Hodlnaut Enables Token Swaps For Singapore Residents

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The greatest thing about Hodlnaut is how it enables me to gain from commission interest. An article that I had written about Hodlnaut went viral. From it, I managed to get 11 people who used my affiliate link to sign up with Hodlnaut and deposit their digital assets. I stand to benefit on a weekly basis because I get 10% of the interest paid out to their accounts as commision interest every Monday. Without fail. Slaughtering those Monday blues. Becoming the Mother Goose that I should not do away with.

This was an excellent opportunity for me to test-drive my nerves and ascertain whether I could stand the volatility of the crypto world. Having received BTC, ETH, USDC and DAI for free, I realized that my affiliates were HODL-ing their assets in these four main cryptocurrencies. I have been receiving more BTC and ETH than the stablecoins, so it allowed me to indirectly have an understanding of my fellow Singaporeans' portfolios, LOL. More importantly, it helped me decide that my stomach was robust enough to weather the swirls of the crypto world. Stablecoins don't seem to allow me to accumulate wealth that fast. This is my personal comfort level, but I thought that if I was already embarking on something that is deemed to be risky, I might as well bank on BTC and ETH!

Today, Hodlnaut answered my wish, for it made Token Swap available for Singaporeans for free!

This meant that I could swap one cryptocurrency for another without paying any transfer fees! I immediately converted my USDC and DAI to Ethereum.

So fun! Not only did I save time, but I also saved money as I didn't have to fork out any buying or selling fees. 

Yes, this means that now I just have two cryptocurrencies in my portfolio: BTC and ETH. I am so grateful to Hodlnaut for working hard to comply with the regulations laid out by the Monetary Authority of Singapore and bringing Token Swap to us consumers. Yup, this is not a sponsored post (though I wish it was)! Just a random musing from a happy user. 

How about you? Do you engage in Token Swap regularly? 

Regulation and Society adoption

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