Welcome to this YouHodler review for 2022.
Here, we will cover YouHodler’s history, features, security, and interest rates.
Also, we will compare YouHodler with other crypto interest services. You will find the headlines Youhodler VS BlockFi, YouHodler VS Midas Investment, and YouHodler VS NEXO.
If this is not what you are looking for, you might want to check our general article about crypto passive income to navigate correctly.
YouHodler Review Team and History
The YouHodler team consists of Ilya Volkov, Renat Gafarov, and Alex Vinny.
Ilya Volkov is the CEO of YouHodler and has over 15 years of experience in the fintech industry.
Renat Gafarov is the CTO of YouHodler and is the blockchain architect behind several crypto exchanges.
Alex Vinny is the head of product and is a former UI/UX developer.
YouHodler Review Features
YouHodler offers several features and is not only a place for earning interest on a saving account.
At YouHodler, you can
- Get a crypto loan
- Exchange crypto, fiat, and stabelcoins
- Earn interest on crypto holdings
- Boost your savings with Multi HODL
- YouHodler dual asset with up to 365% APR
- Borrow to get more crypto with Turbocharge
YouHodler Review Security and Insurance
YouHodler uses Ledger as an integrated part of its hot and cold crypto wallets. Additionally, ledger provides a digital asset management system with $150M pooled crime insurance for YouHodler.
With Ledger Vault, YouHodler gets:
- All cold wallet private keys are isolated, stored, and encrypted.
- Furthermore, managers and mandatory multi-signature principles distribute access to the vault.
- Ledger never holds YouHodler’s keys. Instead, a backup recovery mechanism ensures YouHodler can independently recover the funds at any time without using the Ledger platform.
YouHodler supports more than fifteen top cryptocurrency coins/tokens and stablecoins. The Ledger also supports the large majority full review of safe and regulated crypto interest accounts with insurance.
YouHodler personal account security
To set the additional level of security and protect the account, all users can apply one of two 2FA (Two-Factor Authentication) available options:
- SMS 2FA
- Google 2FA
YouHodler Review Interest Rates
YouHodler is giving very competitive crypto interest rates to their customers.
Some examples are USDT, LINK, DOGE, and ETH, giving the best interest rates on the market (at the time of writing).
You can see all the interest rates in the tables below, where we compare YouHodler with the leading competitors.
In addition, YouHodler offers you the possibility to earn interest on a wide selection of cryptocurrencies in comparison with Midas Investment that only offers a few selected cryptocurrencies in their interest-earning product range.
YouHodler Dual Asset Investment
YouHodler has created a product called dual asset where they promise an APR of up to 365%.
Is this real and how can they offer such returns?
Of course, the 365% APR doesn’t come without any risks. The main product behind this yield is an option contract where you agree to buy crypto if the price decreases and sell crypto if the price increases.
Still, you will get the yield which is almost 1% per day but read about all risks, strategies, and calculations in our Youhodler dual asset review before you invest in this product.
YouHodler Review VS Midas Investment
In this section, we will compare YouHodler VS Midas Investment.
Midas Investment is not a borrowing and lending company like YouHodler, NEXO, and BlockFi. Instead, Midas Investment earns yield through Defi and different investment strategies strategyi ecosystem. They are vary transparent about their strategies and have their own Wiki where they explain all the different approaches.
Midas Investment is still small with regards to assets under management(AUM) and a total number of active users compared to BlockFi and Nexo. Midas Investment has attracted 7000+ users and $200+ million in AUM.
Read more in our Midas Investment review.
- Midas Investment has higher rates than YouHodler
- YouHodler has more products besides interest-earning products
- If you plan to deposit more than $20.000 YouHodler is not the best choice because they only pay interest on funds equivalents worth up to $20.000
Lock Up
N/A
N/A
Min Deposit
$100
N/A
Max Deposit
$20K
N/A
8%
16%
3%
8.5%
3.7%
4.9%
5.5%
5.05%
8%
16%
8%
16%
9.5%
13%
5.5%
9.1%
8%
16%
YouHodler Review VS BlockFi
In the table below, we have summarized or YouHodler VS BlockFi comparison.
Pros with YoudHodler VS BlockFi
- YouHodler offers more competitive interest rates
- BlockFi also has a maximum level on which you can earn interest. However, this is per cryptocurrency and not a total amount for the portfolio.
- BlockFi has no minimum limit.
- BlockFi has a slightly better BTC rate for deposits < 0.1 BTC
- BlockFi has a bitcoin credit card
- If you plan to deposit more than $20.000 YouHodler is not the best choice because they only pay interest on funds equivalents worth up to $20.000
Go to our BlockFi review if you are interested in further information about this service.
Lock Up
N/A
N/A
Min Deposit
$100
N/A
Max Deposit
$20K
Varies
8%
8.75%
3%
N/A
7%
2%
3%
3.5%
3.7%
1%
5.5%
3.5%
YouHodler Review VS NEXO
In the table below, we have summarized YouHodler VS NEXO.
Pros with YouHodler over NEXO
- YouHodler has no loyalty system.
- YouHodler have no native token
- YouHodler has , a high interest rate, as you can see in the table below.
- There is a possibility of getting higher interest rates with NEXO
- NEXO doesn’t have the $20K maximum limit
- NEXO pays daily compounding interest
However, it would help if you held a certain percentage of NEXO tokens. Also, you need to receive your interest payouts in the NEXO token to receive the best interest rates. Read more about NEXO wallet with loyalty levels and interest rates.
Lock Up
N/A
1-3 Months
Min Deposit
$100
N/A
Max Deposit
$20K
N/A
8%
8-12%
3%
3%
7%
4-8%
3%
4-7%
3.7%
4-8%
5.5%
4-8%
N/A
10-16%
5.5%
4-8%
8%
8-12%
YouHodler VS Kucoin Earn and Binance Earn
YouHodler is mainly a crypto borrowing and lending platform with some additional trading and exchange features.
Binance and Kucoin are quite the opposite, mainly crypto exchange and trading platforms with passive earning possibilities.
Still, both Binance Earn and Kucoin Earn are very competitive products and you can find great earning possibilities here as well.
Summary YouHodler Review
YouHodler is an excellent alternative if you are looking to invest between $100 and $20.000.
Since there are no lock-up periods and it is very easy to deposit, it´s just to sign up and test the platform.
