Hodlnaut Releases Token Swap Feature on its iOS App

Token Swap
First published
September 1, 2021
Last updated
June 21, 2022
Hodlnaut’s newly launched iOS app now supports token swaps  

Singapore, September 3, 2021 –  Hodlnaut, a cryptocurrency borrowing and lending platform based in Singapore, released the Token Swap feature on its iOS app today. The release was announced soon after the launch of Hodlnaut’s iOS app to help users swap tokens from the convenience of their iPhones.

The Hodlnaut iOS App was long-awaited and finally launched on August 11, 2021. The application supports deposit and withdrawal of cryptocurrencies, identity verification, and now token swap functionality. 

With the Token Swap feature, users can save up on the double costs associated with swapping a token in two steps. It enables users to swap tokens quickly without any additional fees. 

“The Token Swap feature is now available on our newly launched iOS App and allows users to swap tokens with a single tap on their iPhones,” said Juntao, CEO and Co-Founder of Hodlnaut. “This additional functionality on the iOS app will make swapping tokens all the more easy,” he added. 

Besides token swap, users can check their asset holdings, pending interest payout, and interest statements on the iOS app. Users can also withdraw and deposit funds at the convenience of their iPhones. To ensure security, the application is protected with a pin and face identification. The Hodlnaut iOS app is available for download on the Apple App Store and enables hassle-free cryptocurrency transactions. 

About Hodlnaut

Hodlnaut is a cryptocurrency interest-earning platform that provides innovative financial services for individual investors who can lend their cryptocurrencies to vetted institutions and earn interest on them. Founded by bitcoin maximalists Juntao Zhu and Simon Lee in April 2019, Hodlnaut has grown leaps and bounds over the years. The platform supports six crypto assets: BTC, ETH, DAI, USDC, USDT, and WBTC and offers up to 7.25% APY with its Hodlnaut Crypto Interest Account.

Hodlnaut 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). Hodlnaut is a certified Fintech by the Singapore Fintech Association, an accreditation recognized by the MAS (Monetary Authority of Singapore).

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.