crypto.com slashes earn rates for a 5th time
crypto.com slashes earn rates for a 5th time
Crypto.com continues its saga of reducing earn rates by lowering its stablecoin earn rates today. This is the 5th time now in just a few months it has lowered its rates without giving any notice again to its customers.
It seems even with all the complaints of communication about these changes and not just implementing them with no notice have fallen on deaf ears.
People need to realize this, because a poorly run exchange may not survive a long bear market – especially when the recession hits
And I’m happy that they are trying to survive, it’s more important than some earn rates
I am much happier that they are slashing than locking.
Sadly this was always going to happen. The high yields in crypto couldn’t last forever
Looks like there doing what they can to survive the bear market.