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The crypto market is volatile and risky. You may be able to accumulate many crypto assets. The problem is you need to have more money to buy more crypto assets in order to wait for another trend coming. What if there is a way to hold crypto assets while continuing generating crypto assets? Here comes the crypto lending service as one of the viable solutions.
What is crypto lending?
It is a lending service for you to lend some of your crypto assets to others and earn interest. Similar to bank lending service that they lend other money for business uses while earning interest from the lending.
Why crypto lending?
Crypto lending provides higher interest rates while may involve higher risks. However, compared to traditional lending services, the opportunity to enter the traditional lending services is low with higher barriers to entry.
Why Defi Lending?
In the traditional set of lending services, you will have a middleman to find 1) investors/lenders, 2) provide a place to exchange and 3) find borrowers. Defi lending will put all 3 pieces together in one platform.
What is Hodlnaut?
It is a crypto lending platform based in Singapore with ideas of Hold as the simplest investment strategy and Astronaut as to wait for crypto assets to go to the moon.
Why choose Hodlnaut?
Geolocation matters
Location is important because it will be impacted by the local regulations. Hodlnaut is located in Singapore as one of the leading crypto hubs. Their regulations are supporting cryptos and their future.
High-interest rate of returns
The interest rate can earn up to 10.5% APY with only fewer selected crypto assets (BTC, ETH, DAI, USDT, USDC, and WBTC).
Not restriction or hidden rules
There are no minimum deposits or lock-in periods and users can withdraw anytime.
Easily access
You can access the platform through a website or App on the iPhone.
Frequently payout
The platform will payout weekly every Monday at 5 PM (GMT +8).
What if I want to withdrawal
There will be small withdrawal fees per different crypto assets.
Insurance protection
There is up to $6.5M of small contract insurance from Nexus Mutual available at a 2.6% premium.
Hacking potential
The crypto assets are 100% cold storage.
Other amazing services with low costs
There is a token swap where you can exchange any available tokens within your portfolio and there is a fixed-term loan with potential high rates of interest returns.
My personal experience
Awesome customer support
Hodlnaut has a Telegram channel to reach out to customer service if you have any questions. The KYC process can be always tricky and time-consuming. I was able to set up my account within 24 hours because their customer service is always available online through email and Telegram support.
You decided to join?
Great! If you want to join the Hodlnaut community, I can help you out by using this code here, or the link below and download App here
http://hodlnaut.com/join/SsQgvcvyB
Still deciding to join?
No problem! Check out their social media channels below and interact with them to gather more information!
- https://www.linkedin.com/company/hodlnaut/
- https://twitter.com/hodlnautdotcom
- https://www.facebook.com/hodlnautdotcom
- https://www.instagram.com/hodlnautdotcom/
- https://t.me/hodlnaut
