Sign In
Sign Up
DeFinda Logo
Find & Compare DeFi Products
usd logo USD
Home Platforms Binance vs YouHodler

Compare Binance vs YouHodler

vs
Add / Remove Platforms

Definda Score™

The Definda Score is an impartial, objective analysis of platform features.
Staking Yields
5
Loan Rates
4
Established
3
Reviews
9
Risk Management
2
Withdrawals
2
Coverage
10
Support
7
Staking Yields
8
Loan Rates
2
Established
2
Reviews
9
Risk Management
8
Withdrawals
9
Coverage
3
Support
8
Staking Yields
5.4
Staking Yields
8.4
Loan Rates
4.5
Loan Rates
2
Established
3.4
Established
2.3
Reviews
9.4
Reviews
8.9
Risk Management
2
Risk Management
8
Withdrawals
2
Withdrawals
9
Coverage
10
Coverage
3.4
Support
7
Support
8

Pros & Cons

tick The biggest crypto platform in the world
tick Huge array of innovative crypto related services
tick High liquidity exchange offers competitive rates
tick Low maker and taker exchange fees
tick Higher average review rating than YouHodler (94% vs 87%)
tick More reviews than YouHodler (169,027 vs 164 reviews)
tick Higher rating for android phone app than YouHodler (4.7 vs 3.8 stars)
tick Pro exchange marketplace available on Binance but not on YouHodler
tick Peer to peer exchange available on Binance but not on YouHodler
tick Offers corporate accounts but YouHodler doesn't
tick Futures exchange available on Binance but not on YouHodler
tick Has a lower level of insurance than YouHodler
tick Interface supports Bulgarian, Greek, Arabic, Argentinian-Spanish, Latvian, Brazilian-Portuguese, Vietnamese, Portuguese-Portuguese, Swedish, Romanian, Czech, Hebrew, Slovenian, Traditional Chinese, Indonesian, Mexican Spanish, Ukrainian Russian, Hindi, Chilean Spanish, Peruvian Spanish, Colombian Spanish, Filipino and Urdu whereas YouHodler doesn't
tick Very high LTV up to 90% available on loans
tick Innovative Multi-HODL product allows market speculation with savings funds
tick Turbocharge allows highly leveraged speculation on crypto assets with multiple loans on one deposit of collateral
tick You can use NFTs as collateral
tick Higher rating on Trustpilot than Binance (4.3 vs 2.1 stars)
tick Has email support but Binance doesn't
tick Interface supports Korean and German whereas Binance doesn't
cross Headquarters location and license status unclear
cross Fiat withdrawls not available in some countries due to regulatory reasons
cross Not available in USA
cross High loan interest rates
cross Investments in liquidity pools can be higher risk
cross Liquidity pool investments are only suitable for advanced crypto users
Go To Platform
Go To Platform

Withdrawals

Withdrawal Time
Withdrawal Time
Less than 1 hour
Withdrawal Score
Withdrawal Score
9
Withdrawals Experience

Withdrawals Experience

In order to be eligible to make withdrawals you need to have completed the platform Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.

The minimum withdrawal amount for cryptocurrencies is 5 USD and for stablecoins is 50 USD. Most crypto withdrawals do not attract fees, but this does vary by currency.

In our experience withdrawals are very fast, and appear to be automatically processed as soon as the request is made.

Many customer reviews mention how smooth the withdrawal process is.

There is no record of YouHodler ever having frozen withdrawals.

Go To Platform
Go To Platform

Risk

Risk Management Score
Risk Management Score
8
Risk Management

.

Risk Management

YouHodler offers two factor authentication on accounts to increase security against unauthorised access.

Fiat deposits are stored with reputable banks and crypto deposits are stored with Ledger Vault and covered by $150m insurance.

YouHodler is unique in its approach to yield generation. Unlike most other platforms, YouHodler does not lend funds outside of the platform. YouHodler does not invest funds into liquidity pools, DeFi protocols or other high-risk strategies. All yield is generated within the YouHodler platform through interest on loans taken out on the platform and fees charged by the platform.

We were unable to find any independent proof of reserves for YouHodler. Such proof would normally be undertaken by an independent accountant and would verify that the platform holds assets of greater value than customer liabilities (deposits). We hope YouHodler will look to introduce this in the future as it provides significant reassurance that the platform holds sufficient funds to repay all customer deposits if required.

YouHodler does provide a page of interesting stats about the platform. These stats include a chart which compares YouHodler's revenue against interest payments. The chart shows that revenue exceeds interest payments, although in some quarters the revenue has only marginally been higher than interest payments. Nonetheless, the chart provides some reassurance over the liquidity of the YouHodler platform.

YouHodler engages external security consultants to audit the security of the YouHodler platform.

Go To Platform
Go To Platform

Reviews

94% based on 169,027 reviews
87% based on 164 reviews
Go To Platform
Go To Platform

Staking Rates

The table below compares the staking rates for Binance and YouHodler.
Stable Coins
Crypto Currencies
Loading rates ...
Stable Coins
BUSD BUSD
8%
8%
DAI Dai
8%
8%
8%
8%
HUSD HUSD
8%
8%
TUSD TrueUSD
8%
8%
USDC USDC
8%
8%
USDP Pax Dollar
8%
8%
8%
8%
Crypto Currencies
4%
4%
AAVE Aave
6%
6%
ADA Cardano
6%
6%
APE ApeCoin
30%
30%
ATOM Cosmos
3%
3%
AVAX Avalanche
9.5%
9.5%
25%
25%
3%
3%
5.5%
5.5%
BNB BNB
3%
3%
BNT Bancor
3%
3%
4.5%
4.5%
BTC Bitcoin
3%
3%
1.5%
1.5%
7%
7%
COMP Compound
2.5%
2.5%
DASH Dash
5.5%
5.5%
DOGE Dogecoin
3%
3%
DOT Polkadot
9%
9%
EGLD MultiversX
5.5%
5.5%
EOS EOS
5%
5%
ETH Ethereum
4%
4%
FIL Filecoin
3.5%
3.5%
FTM Fantom
4%
4%
FTT FTX Token
4%
4%
GALA Gala
3%
3%
GMT GMT
20%
20%
3%
3%
ILV Illuvium
3%
3%
LINK Chainlink
3.7%
3.7%
LTC Litecoin
5.5%
5.5%
4%
4%
3%
3%
MKR Maker
2.5%
2.5%
7%
7%
3%
3%
PAXG PAX Gold
3%
3%
REP Augur
2.5%
2.5%
3%
3%
SNX Synthetix
6%
6%
SOL Solana
8%
8%
SRM Serum
3%
3%
SUSHI SushiSwap
7%
7%
TRX TRON
7%
7%
UNI Uniswap
7%
7%
XLM Stellar
4.5%
4.5%
XRP XRP
4%
4%
XTZ Tezos
4%
4%
4.5%
4.5%
ZIL Zilliqa
5.5%
5.5%
4.5%
4.5%
Loading rates ...
Go To Platform
Go To Platform

Company

Legal name
Binance UAB
Legal name
Youhodler SA
Year founded
2017
Year founded
2017
Country incorporated in
135
Country incorporated in
222
Headquarters country
135
Headquarters country
222
Platform token
BNB
Platform token
Decentralised
cross No
Decentralised
cross No
Number of employees
4000
Number of employees
11-50
Number of users
29,000,000
Number of users
Total assets under management
$3,000,000,000USD
Total assets under management
Go To Platform
Go To Platform

Products

Savings accounts
tick Yes
Savings accounts
tick Yes
Loans
tick Yes
Loans
tick Yes
Crypto to crypto exchange
tick Yes
Crypto to crypto exchange
tick Yes
Fiat to crypto exchange
tick Yes
Fiat to crypto exchange
tick Yes
Pro exchange marketplace
tick Yes
Pro exchange marketplace
cross No
Peer to peer exchange
tick Yes
Peer to peer exchange
cross No
Margin trading
tick Yes
Margin trading
tick Yes
Corporate accounts
tick Yes
Corporate accounts
cross No
Instantly buy crypto with fiat
tick Yes
Instantly buy crypto with fiat
tick Yes
Integrated crypto wallet
tick Yes
Integrated crypto wallet
tick Yes
Crypto withdrawals to private wallet
tick Yes
Crypto withdrawals to private wallet
tick Yes
Fast account verification
tick Yes
Fast account verification
tick Yes
Futures exchange
tick Yes
Futures exchange
cross No
Go To Platform
Go To Platform

Security

Insurance level
$285,000,000USD
Insurance level
$150,000,000USD
Cold storage
tick Yes
Cold storage
tick Yes
Cold storage custodian
Cold storage custodian
Ledger Vault
Crypto security standard
Crypto security standard
Yes - Level of compliance not clear
Two factor authentication
tick Yes
Two factor authentication
tick Yes
Loan over collateralisation percent
Loan over collateralisation percent
100%+
Credit check
cross No
Credit check
cross No
Go To Platform
Go To Platform

Support

24/7 support
tick Yes
24/7 support
tick Yes
Email support
cross No
Email support
tick Yes
Phone support
cross No
Phone support
cross No
Chat support
tick Yes
Chat support
tick Yes
Go To Platform
Go To Platform

Fees

Maker fee
0%
Maker fee
Taker fee
0%
Taker fee
Exchange fees
Exchange fees
0% exchange fees
Fiat deposit fee
Varies by currency and deposit method. Free for some methods/currencies. Up to 3.5% for others.
Fiat deposit fee
Free, except USD SWIFT (25 USD fee per deposit) and EUR SWIFT (25 EUR fee per deposit)
Fiat withdrawal fee
Varies by currency and deposit method. Free for some methods/currencies. Up to 2.5% for others.
Fiat withdrawal fee
USD (SWIFT) - 5% (min 70 USD), EUR (SEPA) - 5 EUR, EUR (SWIFT) - 55 EUR, GBP/CHF - 0.15% (55 GBP / 55 CHF min)
Crypto deposit fee
tick Free
Crypto deposit fee
tick Free
Withdrawal process
Withdrawal process
Provided you have completed the KYC and AML checks, withdrawals are very fast and smooth. Withdrawal requests are often processed within seconds of the request being made. User reviews repeatedly mention that they are impressed with the withdrawal process.
Crypto withdrawal fee
Varies by currency. 0.0005 BTC for Bitcoin.
Crypto withdrawal fee
Free except BAT (10 BAT), REP (0.2 REP), LINK (0.43 LINK), XRP (0.5 XRP), PAXG (0.002 PAXG), UNI (1 UNI), COMP (0.04 COMP ), MKR (0.01 MKR), ETH (0.003 ETH)
Crypto wallet withdrawal limit
Up to 100 BTC per day for verified accounts
Crypto wallet withdrawal limit
Savings crypto account withdrawal limit
Savings crypto account withdrawal limit
Min withdrawl 10-50 USD in crypto equivalent
Savings fiat account withdrawal limit
Savings fiat account withdrawal limit
Min withdrawl by bank card - 2 USD / 2 EUR, by bank wire - 500 for USD; 50 for EUR; 500 for CHF and GBP
Go To Platform
Go To Platform

Investment Strategy

Liquidity pools
Liquidity pools
cross No
DeFi products
DeFi products
cross No
Unsecured loans
Unsecured loans
cross No
Independent proof of reserves
Independent proof of reserves
cross No
Go To Platform
Go To Platform

Registrations & Regulation

Know your customer
tick Yes
Know your customer
tick Yes
PCI DSS v3.2.1 Level 1
PCI DSS v3.2.1 Level 1
tick Yes
CryptoCurrency Security Standard (CCSS)
CryptoCurrency Security Standard (CCSS)
tick Yes
Cryptovalley Switzerland
Cryptovalley Switzerland
tick Yes
Blockchain Association
Blockchain Association
tick Yes
Go To Platform
Go To Platform

Other Platform Comparisons

Blog Page 1
Blog Page 2
Blog Page 3
Blog Page 4
Crypto Platform News - Uptober 2023
Crypto Platform News - September 2023
Crypto Platform News - August 2023
The Evolution of Monetary Sovereignty in Modern Finance and the Dollar as a Measurement Unit.
Crypto Platform News - July 2023
Crypto Platform News - June 2023
The Top 5 Biggest Crypto Cities and Communities
Responsible Development of AI; Let's be good parents for AI
Crypto Platform News - May 2023
April 2023 Market Review
Crypto Platform News - April 2023
Crypto Platform News - March 2023
March 2023 Market Review
Are cryptocurrencies securities? Is Bitcoin Halal?
February 2023 Market Review
Important Message Definda does not provide any financial advice. All information is provided for research purposes only. DeFi is a rapidly evolving industry. Most businesses in the sector are very young and it is possible that some of them could go out of business in the future. Such an event could result in the loss of your investment. You should do your own research or consult a financial advisor before investing any money. Please read and satisfy yourself with our terms before continuing to use our website. We offer a free impartial comparison service of savings, loans and other DeFi products. We may receive a small commission from some of the companies listed, but this never influences our rankings. If you spot any errors in the information listed then please contact us at info@definda.com.

Why Compare With Definda?

tick Completely Impartial

We always rank and compare products objectively and impartially.

tick Careful Research

We carefully research products for legitimacy before adding them to the platform.

tick We Never Sell Your Data

We never sell or disclose your data to anyone.

© DeFinda 2024
Share Page Using
Twitter
Email
Whatsapp
Facebook
Reddit
LinkedIn