Crypto Guide FAQs
Cryptocurrencies are complex, ever evolving digital assets that require a significant learning curve to fully understand. As part of our commitment to Defi and crypto, we keep on top of the industries leading tips.
Hodlnaut is a Singapore-based platform that provides innovative financial services for individual investors who can earn interest on their cryptocurrencies. Founded by Bitcoin maximalists Juntao Zhu and Simon Lee in April 2019, Hodlnaut has grown tremendously over the years. Fun Fact: Our name is a combination of HODL and Astronaut! HODL is a common slang in the cryptocurrency community, where it depicts an act of holding the cryptocurrency, in good times and bad, rather than selling it.
Why do people borrow from Hodlnaut?
The partners who borrow from us mostly use it as a hedge against the Bitcoin prices or market-making on their platform/exchange. Some of our partners also approach us for liquidity. Their needs mostly depend on their business functions.
How do I create an account?
To create an account, you can sign up via our web app, iOS app, or Android app. You will need to complete our account verification (KYC) process and get approved before you can start depositing with us. You may sign up for an account here:
Why should I trust you with my cryptocurrency assets?
As with any investment, we recommend all prospective users to form their own opinion when it comes to investing and the risk involved. Feel free to look through our demo platform, FAQs section and guides to understand Hodlnaut better. If you have further questions or concerns, you may reach us at support@hodlnaut.com.
What cryptocurrencies does Hodlnaut support?
We are currently accepting deposits in BTC, ETH, WBTC, USDC, USDT, DAI and PAXG.
Is Hodlnaut’s borrowing and lending services regulated by the MAS?
Kindly note that the DPT borrowing and lending services provided by the Company are not regulated by the MAS under the Payment Services Act 2019.
