April 25, 2024

CEX.IO Offers New DeFi Tokens and No Commission Instant Visa Deposits

CEX.IO offers new DeFi tokens and instant deposits from the Visa card no commission

Preparing for the release of DeFi accessWith one click, CEX.IO crypto exchange adds major decentralized finance tokens and offers instant, commission-free Visa deposits.

One of the leading international crypto exchanges,announced its plans to enter the decentralized finance market. In preparation, CEX.IO is adding major DeFi tokens to its platform and is offering its users instant, commission-free Visa deposits for a limited time. The final goal is located inUK companies – in the near futureprovide customers with one-click access to the most popular decentralized finance solutions and transactions, including borrowing, lending and crypto farming.

CEX.IO adds the following core DeFi solution tokens to its crypto exchange:

  • UniSwap (UNI)
  • Aave (LEND)
  • Yearn.Finance (YFI)
  • Compound Finance (COMP)
  • Balancer (BAL)
  • Curve DAO Token (CRV)
  •  Wrapped Bitcoin (WBTC)
  • SushiSwap (SUSHI)
  • Cream Finance (CREAM)
  •  0x (ZRX)
    and others

Adding tokens to the CEX platform.IO provides benefits to various participants in the crypto asset market. Crypto enthusiasts will be able to interact with the growing $10 billion DeFi market, and current participants will be able to trade tokens to hedge risks, strengthen their positions and lock in profits. Moreover, the involvement of the international community of CEX.IO users – more than 3 million clients – diversifies participants in the DeFi industry.

To make getting to know each other easier  with the marketdecentralized finance and to demonstrate the seriousness of its intentions, the crypto exchange offers its users instant, commission-free deposits to Visa cards. for a limited period until the end of September. Additionally, customers can use their balance to trade not only the newly added DeFi tokens, but also any other assets available on the platform.

“DeFi offers a variety of waysparticipate in an open financial system. The many projects with high valuations that have emerged in a short period of time and raised an impressive amount of capital show that there is interest. But participating in the DeFi economy itself remains technically complex. Our goal – remove these obstacles", – comments Alexander Lutskevich, founder and CEO of CEX.IO.

The exchange has already demonstrated a movement towardsdevelopment of decentralized finance, having recently expanded its ecosystem with new solutions. Earlier in September, the British company launched the CEX.IO Loan program, allowing international audiences to take out an instant loan secured by crypto assets without going through a credit history check. In January, the company introduced its staking service: through the CEX.IO Staking service, clients can receive rewards by holding digital assets in wallets on the exchange. Users of this service receive rewards in the form of automatic payments for nine different cryptocurrencies.

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