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 printed on 1 February, the crypto buying and selling platform mentioned it achieved new all-time highs (ATH) in phrases of month-to-month consumer registrations, transactions, commerce volumes and income. It additionally skilled a surge in social media followers as extra individuals are changing into in shopping for and promoting cryptocurrencies.
According to the cryptocurrency change, the excessive buying and selling volumes, transactions and income got here as BTC set document highs. BTC raced to a new ATH of $41,962 whereas different altcoins had additionally adopted go well with.
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 in 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 document numbers for its cryptocurrency change, the corporate made some high-profile partnerships that may assist to increase its market in the crypto area. The firm partnered with Bookings.com, a web based flight, automotive rental and property itemizing platform. Crypto.com customers are set to get pleasure from almost 5% off on Booking.com’s 28 million lodging listings.
The Crypto.com Visa Card was additionally recognised as one of many main companion platforms by Visa. The funds big is seeking to increase its presence in the cryptocurrency area, and Crypto.com is without doubt one of the main companions it has in the trade.
Crypto.com gives new companies
The versatile cryptocurrency firm can be venturing into new areas reminiscent of Crypto-Lending. With this characteristic, customers can deposit cryptocurrencies as collateral and obtain an prompt mortgage. The loans have versatile phrases and provide low-interest charges.
As per the positioning, 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 new cryptocurrencies on the platform, new deposit and withdrawal tokens, new USDC buying and selling pairs, modifications in the default homepage and extra.