Crypto.com starts new crypto serving program EARN Plus

• With EARN Plus, users can provide up to $ 1 million for each supported ear token.
• The revised crypto Earn program from Crypto.com also offers a uniform reward rate and supports a payout structure for PayusD (PYUSD) and USDC Coin (USDC).

The crypto exchange crypto.com has a new product to change the crypto earning landscape. Recently announced earn plus the new merit program of the crypto platform that is tailored to use more customers.

What is new in earn plus from crypto.com?

The stock exchange said in its announcement that Earn Plus would offer a simpler reward structure and higher allocations. The new EARN program, which introduces generous yields on two important stable coins, is available via the Crypto.com app.

🆕 A brand new EARN program was started in https://t.co/vcntzatng app!

We introduce you to EARN+ and enjoy:
➕ Generous returns on stable coins
➕ Higher allocation limit
➕ Simplified earnings structure

Try it out in the app now! pic.twitter.com/f2yerlmbgv

- crypto.com (@Cryptocom) 11. September 2023

With regard to higher allocation limits, customers benefit from up to $ 1 million for supported tokens. By raising the limits, customers can benefit from the potential advantages that are accompanied by the possibility of allocating more. The simple premiums from Earn Plus also differ greatly from the current level program of the stock exchange, since the same sentence applies to the capital amount and not the reduced sentences that apply to amounts above the threshold of $ 3,000.

The unit rate applies to the entire allocation of a customer in accordance with the conditions of the cro deposit and blocking. In this way, Earn Plus users can easily assess the overall premiums.

According to Crypto.com, Earn is now supporting PayPal USD (pyusd) and USD coin (USDC)-the former is a new stablecoin that was recently introduced by the PayPal payment platform. PYUSD and USDC have replaced the old USDC reward structure, whereby the interest for the stable coins is up to 5 % per year.

The step of Crypto.com, Earn Plus gives the stock exchange, since the product appears at a time when the focus of the regulatory authorities on the cryptom market has led to the procedure for the US stock exchange supervision SEC (Securities and Exchange Commission) against products throughout the USA. For example, the Gemini crypto exchange recently criticized the SEC for its view of its EARN program.