We’re excited to announce that we have formed a strategic partnership with Edge, a leading self-custody cryptocurrency wallet and security platform with one million users. Through this partnership, Edge users are now able to earn up to 10% interest on their digital assets including Bitcoin, Litecoin, Ethereum, XRP and more. To start earning, visit mycred.io/edge and download the Edge app on iOs or Android.
“We’re excited to introduce our users to Cred, a company that shares our deep commitment to innovation, security, and risk management,” said Paul Puey, CEO, and Co-founder of Edge.
“Cred stood out to us for many reasons — the caliber of its team, the strength of its legal and regulatory infrastructure, its capital markets competencies, a proven track record of delivering returns, and its scale. Edge users now have the benefit of earning interest on their crypto via a secure and licensed financial services platform.”
Based in San Diego, California, Edge provides its users with the ability to buy, sell, trade, and now earn interest on a variety of digital assets, including several top 10 global cryptocurrencies, all in one application. What originally started as a bitcoin wallet and business directory under the company name of “AirBitz”, Edge has transformed itself into a full-fledged data solution aimed at empowering individuals to take control of their own data and believe such actions will lead to better security for everyone.
“We are proud to partner with Edge, a true pioneer in the crypto ecosystem,” said Dan Schatt, CEO and Co-Founder of Cred.
“While there are many wallets and exchanges on the market, it is rare to see a self custody solution as advanced as Edge. We look forward to supporting Edge’s continued growth and enabling Edge customers to lend and borrow in a secure manner.”
In addition to offering extensive in-app features, Edge is a proven leader in establishing top of the line tools and systems for secure and private data. The multi-asset platform was the first to remove the requirement of private key backup in a self-custody app, the first to create One Touch 2FA simplifying the usage of two-factor authentication, and the first to invent a password recovery method for encrypted data. Additionally, Edge is a founding member of the Foundation for Interwallet Operability (FIO), a consortium of leading wallets, exchanges, and crypto payment processors supporting the FIO Protocol.
At Cred, we’re proud to support leading exchanges, foundations, and crypto-wallets, like Edge, to provide their lending, borrowing, and capital markets needs within the ecosystem. As a licensed lender based in California, we continually offer our community and partners a proven track record of delivering returns, a strong commitment to security and risk management, and extensive regulatory expertise. To ensure the safety and security of customers’ digital assets, we work with trusted collateral agents including BitGo, Bittrex Enterprise, and Ledger.
Edge users will now be able to commit to a six-month term and receive monthly interest payments, with the option to roll over pledged assets for additional periods. Customers will receive the best Cred rates when staking LBA utility token. No account minimum is needed and interest is paid out in fiat or cryptocurrency. Edge users with $150K or more in digital assets can schedule a call with Cred Concierge.
To learn more about the partnership, click here.
To start earning with Edge, download the app here.