Youhodler vs Crypto.com - Which is Better [2022]

Youhodler vs Crypto Com Comparison

Youhodler and Crypto.com are both relatively trustworthy Crypto Lending & Saving platforms in our opinion, but which is the better overall choice 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 thoroughly. 

We used to strongly prefer Crypto.com to Youhodler, as to be honest in the past we didn’t trust Youhodler due to it being such a new unknown company, but those worries have largely passed — overall we still personally prefer Crypto.com due to us having large amounts of crypto to earn interest on, however they’re quite competitive with one another now. Youhodler is generally better for smaller to mid-sized accounts (USD <$100k), Crypto.com for larger accounts than that.

With that being said we think it’s important to use multiple platforms to diversify your risk in any one company having any variety of issues — another great crypto-lending platform to look into is Hodlnaut. You can read our comparison of Hodlnaut vs Youhodler here and Crypto.com compared to Hodlnaut by clicking here. 

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

After that we’ll quickly go over the current sign-up bonus offers Youhodler and Crypto.com currently offer, how trustworthy both platforms are (and how they’re regulated), before finally concluding with a summary of it all and some FAQ’s.

Table of Contents

Which Offers the Better Yields on Deposits - Youhodler or Crypto.com?

This category is a quite complicated — Youhodler offers better yields on small-medium sized deposits (<$100k USD value) and flexible lending options (you can withdraw anytime) but crypto.com offers better long-term rates if you hold quite a sizeable amount of their loyalty token ($4000+ USD worth of $CRO).

Crypto.com offers better yield when you hold and stake (for 180days+) at least $4000 worth of their loyalty token ($CRO) AND lock up your cryptocurrency for 90 days, making it unaccessible for the time period. In this case Crypto.com offers slightly better yields on deposits, between 1% and 2.5%~ or so more than Youhodler offers on deposits.

What this means is if you don’t want to lock your crypto up for 90days+ at a time, AND have a large amount of $CRO token, then you’d likely prefer Youhodler, while if you believe in crypto.com and don’t mind holding for the long-term, then crypto.com is likely the preferred platform.

With that being said here’s what we do — due to having a large amount of CRO tokens we keep around 30% of our cryptoassets with Crypto.com to take advantage of their slightly higher rates, as we do not plan to sell it, trade it, or care to have access to it within the next 90 days. Around 10% to 20% we keep with Youhodler due to their still good rates, with no lock-up required or penalties for withdrawing early. The rest we keep with other lending platforms, to diversify our risk.

To sum it up — With Crypto.com you earn slightly more than with Youhodler (1% -> 2.5%~) when you have USD $4000+ worth of CRO locked up on crypto.com AND lock your coins up for a minimum of 3 months — if you do not meet those requires crypto.com offers quite a bit less interest on deposits (3-4% less/year).

Which has less fees - Youhodler or Crypto.com?

This category is slightly won by Youhodler — Both Crypto.com and Youhodler have very little fees for the products they have — however Crypto.com has higher fees for the products they offer compared to Youhodler — for example Youhodler offers swaps in the app for a small fee around 0.2% while crypto.com’s is generally around 1% to 1.5% unless you use their exchange, which US (and some other countries) users are not allowed to use. 

The withdrawal fee crypto.com charges, and hodlnaut charges is usually the same though — generally between $1 and $10, depending network fees — they don’t try to make money on their withdrawal fees, they’re comparable to other platforms and are just meant to cover the blockchain transfer costs.

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 — well there’s a few niche fees crypto.com has such as an inactivity fee for their debit card if you get one and don’t use it for a year while having funds on it, but they’re not really relevant.

Which Has The Best Signup Offers - Youhodler or Crypto.com?

This category is firmly won by Crypto.com — This is because Youhodler doesn’t really offer a sign-up bonus (well kinda, read below), while Crypto.com offers $25 in $CRO coins (their loyalty token) after signing up and staking $400 worth of $CRO tokens. It’s not a great bonus, but hey it’s not bad, especially if you want their card.

Well that’s because with Crypto.com’s sign-up bonus offers you have to stake $400+ worth of CRO for a crypto debit card from them, lock the funds up in their token for 180-days at a minimum, and that’s the way you get your $25 bonus. If you are planning to get a crypto.com card then it’s no problem of course, you’d be locking up the funds anyway. To get crypto.com’s sign-up bonus you can simply sign up up through this link, or simply enter in code “b8yarfx9bd” during sign-up in-app.

As for Youhodler you can read more about their sign-up bonus on our page about Youhodler’s current promotions, but essentially you can sign up through this link and you’ll be eligible for 1% bonus yield on a coin of your choosing for I believe 30 or 90 days, depending on the current promotion, and sometimes a discount on fees, but other times you’ll get nothing. So don’t have high hopes, Youhodler doesn’t like offering sign-up bonuses for some reason.

Which is more Trustworthy - Youhodler or Crypto.com?

We’d like to say they’re equally as trustworthy — but quite frankly the hard truth is Crypto.com has more institutional backing and is larger, and thus is the more trustworthy and reliable company at this stage. They own a stadium, have had superbowl commercials in the US, have advertisements in dozens of countries, they’re HUGE. If you’re risk-adverse you’d probably prefer going with Crypto.com as a result.

With that being said we’d say both are trustworthy and competent companies that we’d trust with 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.

Both are quite regulated and 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 Youhodler have over Crypto.com?

Youhodler has way better rates than crypto.com unless you lock up your cryptocurrency long-term (90days+) and hold large amounts ($4000+ worth) of crypto.com’s loyalty token — this makes them a better choice if you prefer higher liquidity or simply don’t want to have such a large amount in a centralized companies token.

Youhodler also has way less fees when it comes to swapping between cryptocurrencies on the platform, Overall if you’re just looking for crypto lending services and don’t want a crypto debit card (which Youhodler doesn’t offer) then they’re great. We didn’t touch on the benefits of Youhodler’s “multi hodl” and turbocharge function in this article, we will in a review of them, but essentially youhodler is good for leverage swing-trading as well due to these features.

If you think Youhodler is the better choice for you then you can sign up through this link, however before you do that I’d also recommend checking out Celsius, which also offers very good interest rates that are comparable to slightly higher than Youhodler in many cases. You can read our comparison of Crypto.com vs Celsius here and our comparison of Youhodler vs Celsius here.

What Advantages does Crypto.com have over Youhodler?

Crypto.com has slightly better rates when you hold large amounts of their loyalty token, and lock your crypto up for multiple months at a time — so if you’re bullish on $CRO, their loyalty token, or already have large investments in it then crypto.com is hands-down the best platform for earning interest on crypto in our view. 

They’re also the better all-in-one platform, offerring crypto debit cards, payments, NFT’s, and all sorts of other stuff while Youhodler is simply a platform for lending & leverage investing. If you’re interested in the services Crypto.com offers that Youhodler doesn’t we’d recommend checking out our comparisons of Nexo vs Crypto.com and BlockFi vs Crypto.com, as both of those platforms offer similar products to crypto.com with less loyalty-restrictions. Crypto cards and such.

With that being said, if you just want to go with Crypto.com right now you can sign up to Crypto.com to be eligible for the $25 sign-up bonus we mentioned previously in the article — keep in mind you may need to enter code “b8yarfx9bd” when signing up to recieve the bonus, as well as stake some CRO tokens to receive the bonus, as mentioned previously.

Youhodler vs Crypto.com FAQ's:

Below we’ll cover the FAQ’s we’ve been asked, or encountered, or even have asked ourself related to Youhodler and Crypto.com. If you have other questions feel free to reach us through our contact page and we’ll get back to you as soon as we can — and maybe even add our answer down below.

Can you buy Crypto on Youhodler or Crypto.com?

You can buy crypto on Crypto.com directly via a wire transfer (or ACH transfer) after filling out some forms online, and you can also do the same on Youhodler although it takes a little longer to set up. Youhodler has lower fees when buying crypto as a US-citizen, and as a non-US person the platforms are equal in this regard.

Does Youhodler or Crypto.com have insurance on your cryptoassets stored with them?

With Youhodler 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 Crypto.com you automatically have multiple types of insurance that’ll protect you (and Crypto.com) from all but bankruptcy or a catastrophic level breach in security.  

Does Youhodler or Crypto.com have better customer service?

We’d say Youhodler’s customer service is quite a bit better than Crypto.com’s — Youhodler is a bit faster due to them being a smaller company at this stage with less clients, but in time this may change, and we have found Youhodler customer service to be slightly more competent and get things right and understand the first (or second) time — rather than needing to go back and forth for days a bit to get the answer/help you need. Fix your support crypto.com, it’s awful.