Hodly is an advanced-security wallet that helps allows users to quickly buy, sell or keep a wide variety of cryptocurrencies. It saves people the trouble of having different wallets for each type of coin and lets you purchase coins directly from your bank account balance. For your crypto-trading needs, Hodly also provides an in-built market data feed so that you can watch out for investment opportunities regarding your coins. The market data comes complete with real-time market charts to let you make quick and profitable trades when you see an attractive price movement. The app was developed by IQOptions Ltd.
Official Website: hodly.com
IOS & Android: Mobile APP
- Offer swift deposit and withdrawal of funds to and from your account.
- Highly encrypted and secure server helps you store your coins without sharing sensitive data with anybody.
- It allows quick verification. You only upload your ID to verify your account.
- No transfer charges to other Hodly account users.
- Contains a price explorer with charts to see market movements and capitalization levels for each cryptocurrencies. It shows a profit and loss account for your trading activity.
- Has a coin forking support feature.
- Chat room to socialize and engage with other HODLers.
- Also available in Android and iOS.
What sets Hodly apart from other wallets?
Unlike most other wallets that usually act as a storage medium for your cryptocurrencies, Hodly actually allows you to perform other functions such as buying, selling, exchanging or receiving. It is more than just a storage wallet thereby making it an app worth signing up for. The fact that it carries all those features in one app is an advantage compared to other apps which need a different installation or premium purchase to add any of those features like selling or receiving. The selling experience is much better as the charts provided in app for free allow you to trade your cryptocurrencies with more information at hand.
Hodly has an easy to use interface that is available on PC, Android and iOS versions. You can register online or just download the application on your phone and get going. The Hodly app is developed by IQ options and this allows people who already have an account with IQ Option to skip the registration process and simply login with the credentials that they used on the accounts that they hold with IQ Options. The verification process has very few steps as it only requires new users to upload a photo of their Identification Document and within 15 minutes tops, the account will be already verified.
Deposits can be done in both fiat and cryptocurrency channels as all it would need you to do is to attach a VISA or MasterCard to your account for quick linking. You do not want to use your credit card? No problem! You could go into any other cryptocurrency wallet you own, scan the QR code of the coins you have and attach that to your Hodly account. Your balance will reflect on your Hodly account.
Hodly is a relatively new but so far excellent app for storing and trading your cryptocurrencies. Not all cryptocurrencies are currently supported but the great thing is that more coins are added to the platform every few days. For now, you are able to withdraw BTC, ETH, OTN, TRX, OMG. The only notable downsides to this app is that once you deposit a certain amount to your Hodly account using this app, you can only withdraw back to that bank card you used and the amount cannot exceed that first deposit. It is a highly recommended wallet for new and existing cryptocurrency users.
Thank you for reading our Hodly Review.