October 21, 2020

CEX.IO company blog | CEX.IO: new DeFi tokens and free Visa deposits

Preparing to Launch One-Click DeFi Access, Crypto Exchange CEX.IO Adds Core Tokens decentralized finance and offers instant, commission-free Visa deposits.

CEX.IO company blog | CEX.IO: new DeFi tokens and free Visa deposits

CEX.IO, one of the leading international crypto exchanges, is announcing its plans to enter the Decentralized Finance (DeFi) market. In preparation, CEX.IO is adding core DeFi tokens to its platform and offering instant, commission-free Visa card deposits to its customers for a limited time. The ultimate goal is to provide CEX.IO clients with one-click access to the most popular DeFi solutions and operations in the near future, including loans, lending and crypto-farming.

CEX.IO adds the following core DeFi tokens to its platform:

  • 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)
  • other.

    Adding tokens provides benefits to variousparticipants in the crypto 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 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 facilitate your familiarity with the DeFi market andto demonstrate 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 asset available on the platform.

    “DeFi offers a variety of ways toparticipate 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.

    CEX exchange.IO has already demonstrated a move towards decentralized finance by recently expanding its ecosystem with new crypto-finance 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.

    Come to our platform and start using the new features of CEX.IO right now.