Hodlnaut's Season of Giving Campaign Continues With the Launch of Holiday Airdrop 2.0

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The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

Enjoying the festivities of the holiday season is indeed more exciting when there are ways for us to earn passive income without having to actively manage our accounts. Staking, mining, or gaining interest on cryptocurrencies has become increasingly popular as more individuals have access to the advantages of passive crypto gains.

Simply buying and holding crypto like Bitcoin (BTC), Ethereum (ETH), and many others, is the most widely known aspect of crypto. However, earning passive interest and income from holding these assets can bring monetary gains even while doing nothing but sipping eggnog by a fire.

In the holiday spirit, cryptocurrency interest-earning platform Hodlnaut continues its Season of Giving campaign with the 2nd iteration of the Holiday Airdrop program. From Nov. 25 to Jan. 2 users who have yet to make a deposit with Hodlnaut can earn a $20 bonus in kind when they deposit a minimum of $500 worth of supported crypto assets during the campaign period.

The company divides the qualification process for its Holiday Airdrop 2.0 program into 2 subsets: those who have not signed up and those who have already passed the KYC verification process but have yet to deposit. Here is a step-by-step guide on the qualification process for each subset.

If Users Have Not Previously Signed Up:

1. Sign up for a Hodlnaut account. Users can do so via the website, iOS and Android App, or any referral link. 
2. Complete the mandatory know-your-customer (KYC) verification process. 
3. Make a qualifying deposit of $500 or more in supported crypto assets to the account during the campaign period to be eligible for the $20 bonus. 

If Users Have Already Passed KYC Verification But Have Not Deposited:

• Deposit a minimum of $500 or more in supported crypto assets during the campaign period to be eligible for the $20 bonus.

Things to Note About the Holiday Airdrop 2.0:

1. New users must pass the KYC verification process and deposit before Jan. 2.
2. New users who deposit outside of the campaign period will not be eligible for the bonus.
3. New users are allowed to make a test deposit of any amount prior to the qualifying deposit of $500.
4. The bonus of $20 in kind will be credited to eligible users’ accounts once the qualifying deposit is completed. 
5. The KYC verification procedure will take 3 to 5 working days to be processed. All users are encouraged to complete the KYC procedure as soon as possible to account for processing time.
6. The Holiday Airdrop 2.0 is subject to Hodlnaut's terms of use, which is subject to change. 

New users will also be allowed to stack this bonus payout with Hodlnaut’s default referral program when they sign up with their friend’s referral link. With the referral program, new users can receive a $20 sign-up bonus when they make a 2nd deposit of $1,000 in a single transaction within 1 week of the 1st $500 deposit. 

Here Are 3 Ways To Stack the 2nd $20 Payout From the Referral Program:

1. New users who opt to make a test deposit will need to deposit $1,000 in a single transaction within 1 week from the test deposit. This means that both deposits of $500 and $1,000 must be made 1 week from the test deposit to be eligible for both bonus payouts. 
2. New users who decide not to make a test deposit and immediately deposit $500 in the 1st single transaction will need to make a 2nd deposit of $1,000 within 1 week from the 1st deposit of $500 to be eligible for the 2nd bonus payout. 
3. Alternatively, new users can deposit $1,500 worth of supported crypto assets in a single transaction to receive both $20 bonus payouts.

Further details about the program are available here. 

About Hodlnaut

Hodlnaut is a crypto-based interest and loan financial services company with a mission to help investors get the most out of their cryptocurrency investments. Hodlnaut provides investors with some of the reportedly most competitive interest rates in the cryptocurrency world, some of which amount to an annual percentage yield (APY) of up to 12.73%.

Instead of building exchanges like Coinbase Global Inc. COIN or running mining operations like Marathon Digital Holdings Inc. MARA, Hodlnaut is a company focused on creating safe, passive income streams for cryptocurrency investors.

With more than 10,000 users and $500 million in assets, Hodlnaut aims to become the 1st regulated entity in Singapore in the crypto lending and borrowing space and is undergoing the license application process under the Payment Services Act of 2019.

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.