Matrixport vs YouHodler: Which Crypto Interest Account is Better?

Matrixport vs YouHodler: Which Crypto Interest Account is Better?

Robert McDougall 

January 8, 2024

Cryptocurrency

Matrixport is a one-stop crypto platform that offers tons of features, including crypto interest accounts, zero-fee trading options, crypto-backed loans, and trading bots.

It was founded in 2019 and is headquartered in Singapore, but what’s great is that it’s available in most parts of the world. The company is a relatively new lending platform that also offers a full-service crypto exchange, supports 15+ cryptocurrencies, and even has some DeFi protocols and ways to earn interest.

YouHodler is a crypto exchange and crypto lender that offers incredibly high rates of interest, but is unavailable in the United States and China. It is headquartered in Switzerland and is a crypto loan provider with the general idea for users to hold their assets when the market is down and then sell them when it goes back up.

This platform enjoys a solid reputation, scoring 4.4 out of 5 stars on TrustPilot, with users praising their impeccable customer service and incredibly high interest rates, which can amount to 12.3% APY.

Continue reading to find out the main features, interest rates, fees, and security measures of these two platforms.

Matrixport vs YouHodler: Interest Rate Comparison

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BTC

4.8% APR (First 0.1 BTC)

3% APY

ETH

5.5% APR (First 1.5 ETH)

3% APY

USDC

12% APR (First 20,000 USDC)

15% APY

USDT

12.3% APR (First 20,000 USDT)

15% APY

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Header

BTC

4.8% APR (First 0.1 BTC)

3% APY

ETH

5.5% APR (First 1.5 ETH)

3% APY

USDC

12% APR (First 20,000 USDC)

15% APY

USDT

12.3% APR (First 20,000 USDT)

15% APY

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Matrixport vs YouHodler: Comparison Table

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Nunber of Coins

57

15+

Minimum Deposit

$100

None

Withdraw Fee

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

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

- Crypto and fiat instant conversion available

- No additional or hidden fees

- Excellent safety and security

-  Various investment options available

- Mobile app available

- Instant crypto purchase options

Cons

- Not available in USA and China

- High loan fees

- Not available in the USA

- Can only be operated via app

Website

Matrixport vs YouHodler: Comparison Table

Cell

Number of Coins

57

15+

Minimum Deposit

$100

None

Withdraw Fee

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

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

- Crypto and fiat instant conversion available

- No additional or hidden fees

- Excellent safety and security

-  Various investment options available

- Mobile app available

- Instant crypto purchase options

Cons

- Not available in USA and China

- High loan fees

- Not available in the USA

- Can only be operated via app

Website

Pros
  • Europe-based and regulated
  • 24/7 customer service
  • More cryptocurrencies on offer
  • Crypto and fiat conversion instantly available and applicable
Cons
  • Not available in the USA and China
  • High loan fees
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 YouHodler Features 

Matrixport has managed to establish itself as a leading all-in-one crypto platform offering numerous financial services and solutions to its users. It’s a platform that caters to all types of crypto enthusiasts, from beginners who can use Flexi saving offers to intermediate individuals who can venture into fixed-income investments, and last, but not least, experienced investors who can enjoy hand-picked features and products.

Here, you’ll be treated to a whole host of seemingly endless opportunities, all of which come bearing high returns and yields.

Some of the best features Matrixport offers are the following:

  • Smart Trend - predictive product enabling users to earn up to 50% whenever the market favours them
  • Dual Currency - users can choose a product with dual currency with which they can secure higher yields
  • Range Sniper - investors may receive higher returns when their crypto rises
  • Best Buy Fund - handpicked funds ensuring safe and secure returns with minimal to no risk

If this isn’t enough, you’ll also receive full backing from Matrixport’s 24/7 customer support whenever you encounter an issue with buying, selling, trading, or staking your crypto assets. This means that you can safely execute your orders knowing you’ll have the assistance of the platform’s knowledgeable staff. When you go this route, you can become even more experienced and unlock better trading skills, enabling you to conduct safer and more rewarding operations.

And last but not least, Matrixport ensures investors high returns with its optimal instant zero-fee trading feature. Namely, you can buy or sell crypto with no commission fee. This can come in handy as you can use the funds you’d otherwise waste on fees to re-invest in future trades.

YouHodler, on the other hand, is a slightly different crypto platform that also offers some intriguing features. You can easily deposit your crypto assets from your other crypto exchanges or wallets in order to start earning interest. 

Interest is compounded on a daily basis, and you will receive weekly payouts. If you wish to further boost your earnings, you can use the platform’s Multi HODL and Turbocharge features. With these two features, you’ll be able to multiply your crypto by up to 25 or 50 times, depending on the amount of effort you put into this process.

Additionally, you can borrow or loan out your assets if this is something you’re looking to put into your strategy. As a borrower, you can set a closing price, which means when the crypto value reaches its price, YouHodler will automatically sell the collateral, repay the loan, and then transfer the remaining funds into your account.

By using Turbocharge loans, you can borrow a lot more crypto than originally, but you’ll need to pay attention to the fees, which can be rather high.

Winner - YouHodler

YouHodler has an intriguing set of features and tools to enable its users good investment options and higher ROIs.

Matrixport vs YouHodler Fees

Matrixport has no crypto deposit fees and all fiat deposits via SEPA, IBAN, and ABA transactions are free of charge. You can also buy and sell crypto without any commission fee as the platform offers a zero-fee instant trading option. 

Crypto withdrawals are subject to fee charges, depending on the currency. Here’s a list of fee charges for the most popular coins:

  • Bitcoin - 0.0005 BTC fee
  • Ethereum - 0.005 ETH fee
  • USD Coin (ERC20) - 20 USDC
  • USD Coin (TRC20) - 1 USDC
  • USD Tether (ERC20) - 10 USDT
  • USD Tether (TRC20) - 1 USDT

Fiat withdrawals via wire transfer will incur a $30 fee.

YouHodler has no deposit fees for bank wire, crypto, and stablecoin deposits, while SWIFT deposits are subjected to 25USD/25EUR fee charges.

Withdrawal fees are the following:

  • USD SWIFT = 1.5% or minimum of $70
  • EUR SEPA = 5 EUR
  • EUR SWIFT = 55 EUR
  • GBP/CHF = 0.15%
  • Crypto = Only Network Fees Applicable

Other fees for YouHodler are:

  • Multi HODL = 0.01% Rollover Fee
  • Turbocharge = 0.5% to 2.1%
  • Loans = 1% to 8%
  • Conversion = 0.2% to 2%

Winner - Depends on your needs

Both platforms have various fees, and which one has lower fees will depend on what operations you will be conducting.

Number of Cryptocurrencies

At the moment, Matrixport supports roughly 15+ coins, including the most popular ones such as Bitcoin, Ethereum, and USD Coin, among others.

YouHodler offers support for 57 in total, which is three times more coins than what Matrixport has on offer.

Winner - YouHodler

YouHodler has more than 57 coins, much more than Matrixport's limited range of 15+.

Matrixport vs YouHodler Security

Matrixport and YouHodler are incredibly safe and reliable crypto financial service platforms and offer top-grade security measures and features.

Matrixport offers cold storage security, which means users can rest assured knowing that their assets are stored and protected offline to avoid any loss of data in the event of a security breach. In addition to this, Cactus Custody manages its security, employing FIPS 140-2 Level 3 security and multiple centres for data storage.

YouHodler is one of the safer exchanges around, following the strict guidelines by AML. It includes two-factor authentication (2FA) to ensure verification when the account is being accessed and a cold wallet storage system, similar to Matrixport, with Ledger Vault being the custodian.

The best thing about YouHodler is the insurance package for your deposits, which amounts to $150 million in the event of a hacking or cyberattack, again, powered by Ledger Vault.

Winner - YouHodler

Even though both platforms offer top-notch security features and measures, YouHodler wins again here, primarily due to the hefty insurance in place. In addition to this, it’s good to point out that security experts dub YouHodler as one of the safer crypto platforms around.

Verdict - YouHodler

Matrixport is a top financial and crypto service provider. It helps different users gain access to a plethora of investment options. Here you can invest, trade, buy or sell, and save and earn interest on crypto without too much hassle.

YouHodler is a truly exciting alternative for all those who are looking to earn interest on their crypto. With highly competitive rates, zero to no fees, and an easily usable mobile app, it is a perfect choice for different types of crypto enthusiasts, from beginners to advanced users.

We’d recommend choosing YouHodler over Matrixport, as it performed better in almost every section that we compared in this article.

Overall Winner - YouHodler

YouHodler won in almost every comparison point in this article, so it is takes the overall title as well.

Still Researching?

If you are looking for other options to earn interest on your crypto, you can have look at our review on Matrixport (here) and YouHodler (here), or this article on the best crypto savings accounts.

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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