In preparation for the launch of one-click access to DeFi, the CEX.IO exchange is adding core project tokens and offering instant, fee-free Visa deposits.
CEX.IO, one of the leading international crypto exchanges, announces plans to enter the Decentralized Finance (DeFi) market. In preparation, CEX.IO is adding core DeFi tokens to its platform and offering its customers instant, fee-free Visa card deposits for a limited time.
The ultimate goal of the UK-based company is to provide CEX.IO customers with one-click access to DeFi’s most popular solutions and operations, including loans, lending and pharming, in the near future.
CEX.IO adds the following DeFi core app tokens:
Compound Finance (COMP)
Curve DAO Token (CRV)
Wrapped Bitcoin (WBTC)
Cream Finance (CREAM)
Adding tokens to the CEX.IO platform provides benefits to various participants in the cryptoasset market. Crypto enthusiasts will be able to interact with the growing $ 10 billion DeFi market, and current participants will be able to exchange tokens to hedge risks, strengthen positions and lock profits. Moreover, the involvement of the international community of CEX.IO users – over 3 million customers – diversifies the participants in the DeFi industry.
To make it easier to get to know the DeFi market and to show that it is serious, CEX.IO is offering its users instant, commission-free Visa deposits for a limited period until the end of September. In addition, CEX.IO users can use their balance to trade not only newly added DeFi tokens, but any other assets on the platform.
DeFi offers a variety of ways to participate in an open financial system. Many projects with high valuations, which appeared in a short time and collected an impressive amount of capital, show that there is interest. But engaging in the DeFi economy itself remains technically challenging. Our role is to remove these obstacles, ”comments Alexander Lutskevich, founder and CEO of CEX.IO.
The CEX.IO exchange has already shown a move towards decentralized finance, recently expanding its ecosystem with new solutions. Earlier in September, the UK-based company launched the CEX.IO Loan program , which allows its international audience to take instant credit secured by crypto assets without going through a credit check. In January, CEX.IO introduced its staking service: through the CEX.IO Staking service , exchange clients can receive rewards by keeping crypto assets in wallets on the exchange. Users of this service receive rewards in the form of automatic payments for nine different cryptocurrencies.