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

Compare Coinloan vs YouHodler

vs
Add / Remove Platforms

Definda Score™

The Definda Score is an impartial, objective analysis of platform features.
Staking Yields
3
Loan Rates
6
Established
2
Reviews
9
Risk Management
8
Withdrawals
6
Coverage
2
Support
10
Staking Yields
9
Loan Rates
2
Established
2
Reviews
9
Risk Management
8
Withdrawals
9
Coverage
3
Support
8
Staking Yields
3.2
Staking Yields
8.5
Loan Rates
6.4
Loan Rates
2
Established
2.3
Established
2.3
Reviews
8.7
Reviews
9.1
Risk Management
8
Risk Management
8
Withdrawals
6
Withdrawals
9
Coverage
2.3
Coverage
2.9
Support
10
Support
8

Pros & Cons

tick High LTV of up to 70% available on loans
tick High savings account interest rates
tick Daily compound interest
tick All savings accounts are instant access
tick Full transparency on company location and regulation status
tick No hidden fees
tick Simple and intuitive web and phone app
tick No credit checks
tick Russian and German language versions
tick More reviews than YouHodler (867 vs 166 reviews)
tick Offers corporate accounts but YouHodler doesn't
tick Has phone support but 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 average review rating than Coinloan, but based on fewer reviews (91% vs 87%)
tick Higher rating for android phone app than Coinloan (4.2 vs 3.9 stars)
tick Higher rating on Trustpilot than Coinloan (4.3 vs 4.1 stars)
tick Quicker time to withdraw crypto than than Coinloan (Under 1 hour vs 24 hours)
tick Has a lower level of insurance than Coinloan
tick Interface supports French, Korean, Japanese, Turkish, Polish, Spanish, Simplified Chinese and Italian whereas Coinloan doesn't
Earnings Rates
tick Coinloan will pay interest on 3 fiat currency deposits not offered by YouHodler:
Pounds Sterling (GBP)
Euros (EUR)
Russian Ruble (RUB)
More ...
tick Coinloan has a higher base earnings rate for 6 stable coins:
Binance USD (BUSD) (12.3% vs 8%)
Dai (DAI) (12.3% vs 8%)
Tether (USDT) (12.3% vs 8%)
Pax Dollar (USDP) (12.3% vs 8%)
USD Coin (USDC) (12.3% vs 8%)
TrueUSD (TUSD) (12.3% vs 8%)
More ...
3 more earnings rates pros ...
cross Withdrawls from savings account are not instant. They are processed daily at 14:00 UTC.
cross Funds must be manually moved from wallet to interest account to start earning interest
cross Savings account interest calculated daily but only paid out monthly
cross Low LTV required to get the best loan rates
cross 1% loan setup fee (0.5% if paid in CLT)
cross No loans in USD available
cross High LTV of up to 70% could put savers at risk in the event of a crypto crash
cross Not available in USA
cross High loan interest rates
Go To Platform
Go To Platform

Withdrawals

Withdrawal Time
24 hours
Withdrawal Time
Less than 1 hour
Withdrawal Score
6
Withdrawal Score
9
Withdrawals Experience

If your funds are invested in a Coinloan savings account and you want to withdraw them from the platform you must first make a withdrawal request from the savings account back to to your Coinloan wallet. These withdrawals from savings accounts are not instant. Savings account withdrawals are processed every day at 14:00 UTC. This means you could be waiting up to 24 hours for your withdrawal request to be actioned.

Once funds have been returned to your Coinloan crypto wallet you can then apply for these funds to be withdrawn from the platform altogether. These withdrawals are normally completed swiftly. In our tests they were completed in under an hour.

Fiat withdrawals from Coinloan are processed during business hours only and may take up to 24 hours to be processed. From the time of processing it could take up to 3 further business days for the funds to clear the banking system and arrive in your bank account.

Minimum withdrawal amounts apply, which are around $50 USD for most cryptocurrencies, 10 EUR for SEPA fiat transfers and 5,000 EUR for fiat swift transfers. There is also a maximum daily withdrawal limit of $500k USD for all currencies. You can request for this withdrawal limit to be increased.

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
8
Risk Management Score
8
Risk Management

On the technical security front, Coinloan employs the usual two factor authentication 2FA approach to account security, which makes accessing an individual account extremely difficult without also being in possession of the 2FA device. In addition to this, Coinloan have employed Blaze to undertake a third party security audit of Coinloan to check for potential vulnerabilities. Blaze were "very impressed with CoinLoan’s initial security standards", and have proposed further enhancements to the security of the platform. Coinloan do appear to be committed to maintaining a high level of technical security on their platform.

Coinloan adopt a conservative, risk adverse strategy to investing funds in order to generate yield. They state that they adopt market neutral investment strategies that do not depend on the overall price trend of the market. Such strategies would include arbitrage and spread trading. Such strategies are good news for depositors as it makes the platform less susceptible to liquidity issues, when a platform can be unable to repay to depositors because too much money is tied up in loans.

Coinloan categorically state that they do not invest in DeFi protocols as they see them as too risky and all loans are fully collateralised. This collateral can be used to repay the loan in the event of a default by the borrower. They also state they avoid futures orders and other financial products that may lead to margin calls or position liquidation.

Some crypto platforms have employed third party auditors to verify their financial reserves. This proof of reserves provides reassurance to the depositors that funds are available if they need to make a withdrawal. Coinloan do not currently provide proof of reserves.

Coinloan have provided further details on their investment strategy in a detailed blog post. The transparency displayed is reassuring.

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

87% based on 867 reviews
91% based on 166 reviews
Go To Platform
Go To Platform

Earnings Rates

The table below compares the earnings rates for Coinloan and YouHodler. Enter the amount you intend to deposit to get a more detailed comparison.
DeFi
Fiat Currencies
EUR Euros
10.6% APY
10.6% APY
GBP Pounds Sterling
10.6% APY
10.6% APY
RUB Russian Ruble
8.6% APY
8.6% APY
Stable Coins
10.4% APY
10.4% APY
DAI Dai
10.4% APY
10.4% APY
TUSD TrueUSD
10.6% APY
10.6% APY
USDC USD Coin
10.6% APY
10.6% APY
USDP Pax Dollar
10.6% APY
10.6% APY
USDT Tether
12.3% APY
12.3% APY
Crypto Currencies
ADA Cardano
7.3% APY
7.3% APY
5.3% APY
5.3% APY
BNB BNB
7.3% APY
7.3% APY
BTC Bitcoin
5.3% APY
5.3% APY
DOT Polkadot
5.5% APY
5.5% APY
ETH Ethereum
5.3% APY
5.3% APY
LINK Chainlink
5.5% APY
5.5% APY
LTC Litecoin
5.3% APY
5.3% APY
MKR Maker
5.5% APY
5.5% APY
PAXG PAX Gold
5.3% APY
5.3% APY
SOL Solana
7.3% APY
7.3% APY
5.5% APY
5.5% APY
XLM Stellar
5.5% APY
5.5% APY
XMR Monero
3.3% APY
3.3% APY
XRP XRP
5.5% APY
5.5% APY
Loading rates ...
Fiat Currencies
Stable Coins
8% APR
8% APR
DAI Dai
8% APR
8% APR
8% APR
8% APR
HUSD HUSD
8% APR
8% APR
TUSD TrueUSD
8% APR
8% APR
USDC USD Coin
8% APR
8% APR
USDP Pax Dollar
8% APR
8% APR
USDT Tether
8% APR
8% APR
Crypto Currencies
4% APR
4% APR
AAVE Aave
6% APR
6% APR
ADA Cardano
6% APR
6% APR
APE ApeCoin
30% APR
30% APR
ATOM Cosmos
3% APR
3% APR
AVAX Avalanche
9.5% APR
9.5% APR
25% APR
25% APR
3% APR
3% APR
5.5% APR
5.5% APR
BNB BNB
3% APR
3% APR
BNT Bancor
3% APR
3% APR
4.5% APR
4.5% APR
BTC Bitcoin
3% APR
3% APR
1.5% APR
1.5% APR
7% APR
7% APR
COMP Compound
2.5% APR
2.5% APR
DASH Dash
5.5% APR
5.5% APR
DOGE Dogecoin
3% APR
3% APR
DOT Polkadot
9% APR
9% APR
EGLD MultiversX
5.5% APR
5.5% APR
EOS EOS
5% APR
5% APR
ETH Ethereum
4% APR
4% APR
FIL Filecoin
3.5% APR
3.5% APR
FTM Fantom
4% APR
4% APR
FTT FTX Token
4% APR
4% APR
GALA Gala
3% APR
3% APR
GMT STEPN
20% APR
20% APR
3% APR
3% APR
ILV Illuvium
3% APR
3% APR
LINK Chainlink
3.7% APR
3.7% APR
LTC Litecoin
5.5% APR
5.5% APR
4% APR
4% APR
3% APR
3% APR
MKR Maker
2.5% APR
2.5% APR
7% APR
7% APR
3% APR
3% APR
PAXG PAX Gold
3% APR
3% APR
REP Augur
2.5% APR
2.5% APR
3% APR
3% APR
SNX Synthetix
6% APR
6% APR
SOL Solana
8% APR
8% APR
SRM Serum
3% APR
3% APR
SUSHI SushiSwap
7% APR
7% APR
TRX TRON
7% APR
7% APR
UNI Uniswap
7% APR
7% APR
XLM Stellar
4.5% APR
4.5% APR
XRP XRP
4% APR
4% APR
XTZ Tezos
4% APR
4% APR
4.5% APR
4.5% APR
ZIL Zilliqa
5.5% APR
5.5% APR
ZRX 0x
4.5% APR
4.5% APR
Loading rates ...
Go To Platform
Go To Platform

Company

Legal name
CoinLoan OÜ
Legal name
Youhodler SA
Year founded
2017
Year founded
2017
Country incorporated in
77
Country incorporated in
222
Headquarters country
77
Headquarters country
222
Platform token
CoinLoan
Platform token
Decentralised
cross No
Decentralised
cross No
Number of employees
11-50
Number of employees
11-50
Withdrawal time in hours
24hours
Withdrawal time in hours
0
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
cross No
Pro exchange marketplace
cross No
Peer to peer exchange
cross No
Peer to peer exchange
cross No
Margin trading
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
Futures exchange
cross No
Go To Platform
Go To Platform

Security

Insurance level
$100,000,000USD
Insurance level
$150,000,000USD
Cold storage
tick Yes
Cold storage
tick Yes
Cold storage custodian
BitGo
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
tick Yes
Email support
tick Yes
Phone support
tick Yes
Phone support
cross No
Chat support
tick Yes
Chat support
tick Yes
Go To Platform
Go To Platform

Fees

Exchange fees
0% exchange fees
Exchange fees
0% exchange fees
Fiat deposit fee
tick Free
Fiat deposit fee
Free, except USD SWIFT (25 USD fee per deposit) and EUR SWIFT (25 EUR fee per deposit)
Fiat withdrawal fee
tick Free
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
Withdrawals form savings accounts are processed daily at 14:00 UTC. Withdrawals from your crypto wallet are processed promptly, normally within an hour.
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.
Withdrawal time
24 hours
Withdrawal time
0
Crypto withdrawal fee
tick Free
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)
Savings crypto account withdrawal limit
Unlimited
Savings crypto account withdrawal limit
Min withdrawl 10-50 USD in crypto equivalent
Loan crypto account withdrawal limit
Unlimited
Loan crypto account withdrawal limit
Savings fiat account withdrawal limit
Unlimited
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
Loan fiat account withdrawal limit
Unlimited
Loan fiat account withdrawal limit
Go To Platform
Go To Platform

Investment Strategy

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

Registrations & Regulation

Know your customer
tick Yes
Know your customer
tick Yes
Regulators
Regulated in Estonia
Regulators
Financial Crimes Enforcement Network
tick Yes
Financial Crimes Enforcement Network
IRS - Foreign Account Tax Compliance Act
tick Yes
IRS - Foreign Account Tax Compliance Act
European Union Intellectual Property Office Trademark
tick Yes
European Union Intellectual Property Office Trademark
Majandustegevuse Register - Virtual Currency Provider License
tick Yes
Majandustegevuse Register - Virtual Currency Provider License
Majandustegevuse Register - Financial Institution License
tick Yes
Majandustegevuse Register - Financial Institution License
PCI DSS v3.2.1 Level 1
tick Yes
PCI DSS v3.2.1 Level 1
tick Yes
CryptoCurrency Security Standard (CCSS)
tick Yes
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

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 2023