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Hodlnaut, a Singapore-based crypto lending company, has partnered with OKCoin.IOST will be able to boost NFTs and blockchain games as a result of the agreement. OKCoin, a crypto exchange based in San Francisco, has linked up with Singapore-based crypto loan platform Hodlnaut.
Together, OKCoin and Hodlnaut will increase the number of crypto transactions among users. It was announced on Wednesday by Hodlnaut. That means its users and those on Okcoin will be able to acquire crypto. Earn incentives on their assets as well as on their investments in the company.
The developers also noted that Okcoin is already used in Singapore. These features allow users to switch from the Singapore dollar to Bitcoin (BTC) and Ether via a fiat on-ramp (ETH). OKCoin’s General Manager Khairi Azmi commented on this.
‘’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.’’
According to reports, Hodlnaut users would get $10 in Bitcoin, which is approximately 0.00022 BTC at the time of publication. Not to mention that users will receive rewards simply for joining up for the site and meeting the KYC and trading requirements. Furthermore, OKCoin users who sign up for Hodlnaut will receive a fiat bonus. OKCoin is one of the world’s oldest cryptocurrency exchanges, with a global user base.