![]() It’s important to note that while MCO staking can be seen as a Crypto Earn “multiplier”, users are required to deposit the specific assets they wish to earn interest on. Stablecoins supported on the platform include USDC, DAI, USDT, PAX and TUSD. At the time of writing, Crypto Earn currently supports its own tokens (MCO and CRO) along with digital assets such as BTC, ETH, LTC, BNB, XRP, MKR, LINK and BAT. ![]() When lending via Crypto Earn, users agree to "lock" the asset they wish to lend for a predetermined amount of time. The savings periods are currently written in three and one-month intervals, with an ability to earn a flexible savings rate for those who wish to be able to withdraw at any time. As it is currently written, users will earn the highest savings on when staking CRO, followed by stablecoins and then inherently volatile assets. With Crypto Earn, the more MCO you stake and the longer you stake for, the higher your savings APR becomes. Seeing as the platform currently offers a “credit” or borrowing service, it only seems logical that it would incentivize users to store more assets in the platform by offering strong savings rates on a number of digital assets and savings coins. Savings also plays a big role in the larger ecosystem. That is offered alongside every other benefit that is offered with the lower tiers. For example, the highest level tier, Obsidian, gets 10% off an AirBnB trip a month. Each card also offers unique crypto-back rewards, benefits, and discounts as well. There are staking requirements for each card, with tiers that range from $0 to $400,000 worth of staked CRO. And these days, the suite of debit cards offers is one of the main selling points for utilizing this platform.Ĭ currently offers five different card tiers, and the card tier users qualify for depends on their stake in ’s native token, CRO. Other companies have attempted to create crypto-backed debit cards in the past, including TenX, FuzeX, and Centra, just to name a few, but none have been quite as successful as. One of the big draws of has been its ability to put into action the idea of a crypto-backed Visa debit card. May be less than desirable for desktop usersĬ pros Offers a suite of features.Features aren’t terribly impressive compared to other exchanges. ![]()
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