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Crypto.com Adds Payment Support for MATIC, USDC, and DAI

By Jerry McNeill
May 22, 2023
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Singapore-based cryptocurrency exchange Crypto.com has recently updated its decentralized finance (DeFi) wallet service with support for fiat-to-crypto purchases in more countries and the launch of three new tokens.

In a blog post published on May 16, the company announced the addition of Polygon, USDC

and WEAR, To Crypto.com Pay, a fiat-to-crypto on-ramp service that enables cryptocurrency purchases with credit or debit cards.

Three New Coins Join the Bitcoin Band, Ether and Crypto.com's native CRO as the only tokens currently available for purchase. CRO can now be purchased on Crypto.com's Cronos blockchain or the Ethereum network. According to the post, support for more coins" will be added soon."

Crypto.com also announced payment support in more regions, bringing the total number of countries that can use the service to buy cryptocurrencies directly within the company's DeFi wallet app to 108. The final update mentioned in the blog post involves simplifying the pay ment interface to facilitate purchases with fewer clicks. The exchange recently launched a GPT API-based virtual assistant to assist customers, becoming an early adopter of ChatGPT technology among cryptocurrency exchanges. Crypto.com vice president Abhi Bisarya is "bullish" on the use of art ificial intelligence (AI ) in the cryptocurrency industry, but intends to trial AI assistants while the company considers user feedback.

Meanwhile, businesses in the cryptocurrency and blockchain industries are clamoring to join the AI ​​craze. For example, Web3 company BlockGPT recently launched a “Chat to Earn” program, through which users of its BEP-20 token platform can earn rewards for interacting with the The company's ChatGPT-like AI model.

Popular cryptocurrency exchange Binance has also launched its own ChatGPT-based product called “Sensei,” a virtual educational assistant integrated into the company's consumer learning academy.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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