Why Investing in Stablecoins is a Great Move: Earn up to 9.41% Interest with Hodlnaut

The world of cryptocurrency is rapidly expanding, and the number of stablecoins available continues to grow. While some people are wary of cryptocurrencies in general, they’re missing out on an opportunity to invest in what could be a huge industry—one that’s likely to continue growing for years to come.

One reason why investing in stablecoins makes sense is because these coins offer higher interest rates than traditional currencies. If you’re looking for a safe place to keep your money, then a stablecoin might be worth considering.

The second reason why investing in stablecoins makes sense is because it provides the opportunity for greater returns than other types of investments. You’ll find that by investing in a stablecoin as an alternative to the share market or a bank savings account, you could potentially get more bang for your buck.

One such platform that offers a high-interest rate on stablecoins is Hodlnaut!

What is Hodlnaut?

Hodlnaut is a cryptocurrency lending and borrowing platform launched by co-founders Juntao Zhu and Simon Lee. It’s based in Singapore and backed by Antler, one of the world’s most recognized venture capital firms.

Creating a Hodlnaut Interest Account is easy and you can do so by visiting Hodlnaut’s website. You’ll need to complete the KYC (know your customer) verification process before you can access all the features offered by Hodlnaut.

Here’s a rundown of the platform’s popular offerings:

• Token Swap: Hodlnaut’s token swap functionality allows users to swap assets seamlessly between the cryptocurrencies supported by the platform.

• Preferred Interest Payout: The platform allows you to earn interest in the cryptocurrency of your choice. Just deposit any cryptocurrency from the supported assets (BTC, ETH, USDT, DAI, USDC and WBTC) and choose to earn interest in the asset of your choice.

• Fixed Term Deposit: With Hodlnaut’s new Fixed Term Deposit feature, you can lock up your cryptocurrency for 30, 90, or 180 days and earn high-interest rates. The longer you keep your cryptocurrency in the account, the more interest you can earn.

The innovative features and products of Hodlnaut are backed by the idea of enabling hodlers in making the most of their cryptocurrencies, which also aligns with the mission of the company.

What are the Interest Rates Offered by Hodlnaut?

Hodlnaut offers up to 9.41% APY and supports six cryptocurrencies on its interest-earning platform. The assets supported are BTC, ETH, USDC, USDT, DAI and WBTC.

What about Hodlnaut’s Legal Compliance?

Hodlnaut is a certified Fintech by the Singapore Fintech Association, an accreditation recognized by the MAS. The organization has also recently received an in-principle approval (IPA) for a Major Payment Institution License in Singapore from the Monetary Authority of Singapore (MAS) under the Payment Services Act (PS Act) for its Token Swap feature.

How Secure is Hodlnaut?

While investing your cryptocurrency in a platform, it is quite natural to question the safety of your funds. Hodlnaut takes several security measures to ensure that the platform is safe. For instance, it has a secure cloud infrastructure on AWS and requires two-factor authentication as well as address whitelisting to protect your funds from hacks. Hodlnaut also doesn’t use any hot wallets and uses password hashing as well as SSL encryption on the platform.

Is Your Investment Safe with Hodlnaut?

As long as potential risks are concerned, you can rely on Hodlnaut as it makes sure to minimize the counterparty risk by maintaining LTVs of 70% or lower. With all the safety measures in place, your investment is secure with Hodlnaut. Furthermore, the platform provides exceptional customer support in case you face any issues (Trustpilot rating 4.8/5).

Thus, if you are looking to maximize your crypto interest earnings by investing in stablecoins, then Hodlnaut is a great option as it offers one of the highest interest rates on stablecoins in the market.

Editorial Note: This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.