2024

Defi

<p class="is-style-lead">Crypto.com is adding banking, credit cards, and stock trading services to its offerings over the next year.</p> 
<p>Crypto.com <a href="https://crypto.com/product-news/level-up" target="_blank" rel="nofollow">announced</a> this significant expansion today, all under its new Level Up rewards program. The Singapore-based platform aims to become a one-stop shop for both crypto and traditional finance.</p> 
<p>The Level Up program <a href="https://crypto.com/company-news/about-roadmap" target="_blank" rel="nofollow">offers</a> a progressive rewards structure that includes perks on bank deposits, cash balances, and spending on the new <a href="https://crypto.news/tag/crypto.com/" target="_blank">Crypto.com</a> credit card.&nbsp;</p> 
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   <p lang="en" dir="ltr">Coming back to our roots of building with the community and for the community: here's our public roadmap for 2025.<br><br>It covers key releases across crypto, stocks, banking and cards, all with heavy incentives with our Level Up program.<br><br>Let me know what you think <a href="https://twitter.com/hashtag/crofam?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#crofam</a>. <a rel="nofollow" href="https://t.co/PQGZSyj5fb" target="_blank">https://t.co/PQGZSyj5fb</a></p>— Kris | Crypto.com (@kris) <a href="https://twitter.com/kris/status/1853995702575325304?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 6, 2024</a>
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<p>Key benefits include up to a 7.5% reward on idle cash balances in the first year and up to 8% in rewards on credit card spending. With this program, Crypto.com seeks to attract users by providing a broad range of financial services under one app.</p> 
<p>With this portfolio, Crypto.com can cover&nbsp; “day-to-day banking and cards,” and “be able to onboard millions of new users… even in down markets,” CEO Kris Marszalek <a href="https://x.com/kris/status/1853996221658222908" target="_blank" rel="nofollow">posted</a> on X.</p> 
<p> You might also like: <a rel="" href="https://crypto.news/kamala-harris-parody-coin-plummets-more-than-90-after-trumps-election-win/"> Kamala Harris parody coin plummets more than 90% after Trump’s election win </a> </p> 
<h2 class="wp-block-heading" id="defi-entering-tradfi-systems">Defi entering TradFi systems&nbsp;</h2> 
<p>Here’s a breakdown for customers unfamiliar with crypto: traditionally, users hold crypto for investment or to transfer value digitally. However, platforms like Crypto.com and Coinbase are <a href="https://crypto.news/coinbase-brings-real-time-deposits-via-debit-cards-by-partnering-with-visa/" target="_blank">now building bridges</a> to traditional finance, offering services like banking and stock trading within the same ecosystem.&nbsp;</p> 
<p>Partnering with banks and brokerages, Crypto.com is bringing stock trading, banking accounts, and high-interest cash balances into a single app.</p> 
<p>By combining traditional financial services with crypto, Crypto.com aims to grow its reach and provide a seamless financial experience in a single platform, enhanced by the extensive rewards in Level Up.</p> 
<p> You might also like: <a rel="" href="https://crypto.news/coinbase-debuts-engineering-hub-in-singapore-to-empower-local-crypto-community/"> Cyprus SEC extends FTX Europe suspension to May 2025 </a> </p>

Crypto.com introduces financial services and rewards program

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