Sign In
Sign Up
DeFinda Logo
Find & Compare DeFi Products
usd logo USD
 Share
Home Platforms Hodlnaut vs Kraken

Compare Hodlnaut vs Kraken

 vs
Add / Remove Platforms

Pros & Cons
tick Very simple easy to understand interface
tick Interest accrued daily and paid out weekly
tick Enhanced interest rates available for big depositors (over 100 BTC)
tick Excellent reviews
tick Regulated in Singapore
tick Option to insure your deposits
tick Higher rating on Trustpilot than Kraken (4.5 vs 2.7 stars)
tick Offers loans but Kraken doesn't
tick Account verification in less than 1 hour available on Hodlnaut but not on Kraken
tick One of the biggest crypto exchanges in the world
tick Large selection of supported cryptocurrencies
tick Very competitive maker and taker fees
tick Available in almost all countries
tick Higher average review rating than Hodlnaut (89% vs 76%)
tick More reviews than Hodlnaut (12,752 vs 284 reviews)
tick Higher rating for android phone app than Hodlnaut (4.2 vs 3.7 stars)
tick Been in business longer than Hodlnaut (Founded 2011 vs 2019)
tick Has fewer users than Hodlnaut
tick Has less assets under management than Hodlnaut
tick Fiat exchange available on Kraken but not on Hodlnaut
tick Pro exchange marketplace available on Kraken but not on Hodlnaut
tick Instantly buy crypto with fiat on Kraken but not on Hodlnaut
tick Has 24/7 support but Hodlnaut doesn't
tick Has phone support but Hodlnaut doesn't
tick Has independent proof of reserves but Hodlnaut doesn't
tick Interface supports French, Japanese, Turkish, Vietnamese, Portuguese-Portuguese, Spanish, Simplified Chinese, Russian, Italian and Filipino whereas Hodlnaut doesn't
Staking Rates
tick Hodlnaut will pay interest on 3 stable coin deposits not offered by Kraken:
Dai (DAI)
USDC (USDC)
Tether USDt (USDT)
More ...
tick Hodlnaut has a higher base earnings rate for Bitcoin (BTC) (2.25%% vs 0.25000%)
2 more stakings rates pros ...
Staking Rates
tick Kraken has a higher base earnings rate for Ethereum (ETH) (5.5%% vs 2.50000%)
tick Kraken will pay interest on 10 crypto currency deposits not offered by Hodlnaut:
Cardano (ADA)
Algorand (ALGO)
Cosmos (ATOM)
Polkadot (DOT)
Flow (FLOW)
Kava (KAVA)
Kusama (KSM)
Mina (MINA)
Solana (SOL)
Tezos (XTZ)
More ...
1 more stakings rates pro ...
cross Limited number of coins supported
cross Loans not available for regular users.
cross Investments in liquidity pools can be higher risk
cross Liquidity pool investments are only suitable for advanced crypto users
cross A bit complex for beginners
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

Reviews
76% based on 284 reviews
89% based on 12,752 reviews
User Reviews
Overall User Rating
76%
278 reviews
74%
220 reviews
84%
54 reviews
90%
4 reviews
User Reviews
Overall User Rating
89%
12,513 reviews
84%
26 reviews
90%
11,900 reviews
54%
2 reviews
80%
14 reviews
82%
457 reviews
90%
56 reviews
24%
58 reviews
Expert Reviews
Overall Expert Rating
80%
6 reviews
84%
86%
60%
74%
90%
88%
Show All Expert Reviews
Expert Reviews
Overall Expert Rating
60%
239 reviews
87%
78%
90%
82%
100%
70%
96%
20%
80%
82%
100%
98%
49%
78%
100%
100%
72%
76%
85%
90%
80%
40%
100%
80%
98%
85%
88%
91%
87%
80%
90%
93%
80%
100%
80%
96%
80%
85%
77%
60%
90%
48%
93%
92%
70%
92%
100%
82%
78%
91%
100%
48%
60%
80%
90%
100%
76%
90%
78%
75%
88%
80%
88%
Show All Expert Reviews
Go To Platform
Go To Platform

Staking Rates
The table below compares the staking rates for Hodlnaut and Kraken.
Stable Coins
DAI Dai
3.56% - 5.75%
3.56% - 5.75%
USDC USDC
5.25% - 7%
5.25% - 7%
5.25% - 7%
5.25% - 7%
Crypto Currencies
BTC Bitcoin
2.25% - 4%
2.25% - 4%
ETH Ethereum
2.5% - 4.5%
2.5% - 4.5%
PAXG PAX Gold
1% - 1.2%
1% - 1.2%
2.45% - 4%
2.45% - 4%
Loading rates ...
Stable Coins
Crypto Currencies
ADA Cardano
5%
5%
ALGO Algorand
4.75%
4.75%
ATOM Cosmos
7.5%
7.5%
BTC Bitcoin
0.25%
0.25%
DOT Polkadot
12%
12%
ETH Ethereum
5.5%
5.5%
FLOW Flow
7.5%
7.5%
KAVA Kava
23%
23%
KSM Kusama
18%
18%
MINA Mina
16%
16%
SOL Solana
6.5%
6.5%
XTZ Tezos
4.7%
4.7%
Loading rates ...
Go To Platform
Go To Platform

Company
Legal name
Hodlnaut Pte. Ltd
Legal name
Payward Inc
Year founded
2019
Year founded
2011
Country incorporated in
206
Country incorporated in
2
Headquarters country
206
Headquarters country
2
Decentralised
cross No
Decentralised
cross No
Number of employees
11-50
Number of employees
250
Number of users
10,000
Number of users
4,000,000
Total assets under management
$500,000,000USD
Total assets under management
$10,000,000,000USD
Withdrawal time in hours
1hours
Withdrawal time in hours
Go To Platform
Go To Platform

Products
Savings accounts
tick Yes
Savings accounts
tick Yes
Loans
tick Yes
Loans
cross No
Crypto to crypto exchange
tick Yes
Crypto to crypto exchange
tick Yes
Fiat to crypto exchange
cross No
Fiat to crypto exchange
tick Yes
Pro exchange marketplace
cross No
Pro exchange marketplace
tick Yes
Peer to peer exchange
cross No
Peer to peer exchange
cross No
Margin trading
Margin trading
tick Yes
Corporate accounts
tick Yes
Corporate accounts
tick Yes
Instantly buy crypto with fiat
cross No
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
cross No
Futures exchange
Futures exchange
tick Yes
Go To Platform
Go To Platform

Security
Insurance level
$44,000,000USD
Insurance level
Cold storage
tick Yes
Cold storage
tick Yes
Cold storage custodian
BitGo, Fireblocks
Cold storage custodian
Self custody
Two factor authentication
tick Yes
Two factor authentication
tick Yes
Credit check
cross No
Credit check
cross No
Go To Platform
Go To Platform

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

Fees
Maker fee
Maker fee
0%
Taker fee
Taker fee
0%
Exchange fees
0% exchange fees
Exchange fees
Maker and taker fees vary by 30 day trade volume and go as low as 0% maker fee and 0.1% taker fee for traders exchanging more than $10,000,000 per month
Fiat deposit fee
Fiat deposits not accepted
Fiat deposit fee
tick Free
Fiat withdrawal fee
Fiat withdrawls not accepted
Fiat withdrawal fee
tick Free
Crypto deposit fee
tick Free
Crypto deposit fee
tick Free
Withdrawal process
On 8 August 2022 Hodlnaut froze all withdrawals.
Withdrawal process
Withdrawal time
1 hours
Withdrawal time
Crypto withdrawal fee
1 free crypto withdrawl per month, Bitcoin 0.0004BTC, DAI 10 DAI, Ethereum 0.0036 ETH, USD Coin 10 USDC, Tether 10 USDT
Crypto withdrawal fee
tick Free
Crypto wallet withdrawal limit
100BTC per day
Crypto wallet withdrawal limit
Starter accounts: $5,000 per day. Intermediate accounts: $500,000 per day. Pro accounts: $10,000,000 per day
Savings crypto account withdrawal limit
100 BTC per 24 hours
Savings crypto account withdrawal limit
Fiat wallet withdrawal limit
Fiat wallet withdrawal limit
Express accounts: $9,000 per day. Intermediate accounts: $100,000 per day. Pro accounts: $10,000,000 per day.
Go To Platform
Go To Platform

Investment Strategy
DeFi products
tick Yes
DeFi products
Independent proof of reserves
cross No
Independent proof of reserves
tick Yes
Go To Platform
Go To Platform

Registrations & Regulation
Know your customer
tick Yes
Know your customer
tick Yes
Regulators
Hodlnaut is in the process of applying for approval under the Payment Services Act in Singapore
Regulators
Regulated by FinCEN in the USA, FINTRAC in Canada, FCA in the UK, the Australian Transaction Reports and Analysis Centre in Australia and the FSA in Japan
Singapore Fintech Association
tick Yes
Singapore Fintech Association
Payment Services Act 2020
tick Yes
Payment Services Act 2020
Major Payment Institution License - Monetary Authority of Singapore (MAS) under the Payment Services
tick Yes
Major Payment Institution License - Monetary Authority of Singapore (MAS) under the Payment Services
Financial Crimes Enforcement Network
Financial Crimes Enforcement Network
tick Yes
Financial Conduct Authority
Financial Conduct Authority
tick Yes
Financial Transactions and Reports Analysis Centre of Canada - Money Service Business Registration
Financial Transactions and Reports Analysis Centre of Canada - Money Service Business Registration
tick Yes
Australian Securities and Investment Commission - Registration as Foreign Company
Australian Securities and Investment Commission - Registration as Foreign Company
tick Yes
Financial Services Agency - Crypto Asset Exchange Operator
Financial Services Agency - Crypto Asset Exchange Operator
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.

About Us
Blog
Jobs
Contact Us
Terms
Privacy & Cookies
Sitemap
Follow DeFinda on Twitter
© DeFinda 2024
Share Page Using
Twitter
Email
Whatsapp
Facebook
Reddit
LinkedIn