Hodlnaut Announces Seasonal Free Withdrawal Campaign

First published
October 11, 2021
Last updated
June 30, 2022
Hodlnaut waives off withdrawal fees for the first withdrawal from 11 October to 7 November as part of its free withdrawal campaign.

Singapore, October 11, 2021 – Hodlnaut, the emerging crypto interest-earning platform based in Singapore, announced today that it will waive off the withdrawal fee for the first withdrawal for its users from 11th October 12:00 (GMT +8) (Mon) to 7th November 2021 23:59 (GMT +8) (Sun). As part of the free withdrawal campaign, the first withdrawal per user will be free for the duration stated herein.

The withdrawal fee will be deducted automatically as usual and then credited to the user’s Hodlnaut Crypto Interest Account over the next two days after the campaign ends.

“We are constantly improving our offerings at Hodlnaut to create a platform that our users love,” said Juntao Zhu, CEO, and Co-Founder of Hodlnaut. “We are optimistic that our free withdrawal campaign will encourage both existing and new users to deposit with Hodlnaut,” he added. 

Hodlnaut currently has a total of US$500 million worth of assets under management and a community of over 10,000 HODLers who enjoy Hodlnaut’s innovative features and services.

Hodlnaut offers one of the highest interest rates of up to 7.25% APY on its six supported assets: BTC, ETH, DAI, USDC, USDT, and WBTC. The company has recently launched its much-awaited iOS application in August 2021, which brings the entire Hodlnaut experience to the user’s fingertips. The platform is also set to launch its equally anticipated Android application before the end of this year.

About Hodlnaut

Hodlnaut provides innovative financial services for individual investors who can earn interest on their cryptocurrencies by lending them to vetted institutions. Hodlnaut was founded by bitcoin maximalists Juntao Zhu and Simon Lee in April 2019, and it has grown tremendously over the years.

Hodlnaut is a certified Fintech by the Singapore Fintech Association, an accreditation recognized by the MAS (Monetary Authority of Singapore). The company aims to become the first regulated entity in Singapore within the crypto lending and borrowing space and is undergoing license application under the Payment Services Act 2019 (by the MAS).

Disclaimer: 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.