no longer supports meme coins

meme coins

Although meme coins have been abolished, lists three new cryptocurrencies in its earn program. accepts payments via Apple Pay for the purchase of digital assets on the platform

On June 27, crypto exchange announced a major overhaul of its popular Earn program. As part of the revamp, has removed meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) along with 13 other digital assets.

However, it has added three other cryptocurrencies – Zilliqa (ZIL), Fantom (FTM) and NEAR – to the Earn program. plans to offer commission rates of 5 percent per year for FTM and 6 percent for ZIL and NEAR. Commenting on the cryptocurrencies being removed from the Earn program, said :

“Existing temporary grants for these tokens will remain unchanged and will continue until expiration. Funds from active flexible-term allotments for the tokens listed above will be automatically transferred to customers’ crypto wallets by June 28, 2022, 10:00 UTC. also announced reward rate changes for five of its stablecoins: TGBP, TAUD, TCAD, TUSD, and USDP (Paxos USD). However, the reward rates for the popular cryptocurrencies Bitcoin (BTC), Ethereum (ETH), Avalanche (AVAX), Solana (SOL) and Polygon (MATIC) remain unchanged.

Crypto community reactions to the announcement were mixed. Some felt it was not right to remove the popular memecoins from the Earn program. Others expressed their disappointment with the low pay rates offered by now accepts Apple Pay

On June 24, announced it was accepting Apple Pay in the app for US customers. In detail it says :

“We’re excited to announce that the app now allows customers to quickly and securely buy crypto with Apple Pay. Current credit and debit card fees and trading limits for crypto purchases continue to apply.”

Currently, the new payment option is only available to customers in the United States and still excludes residents of New York State and the US Overseas Territories. The crypto exchange said it would gradually expand the feature to other countries in the future.

To use the payment option, customers must first add their debit or credit card to the Apple Wallet on their iPhone. From there, customers can use the Apple Payments app to pay for crypto purchases. Receives MAS Approval

Incidentally, recently received approval from the Monetary Authority of Singapore (MAS) for their Major Payment Institution License. This approval will allow to offer a range of payment services in the country. Commenting on this development , Kris Marszalek, Co-Founder and CEO of said :

“The Monetary Authority of Singapore sets high regulatory standards that encourage innovation while protecting consumers. The approval in principle of our application reflects the trusted and secure platform that we have worked with great dedication to build. We look forward to continuing to work with MAS and deepening our roots in Singapore – a thriving market for fintech innovation known for its well-regulated business environment.”

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