Earn interest in the cryptocurrency of your choice with Hodlnaut’s preferential interest payment
SINGAPORE, July 21, 2021 / PRNewswire / – Hodlnaut, an interest-generating crypto platform based at Singapore, announced the launch of its latest feature: the payment of preferential interest. Hodlers can now earn interest on any crypto asset of their choice from the six supported assets: BTC, DAI, ETH, USDT, USDC, and WBTC.
The new feature launched allows users to deposit crypto with Hodlnaut while earning interest on the coin of their choice. This gives users more flexibility and control over their cryptocurrency income. Previously, users received interest in kind, which means that they would receive the interest on the same asset in which it was deposited.
“We are excited to introduce our preferred interest payment feature to empower Hodlers to engage in the crypto of their choice,” said Juntao, CEO and Co-Founder of Hodlnaut. “This new feature is in line with Hodlnaut’s continued efforts to help Hodlers get the most out of their cryptocurrency assets,” he added.
The functionality will be effective immediately from July 21, 2021. By default, interest will be set in kind and users can change it according to their preferences from their account dashboard. Interest will be accrued at the end of each day and deposited into the user’s account each Monday, 5:00 p.m. (GMT +8). With respect to the Affiliate Program, while the referred user can choose their interest payment asset, the referrer will continue to receive an in-kind commission.
Hodlnaut is a Singaporecrypto platform generating interest. The company provides innovative financial solutions to individual investors while lending cryptocurrency assets to approved financial institutions. Hodlnaut is a Fintech certified by the Singapore Fintech Association, an accreditation recognized by the MAS (Monetary Authority of Singapore).
Founded in April 2019 by bitcoin maximalists Juntao Zhu and Simon lee, the company is on a mission to help Hodlers get the most out of their crypto assets. The platform offers up to 10.5% APY to individual investors with a Hodlnaut interest account supporting BTC, ETH, DAI, USDC, USDT and WBTC.
For more information, please visit https://www.hodlnaut.com/
Head of Growth at Hodlnaut