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18 May
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Cryptocurrency payment platform Crypto.com has announced the launch of two new key products to their consumer finance product line: Crypto Credit and Crypto Earn.

Crypto.com Launches Crypto Credit & Crypto Earn Products
PR Newswire

According to an official announcement, Crypto Earn will give users "the freedom to grow their crypto assets" and profit up to 8% p.a. interest, while Crypto Credit will give users spending power by enabling them to instantly get a loan by depositing crypto (initially Bitcoin) as collateral.

The Co-Founder and CEO of Crypto.com, Kris Marszalek, claims Crypto Earn offers "the most attractive interest rates" in the cryptocurrency market today.

"With the MCO Visa Card and Crypto Credit, we are uniquely positioned to do it while maintaining sustainable unit economics. MCO Visa Card, Crypto Earn, and Crypto Credit together form a powerful product suite that nobody else in the industry has today," Marszalek highlighted.

Last year, the company announced an appointment of former PayPal's Executive Director Tyson Hackwood to the leadership team as Senior Vice President.

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