Hodlnaut Review

Hodlnaut Review: 3-months with the high yield service (plus bonus referral code)

Hodlanut is a growing crypto interest account platform that supports many top cryptocurrencies, and offers very good interest rates. We've been using Hodlnaut for about 3 months, and wanted to give our thoughts and impressions of the upcoming platform and why you should consider using it as part of your crypto journey.

In a rush? Grab this Hodlnaut referral code

Hodlnaut referral code: Get $20 USD bonus when you deposit $1000 USD
Use referral code during signup: so2Dfnaf2

Hodlnaut is available worldwide, offers compounding interest and pays out weekly on Monday.

There are no deposit lockup terms, but their are withdrawal fees if you decide to move your funds out from Hodlnaut. These fees are nominal, but as they say in their name, it's a platform for Hodlers, so it's most beneficial for parking your crypto for medium to long term windows to maximize your returns.

Hodlnaut mobile app with night mode turned on

As you can see, the home screen (wallet tab) on the mobile app is eye pleasing and shows your balances at a quick glance. The pending interest payout bar is also up front and center, showing the amount of interest you are owed and will be paid on Monday. Below that, values and amounts of crypto deposited to the platform is shown.

Other tabs available along the bottom are deposit, swaps, transactions and profile/settings.

What coins does Hodlnaut support?

  • Bitcoin
  • Ethereum
  • USDC (Circle)
  • USDT (Tether)
  • DAI
  • WBTC (Wrapped Bitcoin)

Earning interest in another coin

Interest Payout Preference

Hodlnaut was one of the first (if not the first) platform to offer users to opt-in to earning their rewards in a different coin. This feature is called "payout preference" in the app or website. We used this to generate ETH on BTC as a way to grow our ETH holdings. This could be done in any supported combo you prefer. Have plenty of ETH but need BTC? You can absolutely do that.

About the Hodlnaut app and website

The website and app are generally easy to use. Hodlnaut is a fairly simple platform, focusing on a few core features instead of trying to be a complex trading tool. It allows for deposits, withdrawals and a few user based preference options. One nice feature is the real time number of pending interest earned. It's fun to watch the amount increase in real time knowing that the payout is coming on Monday.

View in options

We also like that you can easily switch "view in" between USD values, international currency and native coin values. Some platforms don't do this, but Hodlnaut makes it easy to switch around.

About tiering

In the mid-summer, Hodlnaut introduced tiered rates for coins. While we originally were upset with this decision (and Hodlnaut's ranking on our site dropped significantly), we understand this is a direction many cefi platforms are taking to help incentive and reward small crypto users over whales. However, this does make those with balances that exceed these tiers to actively balance and manage these funds to maximize their yield. We are working on new resources to help make this process easy for everyone, but simply staying on top of the interest rates as they change, and knowing what the current tiers are will get you there, just with a little bit of extra research.

Custody cover

An insurance for your funds under Hodlnaut's custody, these polices can be purchased in the app with crypto and can help give you piece of mind for making large deposits. This is one of the first crypto interest account platforms to have an active and available insurance program to help protect your individual deposits.

This program is offered only in ETH amounts (but can insure any deposited coins - just paid and valued in ETH), is valid for 30-90 day periods, and comes from a third-party called iTrust.

We did not test this functionality, but applaud Hodlnaut for offering it, but we'd like to see a tighter integration with your current funds (instead of guessing how much in ETH you'd need to protect your deposits, just offer the policy with 1 or 2 clicks). We also think the cost is prohibitive, losing most if not all of your interest gains paying for the insurance policy.

In-app swaps

Hodlnaut does have in-app swap functionality for supported coins. While we didn't test the feature, we imagine it would be useful for some. All supported coins are available for swaps.

#4 for stablecoins

Currently, Hodlnaut ranks #4 on our site for best max interest rate for stablecoins (meaning the maximum interest rate you can earn if you meet the requirements or are under the tier).

Final thoughts and scoring

Interest rates 4/5
Ease of use 5/5
Features 4/5
App design and experience 4/5

Overall, Hodlnaut is a very good option for Hodlers and yield seekers. The app is simple, easy to use and has good features that not all alternatives have. It is also available globally with few restrictions. We highly recommend funding a Hodlnaut account to the first tier (i.e. first 2 BTC, first 20 ETH) of any assets you have, and to consider alternative platforms for any remainder coins you have.

Hodlnaut referral code: Get $20 USD bonus when you deposit $1000 USD
Use referral code during signup: so2Dfnaf2

Learn more about Hodlnaut's current interest rates or sign up today. Using the bonus/referral code above will get you an extra $20 dollars.


Haru Invest app launch and promo bonus (up to $3000)

UPDATE: This promo has now expired, but you can still use the bonus interest rate below!

Celebrating the launch of their iOS and Android app, Haru Invest has announced a spicy bonus program to encourage new deposits on their interest account platform!

Haru currently tops our Bitcoin interest rate rankings, and the new app is a pleasure to use in our review. Simple, easy to use and clean graphics make earning yield that much more enjoyable.

Here's how to earn these bonuses on the new Haru app.

Reward in BTC Deposit Required
$3,000 2 BTC / 30 ETH / 100,000 USDT
$1,250 1 BTC / 15 ETH / 50,000 USDT
$800 0.6 BTC / 9 ETH / 30,000 USDT
$250 0.2 BTC / 3 ETH / 10,000 USDT
$50 0.02 BTC / 0.3 ETH / 1,000 USDT
Haru bonuses

New to Haru?

Create your account today with referral code: coininterestrate to earn a bonus .2% interest for the life of your Haru account.

These deposits need to be held for at least 90 days, as part of Haru's Earn Plus or Earn Explore program.

  • 90 days on Haru Earn Plus
  • or 3 months on Haru Earn Explore

These bonuses are paid in addition to the interest you will earn in those 90 day/3 month period, making this an especially good deal to make a qualifying deposit to the platform.

App launch promo instructions

Log into the Haru app, deposit and lock-up your supported crypto between Aug. 24 to Sept. 6, 2021 to earn your bonus BTC.

Haru promotion rules (the fine print)

Sign up for Haru Invest today.


dark green and light green dots on green background

How (and why) to earn compounding interest with crypto

How do you earn compounding interest with crypto (ie bitcoin or ether)?

Simply put, the way to earn compounding interest it to ensure your interest savings account does actually earn compounding interest. Do not assume that this is the case, as you might be earning out on large, long term interest gains.

Coin Interest Rate now lists compounding interest on each interest account platform listed on our site. If a platform/account offers it, we say so on the page. If not, we say it doesn't.

So, why is this important?

You don't have to have an MBA or a degree in finance to understand how compounding interest will help grow your assets. Compounding interest means that you earn additional interest on the base amount plus the interest you have earned over time.

Long story short, prefer platforms/interest accounts that are giving you compounding interest. Over the long haul, you'll really see the difference.


coin interest rate circle design block in red and purple

BTC interest, how to earn

Earning BTC interest, or yielding crypto on crypto. How is this possible?

You earn bitcoin interest by lending your bitcoin out. Depositing BTC into a secure platform, such as Celsius Network or Voyager, gives them access to lend out your bitcoin in the form of loans to their customers. They then charge those customers an interest rate, and share the returns with you. This is where the yield comes from.

The customers might be institutional or retail. The loans might be large or might be small. They might be used to purchase a large item, like a person loan. There's a million reasons why people or businesses take loans. All that matters is that you are rewarded for lending out your assets in interest, and platforms need your Bitcoin to be able to lend it out.

Lockup periods

Something to watch out for when using a lending platform to earn BTC interest, is the lockup or cool-down periods. In order to make profit from your deposited funds, the platform or service needs to give it to other customers under a loan term. Some platforms allow you to remove funds at any time, while others give you an improved interest rate for keeping funds in a wallet for longer periods of time (such as 1 or 2 months). This is a key difference between Celsius Network and Blockfi, for example.

BTC Interest Accounts act like Staking, but aren't

Earning interest is a lot like Staking. Staking is another method of generating yield, and is native to certain tokens. However, Bitcoin does not offer staking as part of its protocol. ETH 2.0 will use staking to reward it's holders, without having to lend their ETH out or using defi apps.

Interest accounts bring staking like rewards to coins that otherwise do not support it natively.


Coin Interest Rate logo - dots in light gray to white gradient

Why interest is the killer app in crypto

The reason we created Coin Interest Rate is that we believe interest is the true killer app for crypto.

Set aside its amazing performance as a new asset class, or the price appreciation, or the revolutionary underlying technology. And even ignoring all the current use-cases, institutional adoption, and future potential that we can't even fathom today.

Interest is the killer app.

It's the killer app for HODLers, it's the killer app for new users coming from traditional finance. It's the killer app for institutions and family offices. Combine the other amazing qualities of crypto as an asset class, and it's easy to understand why.

And interest comes from an ever-expanding array of methods. Defi has hundreds of automated market makers, generating yield from smart contracts. Cefi has smart money managers working on behalf of clients to find yield. With new platforms and coins focused on this, it's easy to see this market will continue to expand and grow.

But, all of these services and methods lead to confusion and a large and growing competitive marketplace that can be difficult to stay on top of and get the most current interest rates. That's where we come in.

Incentives, awards, yield, whatever you want to call it. We believe interest is the killer app for cryptocurrencies, now and certainly in the future.

Our site is focused on building the tools and resources so you can find who has the best interest rates, so you can decide on what is the best service for you.


coin interest rate circle design block in green and yellow

What is APY?

APY stands for Annual Percentage Yield and is the projected rate of return for holding/lending crypto assets in supported wallets. It is important to note that APY includes compounding interest.

The APY for crypto assets is variable and fluctuates based on supply and demand for each coin and varies on each service (or wallet). Market dynamics can impact APY rate changes, so APY isn't often a great determining factor over the entire course of a year, as it can change monthly, or even weekly, depending on the service.

Annual Percentage Yield (APY) takes into account compounding interest, but Annual Percentage Rate (APR) does not.

What crypto wallets support compounding interest?

Great question, and luckily the answer is many! Check our Coin Interest Rate rankings.