crypto.com slashes earn rates for a 5th time

Question

1.30K viewsJuly 11, 2022General Discussions

Samuel Goldenberg 1.52K July 11, 2022

0 Comments

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.

Kevin Sung Answered question July 11, 2022

0

5 Answers

Kevin Sung 1.24K · Answer 1 · 2022-07-11T17:52:10+00:00

People need to realize this, because a poorly run exchange may not survive a long bear market – especially when the recession hits

Kevin Sung Answered question July 11, 2022

Andrew Peters 1.20K · Answer 2 · 2022-07-11T17:27:20+00:00

And I’m happy that they are trying to survive, it’s more important than some earn rates

Andrew Peters Answered question July 11, 2022

Jason Johnson 1.20K · Answer 3 · 2022-07-11T17:25:13+00:00

I am much happier that they are slashing than locking.

Jason Johnson Answered question July 11, 2022

Ruban Lovelace 1.17K · Answer 4 · 2022-07-11T17:23:03+00:00

Sadly this was always going to happen. The high yields in crypto couldn’t last forever

Ruban Lovelace Answered question July 11, 2022

Cinthia ETH 848 · Answer 5 · 2022-07-11T17:21:49+00:00

Looks like there doing what they can to survive the bear market.

Cinthia ETH Answered question July 11, 2022