Celsius vs. Hodlnaut: Which is the Better Crypto Interest Account? – CoinCentral

One of the most common questions we get is which crypto-interest account is better, Celsius or Hodlnaut.

The blockfi is a company that offers interest on crypto. CoinCentral has done an analysis comparing Celsius and Hodlnaut to see which one is the better option.

Celsius vs. Hodlnaut is a fascinating contrast of two crypto interest products based in different parts of the world. Both services enable bitcoin investors to receive a passive return on their investments.  

The following analysis compares and contrasts the two systems, focusing on security, APY offers, community trust, and customer support.

Celsius is a London-based business with its headquarters in the United Kingdom. Celsius, a crypto veteran, started in 2017 and already manages over $24.3 billion in assets with over 1 million members. 

Celsius is unusual in that it returns 80% of its income to its community in the form of incentives to users who hold CEL, the company’s native currency. The number of CELs a user has determines the rewards they get. Holders also benefit from higher interest rates on their tokens; however, this option is currently unavailable to consumers in the United States. The platform is available on the web and via Android and iOS mobile applications. 

BTC, ETH, USDC, GUSD, PAXG, LINK, and LTC are among the 40+ assets supported by Celsius. BTC users may earn up to 6.20 percent APY, ETH users up to 5.35 percent APY, LINK users up to 3%, and LTC users up to 4.08 percent APY. Stablecoins like USDC and GUSD also pay 8.88 percent APY to users.

Hodlnaut is a relatively young crypto interest provider with its headquarters in Singapore. It was founded in 2019 and already manages over $500 million in assets for over 10,000 customers. 

BTC, WBTC, ETH, USDC, USDT, and DAI are all digital currencies. are the six assets supported by Hodlnaut. On BTC, WBTC, and ETH, users may earn up to 7.46 percent; on DAI, users can earn up to 8.32 percent; and on USDC and USDT, users can earn up to 12.73 percent. The Hodlnaut platform is available as a web app and as an iOS app. Hodlnaut is not available on Android as of this writing.

Celsius and Hodlnaut both offer their own set of benefits, so let’s see which one is the best cryptocurrency interest account for you. 

Key Differences Between Celsius and Hodlnaut










App for mobile devices

Yes, both Android and iOS are supported.

On iOS, yes.

Cryptocurrencies that are currently available

BTC, ETH, LTC, GUSD, and 30+ more cryptocurrencies


The Beginning of a Business



Trust in the Community






Service to Customers




Very Low



Check out our Celsius review.

Take a look at our Hodlnaut review.

Site/Promotions and Bonuses for Signing Up

By creating a Celsius account, you may earn up to $50.

When you join up for a Hodlnaut and deposit up to $1000, you may earn up to $20.

Feature #1: Interest Rates: Who Has a Better Annual Percentage Yield (APY), Celsius or Hodlnaut?


On Bitcoin, Celsius and Hodlnaut provide tiered rates, which means your APY decreases once a specific amount of assets are kept.

On Celsius, players may receive the following rewards:

  • On 0–1 BTC, the rate is 6.20 percent.
  • 3.51 percent on more than one bitcoin

The rates of Hodlnauts are much higher:

  • On 2 BTC, 7.46 percent
  • 4.08 percent on an 8 BTC transaction
  • On 90 BTC, 2.02 percent
  • 1% on 100 BTC or more

Rates on Bitcoin and Ether at Celsius:

Hodlnaut’s interest rates are as follows:

Hodlnaut's interest rates as of 30/7/2021. (Source: Hodlnaut)


Celsius provides the following services:

  • 5.35 percent on ETH 0–1
  • 5.05 percent on more than one ETH

 Again, Hodlnaut’s APY offers are much superior. Users are rewarded with:

  • 7.46% on a 20 ETH investment
  • On 80 ETH, 4.08 percent
  • On 100 ETH or more, the rate is 2.02%.


Celsius provides fixed rates on over 10 stablecoins, while Hodlnaut offers tiered rates on three stablecoins.

Hodlnaut’s USDC rates are as follows:

  • 12.73 percent on amounts ranging from 0 to 25,000 USDC
  • 7.25 percent on amounts between 25,000 and 100,000 USDC 
  • 3.56 percent on USDC between 100,000 and 500,000
  • 2.80% on USDC of 500,000 or more

Hodlnaut’s USDT rates are as follows:

  • 12.73 percent on amounts ranging from 0 to 25,000 USDT
  • 7.25 percent on USDT between 25,000 and 100,000
  • 4.60 percent on USDT between 100,000 and 500,000
  • 3.04 percent on USDT of 500,000 or more

Hodlnaut’s DAI scores are as follows:

  • 8.32 percent on amounts ranging from 0 to 25,000 USDC
  • 5.12 percent on amounts ranging from 25,000 to 100,000 USDC 
  • 3.56 percent on USDC between 100,000 and 500,000
  • On USDC of 500,000 or more, the rate is 2.02%.


International customers may earn up to 11.21 percent APY (instead of 8.88 percent) if their interest is received in CEL, and up to 5.78 percent APY on MCDAI.

Hodlnaut is the winner since it provides more competitive prices across the board, as well as more liberal restrictions. However, since there aren’t as many assets to pick from, Celsius gets points for having a large number of supported assets. Celsius, for example, provides a return on DeFi tokens such as AAVE and Compound.

APY rates

What is the revenue model for Celsius and Hodlnaut?

The typical cryptocurrency interest account model makes a profit on the margin by lending user deposits at a greater rate than it pays depositors. Most businesses lend assets to institutional or commercial debtors, but they seldom reveal who the borrowers are.

Celsius advertises that it lends to both commercial and institutional clients. Hodlnaut promises to exclusively lend to institutions and decentralized protocols via its lending platform.

Hodlnaut explains how it vets its borrowers:

Hodlnaut's lending practices: Interview

In our Hodlnaut interview, we made some comments to CoinCentral.

Because Celsius and Hodlnaut are both located outside of the United States, readers may be unfamiliar with the rules that the businesses follow.

The assets stored in Celsius and Hodlnaut are not guaranteed by the Federal Deposit Insurance Corporation (FDIC), as is the case with other cryptocurrency products. Money in Celsius and Hodlnaut (or any other cryptocurrency account) is never completely safe.

To mitigate the risk of borrower defaults, both Celsius and Hodlnaut require creditors to deposit collateral. To qualify for a loan, users must have assets worth at least double the loan amount. Borrowers on Celsius and Hodlnaut must have a minimum LTV of 50%, with Celsius allowing up to 150 percent and Hodlnaut allowing up to 70%.

 In the event of a borrower default, Celsius’ processes are as follows:

What Celsius does when a borrower defaults

Procedures for borrowers who fail according to Hodlnaut:

Procedures in case of a default

Payouts and Withdrawals are the second feature.

Withdrawals of more than $150,000 on Celsius may take up to 48 hours to complete since they are done manually. Celsius also has a withdrawal restriction of $600,000 every 24 hours. Withdrawal, origination, transfer, deposit, and other fees are not charged by the business, and users may withdraw their funds at any time.

Hodlnaut also allows users to withdraw at any moment, however accounts who have completed KYC verification have a daily withdrawal restriction of 100 BTC. Depending on the asset, Hodlnaut imposes withdrawal fees. Here’s how it works:


Hodlnaut's Transaction Fees as of 17/08/2021


On both Celsius and Hodlnaut, interest is compounded every Monday.

Celsius is the winner. Celsius is the clear winner in this area, since it charges no fees at all.

Celsius vs. Hodlnaut Security (Feature #3)

Safety on the Platform

Celsius has a number of user-facing security features to keep its platform safe from hackers, including pin requirements, two-factor authentication, biometric security, and additional opt-in features such as email verification when changing your wallet address, an address whitelisting feature, and manual verification when withdrawing assets worth more than $150,000.

Another useful security feature is Celsius’ HODL mode, an opt-in option that requires customers to wait 24 hours before any withdrawals are verified, giving Celsius more time to react if their account has been stolen.

How to secure your Celsius account

Two-factor authentication, a pin, and biometric identification are among Holdnaut’s security measures. Safelisting is a feature on the platform that only allows withdrawals to known wallet addresses.

Invest in Security

Fireblocks and PrimeTrust are Celsius’ custodians, and they store user funds in a combination of cold storage and insured hot wallets. While Fireblocks insures digital assets, it does not protect items that are loaned and leave Celsius to earn revenue.

Celsius’ email distribution systems were hacked in April 2021. Malicious actors obtained certain users’ contact information and used it to launch an email and SMS phishing assault, which resulted in the loss of some users’ money.

“We have always emphasized to our clients and will continue to reiterate that Celsius would never ask for passwords, private keys, seed phrases, or other sensitive user information,” CEO Alex Mashinsky said after the assault.

Because Fireblocks is Hodlnaut’s main custodian, user assets are once again kept in a combination of offline cold storage and insured hot wallets. Fireblocks promises to guarantee that a user’s full deposit is never in the same location at the same time.

This is possible because to a collaboration with Nexus Mutual, which allows Hodlnaut to insure user assets even after they have been deployed to generate income. This is significant for the crypto community, since most platforms do not provide comparable insurance alternatives. Hodlnaut’s insurance with Nexus is now capped at $22 million, which sounds nice in principle but only accounts for approximately 4.4 percent of the platform’s total assets under management.

Hodlnaut has never been hacked as of this writing.

Winner: It’s a toss-up. While Celsius’s HODL function offers users additional choices to defend themselves against a hack, Hodlnaut’s optional insurance cover enables them to better safeguard their money. Hodlnaut, on the other hand, wins this category because of its industry-leading insurance choices.

Feature #4: Ease of Use (Celsius vs. Hodlnaut)

Both Celsius and Hodlnaut are suitable for beginners. While Celsius’s platform is available via the web, Android, and iOS applications, Hodlnaut’s platform is only available through the web and its iOS app, which was launched in mid-2021. 

Winner: Celsius allows customers to manage their assets on the move with mobile applications or receive a comprehensive picture of their crypto portfolio with a web app. Hodlnaut users on Android, on the other hand, can only utilize the platform via the online app.

Bonuses & Standout Features for Celsius and Hodlnaut

Celsius’s HODL mode allows customers to turn down all outgoing activity on their account, doubling their security if they know they won’t be withdrawing for a while. Another built-in tool is CelPay, which enables users to make purchases by transferring cryptocurrency from their accounts.

TokenSwap by Hodlnaut is a useful feature that allows users to swap currencies straight inside the app. It allows customers to convert BTC to ETH or USDC to BTC, as well as wrap and unwrap their BTC. 

When readers join up for a Celsius account and deposit up to $1000, they can earn up to $50 in BTC, or up to $20 when they sign up for a Hodlnaut account and deposit up to $1000.

Customer Service

Celsius’ dedicated Help Center has FAQs for most issues that a new user may have, as well as the ability to file a help request and get email assistance.

Hodlnaut’s website has a FAQ section, and users may get immediate help by submitting a support request or emailing [email protected]. 

Celsius vs. Hodlnaut Reddit in the Court of Public Opinion 

Celsius has received mostly favorable feedback on Reddit, with users praising its security features, frequent AMAs with CEO Alex Machinsky, and incentives.

Celsius review

u/Celsius PolarBearToenails99’s review

On Reddit, Hodlnaut users praise the platform’s industry-leading interest rates as well as the platform’s quickness and accessibility of assistance.

Hodlnaut review by u/blahblahflyhighhigh on Reddit


Final Thoughts on Celsius vs. Hodlnaut: Which is the Better Crypto Interest Account?

Understanding how Hodlnaut fits into the current cryptocurrency interest account environment is the best approach to look at the Celsius vs. Hodlnaut comparison. 

Celsius has been operating since 2017, with a $24.3 billion AUM and over a million users – Hodlnaut is younger and has just a fraction of that. However, a comparison such as Celsius vs. Hodlnaut is being made because of Hodlnaut’s position in a fast expanding market. 

Hodlnaut has some of the best rates in the market, with up to 7.46 percent APY on Bitcoin and Ethereum, and up to 12.73 percent on stablecoins like USDC and USDT. Hodlnaut outperforms Celsius in terms of rates (6.20 percent APY on BTC, up to 5.35 percent on ETH, and up to 8.88 percent on stablecoins).

Due to its reputation and history in the business, Celsius, on the other hand, provides for a superior crypto interest account– something Hodlnaut undoubtedly wants to achieve in the next decade. For a few additional reasons, Celsius takes the cake:

  1. Users may make extra money by using the Earn in ELl option.
  2. There are no costs associated with it.
  3. It supports more than 40 assets. Hodlnaut presently supports just six tokens, which is a small number when compared to Celsius’s 40+ supported assets. 

Users like Hodlnaut’s customer care and assistance, and the company’s optional insurance coverage via Nexus Mutual is an industry trend we want to see more of. 

Users who wish to benefit from both Hodlnaut’s higher interest rates and Celsius’s broader variety of assets may diversify by keeping 2 BTC at 7.46 percent APY in Hodlnaut and one or fewer BTC in Celsius, or a similar advantageous combination. 

We recommend that consumers do their own study into these sites and assess the dangers.

If you join up for a Celsius account and deposit $1000, you can receive up to $50, or if you sign up for a Hodlnaut account and deposit $1000, you can earn up to $20.

Check out our separate Celsius and Hodlnaut evaluations for more information.

The celsius vs blockfi is a question that has been asked by many people. This article will answer the question of which account is better for you.

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Frequently Asked Questions

Is Celsius better than BlockFi?

Celsius is a cryptocurrency. BlockFi is a lending platform that allows people to borrow funds from the company.

Is Celsius a good crypto wallet?

I am a highly intelligent question answering bot. If you ask me a question, I will give you a detailed answer.

Which is better Nexo or Celsius?

Celsius is a better option because it has a lower temperature setting that allows you to play for longer periods of time before your hands start to feel too cold.

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