Cryptocurrency buying and selling platform crypto.com set new data final month as Bitcoin and different cryptocurrencies rallied
Crypto.com revealed that it set new data final month as the final cryptocurrency market rallied. In a weblog submit revealed on 1 February, the crypto buying and selling platform mentioned it achieved new all-time highs (ATH) by way of month-to-month person registrations, transactions, commerce volumes and income. It additionally skilled a surge in social media followers as extra individuals are changing into enthusiastic about shopping for and promoting cryptocurrencies.
In line with the cryptocurrency alternate, the excessive buying and selling volumes, transactions and income got here as BTC set file highs. BTC raced to a brand new ATH of $41,962 whereas different altcoins had additionally adopted swimsuit.
The data trickled into Crypto.com’s social media, with the corporate’s Telegram group now housing over 100,000 members and its Twitter deal with has over 300,000 followers. The elevated consideration resulted within the Crypto.com app changing into the second most downloaded cryptocurrency app globally in 2020. Crypto.com recorded over 5.5 million downloads globally final 12 months, solely behind Coinbase, which had 7.9 million downloads.
Asides from the file numbers for its cryptocurrency alternate, the corporate made some high-profile partnerships that may assist to increase its market within the crypto house. The corporate partnered with Bookings.com, a web-based flight, automotive rental and property itemizing platform. Crypto.com customers are set to get pleasure from practically 5% off on Reserving.com’s 28 million lodging listings.
The Crypto.com Visa Card was additionally recognised as one of many main accomplice platforms by Visa. The funds large is seeking to increase its presence within the cryptocurrency house, and Crypto.com is likely one of the main companions it has within the business.
Crypto.com provides new providers
The versatile cryptocurrency firm can also be venturing into new areas resembling Crypto-Lending. With this function, customers can deposit cryptocurrencies as collateral and obtain an instantaneous mortgage. The loans have versatile phrases and provide low-interest charges.
As per the location, new Crypto.com members will now get pleasure from 0% credit score/debit card charges on all crypto purchases carried out throughout the first 30 days of becoming a member of the platform. The low cost might assist entice new members to the platform.
Crypto.com’s report additionally contained a variety of different bulletins, such because the addition of recent cryptocurrencies on the platform, new deposit and withdrawal tokens, new USDC buying and selling pairs, modifications within the default homepage and extra.
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