Crypto.com Launches Cash Yield Program in European Union

Crypto.com has introduced a new Cash Yield program in the European Union, enabling customers to earn interest on their euro balances without any lock-up period. The program is part of a partnership between Crypto.com and Fidelity, one of the largest American crypto platforms.

The Cash Yield account allows users to deposit cash euros for flexible yield, without any minimum balance requirements or lock-up periods. This means that users can earn interest on their euro balances while still having access to their funds at any time.

Additionally, users can choose to receive payouts every month in either euros or Cronos (CRO), the native digital asset of Crypto.com. The program has an annual percentage rate (APR) that varies depending on market conditions and specific terms and conditions apply for some areas.