I got to know about Hodlnaut from a friend of mine and he told me that I can use my idle crypto assets to earn interest.

After reading up about Hodlnaut and their services, I decided to try depositing my Bitcoin and Ether on their platform and see how it goes.

In this post, I will share how’s my experience using it and how you can do the same too!

What is Hodlnaut?

Hodlnaut is a platform that allows cryptocurrency investors to earn interest on their crypto holdings by lending them to vetted institutions. Investors just need to deposit their assets to Hodlnaut to start automatically earn interest on a weekly basis.

My assets in Hodlnaut

I mainly put all my Bitcoin and Ethereum assets with Hodlnaut as they provide the highest interest rate across other lending platforms. On top of that, I can withdraw out anytime I want to with no lock in period. This will extremely important to me as the market is very volatile and selling at the right time is very crucial. I need that flexibility to withdraw out to the exchange platform anytime I want to.

Deposit & withdrawal

The deposit and withdrawal are fairly straightforward like other crypto platforms. There is no minimum deposit amount as well. However, they do charge a withdrawal fee that is slightly more expensive than other crypto platforms. So it will only make money sense if you are planning to hold long term with Hodlnaut.

User experience

They recently launched their iOS app and using both the website and app are very easy. You also have the option to view your assets in various currency so I can see my total holdings in USD or SGD.

Their app looks really promising and I get the impression that they have more plans lining up to launch on their mobile apps.

Conclusion

It is worth considering putting your crypto assets with Hodlnaut to diversify the risk of putting all your eggs in 1 basket. And given their high interest rates, it is worth trying it out.

If you are new to Hodlnaut, you can consider using this referral link to get free US$20 signup bonus if you deposit US$1000 worth of assets.