If you visit Publish0x regularly, you would have been inundated with the flood of recent posts reviewing Hodlnaut, a Singaporean start-up which ventured into the cryptolending scene in 2019. This suggests that the social media team has been hard at work in terms of converting potential leads to customers. Kudos to them for not being scared of the giants like Nexo and for actively expanding their brand presence.
But at the end of the day, you will ask yourself, are the lucrative interest rates and attractive referral programs offered by Hodlnaut for real?
Here, I will like to put your worry to rest by narrating how I benefitted from its latest referral program.
I was pleasantly surprised yesterday to come across an email that stated how I was awarded $40 USDC because I managed to get one active referee to sign up, deposit $1000 worth of digital assets and complete his KYC within the referral period.
Without hesitation, I used the Token Swap to convert the USDC to ETH. I kept part of the ETH but transferred the bulk to my Gemini account.
As you can see from the picture below, the purpose of me transferring the ETH to Gemini was to convert it to Singapore dollars and then withdraw it to my old-school bank account. I decided to use this USDC reward to make a contribution towards my tax-deferral retirement savings account.
I mean, crypto may be the future, but I got to fend for myself in the here and now, right?
So the conversion from USDC to SGD dollars and transfer to this retirement savings account took less than 30 minutes.
Hodlnaut delivers what it promises. If you are inclined to try it for yourself, here’s my referral link:
If I were to use @hodlnautdotcom to teach adjectives and alliteration to my students, I guess nothing else but Hopeful will fit the bill. Why Hopeful Hodlnaut? Well, it constantly shakes things up so much with its referral program.