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US and Singapore companies collaborating on a new project

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Okcoin was founded in 2013 and is the world’s oldest crypto exchanges

Singapore-based crypto lending platform Hodlnaut is going to partner with United States crypto exchange Okcoin in an effort to increase adoption and crypto transactions among users. On Wednesday, Hodlnaut said that partnership would lets its users and those on Okcoin to buy crypto and earn rewards on their holdings. The lending platform said Singapore-based users have used Okcoin as a flat on-ramp solution to go from the Singapore dollar to Bitcoin (BTC) and Ether (ETH).

“We are building the next generation of tools to help onboard the investors and traders who have been on the fence about crypto,” said Okcoin’s Singapore general manager, Khairi Azmi. “We believe that this partnership will contribute positively to the crypto ecosystem for consumers.” Based on the announcement, Hodlnaut users will get a chance to earn $10 in Bitcoin which is 0.00022 BTC at the time of publication based on a price of $44,524 for signing up for the platform and completing the know your customer and trading requirements. Okcoin users signing up for Hodlnaut will let you earn a bonus in fiat. 

Okcoin was founded in 2013 and is the world’s oldest crypto exchanges and has developed to serve users in more than 190 countries. Even though its headquarters are in the United States, Okcoin moved into Singapore in 2020 which allowed customers to trade Singapore dollar pairings for BTC and ETH.

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