Update 3/10/22: Bonus has been reduced from $40 to $30. Hat tip to reader Davis
Contents
The Offer
- Hodlnaut (crypto interest account) is offering a $30 bonus for the referee and $30 for the referrer for depositing $1,000 and holding it for 31 consecutive days
Our Verdict
Keep in mind these accounts aren’t insured with FDIC or NCUA. There is one free withdrawal per month and that is valid for 30 days after deposit. Personally I’ll give this one a miss as there is some risk involved and I’m not that into the crypto space. Feel free to share your referrals in the comments, but only leave it once.
Hat tip to Davis
Hodlanut is done for…
“Dear Chris,
We regret to inform you that we will be halting withdrawals, token swaps and deposits with immediate effect. We have reached this difficult decision due to recent market conditions.
We understand that this is disappointing news and understand its impact on you. We would like to reassure you that this difficult decision was taken for us to focus on stabilising our liquidity and preserving assets, while we work to find the best way to protect our users’ long-term interests. We sincerely apologise for the inconvenience that this has caused you.
We would also like to inform our users that, as a result of the above reasons, we have since withdrawn our licence application with the MAS. Hodlnaut is therefore no longer providing regulated digital payment token (DPT) services, ie our token swap feature.
We are actively working on the recovery plan that we hope to provide updates and details on as soon as permissible. We are consulting with Damodara Ong LLC on the feasibility and timelines of our intended execution plan and are strategising our recovery plan with our users’ best interests in mind.
We want to address all user queries as they come in and therefore would like to focus our communication channels to email ([[email protected]](mailto:[email protected])), Twitter (@hodlnautdotcom) and Hodlnaut Telegram (https://t.me/hodlnaut). All other social media platforms will be turned off to allow us to consolidate our efforts and give accurate information promptly.
Here is our full statement, which includes a useful FAQ. https://www.hodlnaut.com/press/hodlnaut-message-to-our-users
For any further enquiries, please email us at [[email protected]](mailto:[email protected]), and we will respond soon. We seek your patience and understanding if you receive a delayed response. We will continuously add updates to https://www.hodlnaut.com/blog/news alongside regular email updates to our users.
We are immensely grateful to all of our users, past or present, for your continued support over these 3 years. We wish that the situation was different, but we are determined to find the best possible outcome for our users and will keep our valued users informed every step of the way. Our next update will be on Friday, 19 August 2022.
Best regards,
Hodlnaut Team”
Will post soon thanks https://www.doctorofcredit.com/hodlnaut-crypto-platform-halts-withdrawals/
Does anyone know whether any crypto bonuses offered by these exchanges and apps can be churned?
Davis I’ve had Cake DeFi, Celsius, Nexo, Hodlnaut, BlockFi, WeBull, eToro, Voyager, Abra, OKcoin etc… and closed all the accounts after getting the bonuses. Now I’m just wondering which of these is worth wasting time for? Are any of these confirmed to be churnable?
Referral is now $20 for depositing $500, $30 for depositing $1000, and $50 for depositing $1500 until 6/26, limit of three signups https://www.hodlnaut.com/crypto-offers/hodlnaut-lunatic-terra-bonus
Ref link: https://www.hodlnaut.com/join/AfeEXq5GG
Or use code: AfeEXq5GG
You will receive a 30 USDC sign-up bonus after depositing any supported assets worth USD1,000 in a single transaction as their first deposit or within 1 week from their first deposit. Account balance of USD1,000 must be maintained by them for 31 consecutive days. The bonus is paid out in USDC after 31 days at 4pm (GMT +8).
My referral code _Uk3ty9EB to earn 30 USDC. Deposit 1k worth of crypto and hold for 31 days.
https://www.hodlnaut.com/join/_Uk3ty9EB
Like others I signed up using a referral link below. Pretty standard crypto signup process. Since my DL address is different, they sent me a link to upload Proof of current Address eg. a utility bill and I was approved after that.
Decided to try Hodlnaut after APR dropped in Gemini and Celsius
Waited for KYC to pass for 3 days, transferred from Gemini and Celsius with free transfer
For anyone who would like to try too: referral code PnKu30Mcy
https://www.hodlnaut.com/join/PnKu30Mcy
Join Hodlnaut using my referral code p1qjlXTUg and earn 30 USDC. T&Cs apply.
https://www.hodlnaut.com/join/p1qjlXTUg
Used a link below and KYC verified in two days. Has address whitelisting and 2fa like Celsius.
Join Hodlnaut using my referral code oCnNR2Xlz and earn 30 USDC. T&Cs apply.
https://www.hodlnaut.com/join/oCnNR2Xlz
Used other users’ link below, hope someone else pays it forward as well. Thanks!
Join Hodlnaut using my referral code TtzvEQhcD and earn 30 USDC. T&Cs apply.
https://www.hodlnaut.com/join/TtzvEQhcD
Took me 2 days to get verified.
Here is my referral. Thank you for using it. If not, well… cookies!
Join Hodlnaut using my referral code yrPMY166R and earn 30 USDC. T&Cs apply.
https://www.hodlnaut.com/join/yrPMY166R