- OKCoin teamed up with Singapore-based crypto lending platform Hodlnaut
- Specifically, the partnership will allow IOST to boost NFTs and blockchain gaming.
OKCoin and Hodlnaut are joining forces to drive adoption and crypto transactions among users. Hodlnaut announced the news on Wednesday. Specifically, the partnership would allow its users and those on Okcoin to buy crypto. Also, earn rewards on their holdings.
In addition, the team highlighted that Singapore-based users already use Okcoin. Users use the firm’s features as a fiat on-ramp solution to go from the Singapore dollar to Bitcoin (BTC) and Ether (ETH). Regarding this, Khairi Azmi, General Manager at OKCoin, said,
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 will earn $10 in Bitcoin worth roughly 0.00022 BTC at press time. Not to mention that users will get the rewards just for signing up for the platform and fulfilling KYC and trading requirements. What is more, OKCoin users signing up for Hodlnaut will also earn a bonus in fiat.
OKCoin is one of the world’s oldest crypto exchanges that has expanded to serve users worldwide.