Hodlnaut, a crypto lending and interest-earning platform based in Singapore, has announced its first-ever partnership with a US crypto exchange, Okcoin.
The strategic collaboration positions Hodlnaut as the first CeFi platform to partner with the American crypto exchange, and aims to allow users from both platforms to easily purchase cryptocurrencies and earn attractive returns on their assets. Okcoin is also Hodlnaut’s preferred fiat on-ramp solution especially for BTC/SGD and ETH/SGD pairs, as this would allow Singapore users to generate yield on the two largest crypto assets in their local currency.
“We are excited to be teaming up with Okcoin as part of our commitment to offer users the best possible experience and to drive strategic collaborations within the crypto space. I believe this partnership will benefit users as they would now be able to trade and earn a greater yield on their crypto assets,” said Juntao, CEO and Co-Founder of Hodlnaut.
Okcoin is known to be the fastest-growing US fiat-to-crypto exchange that is globally licensed with offices in San Francisco, Malta, Singapore and Japan. The platform enables investors to buy and trade 29 of their supported crypto assets.
“We are extremely excited to collaborate with Hodlnaut. Our collaboration is aligned with our mission to make crypto investing and trading easily accessible to anyone around the world. We are building the next generation of tools to help onboard the investors and traders who have been on the fence about crypto. We believe that this partnership will contribute positively to the crypto ecosystem for consumers not only in Singapore but also to the 190+ countries Okcoin serves,” said Khairi, General Manager of Okcoin Singapore
Starting from 15 September, Hodlnaut users will be able to earn $10 in BTC when they create an account, deposit and trade with Okcoin. To be eligible for this promotion, please take note of the following key requirements:
- KYC Level 3 identity verification must be completed
- Deposit and trade a minimum of $500 with the newly created Okcoin account
Meanwhile, Okcoin users can earn a $20 sign-up bonus if they deposit a minimum of $1000 worth of crypto in a single transaction within 1 week of their first deposit. Bonus will be paid out in the same asset class as the qualifying deposit and KYC is mandatory to be eligible for the bonus.