How to get a DOGE-backed crypto loan
YouHodler makes it simple to get an instant loan using DOGE as collateral. Here’s how to get your DOGE crypto loan today.
- STEP 1: DEPOSIT DOGE
Log in to your YouHodler app and go to your DOGE wallet. Click “deposit” and follow the instructions.
- STEP 2: CHOOSE A DOGE LENDING PLAN
We feature three different DOGE crypto loan plans with a variety of fees and loan-to-value ratios (LTV). Choose which plan suits your needs the best and then click “get a loan.”
- STEP 3: YOUR CRYPTO-BACKED LOAN IS READY
Check your fiat or stablecoin wallet and you will see the loan there. YouHodler DOGE crypto loans are instant, affordable, and don’t require any credit checks.
- STEP 4: TIME TO USE YOUR CASH
Withdraw your cash directly to your favorite bank card or bank account (via bank wire). Another option is to convert crypto right here on Youhodler to either buy more cryptocurrency or to buy stablecoins to use in our features like crypto savings accounts.
YouHodler: Cryptocurrency lending you can trust
YouHodler comes with high-grade safety and security techniques to ensure your crypto collateral is safe at all times. Read more here
Multiply DOGE with Multi HODL
Besides using DOGE as collateral for an instant crypto loan, YouHodler also helps you multiply DOGE via our Multi HODL tool. To begin, simply click the Multi HODL button on your DOGE wallet, choose which direction you think DOGE will move in on the market (Up or Down), and then set your multiplier level (x5 – x30).
Then, follow the results closely and see if DOGE moves in your favor for profit. Take advantage of the “Take Profit” or “Margin Call” features to better help you manage your long or short positions. Discover a new and fun way to multiply your Dogecoin with Multi HODL.
How to borrow Dogecoin – How does it work?
With our Crypto-Backed Loan service, you can borrow BTC, USDT, USD, EUR, GBP, or CHF only. That means if you want to borrow DOGE, you first must convert one of the above to fiat and convert it to DOGE using our exchange service.
Dogecoin loan calculator
You can use our DOGE loan calculator with different loan plans to find the best option for you. You can see all parameters on the form such as loan duration, price down limit, and loan repayment. If you want to loan Dogecoin, please check the calculator first to see which plan works best for you.
Dogecoin lending process
Dogecoin lending is easy with YouHodler. Just open and verify your account, deposit your crypto to the wallet and use it as collateral for your future DOGE loans.