Hodly — Crypto Wallet Overview

Hodly — Crypto Wallet Overview

Hodly is a crypto wallet that will let you buy, sell, keep, send, and receive 13 major cryptocurrencies.

It is available as both a mobile application and a web service. Cryptocurrency wallets are numerous and all of them have something special to offer to the — now — sophisticated public. What does set Hodly aside from the rest of the flock? As the dev team behind the project puts it, Hodly is doing things differently and oftentimes better than its competitors. Whether it is true or not? Let’s take a closer look at Hodly and go through the most important features it has to offer.

Major features

First of all, Hodly can boast extensive functionality. Probably, its most important feature is the ability to send, receive, buy, sell, and keep cryptocurrency with the help of only one application. No more need to buy crypto with a third-party exchange and then transfer your newly acquired coins to the wallet. Most cryptocurrency wallets can help you store, send, and receive crypto. But how many of them can buy or sell crypto for you directly from the market? Thanks to an integrated crypto exchange Hodly is perfectly capable of doing so.

This feature can help you shape the portfolio you like and keep it up to date, selling and acquiring coins as the prices change. It will also let you lock in profit, should the trend turn against you. After all, it is more convenient to do everything with one and only application instead of using several different tools.

Hodly — Crypto Wallet Overview

There are 13 major cryptocurrencies available to the users. Among them are Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, Stellar, TRON, NEO, Ethereum Classic, OmiseGo, Bitcoin Gold, Zcash, and Open Trading Network. In a world where Bitcoin is “only” 37% of the global cryptocurrency market capitalization and new crypto projects appear daily, it is wise to consider more than one cryptocurrency to invest in.

With Hodly you can acquire cryptocurrency directly with your credit card, no payment systems, and external services required. The whole procedure will take only a couple of clicks. Fill in your credit card credentials and buy Bitcoin, Ethereum, and other altcoins at the current market price. After ‘holding’ the crypto for as long as you like, you will then be able to sell it, receiving the profit to your credit card, as well.

One more thing the pragmatic part of the crypto audience will definitely enjoy is the ability of Hodly users to transfer cryptocurrency between each other with no commission or any kind of fees. All transactions within the system are absolutely free.

One more thing at least some of you will be interested in is fork support. Splits in the original blockchain create lucrative opportunities for cryptocurrency holders. Online exchanges do not usually offer fork support functionality. The Hodly combining the benefits of one exchange and a crypto wallet offers full fork support.

Additional features

Additional features are definitely not a part of the wallet’s core functionality. However, they make your cryptocurrency journey safer and much more enjoyable. The main purpose of additional features, integrated on the Hodly crypto wallet, is to get rid of all third-party projects, giving you an opportunity to find all the necessary information in one place.

Smart newsfeed eliminates the need to consult cryptocurrency news aggregators and resources on the topic. When using smart newsfeed, you will be able to learn everything about the latest events in the industry from one source. Convenient, isn’t it? An important announcement made by the key figure in the crypto industry can seriously affect the exchange rate of Bitcoin or any other cryptocurrency. It is therefore advised to have access to the most up-to-date information when working with cryptocurrencies. After all, it is a volatile market where losing money is as possible as earning them.

24/7 support is available to everyone working with Hodly. Cryptocurrencies are still a tricky subject (although not as tricky as back in 2009, when Bitcoin was launched). Rest assured that any issues and troubles you may come across will be promptly resolved by the professional support department.

Hodly — Crypto Wallet Overview

Security

Both major and additional features mean nothing when your assets are at risk, not being properly protected from external threats. Luckily, Hodly users have nothing to worry about. First, this wallet is utilizing cold storage functionality to keep your savings intact. Secondly, two-factor authentication will make sure that nobody can receive access to your account (except for you).

What is cold storage and why would you want your assets to be stored using this technology? Cold storage refers to keeping Bitcoin and other cryptocurrencies offline, where there is no physical capability of accessing your funds from outside. Not only the funds are stored securely. All personal data, submitted by the clients, is also being stored offline. It makes it impossible for an intruder to access your funds and personal information.

Hodly — Crypto Wallet Overview

Two-factor authentication will require a confirmation from your side (via a text message) every time you make an attempt to log in, creating an additional barrier for hackers and scammers. In other words, not only scammers will not be able to steal your funds they will also have no chance of accessing your account and do something undesirable on your behalf.

Verification, in turn, is required to protect your funds and prevent any illegal activities on the platform. The verification process, however, is fast and easy. All you have to do is submit an ID and confirm your identity. This way the company will know their product is not being used for the purposes of money laundering or any other fraudulent activities.

Hodly is convenient, secure, and offers unmatched functionality. It is a cryptocurrency wallet to be used by cryptocurrency enthusiasts and professionals alike. With a long list of cryptocurrencies available and in-built crypto exchange can also be used as a tool to manage your crypto portfolio. Make sure to give it a try.

Hodly — Crypto Wallet Overview