Hodlnaut cited bearish market conditions that cause liquidity issues. Cryptocurrency lending platform Hodlnaut has frozen withdrawals deposits and token swaps because of difficult market conditions the firm said on Monday.
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. Crypto lending firm Hodlnaut announced they would be suspending withdrawals due to recent market conditions. All withdrawals deposits and token swaps including borrowing and lending have been suspended. For the avoidance of doubt Hodlnaut will also cease all borrowing and lending services.
The company said this difficult decision was so it can focus on stabilising its liquidity and preserving assets. We already got totaled on the lunaust thing you guys gotta make sure we get hurt even worse. The company said Monday that the decision was due to recent market conditions and.
We are actively working on the recovery plan that we hope to provide updates and details on as soon as permissible. On August 8 the crypto exchange and lending platform Hodlnaut announced that the company has paused withdrawals token swaps and deposits. It allows users to earn up to a maximum of 105 APY on their crypto holdings.
Holdlnaut is a crypto lending and borrowing platform that was founded. Hodlnaut a Singapore-based crypto platform has halted all withdrawals token swaps and deposits effective immediately. Welcome to Hodlnaut kindly loginsignup to the best crypto interest account with your registered email id.
Our mission is to help individual investors get the most out of their cryptocurrencies. They also announced they would be withdrawing their license application with the Monetary Authority of Singapore and that Hodlnaut is therefore no longer providing regulated digital payment token DPT services ie our token swap feature. The two largest cryptocurrencies bitcoin and ethereum have tumbled more than 60 percent since their 2021 peaks.
Hodlnaut joins a slew of crypto firms that have frozen. Hodlnaut a Singapore-based crypto currency lender and borrower has suspended withdrawals swaps and deposits the company said on Monday the latest sign of stress in the cryptocurrency industry. At Hodlnaut our mission is to help individual investors get the most out of their cryptocurrencies.
Hodlnaut is therefore no longer providing regulated digital payment token DPT services ie our token swap feature. Hodlnaut support six core assets BTC DAI ETH USDC USDT and WBTC. Hodlnaut is one of several Asian crypto firms to have been hit by the rout in crypto that has wiped 2 trillion from the digital assets market.
We take pride in providing you with the best competitive rates while committing to always exceed your expectations. As Featured in the News. Swapping luna2 for wbtc getting 60ish of the value of the luna2.
Cryptocurrency lender Hodlnaut is the latest firm to respond to tumultuous market conditions by halting withdrawals via CoindeskIn a post on its website the Singapore-based company announced. Hodlnaut has become the latest cryptocurrency lending firm to succumb to the stiff effect of the recent crypto winter. Deposit your crypto and start earning immediately with no lock-in periods or minimum deposits.
Watch your crypto grow with our weekly Monday payouts to your Hodlnaut wallet. Hodlnaut is a Singapore-based cryptocurrency borrowing and lending platform founded in April 2019. Singapore-based crypto lender Hodlnaut became the latest in a string of digital-assets firms to halt withdrawals.
The Singapore-based firm which was. SINGAPORE - Singapore-based crypto lender Hodlnaut which on Monday Aug 8 froze withdrawals and withdrew its application for a licence to provide digital payment token services here will not be. It added that it has informed the.
Angel GarciaBloomberg Singapore-based cryptocurrency lender Hodlnaut has paused. HODLNAUT will be halting withdrawals token swaps and deposits with immediate effect the crypto platform said in a statement on Monday Aug 8. Hey Hodlnaut 30 swap fees are too much.
Quick Overview of Hodlnaut. In an announcement on Monday the Singapore-based company said its suspending all services immediately due to the recent market conditions. Hodlnaut a Singapore-based cryptocurrency lending platform announced the suspension of withdrawals on Monday.
The Hodlnaut Crypto Interest Account lets you earn interest on crypto with up to 725 APY.
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