We are pleased to announce that we have partnered with Bitcoin.com, the leading source for Bitcoin information with over 4 million Bitcoin wallets. This new partnership will allow Bitcoin.com customers to earn up to 10% interest on their Bitcoin and Bitcoin Cash posted as collateral. To learn more, visit our site.
“At Bitcoin.com, we believe borrowing and earning services like Cred are a natural next step for Bitcoin wallet holders and will be very attractive to users of Bitcoin Cash,” said Roger Ver, CEO of Bitcoin.com. “In Cred, we have found a like-minded partner who shares our vision and brings significant experience and a solid track record in offering reliable, secure crypto backed lending and borrowing services to the crypto community.”
“We’re thrilled to offer Bitcoin.com customers the opportunity to earn interest on the digital assets they pledge as collateral,” said Dan Schatt, Co-founder and President of Cred. “Whether the market is up or down, customers can benefit from the liquidity they receive when obtaining a fixed amount of interest in Stablecoin. Customers also benefit by receiving the full upside on the amount of crypto they originally committed.”
Customers of Bitcoin.com will be able to commit to a six-month term and have the option to roll over pledged assets for additional periods. Customers receive the best Cred rates when staking LBA token. No account minimum is needed and interest is paid out in USD or stablecoin every three months. The pledged amount is paid back in the crypto amounts that were initially received.
Both the Cred and Bitcoin.com teams will be available at the Consensus New York conference and will be offering Bitcoin and Bitcoin Cash holders with $25,000 or more in assets and an opportunity to participate in the new program ahead of the platform launch. The program will be open in the summer of 2019 to all users, regardless of asset size.
Cred is backed by some of the largest investors in crypto and tech including 500 Startups, Arrington XRP Capital, Blocktower, FBG Capital, and Binance Labs. Cred is also a founding member of the Universal Protocol Alliance and a board member of the Blockchain Advocacy Coalition.
Bitcoin.com is your premier source for everything Bitcoin related. We help you buy, use, and store your Bitcoin securely. You can read the latest news or engage with the community on our Bitcoin Forum. We also provide helpful tools and real-time market price and chart information, as well as Bitcoin mining and Bitcoin events information.