Hodlnaut is a cryptocurrency financial service provider that allows investors to earn interest on assets such as Bitcoin, Ethereum, and Stablecoin.
Written by the business, not verified by us.
Is Hodlnaut legit?
Hodlnaut (hodlnaut.com) has a 4.3 out of 5 rating on OK.one, based on 305 user reviews collected here. It is listed under Money & Insurance and its reputation is good. 86% of reviews are 4 stars or higher and 9% are 1 star; The business has replied to 56% of negative reviews; 2 of them were added in the last 12 months. Last updated 2026-10-24.
Need a much better team evaluating what coins to offer earnings with. Wormhole UST was an absolute HORRIBLE choice. Bad enough UST depegged, but wormhole was a nightmare to deal with since so little exchanges dealt with it.
Reply from Hodlnaut2022-05-31
Hi C C,
Thanks for your review.
As obligations to the authorities in Singapore, Hodlnaut is required to perform due diligence on the assets and networks we intend to introduce to the platform. Additionally, we are also required to put forth risk mitigation strategies and business sustainability practices in the unlikely event that the selected network/asset fails.
LUNA and UST was extremely unfortunate incident that happened within a short period of time. However, Hodlnaut has already put forth our risk mitigation strategies to make sure that the business can continue operating and will still be here in the long term.
Hope this clarifies and thanks for your review once again.
Regards,
Hodlnaut Team
I think that Hodlnaut is dishonest and doesn't care about their customers. Let me explain why.
First, they baited us in buying Luna/UST by lowering the interest of the cryptos, and introducing Luna/UST at the same time. It's even in the same email, just a line after saying they lowered the rates!
These are the new rates and tiers that users will earn interest in starting from 19 April 2022 (GMT+8).
[New rates]
In other news, we would like to inform everyone that we have started supporting TWO new crypto assets today!
You can now earn interest up to 13.86% APY on UST and 6.71% APY on LUNA with our open-term deposits. To earn even higher interest rates on UST and LUNA, you can opt for our fixed-term deposits. Not sure about what is UST and LUNA? Check out our dedicated article here!
Second, they never communicated properly on the Luna/UST, they just waited the last moment to say that they will suspend withdrawals by tomorrow and that they have no clue if they/we will receive anything.
Finally, they said 2 days ago that:
If you would like to ensure your eligibility for the airdrop, you could make a withdrawal from Hodlnaut to a Terra Station wallet via the Terra network.
So I asked them to terminate my fixed deposit, they said they wouldn't give me my interests. But in today's email, they say: All current Fixed Term Deposits on LUNA and UST will be terminated with immediate effect. The principal sum and the full interest of the Fixed Term Deposits will be credited into the affected users’ Hodlnaut accounts before 26 May 2022, 5PM (GMT +8).
That means that I'm screwed once again... Because they don't know how to communicate properly, they don't want to give me my interests.
You are not better than Terra/Do Kwon. I hope you'll get sued too.
Reply from Hodlnaut2022-05-27
Hi u/Simple_Hamster_6958,
We replied to your post on Reddit below:
https://www.reddit.com/r/hodlnaut/comments/uy34ja/hodlnaut_is_dishonest_customer_support_unhelpful/
To be very clear with you, your decision to terminate your Fixed Deposit was of your own choosing in which the Terms & Conditions have clearly stated that you will choose to forfeit your interests earned due to early termination.
Additionally, several disclaimers were required of our platform to be placed on the website and even before you register for an account to understand the risks of investing in cryptocurrency, in which you can find the disclaimer at the bottom of our website here.
With regards to Hodlnaut's listing of LUNA and UST, sufficient due diligence is required on our end to be conducted as per our obligations to the authorities to assess the risk of listing new assets and networks, and the past few weeks of events were unfortunate and an unlikely event that happened - in which Hodlnaut has already put forth its risk mitigation strategies and contingency plans to ensure business continuity in the best interest of the users. Withdrawals have NEVER been restricted all this while, and users could still withdraw their UST via Wormhole UST, and Luna via Terra and Wormhole.
By the way, if you have read the announcement carefully, you will notice the withdrawals are TEMPORARILY suspended, until tomorrow, 27 May 2022, 9AM (GMT + 8), in time for the airdrop snapshot.
As compared to other platforms, they do not allow for early termination of Fixed Deposits from the users, but we have done so because we empathise with their losses and fully understand that users have been affected by the events of LUNA/UST and would like to liquidate holdings as quickly as they can.
In the T&Cs, if it is termination on OUR end, we could have chosen not to give users back the full interest due to our Terms of Service here, Point 9.1, but we have decided to do so in our users' best interest.
With regards to the airdrop, feel free to contact other platforms, but even they have no clue on how the airdrop is going to work, but our communication to our users is us assuring them that the airdrop would be passed to them, even though we gave no guarantees from the beginning.
With regards to 'lack of communication from your side', here is the timeline of communications we have put forth ever since UST started de-pegging:
11 May 2022 - Official Statement
https://www.reddit.com/r/hodlnaut/comments/un4g3m/official_statement_on_ustluna_and_hodlnaut/
13 May 2022 - Updates on Ongoing Promotions
https://www.reddit.com/r/hodlnaut/comments/uoksqu/update_ongoing_promotions/
13 May 2022 - Notice 1 (Token Swap Suspension, withdrawals still enabled)
https://www.reddit.com/r/hodlnaut/comments/uoii1b/notice_suspension_of_token_swap_for_luna/
13 May 2022 - Notice 2 (Terra Blockchain halted)
https://www.reddit.com/r/hodlnaut/comments/uojuwu/notice_2_terra_blockchain_halted/
14 May 2022 - Updates on LUNA/UST as of 14 May 2022
https://www.reddit.com/r/hodlnaut/comments/uonblp/important_updates_and_changes_on_terra_luna_and/
18 May 2022 - Provision of Manual Swap option due to TS halt for LUNA/UST
https://www.reddit.com/r/hodlnaut/comments/us5eqg/manual_swap_ust_to_usdc_for_hodlnaut_users/
18 May 2022 - Activation of UST Native Network Withdrawal (wormhole has always been activated)
https://www.reddit.com/r/hodlnaut/comments/usdhwe/update_ust_withdrawals_on_native_terra_network/
26 May 2022 - LUNA V2 Airdrop and Fixed Term Deposits on LUNA/UST
https://www.reddit.com/r/hodlnaut/comments/uxztod/important_announcement_luna_v2_airdrop_and_fixed/
As you can see in the timeline above, these are the important pointers that we have continuously enabled all users to make decisions with regard to their funds:
- Termination of FTDs of their own choosing (in which they can continue to have it with us still)
- Withdrawals for LUNA/UST still enabled via Wormhole all this while until today's announcement
Would you be able to advise on 'better communications' here? We would like to take this feedback to improve further in the event something like this happens again.
Stating that we are hiding behind a ToS is unfortunately untrue. We have consistently made it extremely clear to our users via disclaimers and constant reminders to take note of the Terms that we have.
Hope this clarifies.
I mistakenly sent wrapped ust to Hodlnaut. Although this was completely my mistake Hodlnaut took care of me and got me my ust back. Trustworthy people. Don't hesitate to do business with them.
Reply from Hodlnaut2022-05-31
Hi DM,
Thanks so much for the good review! We are happy to assist!
Regards,
Hodlnaut Team
Transparent, clean, great rates, amazing token swap functionality- what more can you want?
Well, I'll tell you. When Hodlnaut introduced UST, I accidentally sent nearly $3k to the wrong address. Hodlnaut helped me recover my funds! A scammy or predatory platform wouldn't do things like this. They truly are the bright light in the Cefi space at the moment!
Reply from Hodlnaut2022-05-31
Hi Steven,
Thanks so much for the good review! We are happy to assist!
Regards,
Hodlnaut Team
Great option to hodl bitcoin, gain interest on it and if you want want luna, eth or stable coin they have it!!!! With no fees on swaps!!!! Magnifico!!!!
Reply from Hodlnaut2022-05-31
Hi Neo,
Thanks so much for the good review! We are happy to assist!
Regards,
Hodlnaut Team
Sign up process is good and not complicated. Was skeptical of using this platform last year but so far the crypto community's feedback has been good so far. So lets see!
Reply from Hodlnaut2022-05-31
Hi Darrell, thanks so much for the review, appreciate it! Hoping to see 5-stars soon!
Regards,
Hodlnaut Team
BEST platform EVER
It's hard to find SAFE and HIGH INTERESTS platform like HOLDNAUT
Love how the team always INNOVATES and make things better for the USERS!!
Looking forward to many more coins being supported in the platform and as always, I will continue supporting this platform as well!!!
Reply from Hodlnaut2022-05-31
Hi Yi xian,
Thanks so much for the good review!
Regards,
Hodlnaut Team
Hodlnaut's team has been very responsive to any queries raised through their email platform. They also seem to be active on Telegram as well.
Their app is easy to use and has clear instructions on every turn and corner.
10/10 would recommend users with such competitive rates!
Reply from Hodlnaut2022-05-31
Hi Alvin,
Thanks so much for the good review!
Regards,
Hodlnaut Team
Awesome platform to get decent yield/interest from our crypto. Development made great and the newest one is deposit/withdraw $LUNA on Terra native network to save gas fee.
Keep up the good work team.
Reply from Hodlnaut2022-05-31
Hi Yunita,
Thanks so much for the good review!
Regards,
Hodlnaut Team
