We are all big fans of HODLing at YouHodler but even we can admit, it would be nice to use our crypto in the “real world” sometime. We all know it’s coming, but don’t you ever dream about flying to Ibiza with Bitcoin or booking a hotel on the French Riviera with Ethereum? Well, you can stop dreaming now because YouHodler has made it possible to book your next travel adventure entirely with crypto. Here’s how to do it.
STEP 1: SIGN UP AND PASS KYC
Visit YouHodler.com and click “Sign up.” Follow the instructions from there. After signing up, everyone must pass KYC in order to interact with the platform.
Please visit our helpdesk on more details regarding the process and how to pass KYC.
STEP 2: DEPOSIT CRYPTO
Now that you’ve passed KYC, it’s time to deposit the crypto of your choice. We have a large list of crypto options including BTC, BCH, ETH, XRP, XLM, DASH, LTC and REP (Augur). This list continues to grow each month. To see the full list of accepted cryptos, click the “Wallets” button on the left-hand column in your profile.
Choose the crypto wallet you want to deposit crypto into and click “deposit.” You then have the option to copy the wallet address or scan a QR code for this deposit.
STEP 3: CONVERT CRYPTO TO FIAT OR GET LOAN
OPTION 1: Convert crypto to fiat.
To convert crypto-to-fiat, please go to the “Wallets” page. There, you will see a list of wallets. If you have any balance on your wallet, you will see a Convert option available.
By clicking on the Convert button you will be brought to the Conversion form. The same form can be used for any type of conversion. On the left side, you will choose the amount you want to spend. On the right side, you can see the amount you will receive as a result of the conversion.
OPTION 2: Get a loan
Another great alternative to crypto conversion is using your crypto as collateral for a fiat loan. If you want to keep your crypto but still receive a cash loan for traveling, you can use YouHodler’s crypto lending feature.
Please see how to get a loan on YouHodler here.
Step 5: WITHDRAW FIAT TO CREDIT/DEBIT CARD
By clicking on Credit Card, you will see the withdrawal form. Use this to add the amount you want to withdraw. It could be a whole balance or a fraction of it. Immediately below is the field where you input your credit card number and expiration date.
Withdrawals can be done only with debit and credit Visa and MasterCard cards. We DO NOT accept withdrawals to PREPAID and INSTANT cards.
Credit card withdrawals
Please, explore the full table of credit card withdrawal limits and commissions here.
Please fill out the form and press the WITHDRAW button once you’re ready.Right after you send USD or EUR, the transaction will appear on the Transaction History page. There you can find the status of your transaction.
STEP 6: BOOK YOUR NEXT TRAVEL ADVENTURE
Congratulations! You’ve officially converted your crypto to fiat and have the funds securely on your bank card. Now the fun part begins. Go to Airbnb, Booking.com, Expedia.com or any travel site of your choice to begin your next adventure. Will it be a trendy Airbnb near Grandma’s house or a flight or Bora Bora? The choice is up to you. Our job is simply to make crypto a useable asset in the real world and we’re more than happy to help! So head on over to YouHodler.com today and start planning that next holiday.
If you have any questions about the above six steps, please don’t hesitate to contact support on Telegram or via email at [email protected]. One of our agents will be there to guide through the whole process.