Hodlnaut Reduces its Withdrawal Fees for USDT, USDC, DAI, and ETH

Cryptocurrency
First published
August 3, 2021
Last updated
June 30, 2022

Singapore, August 3rd, 2021 – Hodlnaut, a crypto interest-earning platform based in Singapore, has just reduced its withdrawal fees for Tether (USDT), U.S. Stable Coin (USDC), Dai (DAI), and Ethereum (ETH). Hodlers can earn interest in the crypto asset of their choice from the six supported assets: BTC, DAI, ETH, USDT, USDC, and WBTC.

With effect from 3 August 2021, the withdrawal fees for the mentioned currencies are as follows:

withdrawal fees
“With our lowered withdrawal fees, we hope to encourage more users to deposit with us to maximize the productivity of their crypto assets. We are continuously looking for ways to improve the user experience and we hope reducing the withdrawal fees would do just that,” said Juntao, CEO and Co-founder of Hodlnaut. 

Users can now withdraw their crypto assets at a lower transaction cost, to enable them to earn maximized returns. The lowered fees will be effective immediately from August 3, 2021.

About Hodlnaut

Hodlnaut is a Singapore-based platform that provides innovative financial services for individual investors who can earn interest on their cryptocurrencies by lending them to vetted institutions. Founded by Bitcoin maximalists Juntao Zhu and Simon Lee in April 2019, Hodlnaut has grown tremendously over the years. The platform now offers up to 7.25% APY on six supported crypto assets: BTC, WBTC, ETH, DAI, USDC, and USDT.

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).

For more information please visit www.hodlnaut.com.

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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