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Hodly — Crypto Wallet Overview

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

It is available as both a mobile application and a web service. Cryptocurrency wallets are numerous, and they all have something unique to offer to the — now — sophisticated public. So 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 often better than its competitors. Whether it is true or not? Let’s look at Hodly and go through its most essential features.

Major features

First of all, Hodly can boast extensive functionality. Its most important feature is probably 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 a profit should the trend turn against you. After all, it is more convenient to do everything with only one application instead of using several different tools.

Hodly — Crypto Wallet Overview

There are 13 significant 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 or external services are required. The whole procedure will take only a couple of clicks. First, fill in your credit card credentials and buy Bitcoin, Ethereum, and other altcoins at the current market price. Then, after ‘holding’ the crypto for as long as you like, you can sell it, receiving the profit on your credit card.

One more thing the pragmatic part of the crypto audience will enjoy is the ability of Hodly users to transfer cryptocurrency with no commission or fee. All transactions within the system are 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. Unfortunately, online exchanges do not usually offer fork support functionality. However, Hodly combining the benefits of one business and a crypto wallet offers full fork support.

Additional features

Additional features are not a part of the wallet’s core functionality. However, they make your cryptocurrency journey safer and much more enjoyable. The primary purpose of additional features integrated into the Hodly crypto wallet is to eliminate all third-party projects, allowing you to find all the necessary information in one place.

Intelligent newsfeed eliminates the need to consult cryptocurrency news aggregators and resources. When using a smart newsfeed, you can learn everything about the latest events in the industry from one source. Convenient. An important announcement made by a critical 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 it.

24/7 support is available to everyone working with “Hodly.” Cryptocurrencies are still tricky (although not as challenging as in 2009 when Bitcoin was launched). Rest assured that the professional support department will promptly resolve any issues and troubles you may come across.

Hodly — Crypto Wallet Overview

Security

Both primary and additional features mean nothing when your assets are at risk and not adequately protected from external threats. Luckily, Hodly users have nothing to worry about. First, this wallet utilizes 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, with no physical capability of accessing your funds from outside. Not only are the funds stored securely. All personal data submitted by the clients is also being stored offline. It makes it impossible for intruders to access your funds and confidential information.

Hodly — Crypto Wallet Overview

Two-factor authentication will require a confirmation from your side (via a text message) every time you 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 doing 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 its product is not used for money laundering or 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, an in-built crypto exchange can also manage your crypto portfolio. So make sure to give it a try.

Hodly — Crypto Wallet Overview