Hodlnaut vs Youhodler - Which is Better [2022]

Hodlnaut vs Youhodler Comparison

Hodlnaut and Youhodler are both trustworthy Crypto Lending & Saving platforms in our view, but which one is the better choice overall for you? We hope to give you the information you need to decide for yourself which is better for you — while elaborating a bit about our experiences using both platforms extensively. 

Both Hodlnaut and Youhodler are relatively small companies/platforms compared to other crypto-lending platforms — to be completely transparent we didn’t trust either of them in the past, but due to recent developments we’ve begun to trust them and keep some of our funds with each of them. Overall we keep much more with hodlnaut as we trust them more due to them being far more regulated and transparent – but both platforms are quite good.

Ultimately we’d say Hodlnaut is better for more cautious investors seeking yield or those who want to passively earn interest on their assets, while Youhodler is better for people who may want to leverage their investments during bullish periods or do some active management.

With that being said we’d say it’s preferable to use multiple platforms to diversify your risk in any one of them having any variety of issues — another good crypto-lending company to check out would be Celsius. You can read our comparison of Hodlnaut vs Celsius here and Youhodler compared to Celsius by clicking here. 

Below you can find a jump-to section if you want to just get to a specific part of the article immediately, but essentially we’ll start by going over which one is best for earning interest on your crypto assets followed by which one has lower fees both for withdrawals and trades on-platform.

After that we’ll dive into the current sign-up bonus offers Hodlnaut and Youhodler offer, how trustworthy both platforms are (and how they’re regulated), before finally ending with a summary of it all and some FAQ’s about both platforms.

Table of Contents

Which Offers the Better Yields on Deposits - Youhodler or Hodlnaut?

Hodlnaut offers slightly higher yields on deposited crypto — however this comes with a small caveat — Youhodler offers comparable yields to slightly higher yields when you enable their ‘trading-bot’ type thing called ‘multi hodl’ but this carries a bit extra risk — otherwise their rates are generally comparable to slightly lower than Hodlnaut’s rates currently. 

With that being said, Hodlnaut only offers interest on stablecoins, bitcoin, ethereum, and…that’s it — while Youhodler offers interest on many more crypto assets, making them obviously the better choice for non-supported assets such as Link, Uniswap, Cardano, or gold-backed stable-coins such as PAXG. 

To sum it up — With Youhodler you earn slightly less than with Hodlnaut (0.5% – 2% less) unless you use multi-hodl with youhodler and then their rates are largely comparable — as a result we’d say this category is a bit of a draw. If you want to lend out Altcoins Youhodler is the clear choice, otherwise it’s a bit of a tie.

Which has less fees - Youhodler or Hodlnaut?

This category is slightly won by hodlnaut — Both Youhodler and Hodlnaut have few fees for the products they have — however Youhodler has higher fees for the products they offer compared to Hodlnaut — for example Hodlnaut offers a free withdrawal every month, while Youhodler charges for each withdrawal. The fee Youhodler charges, and hodlnaut charges after their first free withdrawal is usually the same though — generally between $1 and $10, depending network fees.

When it comes to their internal crypto swap/trading thingy though it’s more or less identical. Generally Hodlnaut’s is around 0.2% while Youhodler’s is also around 0.2% depending on the pair from what we’ve experienced. This can vary a bit, but ultimately every time we’ve checked or swapped ourselves the rates offered were very comparable, within 0.1% of one another, sometimes favoring Hodlnaut sometimes favoring Youhodler.

Neither platform seems to tack on any surplus fees for withdrawals or have any hidden fees of sorts other than the two fees we outlined above.

Which Has The Best Signup Bonus Offers - Youhodler or Hodlnaut?

This category is firmly won by Hodlnaut  — This is because Youhodler doesn’t really offer a sign-up bonus, but rather a small discount or bonus interest rate yield on your first deposit, while Hodlnaut offers an easy $30 sign-up bonus for new users, which is deposited instantly after making your first deposit, no strings attached.

As for Hodlnaut you can learn more about their sign-up bonus on our page about hodlnaut’s current promotions, but basically you can sign up through this link or the app while entering in the code “Pp5zutEhQ” to receive the $30 sign-up reward after depositing $1000+ in assets to Hodlnaut. Much simpler, and no need to lock up your funds or buy their token or any nonsense. This is why we say hodlnaut wins slightly, despite having a smaller sign-up bonus.

As for Youhodler you can learn more about their sign-up bonus on our page about Youhodler’s current promotions, but basically you can sign up through this link and you’ll be eligible for 1% bonus interest on a coin of your choosing for I believe 30 or 90 days, depending on the current promotion, and sometimes a discount on fees.

Which is more Trustworthy - Hodlnaut or Youhodler?

We’d like to say they’re equally as trustworthy — but quite frankly we don’t have as much confidence in Youhodler due to what we feel like is less transparency and slightly less regulatory oversights and partnerships. Youhodler isn’t untrustworthy by any means, they have good partnerships and have regulatory licenses and all that — they just haven’t built as much of a trustworthy brand as Youhodler has in our view.

With that being said we’d say both are trustworthy and competent companies that we’d trust with (some of) our assets — we use them both, we hold tens of thousands of dollars with both — and we haven’t taken out any 3rd party insurance for our assets held with either platform. Having said that we keep much more with Hodlnaut currently, as we simply feel more comfortable with them.  

Both use top-notch security with multi-sig wallets, cold storage, and require collateral for most loans — because of this we’re relatively confident they’re not scams or anything like that, and we’re quite sure they’re here to stay. 

What Advantages does Hodlnaut have over Youhodler?

Hodlnaut has better rates on deposits, a marginally better use-interface, and a signficantly better signup bonus offer, and in our opinion is a little bit more trustworthy and regulated, making them a bit safer/reliable on the surface — even if in practice both platforms never have issues.

We’d say Hodlnaut’s main advantage is to diversify from other platforms and to earn excellent yield on Ethereum, Bitcoin, and stablecoin deposits — personally I’ve been keeping around 20% of my overall cryptocurrency portfolio in Hodlnaut which shows my confidence in them, as my portfolio is quite large.

If you think Hodlnaut is the right choice for you then you can sign up through this link, or enter code “Pp5zutEhQ” when signing up to become eligible for Hodlnaut’s sign-up bonus offer that we mentioned above — but basically sign up and deposit $1000+ of crypto assets within 7 days of your first deposit and you’ll get the $20 bonus paid in the cryptocurrency you deposited in — for example depositing $1k+ in ETH will get you $20 in ETH, or $1k+ in USDC will give you $20 in USDC.

What Advantages does Youhodler have over Hodlnaut?

Youhodler is clearly better if you have many altcoins in your portfolio you’re seeking to earn interest on, or you’re looking to have access to short-term loan and leverage opportunities — however Hodlnaut is generally better for earning the most interest on Bitcoin currently, so Celsius doesn’t really win out in that regard — but regardless Youhodler has pretty decent rates, particularly for Stablecoins deposits and Altcoins deposits so using them for earning on your crypto isn’t really a bad choice at all.

If you think Youhodler is the right choice for you then you can sign up through this link, however before you do that I’d also recommend checking out Nexo, which also offer great interest rates that are comparable to Youhodler in many cases. You can read our comparison of Youhodler vs Nexo here and our comparison of Hodlnaut vs Nexo here. 

Hodlnaut vs Youhodler FAQ"s:

Below you’ll find the FAQ’s we’ve encountered, been asked, or have asked ourself about Youhodler and Hodlanut and our answers to them. If you have more questions feel free to contact us on our contact page and we’ll get back to you as soon as we can — and maybe even add our response below.

Can you buy Crypto on Youhodler or Hodlnaut?

You can’t buy crypto directly crypto on Hodlnaut directly from your bank account currently — you’ll first have to funnel it through another exchange with ACH or wire transfer capabilities such as Voyager — with Youhodler you can buy via the app after filling out some documents online via wire transfer or debit-card (has fee).

Does Youhodler or Hodlnaut have insurance on your cryptoassets stored with them?

With Hodlnaut you have some insurance through ledger, however you may want to take out insurance via Nexus Mutual if you want further coverage, as the ledger insurance isn’t very comprehensive. With Youhodler you automatically have insurance through Ledger, which to be honest isn’t very comprehensive — but likewise to Hodlnaut you can take out insurance via Nexus Mutual if you want to have additional coverage.

With Hodlnaut you can get the Nexus Mutual coverage in-app for a low fee, with Youhodler you must have a 3rd party ethereum wallet and interact with the DeFi protocol yourself to take an insurance plan out, making it more difficult. Of course getting additional coverage is not necessary — we didn’t opt for additional coverage.

Does Youhodler or Hodlnaut have better customer service?

We’d say their customer service is very comparable — they both have good customer service and the agents are competent and, well, you don’t need to go back and forth to get your issue resolved like with some companies who shall not be named. They both respond relatively quickly, however Hodlnaut’s is ever so slightly more responsive in our experience. Both of their customer service teams are much better than most platforms.