October 21, 2020

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

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

In preparation for the release of one-click access to DeFi, the CEX.IO crypto exchange is adding major decentralized finance tokens and offering instant, commission-free Visa deposits.

One of the leading international cryptocurrency exchanges,announced its plans to enter the decentralized finance market. In preparation, CEX.IO is adding core DeFi tokens to its platform and offering its users instant, no-fee Visa deposits for a limited time. The ultimate goal located in UK companies - coming soonprovide customers with one-click access to the most popular solutions and operations of decentralized finance, including loans, 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 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 their positions and lock in 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 marketdecentralized finance and to demonstrate seriousness of intentions, the crypto exchange offers its users instant, commission-free Visa deposits for a limited period until the end of September. In addition, clients can use their balance to trade not only newly added DeFi tokens, but any other asset available on the platform.

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 goal is to remove these obstacles, ”comments Alexander Lutskevich, founder and CEO of CEX.IO.

The exchange has already shown movement towardsdevelopment of decentralized finance, recently expanding its ecosystem with new solutions. Earlier in September, the UK-based company launched the CEX.IO Loan program, which allows an international audience to take instant credit secured by crypto assets without going through a credit check. In January, the company introduced its staking service: through the CEX.IO Staking service, customers can receive rewards by keeping digital assets in wallets on the exchange. Users of this service receive rewards in the form of automatic payments for nine different cryptocurrencies.