coinnounce.com
As announced by Crypto.com on Monday, Leading crypto exchanges stated that they are delisting 15 crypto coins from the Crypto Earn program.
Crypto Earn changes effective 27 June 2022:
✅ $FTM, $ZIL and $NEAR are now available for Crypto Earn
✅ Select tokens no longer available
✅ Revised rewards rates for select stablecoins pic.twitter.com/cqkklGHZC3— Crypto.com (@cryptocom) June 27, 2022
Dogecoin (DOGE), Shiba Inu (SHIB), Tezos(XTZ), and FLOW were also among the delisted coins, but in the meantime, Crypto.com will be adding Zilliqa (ZIL), Fantom (FTM), and NEAR.
Crypto.com also considers stablecoin yields- TGBP, TAUD, TCAD, TUSD, and USDP (Paxos USD), a stablecoin whose peg is valued at the British Pound, Australian Dollar, and Canadian Dollar.
The rate of return of cryptocurrency other leading players such as Bitcoin, Ethereum, Polygon, Avalanche, and Solana will keep their rates unexchanged.
However, the company did not provide details in the announcement. Several tweeters responded to the news saying, “It is disappointing” that Shiba Inu and Dogecoin will no longer be included in the exchange Earn program.
At the same time, many argued that Crypto.com operations are taking users to the next step.