Hodlnaut vs Gemini Features 

Hodlnaut has managed to become one of the most popular companies worldwide for earning crypto interest. One of the reasons Hodlnaut is able to reach such heights is due to its focus on allowing cryptocurrency holders the chance to each as much interest as possible from the coins they offer.

Hodlnaut's high interest rates are their main drawcard, and the best part about this is that no lock-in periods are required to achieve these great rates, which are often necessary on other interest platforms.

On top of this, Hodlnaut also does not have any restrictions on minimum deposit amounts, and the site is very easy to navigate and understand.

Gemini offers users an impressive range of advanced features, not only for earning interest, but also crypto trading. Let's start with their crypto interest accounts called Gemini Earn. Interest is paid daily on any of the 40+ coins you wish to earn interest on, and the rates are as high as 8.05% APY with no lock-in period, so they can be withdrawn immediately if required. 

While the interest rates are not as high as Hodlnaut's, Gemini is still an excellent alternative because it offers a much wider range of coins.

On top of this, Gemini also provides customers with the Gemini Pay feature, which allows you to spend your crypto in retail stores. This feature does not incur any fees, and each transaction is simple to execute and has complete privacy. To use this feature, download the Gemini App from the iOS or Android store, press the Pay icon, choose your cryptocurrency, and use the barcode reader to scan your phone.

Another impressive feature of Gemini is the Gemini Dollar (GUSD), which is a USD-backed stable coin. You can convert this to $1 on Gemini without any purchase or selling fees. It can be used to stake in DeFi, spent using Gemini Pay, and used through Gemini Earn.

Hodlnaut vs Gemini Fees

While some crypto interest platforms force users to pay a fee for any deposit into their crypto interest account, neither Hodlnaut nor Gemini do.

As for withdrawing funds from Gemini, it is completely free to withdraw fiat currency from Gemini. If you would prefer to withdraw cryptocurrency from the platform, Gemini offer users ten free withdrawals each month, which is a fantastic offer.

When you send crypto from any platform to any digital wallet, there is a transaction fee that is used to cover mining costs. Therefore, there is no such thing as a free crypto transfer. Instead, Gemini covers this fee ten times each month for its customers. If you have used your ten withdrawals, the fee charged will vary depending on which coin is in question.

Hodlnaut requires users to pay a small fee for each withdrawal, which differs depending on the cryptocurrency that they choose to withdraw.

With that in mind, try to limit how often you withdraw to make sure these fees affect your earnings as little as possible.

Here is the breakdown by each cryptocurrency:

• Bitcoin: 0.0005 BTC
• Dai: 10 DAI
• Ethereum: 0.0036 ETH
• Tether: 10 USDT
• USD Coin: 10 USDC

Number of Cryptocurrencies

Gemini has 40+ cryptocurrencies you can earn interest on, and you can also trade 90+ coins.

Hodlnaut has 6 cryptocurrencies you can earn interest on.

Hodlnaut vs Gemini Security

Gemini is widely regarded as one of the industry leaders when it comes to compliance and security. The company has always operated with a security-first approach, and that is no different today. As you would expect, Gemini has never been the subject of a security breach.

Gemini states that its security is focused on three key aspects: protecting against human error, defending against external threats, and guarding against insider access or misuse.

Gemini boasts the highest levels of operational compliance and has completed SOC 1 Type 1 & Type 2 and SOC 2 Type 1 & Type 2 examinations. In addition, Gemini has been awarded the ISO 27001 certification. 

Hodlnaut is required by law to follow the financial regulations in place in Singapore, as that is the country in which it operates. Hodlnaut also works in close connection with AWS so that any customer or crypto coin information available on the platform is SSL-encrypted.

All of the customer data and assets stored on Hodlnaut are stored in cold wallets, completely offline. On top of that, Hodlnaut implements whitelisting technology, which only allows approved customers to withdraw from accounts on the site.

If this protection is not enough for you, you can also purchase further insurance from Nexus Mutual.

Verdict - Hodlnaut

To conclude, both Gemini and Hodlnaut are excellent cryptocurrency interest platforms. Which one you decide is best will depend on your personal needs. If you are on the hunt for the highest interest rates in the market, then Hodlnaut is the right choice for you, especially with the generous offer of FREE 30 USDC bonus.

However, if other features such as crypto trading or using cryptocurrency to make purchases are important to you, you will want to consider Gemini instead.

One of the biggest selling points of Hodlnaut is the very impressive interest rates are not stuck behind a lock-in period, unlike other leading platforms. While Gemini offers interest paid daily, with no lock-in period, their rates are not as impressive as those on offer at Hodlnaut.

If you are still doing your research, you can read our article here on the best crypto interest accounts.

Frequently Asked Questions

Still Researching?

If you are still undecided, you can read my full review on Hodlnaut (here) and Gemini (here) or have a look at my article on the best cryptocurrency savings accounts.