Crypto.com, a leading cryptocurrency exchange, has launched a new product called Earn Plus. This new offering is part of Crypto.com’s revamped Crypto Earn program and aims to provide a more beneficial experience for users.
What’s New in Crypto.com’s Earn Plus?
Earn Plus offers a simplified reward structure and higher allocation limits. Through the Crypto.com App, users can now access generous yields on stablecoins and enjoy the benefits of higher allocations. The new program eliminates the tiered rewards system and applies a single rate to the principal amount, making it easier for users to track their total rewards.
One of the key features of Earn Plus is the ability for users to allocate up to $1 million for every supported Earn token. This higher limit allows users to tap into greater potential rewards.
In addition, Crypto.com’s Earn program now supports PayPal USD (PYUSD) and USDC Coin (USDC). The introduction of these stablecoins expands the range of options for users to earn interest, with rates pegged at up to 5% per annum.
The announcement of Earn Plus comes at a time when regulatory scrutiny on the crypto market is increasing, with the US Securities and Exchange Commission (SEC) cracking down on various products. By introducing this new program, Crypto.com aims to provide a competitive crypto earn solution while navigating the evolving regulatory landscape.
How can I access Earn Plus?
Earn Plus is available through the Crypto.com App. Users can download the app and navigate to the Earn section to access the new program.
What are the benefits of Earn Plus?
Earn Plus offers higher allocation limits, a simplified reward structure, and the ability to earn interest on stablecoins like PayPal USD (PYUSD) and USDC Coin (USDC).
What is the maximum allocation limit for supported tokens?
Users can allocate up to $1 million for each supported Earn token.
Is Earn Plus available globally?
Yes, Earn Plus is available to customers worldwide who have access to the Crypto.com App.
Is there a minimum deposit requirement for Earn Plus?
The specific deposit requirements for Earn Plus may vary depending on the supported tokens. Users should refer to the Crypto.com App for the latest information.
Crypto.com has introduced Earn Plus, a new feature within its Crypto Earn program. Earn Plus offers higher allocation limits and a simplified reward structure, enabling users to allocate up to $1 million for each supported token. Additionally, Crypto.com’s Earn program now supports PayPal USD (PYUSD) and USDC Coin (USDC), providing users with the opportunity to earn interest on these stablecoins. With this new offering, Crypto.com aims to enhance the crypto earn experience for its users while navigating the regulatory landscape.