Cryptocurrencies are creating unprecedented opportunities for everyone, regardless of their geographical location. Anyone can make investments in crypto, and it doesn’t matter their experience, geographical location, or academic qualifications.
Because of the privacy preservation baked-in in the underlying base layer coupled with its node distribution, eliminating intermediaries, and guaranteeing security, the team behind Matrixport is convinced that the blockchain would anchor a framework that will positively disrupt and create a new financial order. The technology will promote financial inclusion, connecting millions of people from across the globe to essential financial services, and help store and move trillions in value.
What is Matrixport?
Matrixport is licensed to operate in Switzerland, Singapore, and Hong Kong, complying with existing local laws and with a vibrant community in Telegram, Twitter, and other social media communities. It aims to create a next-gen digital service platform by leveraging crypto’s unique features. Since its launch, Matrixport has evolved to be a go-to platform for crypto holders seeking higher and better yields.
From the way its offerings are laid out, the protocol is where crypto investors can earn more, securely. This stems from their research-driven approach and deep understanding of customer needs. As of mid-May 2022, Matrixport has evolved into one of the world’s largest and most trusted financial service ecosystems with an impressive Asset Under Management (AUM) of over $3.5 billion. At the same time, Matrixport boasted over $5 billion in monthly trading volumes, having paid out more than $108 million in interest since launching.
Getting Started with Matrixport
Getting started is also easy. Onboarding doesn’t require Know-Your-Customer (KYC), which is only necessary for withdrawals. With Matrixport, new users need an email address or a phone number to register.
Once logged in, the user can beef up security by setting 2FA or setting up a new password. The platform has also made it incredibly easy for funding. New features include direct deposit via FPS, a convenience for platform users in Hong Kong.
Additionally, funds can be deposited using Credit Cards through Matrixport’s partnership with Simplex, and bank wire transfers in collaboration with Circle.
Every USD deposit via bank wire will lead to an automatic crediting of USDC in the depositor’s account within one business day. Matrixport offers two free withdrawals every month. Besides, users can directly deposit to their bank via wire transfer following their partnership with Circle.
The Matrixport Welcome Bonus and Referral Program
Matrixport has a welcome bonus offer for new users who can also receive up to $55 for completing simple newcomer tasks. There is a 1,288 USDC Free Trial Offer (without having to deposit, valid for new users only) and an exclusive 30 percent APY on their Fixed Income product. Once the trial period is over, the user can keep any profit generated and receive an extra 12 USDC.
Moreover, there is a referral program for new and existing users. A referee earns $20 per qualified referral and up to $1k in total referral bonuses.
Eager investors can quickly sign up and earn up to $55 in USDC stablecoin.
Matrixport Institutional and Retail Products
The Matrixport ecosystem comprises Cactus Custody, a third-party qualified institutional digital asset custodian, and Bit.com, a highly liquid and secure cryptocurrency exchange that’s the second-largest BTC and ETH in the Options market.
Also, the Matrixport system has a Smart Trading feature for empowering trading strategies, an asset management platform, a venture arm for investing in ambitious blockchain startups, and a Prime Service for offering margin lending and trade execution with robust market management.
Notably, Matrixport offers a broad spectrum of services catering to institutions and retailers. In 2020, they released the Fixed Income and Flexi Savings account allowing investors to earn from diversified sources. Users who participate in the Fixed Income program earn a stable income from supported digital assets, including USDT, ETH, and BTC. At the end of the maturity period, the protocol automatically distributes the fixed interest and the principal amount. The lock-up period can vary from 14 days to 12 months. On the other hand, the Flexi Savings account has floating interest rates with hourly compounding, supporting instant withdrawals.
Besides earning stable income in a secured environment, Matrixport also supports DeFi. The platform facilitates participants to access high-quality DeFi products, enabling users to receive above-rate yields. Among the products available include AMM Farming, where users can participate in algorithmic market making, and Smart Pools, allowing them to deposit or withdraw revenue at any time.
On top of earning, users can invest in innovative products such as Dual Currency products, Range Sniper, Smart Trends, or Smart Buy Trends—carefully selected by the team to ensure steady revenue for enhanced returns. Specifically, the Dual Currency Product is designed to take advantage of crypto volatility, benefiting investors since they can earn a yield in either currency regardless of market direction. The Smart Trend investment product is innovatively structured to draw high yields from DeFi, lending, and the derivatives market. Using this product, Matrixport cushions investors against volatility in major coins like BTC and ETH and provides a safety net against unexpected deep market dumps.
Source: https://crypto.news/matrixport-digital-finance-platform-1288-usdc-55-incentive/