Crypto.com on January 27th announced that its Crypto.com Card is now available in more GCC nations. The added services aim at providing a “Level Up experience” which will help users unlock spending prizes and other benefits.
The move comes amid Crypto.com’s aim at becoming a leading crypto service provider in the GCC and middle east region.
What Will The Added Service Include?
The level-up services will include rewards that users can avail including spending up to 8% of the card usage limit. Additionally it will include 100% refunds on Netflix, Spotify, and other services. The service will also provide the provision of spending in USD and top up in a variety of ways.
The exchange will also provide a premium metal card from Ruby Steel tier and higher as well. However, the services will not be available in all GCC areas.
The exchange also stated that users will receive emails as and when the service will be available in their areas.
Crypto.com’s New Services Come Amid GCC Expansion Plans
Crypto.com has been expanding its services in the GCC region with an aim of reaching a large audience in the region.
Previously, to offer digital assets to the Islamic community, Crypto.com had teamed up with the biggest Islamic bank in the United Arab Emirates.
Dubai Islamic Bank (DIB) and Crypto.com had inked a Memorandum of Understanding to provide sharia compliant services to users.
The collaboration is a component of Crypto.com’s continuous endeavors to expand its market share in the GCC and the United Arab Emirates. The collaboration also coincides with an increase in cryptocurrency use in the UAE, which has increased investor interest in digital asset services.
Crypto.com’s Other Expansions
Apart from the GCC region, Crypto.com has also been expanding vigorously in other regions. Previously, it had announced intuitional services for US users.
The introduction of institutional services has allowed Crypto.com, a significant international cryptocurrency exchange, to increase its footprint in the US.
The exchange will provide institutional services and function under the name Crypto.com Exchange. The addition comes as retail customers in the US are already served by the business.
It is moves like these that has put the exchange ahead of its peers. Crypto.com had also bagged the top spot on Apple’s App Store’s financial category. By obtaining the top spot in Apple’s App Store Finance category, Crypto.com has surpassed prominent rivals Moonshot and Coinbase, marking an important milestone.
Also Read: Crypto.com Eyes Banking Pillar Development in 2025, Aims At More Cash Accounts Enhancements