Image source: Crypto.com<\/figcaption><\/figure>\nTop-tier exchange Crypto.com has announced it upgraded its payment services with new features and more coins.\u00a0<\/p>\n
According to the exchange, this development aims to enhance users' experience, allowing them to purchase more cryptocurrencies with credit or debit cards.<\/p>\n
Notably, Crypto.com integrated a DeFi Wallet into its Crypto.com Pay in January to allow users securely and seamlessly buy crypto with their fiat cards.\u00a0<\/p>\n
Crypto.com Now Allows Users to Buy More Tokens Using Fiat Cards<\/h2>\n The Crypto.com DeFi Wallet is a non-custodial wallet that allows users to access all DeFi services in one place.\u00a0<\/p>\n
According to the Crypto.com website, the app enables users to manage over 700 tokens across 30+ blockchains.\u00a0<\/p>\n
Users can swap tokens, earn rewards, manage their NFTs, and connect with dApps with a lightening-speed.\u00a0<\/p>\n
Initially, the DeFi Wallet only supported Bitcoin (BTC), Ethereum (ETH), and Cronos (CRO).\u00a0<\/p>\n
But now they have added MATIC, USDC, and DAI with Crypto.com Pay to allow direct payment with credit or debit cards.<\/p>\n
In addition, Crypto.com Pay will support more countries in Asia, Europe, Latin America, and Australia as a payment method to buy crypto in the DeFi Wallet app.\u00a0<\/p>\n
Users in the supported countries can purchase their favorite tokens using their credit card or other existing payment methods.<\/p>\n
Using the new features, when users tap “Buy” on the DeFi Wallet's homepage and select the asset they want to buy, Crypto.com Pay will appear as a new payment method.\u00a0<\/p>\n
The app will redirect users who chose Crypto.com Pay as a preferred payment option to the Crypto.com Pay page, where they can complete their purchase with fiat cards.<\/p>\n
Besides supporting direct fiat purchases of MATIC, USDC, and DAI, the exchange listed new tokens in the DeFi Wallet app.\u00a0<\/p>\n
According to a tweet, Crypto.com has listed PEPE, LimeWire Token (LMWR), Milady (LADYS), BEAT, and Fulcrum (FUL) in the DeFi Wallet.<\/p>\n
Crypto.com Expanding Despite Significant Setbacks<\/h2>\n Crypto.com is a Singapore-based cryptocurrency exchange and one of the top-rated crypto trading platforms.\u00a0<\/p>\n
The company had over 50 million customers and 4,000 employees as of May 2022.\u00a0<\/p>\n
However, the crypto exchange witnessed several challenges, including January 2022 $15 million Ether hack, significant layoffs, and its native token Cronos (CRO) lost $1 billion in value.<\/p>\n
<\/figure>\nDespite the setbacks, Crypto.com has been successful in its operation, securing regulatory approvals in many regions.\u00a0<\/p>\n
It even acquired two South Korean startups, payment service provider PnLink and virtual asset provider OK-BIT, in August 2022.\u00a0<\/p>\n
Also, Crypto.com made several high-profile promotional actions.\u00a0<\/p>\n
These include a naming right deal worth $700 million for Los Angeles's Staples Centre.\u00a0<\/p>\n
At press time, its native token CRO is trading at $0.063914, with a 1% 24-hour price increase.<\/p>\n
The latest development could boost CRO prices since more people can access it via direct fiat purchase.<\/p>\n<\/p><\/div>\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"
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