Crypto.com Chain
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Crypto.com launches Crypto Earn and Crypto Credit to replace your bank account. Earn up to 8% on your crypto. Deposit crypto and get an instant loan.

Earn up to 8% p.a. on your digital assets and get instant crypto loans

Today, we launch two key products that will give our users more freedom to manage their finances on the Crypto.com Wallet & Card App.

Crypto Earn gives users the freedom to grow their crypto assets and earn interest up to 8% p.a. Through the App, users can deposit into Crypto Earn and start accruing interest daily (paid monthly), using their preferred crypto, starting with BTC, PAX, and TUSD.

There are currently 2 fixed holding options, a 1-month term and a 3-month term, while a flexible holding term will be available soon. Users can enjoy better annual interest rate (APR) when they have MCO Tokens staked.

Crypto Credit gives users spending power by enabling them to monetize their crypto assets without the need to sell it. Users can deposit their crypto, starting with BTC, to instantly secure a loan. Users can subsequently use the funds to spend it with MCO Visa Card, buy more cryptocurrencies in the Crypto.com wallet, or simply withdraw the funds.

With Crypto Credit, users decide their own repayment terms within a 12-month period. There is no fixed repayment schedule, no monthly late fees or deadlines, and users have the flexibility to repay any amount, at any time, in the 12 months upon the start of their credit term.

Loan-to-Value (LTV) Ratio: The LTV for BTC is 40% (eg. If a user deposits 1 BTC as collateral and the market price of BTC is at $8,000 USD, then a user will get a loan amount of $3,200 USD worth of TUSD/PAX).

Note: The APR starts from day one of loan, interest will continue as long as the loan is in effect. The LTV Ratio may be adjusted by Crypto.com.

With MCO Tokens staked, users can enjoy lower annual interest rate (APR):

Crypto Earn and Crypto Credit Eligibility - Crypto.com Wallet & Card App approved users except citizens or residents of Hong Kong SAR, Singapore, Switzerland,...

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