Hodlnaut vs Crypto.com Features 

With the increased interest in cryptocurrency and the investment opportunities it offers, companies are frantically rushing to build the ideal platform for users' requirements. They are constantly improving their offering on their platform, with new and unique features to try and tempt users to pick theirs over others in the space.

One significant development in the cryptocurrency timeline is crypto interest accounts.

Hodlnaut has focused on this aspect, offering customers the chance to gain as much interest as possible on a select few cryptocurrencies.

The main reason that some customers opt to use Hodlnaut over other crypto interest exchanges is due to the high interest opportunities on offer. Not only that, but these interest rates are accessible without having to implement lock-in periods, and the website is extremely user-friendly.

Withdrawals do incur a small fee, but that is not a major issue due to the generously high-interest rates.

Crypto.com does not just focus on crypto staking on their app, though. It also acts as a crypto exchange where you can buy and sell over 250+ coins. If you are focusing on the crypto interest aspect, one big advantage of Crypto.com is the fact that there are 47 different cryptocurrencies for you to earn interest on. 

However, what really stands out about the Crypto.com app is the fact that it gives users a free Visa debit card. There are various Visa card levels to pick from, which you access by staking various amounts of their native coin (CRO). The Visa card allows you to load your fiat currency onto it, and you can spend your money like a regular debit card. Each time you use your card to buy something, you gain a percentage (up to 8%) of the purchase back in CRO, Crypto.com's native coin.

With regards to interest rates, these differ depending on each coin. While there are many more options, the interest rates are not as high as Hodlnaut. You can increase these rates, however, if you choose to fix it for one or three months. If you have certain amounts of CRO staked, you can also access bonus interest on all your coins.

Crypto.com is a great choice for any customers who want to earn interest on a wide range of coins, and who use a debit card frequently to make purchases.

Hodlnaut vs Crypto.com Fees

When it comes to fees that may occur for a deposit, you will be pleased to hear that neither Crypto.com nor Hodlnaut require you to fork out any hard-earned money as a deposit fee.

Another excellent benefit of each exchange is that there is no minimum deposit amount either. Therefore, no matter how much you would like to deposit to invest, you can be confident you don't need to factor in pesky fees.

Unfortunately, this does change slightly in regard to withdrawal fees.

Hodlnaut, for instance, asks you to pay a small fee per withdrawal. This fee differs and depends on what cryptocurrency you are keen to withdraw.

Here is the breakdown by each cryptocurrency:

• Bitcoin: 0.0004 BTC
• DAI: 10 DAI
• Ethereum: 0.0036 ETH
• Tether: 10 USDT
• USD Coin: 10 USDC
• Wrapped Bitcoin: 0.0004 BTC
• UST: 30 UST
• LUNA: 0.5 LUNA

Crypto.com also charges a small fee which varies based on the coin you wish to withdraw. However, if you decide to sell your crypto and withdraw your fiat currency, there is no charge.

Number of Cryptocurrencies

Hodlnaut has 6 cryptocurrencies.

Crypto.com has 47 cryptocurrencies that you can earn interest on, and 250+ coins that you can buy and sell.

Hodlnaut vs Crypto.com Security

As Hodlnaut is based in Singapore, it is required legally to adhere to Singaporean financial regulations. Alongside this, Hodlnaut also works in conjunction with AWS, so all of its customer information is protected by SSL encryption.

All of the cryptocurrency within Hodlnaut is stored offline in cold wallets while also enlisting whitelisting technology. This technology does not allow withdrawals to occur unless the address in question has received approval from the Hodlnaut team.

If that kind of security and protection is not enough for you, you can also purchase further insurance, which is offered by Nexus Mutual. Unfortunately, this additional insurance does come with a small fee.

On the other hand, Crypto.com earned the ISO/IEC 27701:2019 certification, an award that not many crypto exchanges can boast. It is offered after thorough third-party privacy audits, and it was the first-ever cryptocurrency exchange to receive this certification.

Crypto.com also holds all of its users' cryptocurrency offline in cold storage in the highly respected and trusted Ledger Vaults. It also offers insurance cover for crypto assets at no extra cost.

Verdict - Hodlnaut

In summary, both Crypto.com and Hodlnaut are excellent options for earning crypto interest. Depending on what your specific needs are will help you choose the right crypto interest exchange for your priorities.

If you are interested in the crypto exchange that offers the highest interest rates, then look no further than Hodlnaut. It offers the best interest rates of the two, it is a highly secure and trusted platform, and you can receive free 30 USDC for signing up here.

However, it only offers you the opportunity to earn interest on 6 cryptocurrencies, whereas there are 47 different coins to choose from on Crypto.com.

Another benefit of choosing Crypto.com is the fact that it also offers crypto trading and earning crypto cashback with the free Crypto.com Visa debit card. However, be wary that if you choose Crypto.com, your interest rates are much lower, even if you decide to lock your crypto for 3 months.

Frequently Asked Questions

Still Researching?

If you are still researching crypto interest accounts, you can read my review on Hodlnaut (here) or take a look at my article on the best places to earn interest on your cryptocurrency.