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Shiba Inu, Dogecoin,Other Altcoins Removed from Crypto.Com

28-Jun-2022 By: Shikha Jha
Shiba Inu, Dogecoin,

Shiba Inu, Dogecoin, and 13 Other Altcoins

 Are Removed from Crypto.Com 

Shiba Inu (SHIB), Dogecoin (DOGE), and 13 other cryptocurrencies have been removed from the Crypto Earn Rewards Program of the Singapore-based cryptocurrency exchange,

Shiba Inu (SHIB) and Dogecoin (DOGE), the two biggest and most well-known canine-themed coins, are no longer a part of the Crypto Earn Rewards Program as the exchange feels the heat of a bear market.

Other coins that won't be offered on Crypto Earn include Tezos (XTZ), Beefy Finance (BIFI), Ontology Gas (ONG), Maker (MKR), EOS (EOS), Stratis (STRAX), and Bancor (BNT) OMG Network (OMG), Flow (FLOW), Kyber Network Crystal v2 (KNC), ICON (ICX), Compound (COMP), Gas (GAS).

The information was released shortly after the Singapore-based Cryptocurrency Exchange Company said that it was terminating 5% of its workforce because of the "market slowdown." The exchange hasn't provided any information regarding why these coins were removed from the Crypto Earn rewards program, therefore the reason is now unknown.

On the other side, the Crypto Earn rewards program at now supports Fantom (FTM), Zilliqa (ZIL), and NEAR Protocol (NEAR). Users will be able to take advantage of rewards rates of up to 5% per year for FTM and 6% per year for ZIL and NEAR. The exchange offers annual earnings on cryptos of up to 14.5 percent.

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