Hodlnaut, a Singapore-based crypto-lending platform, will collaborate with Okcoin, a cryptocurrency exchange in the U.S. to roll out new offerings for their customers.
The lending platform has announced that this latest partnership would enable both Hodlnaut and Okcoin users to buy cryptos and earn rewards on their virtual asset holdings.
Hodlnaut said that its users are already familiar with Okcoin and are using it as a fiat on-ramp solution to convert Singaporean dollars to either Bitcoin or Ether.
“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,” Khairi Azmi, Okcoin Singapore’s general manager, said.
New offerings
According to Hodlnaut, its users will have the opportunity to earn $10 in BTC if they sign up on its platform and complete Know Your Customer (KYC) and trading requirements. Okcoin users that will sign up for Hodlnaut will also be able to get a bonus in fiat.
Hodlnaut and Okcoin
Hodlnaut is a Singapore-based fintech startup that provides financial services to both individual investors and crypto enthusiasts.
Hodlnaut was founded by Juntao Zhu and Simon Lee as part of their desire to provide alternative solutions for “hodlers” and help them grow their digital assets.
It quickly became one of the fastest-rising startups, not just in Singapore but also in Asia, and many analysts agree that it has the massive potential to grow even further.
Okcoin was established in 2013 by Star Xu (who has previously worked at Yahoo and Alibaba). The crypto exchange is one of the oldest and biggest cryptocurrency-based exchanges in the world. It is currently headquartered in New York City and is serving more than 100,000 investors in 180 countries.
Image courtesy of Cointelegraph News/YouTube
Source: https://bitcoinerx.com/bitcoin/hodlnaut-and-okcoin-are-partners-for-an-innovative-project/
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