Matrixport vs Vauld: Which Crypto Interest Account is Better?

Matrixport vs Vauld: Which Crypto Interest Account is Better?

Daniel Chan

July 15, 2022

Cryptocurrency

Matrixport is a leading all-in-one crypto platform offering users various features and tools to earn interest on crypto assets of their choice.

The company was founded in 2019 in Singapore and is therefore regulated by Singaporean laws. Currently, it supports 15+ cryptocurrencies, with reports for additional add-ons in the future. It’s also considered one of the safest online crypto platforms around as it follows the latest security standards and protocols, employing state-of-the-art systems.

Vauld is a Singapore-based company as well. It was founded in 2018, just a year earlier than its counterpart, Matrixport.

It’s a platform offering users the ability to earn interest on various crypto assets while also venturing into trading and borrowing. At the moment, there are 275 cryptocurrencies available to trade on Vauld, and there are no plans on stopping expansion anytime soon.

Similar to Matrixport, Vauld is an incredibly secure platform and one of the best and most reputable ones currently on the market.

Let’s take an in-depth look at these two crypto platforms, check out their features and fees, security protocols, and decide which one is better for you and your needs.

Matrixport vs Vauld: Interest Rate Comparison

Header

BTC

4.60% APY flexible

6.69% APY fixed

3% APY

ETH

4.60% APY flexible

6.69% APY fixed

3% APY

USDC

9.41% APY flexible

12.68% APY fixed

15% APY

USDT

9.41% APY flexible

12.68% APY fixed

15% APY

Cell
Header

BTC

4.60% APY flexible

6.69% APY fixed

3% APY

ETH

4.60% APY flexible

6.69% APY fixed

3% APY

USDC

9.41% APY flexible

12.68% APY fixed

15% APY

USDT

9.41% APY flexible

12.68% APY fixed

15% APY

Cell

Matrixport vs Vauld: Comparison Table

Cell

Nunber of Coins

275+

15+

Minimum Deposit

$1

None

Withdraw Fee

Network fee

BTC: 0.0005 BTC

ETH: 0.005 ETH

USDT (ERC-20): 10 USDT

USDT (TRC-20): 1 USDT 

USDC (ERC-20): 20 USDC

USDC (TRC-20): 1 USDC

Pros

- More than 275+ assets

- Low fees

- Automatic investing plans

- Competitive interest rates

-  Various investment options available

- Mobile app available

- Instant crypto purchase options

- 24/7 customer support

Cons

- KYC requirement

- Only fiat currency is INR

- Not available in the USA

- Can only be operated via app

Website

Matrixport vs Vauld: Comparison Table

Cell

Number of Coins

275+

15+

Minimum Deposit

$1

None

Withdraw Fee

Network fee

BTC: 0.0005 BTC

ETH: 0.005 ETH

USDT (ERC-20): 10 USDT

USDT (TRC-20): 1 USDT 

USDC (ERC-20): 20 USDC

USDC (TRC-20): 1 USDC

Pros

- More than 275+ assets

- Low fees

- Automatic investing plans

- Competitive interest rates

-  Various investment options available

- Mobile app available

- Instant crypto purchase options

Cons

- Only fiat currency is INR

- KYC requirement

- Not available in the USA

- Can only be operated via app

Website

Pros
  • Massive range of more than 275+ coins
  • Competitive interest rates
  • Low fees
  • Automatic investment plans
Cons
  • Only fiat currency is INR
  • KYC requirement
Pros
  • Instantly buy and sell cryptocurrencies
  • Incredible security and safety standards
  • Huge 15% APY on stablecoins
  • $15 USD FREE bonus when you sign up with our link and deposit $300
Cons
  • No desktop application
  • Not available in the USA

Matrixport vs Vauld Features 

Matrixport is a classic crypto platform that offers various types of investment opportunities. Here you can buy, sell, trade, or venture into lending and borrowing and even earn interest on the crypto of your choice. This platform caters to all types of crypto investors, from beginners and intermediate ones to more experienced traders.

Some of this platform’s best features include Flexi savings accounts, leveraged trade offerings, dual-currency products, and fixed-income investments. New users can access the 15% APY Fixed Income product, and also receive FREE $15 USD when they sign up with this link.

Another excellent feature of Matrixport is zero-fee crypto trading. You can instantly buy and sell crypto with no fees or spreads, enabling users to maximise profits.

Beginners can make use of the platform’s 24/7 customer service, which also includes a chat option for immediate communication. Particularly handy if you get stuck in an urgent trading operation and need support. This way, you can get ahead of the problem and bypass it without too much hassle.

Vauld, unlike Matrixport, is not a classic full-on service crypto platform but rather an exchange that offers competitive rates for lending, crypto financial services, and crypto banking. It also provides really competitive rates and fees.

Here you can earn interest, lend and borrow, and withdraw crypto at any point of your choosing. What’s more, there’s also an option for weekly payouts. This is very convenient, since you don’t have to wait for a full monthly cycle to end before receiving your earnings. You also have peace of mind with the knowledge that you can withdraw your funds any time you like.

If you choose to lock your assets for a fixed period, you can access even higher interest rates, which is attractive for some. Your investments will be able to compound quickly, and this means higher annual returns.

If you’re interested in trading crypto, you’ll find plenty of tools and charts on this platform, alongside a Swap Tool, which will enable you to instantly execute trading operations.

Vauld also makes collateralised loans available if you wish to borrow against your crypto, and is a great way to acquire low-interest loans.

Winner - Vauld

Even though Matrixport offers many useful features, Vauld wins primarily because it makes convenience a priority for all types of crypto investors. Add numerous advanced tools, charts, and insights in the mix to make your investment operations easier, and you have an excellent platform to maximize your earnings.

Matrixport vs Vauld Fees

Matrixport doesn’t charge for deposits or any type of trading. However, if you conduct fiat withdrawals, you’ll be charged $30 each time. As for crypto withdrawals, the platform has certain specifics in place.

Here’s a short breakdown of the most popular cryptocurrencies and withdrawal fees that are applicable with each:

  • BTC: 0.0005 BTC
  • ETH: 0.005 ETH
  • USDT (ERC-20): 10 USDT
  • USDT (TRC-20): 1 USDT
  • USDC (ERC-20): 20 USDC
  • USDC (TRC-20): 1 USDC

Vauld has a similar fee structure in place as it doesn’t charge anything for crypto or fiat deposits. 

However, Vauld has a 0.1% taker and maker fee if you are trading crypto. The good thing, though, is that there are no fees for withdrawals, besides the network fee.

Winner - Vauld

While both platforms have few operations that may charge you, Vauld wins this category. The reason we choose it as the winner over Matrixport is that there are no fiat withdrawal fees, and only network fee for crypto withdrawals.

Number of Cryptocurrencies

Matrixport has 15+ cryptocurrencies on offer on its platform, including the most popular ones like Bitcoin, Ethereum, USD Coin, and USD Tether, among others.

Vauld excels in this category as it provides a wide range of more than 275+ cryptocurrencies, including popular and lesser known coins.

Winner - Vauld

Vauld wins easily as it has astonishingly high support for cryptocurrencies. The number stands at 275 coins, and the latest reports indicate that they plan to continue expanding their selection.

Matrixport vs Vauld Security

Matrixport employs FIPS 140-2 Level 3 grade security and adheres to Singaporean laws and protocols. Moreover, one of the world’s most renowned crypto management systems, Cactus Custody, backs Matrixport, placing it among the most secure online platforms on the planet.

This custodian employs a cold wallet storage system, which ensures users’ data is protected alongside their assets. In case of a successful breach, all data is locked in an offline vault. This means that you won’t lose any of your crypto assets or personal information.

Vauld also uses a cold wallet storage system to safeguard users’ data and assets, with BitGo being the insurer, alongside a $100 million insurance package in place.

Furthermore, Vauld uses multi-factor authentication and a device whitelisting feature to ensure you are the only one accessing your account.

Winner - Draw

Matrixport and Vauld offer impenetrable security and are both Singapore-based and regulated, with similar protection protocols and safety standards in place. This one goes down as a draw, which is an advantage as you can rest assured that your personal info and crypto assets are always safe and secure, no matter which one you choose.

Verdict - Vauld

We’ve completed our comparison of Matrixport and Vauld and took a closer look at their best features, fee structures, pros and cons, and security measures in place.

With that in mind, even though Matrixport offers a whole host of crypto services and features, with an intuitive mobile app and low to no fees in place, we believe Vauld triumphs over Matrixport by a margin.

Vauld is a serious competitor, and not just to Matrixport but to other renowned platforms and exchanges as well. It’s an excellent place to earn a secondary income, maximize your yields, and reduce expenses from accumulated fees.

Having said that, the choice ultimately comes down to your needs and preferences, and it's important to note that Vauld only accepts one fiat currency - Indian Rupee. If you only plan on depositing crypto to earn interest, then this may not matter. However, if you want to deposit money and buy crypto, this may not be suitable for you if you do not have access to Indian Rupees. 

If you decide to go with Matrixport instead, remember to register with this link, to receive FREE $15 USD when you deposit $300 into the 15% APY fixed income product.

Overall Winner - Vauld

Vauld is the better choice for earning crypto interest. However, keep in mind that if you want to deposit fiat currency, it only supports Indian Rupees.

Still Researching?

If you are still doing more research before opening a crypto interest account, check out our detailed reviews on Matrixport (here) and Vauld (here), or our article on the best places to earn interest.

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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