Best lending platform on Reddit

106 reviews from r/LednCrypto, r/ethtrader, r/defi and 6 more subreddits

106 reviews from
and
By Brand
/
By Product
#1

Nexo

3.9
(17)
"I’ve had a good time with NEXO."
·
"I have used Nexo for some time now. I haven’t had any issues."
·
"Strong recommendation on Nexo."
·
"Nexo is one of the best platforms for crypto."
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"You get up to 8% with a standard of 5%. The Cardano is locked for one month."
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"I have a bunch of other cryptos on Nexo, which is also a great platform."
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"I know that NEXO does XRP... and I use Haru and Midas for that."
·
"Nexo is a solid choice for safety and interest rates."
·
"Good but lots of Shitcoins. Instant loans is pretty awesome."
·
"Nexo provides a competitive rate of ~6%."
·
#2

Ledn

4.1
(15)
"I haven’t had any issues. Ledn at 9.5% for USDC is hard to beat."
·
"Ledn > proof of reserves > legit Canadian company."
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"Strong recommendation on Ledn."
·
"Very satisfied with Ledn so far; will never use BlockFi ever again."
·
"Ledn is a solid platform based in Canada."
·
"Offers a competitive 11% APY on Bitcoin savings."
·
"Ledn is preferred for safety and interest rates."
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"Ledn has no tiers for USDC, allowing good yield on any amount."
·
"Ledn has the highest BTC and USDC base tiers without any token or tier, never had any problem with them."
·
"Good but withdrawals are slower."
·
#3

Celsius

4.1
(13)
"I recommend Celsius."
·
"I had a positive experience with Celsius."
·
"Celsius offers a 5.35% APR and allows for liquid withdrawals."
·
"Celsius"
·
"Celsius"
·
"Put 1 BTC in Celsius."
·
"Celsius is also a well-established platform with decent rates."
·
"3. Celsius (high rates)"
·
"I've was 100% Celsius."
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"Most transparent, a bit complex but it works."
·
#4

Hodlnaut

4.2
(12)
"I have had a very good experience with Hodlnaut, it supports BTC, ETH and Stables, offers the highest rate and loss insurance."
·
"Strong recommendation on Hodlnaut."
·
"The best and easiest platform with the highest rate for BTC and ETH."
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"Hodlnaut allows you to choose which crypto you get paid in for each coin, making it a great way to focus on what you want to grow."
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"I use hodlnaut to lend btc."
·
"Hodlnaut > One of the highest rates."
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"Hodlnaut offers a decent 7.5% APY on BTC and ETH, with real-time accumulation."
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"Now using Hodlnaut, supports BTC and ETH and offers higher interest rates with no conditions or token locking."
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"Hodlnaut's withdrawal times are near-instant and has good mobile apps."
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"Hodlnaut is simple and better for BTC and Stablecoins."
·
#5

Aave

4.6
(7)
"AAVE is always a safe bet in terms of security."
·
"Very easy to use. On multiple chains (mainnet, polygon, and avalanche). Good safety record so far!"
·
"Aave is the best."
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"I use AAVE for its APY and long term moon potential."
·
"Safe bets are AAVE and Compound"
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"AAVE is a well-established platform with decent rates."
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"I moved a portion of my BTC and ETH to Aave to lend out and borrow stablecoin against it. It gives me slightly better yield than CeFi lending."
#6

Blockfi

3.7
(7)
"Strong recommendation on Blockfi."
·
"Lowest rates, awesome credit card, and has a lot of financial backing."
·
"I’d rank them: 1. BlockFi (for features)"
·
"BlockFi allows payout in different assets and has a good mobile app."
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"Lost its savings nature but it works."
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"I used Blockfi for a while but pulled out."
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"Started from BlockFi, then Nexo and Celsius."
#7

HODLNAUT

5.0
(2)
"PUT 2 in HODLNAUT."
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"Hodlnaut offers the highest rate for BTC at ~8%."
#8

Crypto.com

3.3
(3)
"Crypto.com has been great to me this last year."
·
"Crypto.com offers 6.5% p/a."
·
"Also used Crypto.com for a while."
#9

Neptune Finance

5.0
(2)
"The platform is pretty simple to use, and it's audited. I'm using it to lend USDC, they have a nice 12% APY right now."
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"Neptune Finance offers a competitive Lend APY of 17.24% for USDC and is continuously evolving with new integrations."
#10

LEDN

4.5
(2)
"Put 2 in LEDN."
·
"Ledn also offers a rate of ~6%."
#11

Sovryn

4.5
(2)
"Sovryn gives 18% APY for staking BTC, offers anonymous transactions and is permissionless."
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"Sovryn is you best bet."
#12

CefiRates

4.0
(2)
"ETH rates are also favorable, making it a good option for investors."
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"The rates and withdrawal fees for BTC are competitive and well-documented on the site."
#13

Lenfi

5.0
(1)
"This is the best lending protocol available on Cardano and one of the most innovative in crypto in general."
#14

VinciProtocol

5.0
(1)
"This platform will make your life easier by allowing you to lend using your #NFT."
#15

Lendingblock

5.0
(1)
"Lendingblock offers some of the highest rates for BTC, ETH, and USDT, and I have been a loyal user since their ICO in 2018."
#16

CoinLenders

5.0
(1)
"A great platform for comparing interest rates across CeFi and DeFi."
#17

Tarot

5.0
(1)
"Tarot all the way!"
#18

Midas.Investments

5.0
(1)
"Midas.Investments provides an impressive 17% on BTC and 23% on ETH, leveraging liquidity pools."
#19

Coinbase

5.0
(1)
"Coinbase is a favorite for centralized exchanges."
#20

Voyager

5.0
(1)
"I've been using them for months, and have loved it. They have great security measures, so I feel comfortable with holding my coins there."
#21

Shade

4.0
(1)
"Their Aprs are good"
#22

Compound

4.0
(1)
"Some popular protocols for stables are Compound, MoonWell, Silo, etc."
#23

Badger

4.0
(1)
"Check out badger too."
#24

AAVE

4.0
(1)
"The APY might be low, but you can borrow stablecoins and farm USDC/DAI for an additional +22% APR."
#25

Extra Finance

4.0
(1)
"They offer good percentages on lending stables, currently lending out USD+ yields between 16-20%."
#26

Helix

4.0
(1)
"Helix is expanding its offerings and may have lending features."
#27

White Whale

4.0
(1)
"White Whale is planning to integrate with Injective and may offer yield-generating opportunities."
#28

FluidTokens

4.0
(1)
"I like the clear UI and I'm getting a 7-8% return."
#29

Neptune

4.0
(1)
"Neptune is the biggest one. They are fairly new and listed USDC a few weeks back. Simple protocol and audited."
#30

USDC

4.0
(1)
"USDC currently sits about 16%, usually around 12%."
#31

Scream

4.0
(1)
"Scream is a solid alternative if you’re in the US, but doesn’t give the same strategy flexibility as tarot."
#32

Stakewise

4.0
(1)
"Stakewise is currently the only platform used for staking."
#33

Rocketpool

4.0
(1)
"Rocketpool is anticipated to be switched to when it launches."
#34

Geist

2.0
(1)
"Geist gas fees are way higher and token barely moved when ftm was pumping hard."

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