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YouHodler vs. Celsius Network: A Comprehensive Review

Anthony Cerullo
July 26, 2021
digital representation of YouHodler and Celsius logos

It’s no doubt the past two years of crypto growth owe a huge thanks to decentralized finance (DeFi). DeFi platforms have allowed people worldwide to ditch their banks, in favor of decentralized platforms offering financial services far superior to that of traditional finance. However, in between the worlds of DeFi and TradFi, offer another option offering the best of both. 

Centralized FinTech platforms like YouHodler and Celsius offer the security, transparency, and accountability of traditional banks while also allowing clients access to innovative financial services found on DeFi protocols. Both platforms feature different aspects though which means it’s time for an unbiased, comprehensive review. 

Disclaimer: All information in this article was taken directly from the websites of YouHodler and Celsius Network and not an unbiased, third party. 

YouHodler vs. Celsius Network: The Features

At first glance, YouHodler and Celsius Network may have many similar features but in detail, they vary substantially. Let’s go one by one through them all and see how they stack up.

YouHodler features

Cryptocurrency-backed loans: Using the top 30 coins and tokens as collateral, YouHodler clients can get instant pans in Euro (EUR), US Dollar (USD), Swiss Franc (CHF), British Pounds (GBP), and stablecoins. Loan to value ratios range from 50% - 90% and loans can be withdrawn instantly to a credit card or bank account. YouHodler also features select NFTs as collateral, the only platform of its kind to do so. 

Exchange: Clients can instantly--and universally--convert crypto, fiat, and stablecoins with real-time execution prices and competitive fees. The YouHodler exchange feature also lets clients buy crypto with a credit card and SEPA bank account.

Earn interest: Arguably YouHodler’s most popular feature, interest accounts let clients deposit any cryptocurrency or stablecoin found on the platform and earn interest up to 12.3%  APR.  Interest payments occur automatically and weekly.

Multi HODL: A completely original feature, Multi HODL puts the fun in market swings by allowing clients to “multiply” their crypto in either direction. With minor similarities to margin trading, Multi HODL lets users pick which direction they think the market is heading, and open up a long or short position with any cryptocurrency on the platform. If they predict right, they can profit. 

Turbocharge: With Turborchage, clients can “clone their collateral” now and benefit later if they believe in the future growth of the market. For those that want to buy more crypto but lack liquid cash, this is a tool built for them.


Celsius Network features:

Earn: Celsius Network has dozens of stablecoins, gold tokens, and cryptocurrencies to choose from for earning interest. Currently, Synthetix (SNX) offers the highest yield with 13.99% with stable coins ranging from 4%- 8.88%. Like YouHodler, there is no minimum balance to get started and interest payments occur weekly. 

Borrow A crypto-backed loan feature that lets clients use crypto as collateral for a loan for 0-3 years. Loan to value ratios range from 25% - 50%. Currently, the only fiat currency clients can receive a loan in is USD. The other options are dollar-backed stablecoins. If a client wants to lower the interest payment on the loan, they can pay back the loan in Celsius’s native token (CEL).

Pay: This is the name of Celsius’s wallet feature. It allows clients to store crypto, send crypto and receive crypto anywhere in the world without fees. 

YouHodler vs. Celsius: Native tokens 

As mentioned previously, Celsius is a native token (CEL). Celsius describes this token as a “rewards program with actual financial rewards like even higher interest rates..” For example, CEL token holders earn 11.21% APY on Tether (USDT) while non-CEL token holders earn just 8.88%. CEL token holders also get discounts on loan fees.

YouHodler on the other hand does not have a native token. Every client has access to the interest rates listed on the platform--for example 12.3% APR + compounding interest for Tether (USDT). YouHodler never forces its clients to invest in a token to unlock beneficial features.

YouHodler vs Celsius: credit cards

Neither YouHodler nor Celsius have a credit card for the platform yet but both organizations state it is something coming in the future roadmap. These cards will allow users to pay for items in everyday life using the interest earned from the platform or the tokens in their wallets. Instant conversion between crypto and fiat will take place automatically to allow this. 

YouHodler vs. Celsius: Security

With dozens of high-profile hacks over the years, cybersecurity is always a huge issue for cryptocurrency companies. Neither Celsius nor YouHodler takes the approach to security lightly. Both have ample information on their websites warning users of cybersecurity threats and offering “DIY content” on how to protect oneself from these events. YouHodler however seems to take it a bit further. 

YouHodler regularly hires external security audit firms to probe for and identify weaknesses in the security infrastructure. If any weakness is found, it’s fixed immediately by the development team. In addition to third-party security audits, YouHodler also benefits from Ledger Vault’s pooled customized crime insurance program--up to $150 million-- and backed Arch UK Lloyds of London. 

The insurance covers a variety of risks like:

  • employee theft caused by collusion
  • third-party theft of private keys/master seed 
  • physical breach of hardware security.

Click here to learn even more about YouHodler security measures. 

YouHodler vs Celsius: Philosophies


YouHodler CEO Ilya Volkov and Celsius CEO Alex Mashinsky both come from experienced backgrounds in various fields and this difference shows in the philosophies of the two companies. Mashinksy, whose resume mostly includes companies involved in wireless communication technology, goes against the grain of many traditional finance institutions. 

Mashinsky believes Celsius is “banking the unbanked” and introducing a new digital economy separate from that of traditional finance. Celsius’s main goal is to disrupt the financial industry in a way that creates financial freedom for everyone. While the idea is nice in theory, it differs greatly from YouHodler’s philosophy. 

Ilya Volkov, with 15 years in FinTech: Commercial Finance and Trading and as an active member of the Blockchain Association and the Crypto Valley Association, believes traditional finance doesn’t need to be destroyed for crypto to thrive. Volkov and the whole YouHodler team believe we should “build bridges. Not walls.” between traditional finance and cryptocurrency. 

“build bridges. Not walls.”

With that in mind, the YouHodler platform is designed in a way that introduces new features to improve the efficiency of traditional finance with the innovative nature of cryptocurrency. A world where banks and crypto platforms can co-exist and support each other is an ideal situation according to YouHodler. 

YouHodler vs. Celsius: The Extras

Both YouHodler and Celsius have a few extra features for community members to enjoy. For example, YouHodler has an Affiliate Program that pays affiliates $150 for each active client brought to the platform. It’s a fantastic way for affiliate marketers to make a nice passive income. Additionally, YouHodler has a separate Ambassador Program that lets passionate fans win exclusive prizes and merchandise just for participating. 


Celsius Network also has some unique bonus features like the “Top 500” list where CEL token holders can see who in the community is holding the most tokens. Celsius also has a “Swag Show” where fans can buy their favorite Celsius merchandise. 

Both platforms also do regular promotions on social media which offer clients new and exciting ways to participate in the community. 

YouHodler vs Celsius: Pros and Cons

While both platforms feature some similar products like loans and savings accounts, they are inherently different in both philosophy and execution of that philosophy. We are not here to decide a winner. That’s entirely on the reader. Our job is to merely provide the facts found from both platforms to see which one may align with your wants and needs.

For a quick recap, here’s a list of pros and cons for both.

YouHodler pros

  • Clean UX/UI interface and user-friendly design for beginners and advanced users
  • High interest on deposits (12.3%) without the need to buy or stake another token
  • High loan to value ratio on loans (90%)
  • Competitive fees 
  • Universal exchange feature between all currencies on the platform
  • Unique tools like Multi HODL and Turbocharge not found anywhere else
  • Web-version and mobile apps (iOS and Android)
  • Instant loans and efficient withdrawal to bank accounts, bank cards or crypto wallets
  • Fast and friendly customer support
  • Team transparency
  • Many fun  social media contests and promotions with great prizes
  • Takes security and legality extremely seriously
  • A constant growing list of coins/tokens that can be used with all core features

YouHodler cons

  • Not decentralized
  • Android app can be buggy at times
  • Lower interest rates than DeFi protocols
  • Not available in the USA or China
  • No YouHodler credit card yet

Celsius pros

  • Easy to use mobile app
  • Fee-free payment feature using CEL token
  • Loyalty program
  • Swag shop
  • Savings interest rates up to 15% for CEL token holders
  • Available to US citizens (in a limited capacity)

Celsius cons

  • Centralized
  • Web application difficult to use
  • Limited cryptocurrencies and not for use in all features
  • High savings rates are only available to those who buy the platform’s token (CEL).
  • A small number of educational resources
  • The founder does not come from a finance background
  • Users can not exchange crypto on the platform. 
  • Must withdraw funds to external exchange 
  • Credit card not available yet

CLICK HERE to explore all of YouHodler’s features today. Try it out!

About the Author
YouHodler Blog Editor

Editor-in-Chief of the YouHodler blog. Connect with him about writing techniques, cryptocurrency, and music.

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