LONDON, the UK, September 26 – CEX.IO, one of many main worldwide cryptocurrency exchanges, broadcasts its plans for getting into the decentralized finance (DeFi) market. To set the stage, CEX.IO lists main DeFi tokens on its alternate platform and presents instantaneous, 0% payment Visa deposits to its clients for a restricted time interval. The UK-based firm’s final purpose is to supply CEX.IO clients one-click entry to the preferred DeFi options and actions, similar to borrowing, lending, and yield farming, within the close to future.
CEX.IO is itemizing the next tokens of main decentralized finance options on its cryptocurrency alternate 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)
Itemizing the tokens on the CEX.IO platform gives advantages for varied members of the digital asset market. Whereas cryptocurrency fans can become involved within the thriving $10 billion DeFi market, present members can commerce the tokens to hedge their dangers, handle their publicity, and repair the worth of their revenue. Moreover, the involvement of CEX.IO’s worldwide consumer base of over three million clients provides a stage of variety to the DeFi business’s members.
For simpler onboarding to the DeFi market and to indicate CEX.IO’s dedication, the cryptocurrency alternate presents instantaneous, 0% payment Visa card deposits for its customers as a part of a restricted promotional interval lasting till the top of September. Along with that, CEX.IO customers can use their stability to commerce not solely the newly listed DeFi tokens but additionally some other property on the platform.
“DeFi can supply many avenues to take part within the open monetary system. Quite a lot of initiatives with sizable valuations that sprung into existence in a brief time period and accrued a powerful quantity of locked capital present that the curiosity is there. But the very participation within the DeFi financial system stays technically advanced. Our position right here is to take away these hurdles”, – acknowledged Oleksandr Lutskevych, CEX.IO’s founder and CEO.
CEX.IO has already proven its dedication to the DeFi business by not too long ago increasing its ecosystem with new crypto-finance options. Earlier in September, the UK-based agency launched CEX.IO Loan to permit its worldwide consumer base to borrow in opposition to their digital asset holdings immediately with out credit score checks. In January, CEX.IO launched its cryptocurrency staking service. With CEX.IO Staking, the alternate’s clients can earn rewards for holding digital property of their alternate wallets. The service’s customers obtain the rewards as computerized payouts for 9 completely different cryptocurrencies.
Based in 2013, the London-based CEX.IO operates one of many largest worldwide exchanges of the cryptocurrency market. With a multi-functional digital asset alternate and a crew of over 250 professionals at workplaces within the UK, USA, Ukraine, Cyprus, and Gibraltar, CEX.IO serves over three million clients worldwide. As a part of an ever-expanding ecosystem, CEX.IO fits the wants of varied crypto market members, from entry-level cryptocurrency customers to skilled merchants in addition to establishments and companies, with a dependable, high-security digital asset service.
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