Luno – the global cryptocurrency platform that aims to put the power of crypto in everyone’s hands – today announced the expansion of its cryptocurrency offering with the addition of USDC Savings Wallet and two new cryptocurrencies – Chainlink (LINK) and Uniswap (UNI), to its Singapore platform.
Users in Singapore who own USDC can now store them in a USDC Savings Wallet, at a rate of up to 7.6% yield with no lock-in period, allowing them to compound and grow their investments. They will also be able to buy, sell and store LINK and UNI from 21 June onwards on the Luno app and website, bringing the total number of tokens available to eight.
Sherry Goh, Global Expansion Manager and Country Manager for Singapore at Luno said, “Having a savings wallet for USDC is a good avenue for new customers to grow their investments passively as it offers a familiar interest product to traditional banking. With the addition of LINK and UNI coins, we hope to provide customers with a wider variety of cryptocurrencies to meet their financial goals through investing in digital assets. We now have eight tokens supported in the app and this puts us a step forward in bringing cryptocurrency to over 1 billion customers by 2030 in a safe and responsible manner. While Chainlink and Uniswap meet our standards for safety, being listed on Luno is not an endorsement of their future potential as an investment, and we would like to remind investors to do their research and exercise good judgement before investing.”