{"id":99046,"date":"2024-11-06T21:37:20","date_gmt":"2024-11-07T01:37:20","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=99046"},"modified":"2024-11-06T21:40:49","modified_gmt":"2024-11-07T01:40:49","slug":"crypto-com-introduces-financial-services","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/crypto-com-introduces-financial-services\/","title":{"rendered":"Crypto.com Introduces Financial Services, Rewards Program"},"content":{"rendered":"\n

Over the upcoming year, Crypto.com plans to expand its services to include stock trading, banking, and credit cards<\/a>.\u00a0
<\/p>\n\n\n\n

\"Crypto.com
Crypto.com Introduces Financial Services, Rewards Program<\/figcaption><\/figure>\n\n\n\n

This major expansion was announced today by Crypto.com as part of their new Level Up rewards program. <\/p>\n\n\n\n

The website, which is situated in Singapore, wants to serve as a one-stop shop for traditional and cryptocurrency finance\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>. <\/p>\n\n\n\n

Benefits on bank deposits, cash balances, and purchases made with the new Crypto.com credit card are all part of the Level Up program's progressive rewards system.
<\/p>\n\n\n\n

\n

Coming back to our roots of building with the community and for the community: here's our public roadmap for 2025.

It covers key releases across crypto, stocks, banking and cards, all with heavy incentives with our Level Up program.

Let me know what you think #crofam<\/use><\/svg><\/span><\/a>. https:\/\/t.co\/PQGZSyj5fb<\/use><\/svg><\/span><\/a><\/p>— Kris | Crypto.com (@kris) November 6, 2024<\/use><\/svg><\/span><\/a><\/blockquote>

Among the main advantages are rewards of up to 8% on credit card purchases and up to 7.5% on idle cash balances during the first year. <\/p>\n\n\n\n

With this initiative, Crypto.com aims to draw customers by offering various financial services<\/a> in a single app. <\/p>\n\n\n\n

Crypto.com CEO Kris Marszalek said on X that with this portfolio, the company can handle “day-to-day banking and cards” and “be able to onboard millions of new users\u2026 even in down markets.”\u00a0<\/p>\n\n\n\n

Defi Entering TradFi Systems\u00a0<\/h2>\n\n\n\n

For those unfamiliar with cryptocurrency, here is a breakdown: Cryptocurrency is typically held by individuals for investment purposes or digital value transfers. <\/p>\n\n\n\n

However, websites like Crypto.com and Coinbase increasingly bridge the gap with traditional finance by providing banking and stock trading services within the same ecosystem. <\/p>\n\n\n\n

Crypto.com is integrating high-interest cash balances, banking accounts, and stock trading<\/a> into a single app through partnerships with banks and brokerages. <\/p>\n\n\n\n

With the help of Level Up's generous payouts, Crypto.com hopes to expand its customer base and offer a smooth financial experience on a single platform by fusing traditional financial services with cryptocurrency.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Over the upcoming year, Crypto.com plans to expand its services to include stock trading, banking, and credit cards.\u00a0 This major expansion was announced today by Crypto.com as part of their new Level Up rewards program. The website, which is situated in Singapore, wants to serve as a one-stop shop for traditional and cryptocurrency finance . […]<\/p>\n","protected":false},"author":43,"featured_media":99047,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32],"tags":[1406,1360,22693],"class_list":["post-99046","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-exchange-news","tag-crypto-exchange","tag-crypto-com","tag-financial-services"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1730939662011.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/99046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=99046"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/99046\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/99047"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=99046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=99046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=99046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}