More control over your loan: Why traders love Take ProfitIn basic terms,
Set Close Price/Take Profit works when the user sets a chosen price for their crypto-collateral. When the collateral reaches that point, (called the
Take Profit point) Y
ouHodler automatically sells the collateral to repay the loan and return the collateral (plus profit) in the form of fiat to the user's wallet. With the crypto market rapidly changing by the minute, not all traders have the luxury of sitting around and watching every movement. With this feature, traders now have a hands-off option while maintaining maximum control over their profit.
https://www.youhodler.com/update/youhodler-product-update-new-feature-lets-users-take-profit-on-command