Crypto.com broadens its offerings for American users, introducing stocks, exchange-traded funds (ETFs), and travel incentives. This comes with commission-free trades and bonus offers.
Crypto.com has just announced an exciting development for U.S. users: starting immediately, residents of four states can now invest in stocks and ETFs as part of their portfolios. This significant move into traditional finance is a big stride forward for Crypto.com, extending their services beyond cryptocurrency. They made this announcement on their social media account, specifically the X account.
Since 2023, Crypto.com has received approval from multiple regulatory bodies worldwide. A significant development occurred recently when U.S. regulators agreed to their terms. This move signifies an increase in trust towards Crypto.com within the global financial sphere.
Currently, the newly introduced feature can only be accessed by users residing in Pennsylvania, Ohio, Washington, and Arizona. However, it’s set to roll out nationwide soon, giving more users from various states the opportunity to include stocks and ETFs within their investment portfolios in the near future.
With Crypto.com, you’re not just using cryptocurrency; they’re offering special financing as well! For a limited period, users can earn up to a 3% bonus by transferring their securities into the Crypto.com app. After that, trading with zero commission fees, purchasing fractional shares, and swiftly sending assets are all possible with just a few taps.
Crypto.com Expands Wealth Management, Stocks, ETFs, and Travel Rewards
Kris Marszalek, Crypto.com’s CEO, shared his enthusiasm about a new feature. In a post, he stated, “Our first launch in 2025 – we are making Stocks and ETFs available to U.S. users.” This move signifies the company’s ambition to serve as a platform where users can cultivate their entire wealth portfolio.
“Foris Capital US LLC, a distinct entity from Crypto.com and a member of FINRA/SIPC, is not involved in the sale or storage of cryptocurrencies. It provides securities to users in the U.S., but it’s important to note that the transfer incentive applies exclusively to eligible securities, and fractional shares may not be accessible for all stocks.
Moreover, Crypto.com has entered a pioneering collaboration with Accor’s ALL loyalty program. This alliance enables users to exchange their cryptocurrencies for travel points. These points can be utilized for travels, offering a fresh way to enjoy the fruits of one’s crypto investments. The aim of this partnership is to revolutionize travel experiences by integrating cryptocurrency and loyalty rewards.
Crypto.com continues to expand and adapt, providing users with additional methods for managing their assets and uncovering fresh investment possibilities.
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2025-01-05 19:11