Sparks too.
New members who join through an invitation link start with 100 free Sparks. Plus, anyone can mine without spending money – it just takes longer.
Some other places to earn bitcoin include:
- Freecash pays on time and offers many activities in a friendly community
- CashYeah lets you earn by playing games and finishing small tasks
- FaucetPay gives crypto rewards for completing challenges and games across thousands of websites
How can you make bitcoin when your friends join?
Someone signs up using your special link. Then they become part of your online team.
It’s like sharing a secret shortcut with friends. When they join through your link, both of you win!
Your friend gets 75-100 sparks to say “welcome.” And here’s what makes it awesome – you get all the digital coins they create while mining online. Yes, ALL of them!
Here’s what you do:
- Send your special link to friends
- Help them join and start mining
- Watch as you get rewards when they mine
I mean, it’s like having a friend help you do homework – except in this case, they’re helping you earn online money just by doing their own mining!
How do account levels give you more rewards?
The more you use your account, the more rewards you unlock – just like reaching new levels in a game. Each level gives you better perks and higher earnings on your deposits.
There are 8 different levels on your account journey. When you first sign up, you start at the Newbie level. To move up to the next level (Basic), you need to put in $150 worth of deposits in a month. If you want to reach the Jumpstart level, you’ll need to trade or convert $1,000 worth in 30 days. The highest level (VIP) needs $5,000,000 in monthly trading.
Moving up levels means you earn more on your deposits. Plus, you get extra rewards called Sparks. These help you collect free Bitcoin through Cloud Miner.
It’s simple to see what level you are – just look under your Profile section in your account.
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How does YouHodler send your money?
The platform pays in Bitcoin. Once you receive your Bitcoin payments, you can switch them to other cryptocurrencies or cash.
First, you’ll need to pass a check of your account details. This step is needed before changing your Bitcoin into anything else.
Moving up to better account levels means doing some trading first. The site lets you change your Bitcoin into different options like Ethereum, Dogecoin, or Solana.
Each time you switch between currencies, you’ll pay a small fee. It’s smart to wait until you’ve earned enough before making any changes – this helps save on fees.
You can move your earnings to another wallet or keep them on YouHodler. The platform includes some extra features that might help increase what you’ve earned.
The payment system works well if you understand cryptocurrency. If you’re new to this world, spend some time learning about cryptocurrency trading before joining.
What can you buy and sell on YouHodler?
On YouHodler, you can buy and swap 88 different digital coins. While some other trading sites offer more options, YouHodler focuses on picking solid coins that people trust and trade often.
You can trade these coins in 100 different ways – either swapping one coin for another or changing your coins into regular money. Speaking of regular money, you can use dollars, British pounds, Swiss francs, or euros on the site.
Among their coins, you’ll find both the big names everyone knows plus some newer ones that work with artificial intelligence, such as Fetch.ai, Injective, and The Graph. This shows they care about picking coins that might stick around for a while.
How many bitcoins will you earn from mining?
The number of bitcoins you can mine depends on your Sparks. The system gives you new Sparks on its own, but you’ll need to wait 7 hours just to get one back.
When you begin, you’ll need 5 Sparks to mine one block in the Cloud Miner. This gives you 0.000003 bitcoin. You’ll usually see between 2-4 blocks ready for mining at once. After you mine these blocks, you must spend more Sparks to open up new ones.
The Cloud Miner dashboard shows what people make each month at different account levels. This helps you plan what to expect.
The free miner doesn’t bring in much bitcoin. Since it takes little work to use, the small earnings make sense – you just let it run in the background while doing other activities.
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How can you start using YouHodler?
The app works in most places around the world, except in a few countries that have rules against crypto trading.
Signing up is simple. You can use:
- Your Google account
- Your Apple account
- Your email address
If you pick email, YouHodler will send you a 6-digit code. Just type in the numbers from the email to confirm it’s yours.
Next comes the important part. To use features like changing or trading crypto, you need to show them who you are. You’ll send them a photo of your passport or residence permit. They need this to keep everything safe and legal.
Once you finish these steps, you can start using everything on the platform.
Can you use YouHodler when you’re away from your computer?
The YouHodler app runs on your phone, letting you mine Bitcoin without needing a computer. Just grab it from your app store – it works on both iPhone and Android phones.
I’ve found the app simple to use. Everything you see on their website? It’s right there in the app. This means you won’t miss out on any features when using your phone.
Since you can do everything from your phone, there’s no need to stay at your desk. You can check on your mining whenever and wherever.
Where can you use YouHodler around the world?
YouHodler works in most places worldwide – about 164 countries! If you live in any European Union country, you can use it under EU rules. It also works in Switzerland because of Swiss rules. People in the UK can use it too, even though it isn’t specially regulated there.
But wait, there’s something important to know… In some places, you might need extra steps to get the app working.
Countries where YouHodler doesn’t work:
- Most of North America (including the US and Canada)
- Many Middle Eastern countries (like Saudi Arabia, Qatar, and Iraq)
- Several Asian countries (including China, North Korea, and Pakistan)
- Some African nations (like Sudan and Algeria)
- Parts of Europe (such as Russia and Belarus)
- Specific regions (including Crimea, Donetsk, and Luhansk)
- Various other locations (like Cuba, Bolivia, and El Salvador)
Remember to check if YouHodler works in your area before trying to use it!
How can you get help when something goes wrong?
You’ll find answers to common questions in the help area. This explains most of what you need to know when starting out.
Need more help? No problem! Just head over to the help area and look for a little message icon in the bottom right. Click on it, then pick “Messages” and press “Ask a question.”
Fill in what you want to ask and send it off. I find their help works well since it’s easy to ask questions. And I like how the help area gives me lots of useful info when I’m stuck.
Advantages and Disadvantages of YouHodler
When choosing where to put your money, it’s smart to look at what works and what doesn’t. Here’s what I found after trying YouHodler myself:
Advantages
- The screen shows everything right where you need it – I see all my money and tools as soon as I log in.
- You can start making Bitcoin using their cloud mining system.
- They accept many different cryptocurrencies – Bitcoin, Ethereum, and stable ones like USDT and USDC.
- I can swap between crypto and regular money right there on the site, which saves me time since I don’t need other websites to do it.
Disadvantages
- You won’t make much money if you stick to just using the free cloud mining feature
- You need to share personal info before you can use the platform – this means sending photos of your documents, taking a selfie, and proving where you live
Is YouHodler Legit?
Based on my time using it, YouHodler works like many other Bitcoin mining apps. It’s safe to use and gives you a way to collect free Bitcoin.
Just so you know what HODL means – it’s when someone keeps their crypto no matter if prices go up or down. People who do this are called hodlers.
I’d say YouHodler is worth trying if you want some free Bitcoin. Just keep in mind you won’t earn much unless you put money in. The app takes time and patience to build up your earnings.
Still, since it doesn’t need much work from you, it might be worth adding to your phone. You’ll need to wait a while to see much Bitcoin in your account though.
If you’d rather earn actual money instead of crypto, take a look at some beginner-friendly money-making websites. Many of them pay you in cash instead of cryptocurrency.
Did you try YouHodler yourself? Drop a comment below about what happened when you used it.
Thanks for reading!