Crypto Micro-Investing Platform Cred Partners With Komodo
Cred, the first ever micro-investing platform for the cryptocurrency, today announces it has partnered with Komodo Platform.
Brendon McQueen, Founder & CEO of Cred, said:
“We are thrilled to announce this partnership with the Komodo Platform, which has incredible security and equalizing mechanisms that will only enhance the Cred platform.”
Komodo Platform enables customers to build and secure their own independent blockchain, crowdfund and launch a decentralized ICO, and integrate and exchange with the entire blockchain community through their atomic swap technology.
The high prices of cryptocurrencies and complicated platforms can make the space intimidating for first-time investors. The Cred app fixes this by making micro-investing simple with features such as the following:
- Round up your everyday purchases: Investors can round up the amount they spend on everyday purchases to the nearest $1, $2 or $5 and invest the extra money in cryptocurrency.
- Set up recurring investments: Investors can set up weekly or monthly recurring investments into cryptocurrency. Transactions can be as much as $2,000 per month to start.
- Get access to mainstream and altcoins alike: Cred offers a variety of cryptocurrency investment options such as Bitcoin, Ethereum, XRP, Litecoin, and ZenCash as well as tokens such as Worldwide Asset eXchange’s WAX and Neblio’s NEBL. The app teaches investors what each token does and shares its history and relevance in the industry.
- Cap investments at $2,000 a month: The mandatory investment cap adds peace of mind for first-time investors who are averse to spending large sums at this stage.
It is inspiring to see Komodo continuing to put in work and create partnerships. All of this will pay off once the market takes off again. The reason so many people are passionate about cryptocurrencies is not that they have the power to transform a single industry, but rather a society as a whole. Komodo Platform aims to do just that: nothing less than to decentralize the whole world.
More about Cred:
Headquartered in Santa Monica, CA, Cred is a new kind of finance company democratizing consumer access to cryptocurrency. Launching in 2018 by Founder Brendon McQueen, Cred’s powerful technology offers a micro-investing platform specifically focused on cryptocurrency. Mr. McQueen previously founded and led Tuition.io, a market leader in student loan employee benefits.