Hodlnaut vs. Nexo weighs the advantages and disadvantages in between a recognized crypto interest account giant and an upstart item acquiring quick market traction.
Hodlnaut is a crypto interest service provider running out of Singapore. Released in 2019, the business supports 6 possessions and is backed by a single financier, with just about $100 k in financing. Hodlnaut has more than $500 million in properties under management and over 10,000 users.
Nexo is a London-based cryptocurrency platform that introduced in2017 The business includes a suite of items in addition to its interest account: a cryptocurrency exchange, crypto-backed loan service, card, and token. Nexo provides U.S. users 10%APY for stablecoins and 6%APY for BTC and ETH. International Nexo (outside the U.S.) can select to make their benefits in the business’s native token, NEXO, for a two-percent interest boost throughout the board.
Nexo has $525 million in financing, over 2 million users, and $15 billion in possessions under management (AUM). The business uses interest on both crypto and fiat, supporting over 23 coins and 40 fiat currencies (the fiat function is just readily available for global users.)
Hodlnaut provides its users approximately 12.73%APY on stablecoins, and approximately 7.46%APY on Bitcoin and Ether.
So, which is the much better crypto interest represent you? Let’s check out.
Hodlnaut vs. Nexo Key Information
Item |
Hodlnaut |
Nexo |
Location |
Singapore |
London |
Beginner-Friendly |
Yes |
Yes |
Mobile App |
Yes, on iOS. Coming on Android in late October 2021. |
Yes, on Android and iOS |
Available Cryptocurrencies |
BTC, ETH, WBTC, USDC, USDT, DAI |
BTC, ETH, WBTC, USDC, USDT, DAI |
Company Launch |
2019 |
2019 |
Community Trust |
Great |
Good |
Security |
Great |
Great |
Customer Support |
Good |
Good |
Fees |
Low |
Low |
Reviews |
Read our Hodlnaut evaluation |
Read our Nexo evaluation |
Site/Promotions and Signup Bonuses |
Earn approximately $20 when you register for a Hodlnaut and deposit as much as $1000 |
Get $10 when registering and transferring $100 or more on Nexo. |
Feature # 1: Interest Rates– Who Has Higher Interest, Hodlnaut or Nexo?
Bitcoin
Hodlnaut provides tiered rates on Bitcoin:
- 7.46%on