Hodly: Comparison to Competitors

Hodly is a ground-breaking App that offers crypto-market participants access to an easy-to-use platform, in which they can securely hold and exchange cryptocurrencies.

Crucially, the Hodly App has been designed to overcome many of the drawbacks previous producers in this space have had to offer. Example features include enhanced fee structures, fast transaction processing speeds, and more. Let’s take a look at how Hodly compares against some of its key competitors. Within one convenient interface users can access a smart and secure multicurrency wallet combined with integrated exchange connectivity.

Large Range of Cryptos In One Platform

Compared to key competitors Hodly offers a large range of cryptocurrencies to buy, sell, send, receive, and store. The App initially launched with 10+ cryptocurrencies on offer and plans to add more and more as the platform develops further. Compared against key competitors, such as big names like Coinbase (which supports 4 digital currencies), this provides users with convenience, accessibility and peace-of-mind that they can safely store and trade their various cryptocurrencies within one secure environment.

User Support — 24/7 & Live

Hodly has been designed specifically to overcome the concerns and complaints of crypto-market participants — seeking to provide a better solution for digital asset storage and exchange. As part of this effort the App offers users 24/7 live user support. This is a huge plus compared against competitors — where often users have been expected to wait hours, even days, for a response to queries about using their respective platforms.

Security

Although a new player in the segment, Hodly offers users a secure environment for digital asset transactions and storage. The platform has been designed for optimised security and has been strategically designed to avoid pitfalls established competitors have suffered from in the past — such as the hacking of the prominent Bitfinex platform in 2016. In addition, all sensitive data is held off the mobile device in a secure, fully encrypted server.

Fees & Speed

As the old saying goes — “time is money”. Hodly is competitive in both fees and transaction processing speeds against its competitors. Users can make fast deposits and withdrawals using just their bank card. Further, to this there are no hidden blockchain fees in the App and users can also instantly transfer to other Hodly users, with zero fees.

Mobile Interface — Simple and Effective in Use

An especially valuable design feature of the Hodly platform is its user format — an easy to use App. The simple design means that Hodly really stands out from competing solutions — which are often complicated to use and, in many cases, not accessible via a mobile application. Hodly users can manage their digital assets on the go through a quick and simple interface. Meanwhile, established names in this space, such as Kraken have struggled to establish a solid footing in the mobile App space according to numerous recent user reviews.

Cryptocurrencies, digital assets and blockchain technology solutions are all playing a larger role in everyday life than ever before. Because of these trends it has never been more valuable for users of all types to have access to a straightforward, secure, App-based digital wallet with exchange connectivity. Hodly provides an effective and safe solution towards meeting the evolving needs of everyday cryptocurrency users.

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