Hodly is a cryptocurrency wallet that was created by the founders of IQ Option Ltd. But there are many e-wallets today, why add to the numbers? What makes Hodly unique is the fact that it’s both an e-wallet and exchange platform for electronic currency. In short, it proves you with a platform where you can buy and sell electronic money.
Hodly is a simple and easy to use platform that gives you the ability to buy, sell and store various types of electronic currency. These include Bitcoin, Bitcoin cash, Bitcoin gold, Dash Ethereum, Ethereum classic, Lite coin, NEM, NEO, Omiro, Otum Ripple, Tron, and Zcash.
It’s actually quite easy for you to register on Hodly and the whole process should take 5 minutes. I mentioned earlier that Hodly is actually a creation of IQ Option trading broker. This means that once you register for an account on IQ Option, you automatically get signed up for an account at Hodly.
But you don’t need to have an account at IQ Option for you to access Hodly’s services. You can simply just access their official website and start with the registration process.
Once you have arrived at their homepage you will have to click on the ‘register’ button to start the process. This button is located at the top right corner of the page.
You will then be directed to another page with a ‘Create your wallet’ button. Click on this. If you already have an account with IQ Option they will tell you that your email address is already registered. You can just go ahead and sign in instead using your IQ Option email address and password.
If you don’t have an account yet then you will be required to fill in your email address and password. After which you confirm and agree to their terms and conditions before clicking on ‘start.’
Welcome to Hodly.
Once your done with registration, a pop-up window will appear. This is window serves as a welcome note as well as giving you the option to make changes on your notification preferences. Adjustable preferences include :
Phonecalls: You can choose to allow or disable calls from Hodly customer support. They call to deliver personalized offers.
Push notifications: This includes getting the latest news and updates straight on your device.
Email notifications: You can choose to get the latest news and updates through your email address.
Please note that even though at this stage you will be able to buy, sell and receive your profit. You can only be allowed to withdraw your money once you’ve verified your account. This is 15 mins process that only requires you to upload your Identification Document.
This is among the main functions of Hodly. Unlike other e-wallets out there, Hodly allows you to buy electronic currency traditionally using your debit or credit card. After buying, your cryptocurrencies are deposited to your wallet. They also give you the option to store them on their platform or send them to another wallet. You can even withdraw your cryptocurrency as cash.
Go to your Hodly user main page and click on the ‘buy crpyto’ button. This button is found at the top right side of your screen.
A pop-up will appear where you will fill in how much you intend to spend on buying cryptocurrency. Just below this field is a counter where you will choose what currency you choose to buy.
Before you are directed to the payment page, you will see a summary of your transaction. Once you have confirmed, fill in your payment details and proceed. You’ve just bought your first cryptocurrency!
Is Hodly Safe?
Hodly is quite impressive and shows a lot of potential. But is it safe? Yes. IQ Option and Hodly are both safe and compliant with the terms of security operations. When it comes to technology security, your personal and payment details are secured. Hodly uses Secure Sockets Layer (S.S.L) protocol and the PCI DSS, world class security standard.
To further secure your funds and details they apply the cold storage method. This is where your details and 80% of your funds is printed and stored offline in different bank vaults all over the world.
On your end safety safety is ensured by double authorization. This is more than the usual email address and password routine to login to your account. In this case, whenever you login in, a secret code is sent to the registered phone number for verification.
Hodly Customer Support.
Hodly provides its users both community and personal support . With community support you get to communicate and interact with other Hodly users from all over the world. They also promise 24/7 personal support in case you get stuck. For everyday issues you might also want to checkout their F.A.Q page for a quick fix. Clearly, they are doing their best to ensure that your experience is smooth and easy.
You can now manage your cryptocurrencies while on the go thanks to their user-friendly apps. These apps are available to both Android and Apple Users .Their interface is build in such a way that you can buy and sell electronic currency by just the press of a button.
As far as cryptocurrency is concerned Hodly is showing potential of being the best out there. If you have had an experience with Hodly tell us in the comments section below.
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