Hodlnaut vs YouHodler: Which Crypto Interest Account is Better?

Hodlnaut vs YouHodler: Which Crypto Interest Account is Better?

Robert McDougall 

April 21, 2022

Cryptocurrency

This Hodlnaut vs YouHodler review compares the pros and cons of each of these well-established crypto interest platforms to determine which one is the right choice for your trading needs.

Hodlnaut is a widely popular crypto interest platform based in Singapore. It launched back in 2019 and now supports eight assets. The company is backed by a single investor, with over 10,000 users and $500 million in assets under management.

On the other hand, YouHodler is not accessible in the U.S., but it does offer other users 57 assets to choose from. YouHodler also charges some high fees for deposits and withdrawals. However, it does offer plenty of unique features that provide users a great experience on the platform.

Which is the better crypto interest account for you? Let's dive in.

Hodlnaut vs YouHodler: Interest Rate Comparison

Header

BTC

4.08% APY (First 0.1 BTC)

4.8% APR (First 0.1 BTC)

ETH

4.60% APY

5.5% APR (First 1.5 ETH)

USDT

7.25% APY (First 100,000 USDT)

12.3% APR (First 20,000 USDT)

USDC

7.25% APY (First 100,000 USDC)

12% APR (First 20,000 USDC)

DAI

3.56% APY (First 25,000 DAI)

12% APR (First 20,000 DAI)

Cell
Header

BTC

4.08% APY (First 0.1 BTC)

4.8% APR (First 0.1 BTC)

ETH

4.60% APY

5.5% APR (First 1.5 ETH)

USDT

7.25% APY (First 100,000 USDT)

12.3% APR (First 20,000 USDT)

USDC

7.25% APY (First 100,000 USDC)

12% APR (First 20,000 USDC)

DAI

3.56% APY (First 25,000 DAI)

12% APR (First 20,000 DAI)

Cell

Hodlnaut vs YouHodler: Comparison Table

Cell

Nunber of Coins

6

57

Minimum Deposit

None

$100

Withdraw Fee

BTC: 0.0004 BTC

DAI: 10 DAI

ETH: 0.0036 ETH

USDT: 10 USDT

USDC: 10 USDC

SWIFT bank wire (USD): 1.5% or $70 (whichever is greater);

SWIFT bank wire (EUR): €55;

SEPA bank wire (EUR): €5;

GBP bank wire: £55

Crypto: varies

Pros

- Available in the USA

- FREE 30 USDC bonus

- No lock-in period or minimum deposits

- User-friendly

- 57 cryptocurrencies on offer

- Strict AML and KYC processes

- Good customer service

Cons

- Crypto loans are only available for institutions

- Limited cryptocurrencies on offer

- Interest rates decrease for larger deposit amounts

- Minimum $100 investment

- Maximum $100,000 total

- Not available in the USA

Website

Hodlnaut vs YouHodler: Comparison Table

Cell

Number of Coins

6

57

Minimum Deposit

None

$100

Withdraw Fee

BTC: 0.0004 BTC

DAI: 10 DAI

ETH: 0.0036 ETH

USDT: 10 USDT

USDC: 10 USDC

SWIFT bank wire (USD): 1.5% or $70 (whichever is greater);

SWIFT bank wire (EUR): €55;

SEPA bank wire (EUR): €5;

GBP bank wire: £55

Crypto: varies

Pros

- Offers high interest

- FREE 30 USDC bonus

- No lock-in period or minimum deposits

- User-friendly

- 57 cryptocurrencies on offer

- Strict AML and KYC processes

- Good customer service

Cons

- Crypto loans are only available for institutions

- Limited cryptocurrencies on offer

- Fiat currency deposits are not supported

- Minimum $100 investment

- Not available in the USA

Website

Pros
  • Available in the USA
  • Free 30 USDC sign-up bonus
  • No lock-in period or minimum deposit amounts
  • User-friendly
Cons
  • Crypto loans are only available for institutions, not individual traders
  • Interest rates decrease for larger deposit amounts
  • Minimal cryptocurrencies on offer
Pros
  • 57 cryptocurrencies on offer
  • Advanced trading tools
  • Strict Anti-Money Laundering and Know Your Customer processes
  • Good customer service
Cons
  • Minimum $100 investment requirements
  • Maximum $100,000 combined over all cryptocurrencies
  • Not available in the USA

Hodlnaut vs YouHodler Features 

As a leading cryptocurrency interest platform, Hodlnaut has risen to popularity due to the fact that it is renowned for offering high interest rates and staking flexibility on the market. 

The main unique selling proposition that has enticed many users to join the Hodlnaut platform is the high interest rates it offers for each coin. Not only that, but these rates are also accessible without having to implement a lock-in period, which many platforms include as part of their best rates for stability.

The Hodlnaut website is also extremely user-friendly, which is important as it allows new and experienced investors to easily navigate.

Hodlnaut also offers users a free, easy-to-use app, which is available in the App Store or Google Play store.

On the other hand, YouHodler provides customers with some unique features that can be very beneficial. As well as offering you the chance to earn interest on cryptocurrency, there is also a feature on the platform to borrow against your crypto.

If you have crypto, but you need cash, YouHodler allows you to use your coins as collateral, offering users high loan-to-value ratios or LTVs. 

As this is a secured loan, you do not have to implement a credit check, and these loans are often approved instantly.

It also implements strict know your customer and anti-money laundering processes, and these features help keep you and your assets safe and secure online.

Finally, YouHodler offers excellent customer service. Reviewers often praise the speed of the customer service and how knowledgeable the staff handling these queries are.

Winner - YouHodler

When it comes to features, YouHodler has more on offer for its users, all within one single platform for simplicity. 

Hodlnaut vs YouHodler Fees

While many cryptocurrency interest platforms require you to pay a fee for each deposit into your crypto interest account, this is not the case with Hodlnaut. This exchange does not charge a fee for any sort of deposit.

Not only that but there are no minimum deposit fees on this platform either. This lets traders invest as much or as little as they want to, knowing that they will not get stung with additional fees for every deposit.

However, there are some fees that occur when it comes to withdrawals. Hodlnaut requires customers to pay a minor fee for each withdrawal, which varies depending on the crypto you are trying to withdraw.

Wherever possible, you should limit how frequently you withdraw as much as possible to ensure the withdrawal fees have the least impact 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

When it comes to depositing fees at YouHodler, these will vary depending on which option you choose.

  • Swift bank wire: $25
  • Credit Card: 4.5%
  • AdvCash account: 1%
  • Crypto and stablecoins: Free

It is also worth pointing out that the information on YouHodler's website tends to be inconsistent. The rates from the wallet don't always align with the figures on the fees page, which is frustrating.

Here is a breakdown of the YouHodler withdrawal fees:

  • SWIFT bank wire in USD - $70 minimum, 1.5% or $70 fee
  • SWIFT bank wire in EUR - €500 minimum, €55 fee
  • SEPA bank wire in EUR - €50 minimum, €5 fee
  • GBP bank wire - £500 minimum, £55 fee
  • Crypto - minimum varies per crypto, the fee varies per crypto

Winner - Hodlnaut

Hodlnaut wins this round as it offers free deposits, and the information on the site and on the platform wallet match up, which is not the case on YouHodler.

Number of Cryptocurrencies

YouHodler has 57 cryptocurrencies.

Hodlnaut has 6 cryptocurrencies.

Winner - YouHodler

While neither platform offers a wide variety of cryptocurrency interest options, YouHodler wins this round, with 57 cryptocurrencies on offer.

Hodlnaut vs YouHodler Security

As Hodlnaut is regulated and based in Singapore, it must adhere to the financial laws that the company puts in place. Hodlnaut also works directly with AWS, which ensures that all of the information stored on the Hodlnaut platform is SSL-encrypted.

Every Hodlnaut user's data and assets are held in cold wallets, so no important information is easily accessible online. 

Finally, the whitelisting technology Hodlnaut implements to ensure that withdrawals can only be made by approved accounts to approved addresses.

Lastly, if that is not enough safety and security for you, you can purchase further insurance from Nexus Mutual, a company directly working with Hodlnaut. Be wary that this insurance is not free, though, and it does incur a small fee.

YouHodler has all of the security systems you would expect to see from an interest platform, including two-factor authentication. Any customer that has over $10,000 in their accounts has the option to disable withdrawals for more security.

YouHodler keeps customer assets in a combination of cold and hot wallets, although it does not specify anywhere what the percentage split is. 

However, it does work with digital asset security experts Ledger Vault. Due to this relationship, private keys are encrypted, secured, and not controlled by YouHodler staff.

Winner - Tie

YouHodler and Hodlnaut's security is excellent, and your private information and digital assets would be extremely secure with either of these companies.

Verdict - Hodlnaut 

To summarise, both Hodlnaut and Youholder offer excellent options for any customer trying to find a cryptocurrency interest platform. What you decide are important factors that will impact which cryptocurrency platform you choose for your trading needs.

If you are searching for a crypto interest platform that provides you with great interest rates, and low fees, Hodlnaut is an excellent option for you.

Don't forget, as well as offering fantastic interest rates, Hodlnaut provides customers with free 30 USDC if you deposit $1,000 for at least 31 days.

One of the best aspects of Hodlnaut is how easy it is to access the interest rates. You don't need to implement a lock-in period to get these great rates, and interest is paid out weekly.

The site and mobile app are also excellent to use, which is great for new and advanced traders.

Overall Winner - Hodlnaut

Hodlnaut wins with high interest rates and much lower fees. Another bonus is that it is available in the USA, whereas YouHodler is not.

Frequently Asked Questions

Is Hodlnaut trustworthy?

Yes, Hodlnaut is trustworhty. It is regulated and based in Singapore, and adheres to the financial laws that the company puts in place. Hodlnaut also works directly with AWS, which ensures that all of the information stored on the Hodlnaut platform is SSL-encrypted.

Every Hodlnaut user's data and assets are held in cold wallets, so no important information is easily accessible online. The whitelisting technology Hodlnaut implements also means that withdrawals can only be made by approved accounts to certain addresses. 

If you want additional peace of mind, you can also access Nexus Mutual's optional insurance cover, for a fee.

Can I trust YouHodler?

Yes, YouHodler is a trusted crypto interest platform. It has multi-layered security  measures, such as 2FA, cold storage of assets, and options to disable withdrawals for additional security if you have more than $10,000 stored.

YouHodler works with digital asset security experts Ledger Vault, ensuring, private keys are encrypted, secured, and not controlled by YouHodler staff.

Who owns Hodlnaut?

Juntao Z. is the CEO and Co-Founder of Hodlnaut.

Still Researching?

If you are still trying to make up your mind about where to put your crypto, you can read my full review on Hodlnaut (here) or have a look at my article on earning compound interest on your crypto.

Marketplacefairness.org provides all its content for informational purposes only, and this should not be taken as financial advice to buy, trade or sell cryptocurrency or use any specific exchange. Please do not use this website as investment advice, financial advice or legal advice, and each individual's needs may vary from that of the author. This post includes affiliate links with our partners who may compensate us. 

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