Hodlnaut Launches a New Feature: Token Swap

News
First published
February 4, 2022
Last updated
June 21, 2022
Hodlnaut has built token swap to allow its users to swap between asset pairs without leaving the platform

Singapore, April 15, 2021 Hodlnaut unveiled today their brand new token swap feature, that allows its users to seamlessly swap between asset pairs on the platform. The swap function will allow users to execute trades instantly between any of the six assets offered on the Hodlnaut platform – BTC, WBTC, ETH, DAI, USDC, and USDT.  

Hodlnaut offers competitive interest rates (up to 7.25% APY on six assets class) to individual investors with a Hodlnaut Crypto Interest Account by lending it to rigorously vetted institutions in the form of crypto loans. The new token swap feature allows HODLers to essentially opt for the type of asset they wish to earn interest in. This will also allow HODLers to manage their portfolio and rebalance their asset holdings without ever leaving the Hodlnaut platform.

This not only makes the user’s experience seamless, but it also helps users save on fees that have to be spent on transactions between wallets. The end result is that users are able to swap between two tokens directly within the Hodlnaut dashboard without the inconvenience and double fees associated with conducting trade in two steps.

“We constantly listen to our users and build features that would make their experience with Hodlnaut better. We foresee that the new token swap feature will not only attract more HODLers but will also give them the option to earn their interest in different assets.,” said Juntao Zhu, Hodlnaut’s CEO & Co-founder.

Disclaimer: By using Hodlnaut, users expressly acknowledge and agree to the Terms of Use listed on our website at www.hodlnaut.com. This includes the relevant risk warnings applicable to you as a user of Hodlnaut's services, prior to/when carrying out Digital Payment Token (DPT) transactions. This article is for informational purposes only, and is not an offer nor a solicitation to invest in DPT, securities, funds, partnership interests or other investments or funding or purchasing loans. It is the user's sole responsibility to conduct due diligence and research extensively into each DPT and platform, and understand that the volatility and unpredictability of the price of DPT may result in significant loss over a short period of time. No information on Hodlnaut should be considered to be business, legal, financial or tax advice regarding the use of Hodlnaut. Users should consult their own legal, financial, tax or other professional advisors before using Hodlnaut. Please refer to our website at https://www.hodlnaut.com/tos for the full Terms of Use.

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