Hodly Review

Hodly is a new cryptocurrency wallet, which is owned by IQ Option, a reputable binary options and forex broker, which is regulated by the Cyprus Securities and Exchange Commission (CySEC). This brings a lot of credibility to the project.

The user interface at Hodly is very simple and attractive to newcomers, and huge emphasis is placed on the convenience of their mobile app.

Hodly offers two-factor-authentication (2FA) and cold storage for security measures. 2FA means you can link your account with your smartphone, and a manual verification will be required. Cold storage means a majority of the users’ coins will be held in offline wallets, which makes them more difficult to access in case of a hack.

The multiple payment options and currencies (both fiat and digital) of Hodly looks very attractive. It currently accepts deposits via Credit Card, Skrill, Netteler and Webmoney, while most companies only either support credit cards or bank transfers (or only offer crypto-to-crypto trading). Furtthermore EUR, USD, GBP, RUB are the fiat currencies that can be stored in your account.

Hodly will probably continue integrating more and more altcoins. At the moment the supported ones are BTC, ETH, XRP, BCH, LTC, ETC, BTG, ZEC, OMG, NEO, OTN, XLM, TRX, DASH and QTUM.

The minimum transaction is 10 dollars. Basically everybody can buy a real portion of a Bitcoin.

Hodly is not a place where you can speculate with Bitcoin. It is where you HODL your long term investments. In case you are looking for a short term trading solution, some forex brokers (like IQ Option themselves) also provide crpto.

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