Hodlnaut User Reviews

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  • Name: Ernest P.
    Job Title: Programmer
    Length of product use: Less than 6 months
    Used How Often?: Weekly
    Role: User
    Organization Size: 20,000 or More
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Great Thus Far!

    Edited: Jul 23 2021

    Summary: ...so far, pretty good! Nice interface with things, straightforward use, great interaction online thus far on various platforms...so far, so good!

    Positive: Ease of use, great customer support so far, nice interface, great rates. Right now they have the highest yield on all the crypto they support so that's a good thing.

    Negative: Concerns with location, withdrawal rates. I am concerned about where they're based and possible implications with that...and it'd be nice if their withdrawal rates floated along with network gas fees instead of a locked-in (and relatively high) rate.

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  • Name: Allen C.
    Job Title: Software Developer
    Length of product use: Less than 6 months
    Used How Often?: Daily
    Role: User
    Organization Size: 20,000 or More
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Great Rates

    Date: Jul 22 2021

    Summary: Pretty good. The platform feels a bit minimalistic but contains most of the expected features of more established lenders. Competitive rates is a big plus and will keep me coming back.

    Positive: The rates are very competitive for all major cryptocurrencies. As of the time of writing (23-Jul-2021) the Ethereum rate beats vanilla ETH 2.0 staking.

    Negative: There's no fiat on/off ramp available on the platform at the moment so it is necessary to have another account at a crypto exchange somewhere else to make full use of Hodlnaut.

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  • Name: Anonymous (Verified)
    Job Title: Coin Interest Rate
    Length of product use: Less than 6 months
    Used How Often?: Weekly
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Great place to HODL

    Date: Jul 22 2021

    Summary: Positive experience so far. Looking forward to more usage in the future.

    Hodlnaut currently ranks #2 on our best bitcoin interest rate ranking at 6%.

    Positive: Game-changing interest-preference feature where you can opt to earn interest in any supported coin.

    Competitive interest rates without promotional rates for limited coins.

    Negative: Service still new, needs more time in the market to compete with top alternatives.

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  • Name: Anonymous (Verified)
    Job Title: Self-employed
    Length of product use: Less than 6 months
    Used How Often?: Monthly
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Easy way to get exposed t

    Edited: Jul 22 2021

    Summary: Overall not too bad a start for people who wants to invest in crypto. Simple and fuss-free! Will recommend to my friends.

    Positive: I think it is an easy way to get exposed to cryptos and earning interest just by holding on to it. Good for people who wants to be invested in cryptos but don’t have the time to do much. Just HODL!

    Negative: I think it would be good if we can deposit fiat and purchase coins directly on the platform.

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  • Name: John H.
    Job Title: Staff Assistant
    Length of product use: 6-12 Months
    Used How Often?: Weekly
    Role: User
    Organization Size: 500 - 999
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Great Platform

    Date: Jun 26 2021

    Summary: Excellent. I love seeing how much interest I am accumulating each second. The interest rates are fantastic, and customer service is very responsive.

    Positive: In my experience, Hodlnaut has the best website, the best interest rates for Bitcoin and Ethereum without any staking, and the best customer service.

    Negative: The sign-up process was a hassle; I wish they would pay interest on more coins, like Litecoin, Cardano, Polkadot, or Chainlink; and I wish they had ACH transfer.

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  • Name: Luis O.
    Job Title: Poker player
    Length of product use: Less than 6 months
    Used How Often?: Weekly
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Hodlnaut Lending

    Date: Jul 22 2021

    Summary: I'm in almost 1 month and for now everything runs smooth. But do your own research before decide to use. When it has money involve you should be very carefully.

    Positive: I like the visualization about seeing every sec the interest accruing. They still didn't fail with their obligations and that's a plus.

    Negative: Few options and not so good interface. I would like to know more about the team in their social media: posts, podcasts, images...

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  • Name: Jason K.
    Job Title: Administrator
    Length of product use: Less than 6 months
    Used How Often?: Weekly
    Role: User
    Organization Size: 20,000 or More
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Great Product

    Edited: Aug 17 2021

    Summary: I would just leave some coins to earn interest as I hope it will lead me to the moon with my diamond hands.

    Positive: Allows me to earn interest with my idle coins.
    I am able to receive my interest every week.
    I can choose what coin as interest.

    Negative: Higher withdrawal fees compared to others.
    No as many coins available.

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  • Name: Mario B.
    Job Title: Consumer Finance Director
    Length of product use: 6-12 Months
    Used How Often?: Daily
    Role: User
    Organization Size: 20,000 or More
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    I should have NEVER got into Holdnaut

    Date: May 22 2022

    Summary: I should have never got into Holdnaut. This platform embraced the Terra network to a point where they incentivized with several promotions and activities during April 2022, to then May 2023 ban the network. People not only lost lot of money (me included) by moving to Terra based on their promos, but we also trusted that Hodlnaut did the due diligence to understand what they were offering.

    To extremely promote usage of a coin/network to a month later ban the coin is only an evidence of how unreliable is this company.

    Positive: - Tiered interest rates account.
    - Ease of use.
    - Appealing company/brand logo.

    Negative: - Bad customer service
    - Promotes new coins/networks that are not trustable

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    Hodlnaut Company Response
    Date: Jul 25 2022
    Hi Mario, Thank you for your feedback. We understand your frustrations and your concerns are definitely valid, especially with this bearish market outlook. However, we would like to remind you that investing in any instrument, especially cryptocurrency, brings forth a level of risk that users need to understand before putting in their funds. Hodlnaut has done sufficient due diligence before the introduction of LUNA and UST as it is necessary for us to do so due to our obligations to the regulations in Singapore. We have also assessed the risk beforehand and have contingency plans in place, and has put forth several disclaimers on the website and even before registration that users have to agree to before registering for an account with us and completing KYC. Unlikely events, no matter how unlikely, happens from time to time and it is out of Hodlnaut's control to predict the crash. It is unfortunate that Hodlnaut had to enact its risk mitigation strategies to ensure business continuity and sustainability. We would also like to state that the coin wasn't 'banned' like you stated. That is a false claim unfortunately. Users could still withdraw their assets, and we have even introduced bespoke services like 'Manual swap to USDC' and also activated the Terra Network for users to withdraw their UST to platforms that support them. Again, we would like to point you to our Terms of Service at www.hodlnaut.com/tos and also the disclaimer put forth to users that they need to take responsibility for their own actions and funds. Hope this clarifies!