Earn PAXG

Q: Who are we?

Hodlnaut is a Singapore-based platform that provides innovative financial services for individual investors who can earn interest on their cryptocurrencies. Founded by Bitcoin maximalists Juntao Zhu and Simon Lee in April 2019, Hodlnaut has grown tremendously over the years. Fun Fact: Our name is a combination of HODL and Astronaut! HODL is a common slang in the cryptocurrency community, where it depicts an act of holding the cryptocurrency, in good times and bad, rather than selling it.

Q: Why do people borrow from Hodlnaut?

The partners who borrow from us mostly use it as a hedge against the Bitcoin prices or market-making on their platform/exchange. Some of our partners also approach us for liquidity. Their needs mostly depend on their business functions.

Q: How do I create an account?

To create an account, you can sign up via our web app or our iOS app. You will need to complete our account verification (KYC) process and get approved before you can start depositing with us. You can sign up for an account here: https://app.hodlnaut.com/signup

Q: How is interest paid?

Interest earned is credited directly to your Hodlnaut account. The interest is calculated at the end of every day, and is credited to your account every Monday, 5PM (GMT +8).

Q: How do we determine the interest rates?

Interest rates are evaluated based on market demand and our earnings from the previous month. While Hodlnaut aims to keep interest rate stable, it is subject to change.

Q: Why should I trust you with my cryptocurrency assets?

As with any investment, we recommend all prospective users to form their own opinion when it comes to investing and the risk involved. Feel free to look through our demo platform, FAQs section and guides to understand Hodlnaut better. If you have further questions or concerns, you may reach us at support@hodlnaut.com.

Question 1

How does PAXG make money?

Answer

You can earn interest on Paxos Gold simply by depositing PAXG into your Hodlnaut Interest Account, where you can earn up to 1.00% APY paid every Monday at 5 P.M. (GMT +8) into your account.

Question 2

Is PAXG a good investment?

Answer

Yes, the Paxos Gold project enables investors to acquire gold by purchasing their PAXG tokens easily. Furthermore, the token is backed 1:1, meaning 1 PAXG is equivalent to 1 troy ounce of gold.

Question 3

How do you get Paxos Gold?

Answer

PAXG can be brought directly from the Paxos Gold website, via crypto exchange Kraken, or by purchasing Ethereum and exchanging it for PAXG on Coinbase.

Question 4

How is my Paxos Gold interest calculated?

Answer

Hodlnaut calculates interest rates on PAXG every day, and currently, you can earn up to 1.00% APY if you invest PAXG in the Hodlnaut Interest Account. The interest is paid each Monday at 5 P.M. (GMT +8).

Question 5

How is Paxos Gold interest paid?

Answer

Your PAXG interest is paid into your Hodlnaut Interest Account every Monday at 5 P.M. (GMT +8). You can receive your interest in any of our supported digital currencies thanks to Hodlnaut’s Preferred Interest Payment feature. For example, you can deposit PAXG and receive interest payments in Bitcoin.

Question 6

How do I deposit PAX?

Answer

First, you must open a Hodlnaut Interest Account and follow the verification process. Once that is completed, you must locate and click the “Deposit/Withdrawal” tab. Select PAXG from the drop-down menu, and you’ll have found your unique wallet address. From here, completing your deposit is easy, and all you need to do is copy your unique wallet address and paste it into the exchange from where you’re sending your PAXG. Alternatively, you can scan the QR code on the exchange that contains your address to begin the transfer. You’re free to send any amount of PAXG from your wallet to your Hodlnaut Interest Account. As soon as you send over PAXG into your Hodlnaut Interest Account, you immediately earn interest once the transaction is confirmed on the network.

Question 7

How many PAXG coins are there?

Answer

There are 333,661 PAXG coins in circulation, with a market cap of $579,671,773.

Question 8

What is PAXG backed by?

Answer

As a project that aims to create more significant opportunities for investors to buy into the gold market, PAXG is backed by gold itself at a rate of 1:1. This means 1 PAXG token is equivalent to 1 fine troy ounce of gold.

Earn PAXG

Grow PAXG without trading

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BTC

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1 year (s)

Compound interest, earn more PAXG everyday

Highest security

Insured custody

Low Withdrawal Fees

Asia and global accounts

In Held Assets

Users

Supported Assets

How a PAXG Interest account works

Deposit your PAXG into your account

PAXG grows with compound interest

Receive payouts in PAXG and store or withdraw

Earn up to 7.25% APY!

Low Fees

No Lock-ins

Compounded Interest

Weekly Payouts

PAXG Interest Account FAQs

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