CEX.IO company blog | CEX.IO: new DeFi tokens and free Visa deposits
In preparation for the release of one-click access to DeFi, crypto exchange CEX.IO adds major decentralized finance tokens and offers instant, commission-free card deposits «Visa».
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 for a limited time to its users instant, commission-free card deposits «Visa». The ultimate goal of a UK-based company – in the near future, provide 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 tokens of major DeFi solutions 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)
The addition of tokens to the CEX.IO platform 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 – more than 3 million clients – diversifies the participants in the DeFi industry.
To make it easier to meet with the decentralized finance market and demonstrate seriousness of intentions, the crypto exchange offers its users instant, commission-free card deposits «Visa» 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 assets available on the platform..
«DeFi offers a variety of ways to 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 – remove these obstacles», – comments Alexander Lutskevich, founder and CEO of CEX.IO.
The exchange has already shown a move towards decentralized finance, recently expanding its ecosystem with new solutions. Earlier in September, the British company launched a program CEX.IO Loan, allowing an international audience to take an instant loan, secured by crypto assets, without going through a credit check. In January, the company introduced its staking service: through the service CEX.IO Staking clients can receive rewards by holding digital assets in wallets on the exchange. Users of this services receive rewards in the form of automatic payments for nine different cryptocurrencies.
text: Ivan Malichenko, photo: CEX.IO