One platform claims it is more than just a crypto exchange and has launched a new service to help customers grow their digital assets.
A new tool has been launched by a crypto exchange that pays interest on many cryptocurrencies.
CoinZoom claims it’s striving to be more than just a crypto exchange — providing an environment where customers can invest in and spend their assets and watch them grow.
CoinZoom Earn is the new feature that will be available in the next few weeks. When crypto balances are transferred into this tool, there are no fees. Interest is charged daily, compounded on a monthly basis, and interest payments are made every other month.
These returns can be used to redeem, reinvested, or spent with CoinZoom’s debit cards. After purchases have been made, you will also receive crypto rebates.
Todd Crosland is CoinZoom’s CEO. He explained that users can do much more than just invest crypto on our platform. We have created a platform that allows users to send crypto abroad to family and friends, spend crypto at 53,000,000 merchants around the world, and earn interest on their crypto holdings. CoinZoom allows users to enjoy the full crypto experience through a safe and compliant exchange.
CoinZoom Earn supports more than 40 cryptocurrency and offers interest rates up to 7.5%
One stop shopping for all things security
CoinZoom, a company based in the U.S.A., claims that it has customers in 192 nations.
ZoomMe, a peer to peer payments system called ZoomMe, allows fiat and cryptocurrency to be sent instantly all over the globe for free. This is a powerful alternative than expensive remittance services.
CoinZoom was registered with FinCEN as a money service business in all 50 U.S. States and Territories. There are also subsidiaries in Ireland and Australia.
Cointelegraph previously reported that CoinZoom offers a fiat-on-ramp with fees of just 0.220% for makers and 0.26 for takers. There are also significant discounts.
