Hodlnaut Review

Hodlnaut Review

Robert McDougall 

July 25, 2022

Cryptocurrency

What is Hodlnaut?

Hodlnaut is a financial services platform where users can invest digital assets. The name of the service is based on the common crypto slang term hodl,(which has come to mean “hold on for dear life”,) which simply encourages investors to hold their crypto assets for longer terms for better returns.

Hodlnaut was started in 2019, and it is currently based in Singapore. Their mission has always been to help investors put their cryptocurrencies to work to earn them passive income.

  • Web Address: www.hodlnaut.com
  • Main Location: Singapore
  • Cryptocurrencies: BTC, ETH, DAI, USDC, USDT, and WBTC
  • Deposit Methods: Cryptocurrency only
  • Deposit Fees: Free
  • Mobile App: Yes

My Overall Thoughts on Hodlnaut

Hodlnaut brings a lot of opportunities for their users through which they can have better use of the crypto assets that would just be lying in their wallets. Not only that, but the platform has made it very easier for the users to earn interest without considering hundreds of things before making a decision. Users don’t have to worry about the lock-in periods, minimum deposits, security, returns, and many other things that the platform has worked on in its history. Hodlnaut even has an excellent sign-up offer with 30 USDC FREE if you sign up here, deposit >1000 USD and hold it for at least 31 days.

So if you asked me what the best things about Hodlnaut that I love the most are, those things would be:

1) Up to 7.25% interest rate:  The interest rates offered by Hodlnaut are very competitive, with a whopping 7.25% APY on USDT. On other coins, you can enjoy interest rates of between 4-6%. For a full list of current interest rates, click here.

2) Convenient mobile apps:  Users can download convenient mobile applications created by Hodlnaut to deposit funds into their interest account and start earning easily. The mobile application is available for all Android and iOS devices and can be installed easily. Just create an account, provide the necessary details and documents, and start right away.

3) No lock-in periods, no minimum deposit, and one free withdrawal per month:  Users are provided with the option to either go with the no lock-in period interest account or go with the fixed-term deposit where your funds are locked. There are also no minimum deposit requirements, and you can deposit any amount you want. Above all, you also get a free withdrawal each month to get your funds out of the platform without paying the fee.

Key Features & Advantages of Hodlnaut

Hodlnaut has a variety of great features and options for investors who want to earn extra on their digital assets. But why would someone opt for Hodlnaut instead of a staking or savings account offered by one of the many crypto exchanges out there? Read on to discover what features give Hodlnaut a leg up on the competition.

Negatives & Disadvantages of Hodlnaut

While Hodlnaut offers several opportunities to their users, they still lack in one key area. Keep in mind when considering Hodlnaut that they do not offer a wide variety of cryptocurrencies.

What Services Does Hodlnaut Offer?

Hodlnaut is the perfect place for investors looking to put their money to work. You have the potential to earn quite massively if you stake a considerable amount at Hodlnaut, thanks to their high interest rates. Additionally, due to easy navigation and the hassle-free signup process, you can start earning with Hodlnaut almost instantly. If you are interested in the services Hodlnaut offers, you can refer to the details below.

Earn interest on popular cryptocurrencies:  One crucial thing that irritates most investors is when they cannot stake their preferred cryptocurrencies. But if you opt for Hodlnaut, whether for fixed-term deposits or any other plan, you do not have to worry. Hodlnaut supports a few of the most popular crypto assets in the world. They are selective with their assets, supporting only the ones that have massive growth potential and are stable.

Following are the cryptocurrencies that you can deposit on the platform to start earning:

  • BTC
  • ETH
  • DAI
  • USDC
  • USDT
  • WBTC

Bitcoin and Ethereum are the undisputed kings of the blockchain industry, with Bitcoin as the godfather. Ethereum is forecasted to transform payments processing. You also can’t go wrong with the other assets. The safest options are USDC and USDT, as both of the coins do not fluctuate much in price.

Easy signup process with FREE 30 USDC bonus:  Hodlnaut requires only a name, email and password to create an account. After verifying your email address, you can access the platform right away. However, to make deposits and choose any deposit or account plan, you will first have to enable the two-factor authentication and submit a few identity documents.

Right after these additional verifications, you can quickly and easily deposit crypto assets to your Hodlnaut account via the provided wallet address. If you know what you are doing, the whole process of depositing will take only a few minutes.

Hodlnaut has a generous sign-up offer, giving you 30 USDC FREE if you verify your account, deposit >1000 USD and hold it for at least 31 days. It is a great way to kickstart your crypto interest journey.

Mobile apps for easy access:  If you do not have quick access to a laptop or desktop computer, you can still use the services of Hodlnaut quite efficiently, thanks to their mobile apps, which are available for Android and iOS devices. The mobile apps are fast and readily available in the app store of your mobile phone. Users can perform every action on their mobile devices, including creating Hodlnaut accounts, depositing cryptocurrencies, exploring available plans and earning a yield on their deposited cryptocurrencies.

Great yields on different assets:  The best feature of Hodlnaut is their interest rates. The highest yield you can earn is 7.25%, which is huge. The interest rates vary depending on market conditions, and are adjusted monthly, and vary based on the asset you are investing in. A good rule of thumb is that the higher your deposited amount, the higher your earnings will be. However, there are certain thresholds where if you deposit larger than a certain amount, your yield will be reduced. This will only affect you if you have large volumes of cryptocurrency (eg: >100,000 USDT). To see the current rates for all 6 cryptocurrencies on Hodlnaut, click here.

No lock-in periods or minimum deposits:  Uncertainty makes many investors uneasy. They like being able to pull their assets out whenever they want. Most interest plans come with a locking period where users cannot access their funds, no matter what. But with Hodlnaut, this is not the case. With a Hodlnaut interest account, users can cash out their funds whenever they want. The platform also offers traditional fixed-term deposits for those who are interested. These generally offer better returns.

Another advantage is that there are no minimum deposit amount requirements for either plan.

Instant token swaps:  If you think you would get better returns on an asset that you don’t have than on the one that you already own, then you can simply swap assets on Hodlnaut. The platform has a dedicated swapping section, so the whole process takes only a few minutes.

Up-to-date learning center:  Whether you have just started your journey with the blockchain industry or you have been in it for a few years, the learning center offered by Hodlnaut can help you in many ways. Not only can you learn about the basics and advanced aspects of crypto assets and their future but you can also keep yourself updated with news and articles. There is a complete Hodlnaut Academy that comes with how-to guides to walk you through the whole process of investing. You can also check out their crypto insights to evaluate future movements yourself.

Referral and affiliate programs:  Just when you think Hodlnaut has given you enough options to earn without doing anything, they offer some more. You receive a premium reward for each person you bring to the platform after they deposit a specific amount. For regular individual referrals, both you and the referee are rewarded 30 USDC. Referrals are made with a unique referral link. You can also sign up to become an affiliate partner, where you promote Hodlnaut on social media or another platform. For each referral you bring in as an affiliate, you can receive between 15 and 25 USDC, depending on the number of new users you attract. There is no cap on the number of referrals you bring, so you can potentially earn an unlimited amount by bringing tons of people to the platform.

Premium customer support with live chat:  Any good financial institution should have helpful and accessible customer support, so you can resolve your concerns without any extra stress. It is not uncommon for many crypto companies’ customer support to miss the mark. Rest assured that Hodlnaut is not one of those companies. Their customer service includes live chat and email options. Just keep in mind that their live chat support is not available 24/7 but only for the period specified on their website.

What I Don't Like About Hodlnaut

While Hodlnaut does support popular and stable crypto assets, the variety is definitely low. There are only 6 assets that you can earn interest on. This can be a major letdown for many crypto holders that want to earn interest on their other coins, and it can lead them to choose another earning platform.

Hodlnaut Fees

Hodlnaut Deposit Fee

Hodlnaut does not charge any fee for deposits on the platform.

Hodlnaut Token Swap Fee

The token swaps at Hodlnaut are free.

Hodlnaut Crypto Withdrawal Fee

Hodlnaut charges a withdrawal fee that is particular to each asset available on the platform. The fees are not very expensive compared to other exchanges and platforms in the industry.

The good news is Hodlnaut offers one free withdrawal per month.

Pros and Cons of Hodlnaut

Pros
  • FREE 30 USDC sign-up bonus
  • Token swapping supported
  • Mobile apps so you can stay in control of your funds at all times
  • High interest yields up to 7.25% APY
  • No lock-in periods or minimum deposit amount
Cons
  • Limited range of only 6 crypto assets
  • Decreased interest rates on higher deposit amounts

Verdict

Leading investor and millionaire Warren Buffet said, “If you don’t find a way to make money while you sleep, you will work until you die.” If you have not found a way to follow his advice, you can try out Hodlnaut. While I am pretty sure this is not exactly what Warren was referring to, earning interest on your assets is definitely a great way to make money while you sleep.

Hodlnaut can be a great place for you to start investing. They offer great benefits, advantages and features. Just make sure to opt for the right plans and deposit the assets that can give you the best returns. The FREE 30 USDC sign-up bonus is an extra perk that is a great way to boost your investment.

If you want to research other crypto interest platforms before signing up with Hodlnaut, you can read our article on the best places to earn interest on your crypto

Frequently Asked Questions

Can US users register on Hodlnaut?

Yes, Hodlnaut offers their services to users living in the United States.

Is it safe to invest with Hodlnaut?

Yes, Hodlnaut is a safe and secure platform.

How do you deposit cryptocurrencies at Hodlnaut?

The only way to deposit crypto assets on Hodlnaut is from your cryptocurrency wallet. The platform provides you with more specific guidelines.

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