Mudrex launches commission-free product ‘Earn’ for 50 cryptocurrencies

, CEO & co-founder of Mudrex, said, “By eliminating fees and simplifying the process, we aim to empower our users to maximize their crypto earnings effortlessly. The Earn product has already started gaining traction during its beta stage, attracting over 5,000 users who collectively staked 1 million in the past two weeks. We also plan to expand the range of supported coins, continuously enhancing our platform's value proposition for the users.”

Mudrex operates in full compliance with local regulatory bodies in India and the European Union. The platform is registered with the Financial Intelligence Unit (FIU) in India and holds a Virtual Asset Service Provider (VASP) license in the EU. Additionally, Mudrex has obtained the OAM (Organismo Agenti e Mediatori) registration in Italy.

Founded in 2018 by Edul Patel, Alankar Saxena, Rohit Goyal, and Prince Arora, Mudrex aims to make crypto accessible to the masses, enabling ordinary investors to benefit from the wealth creation potential of the crypto market. The Y-Combinator backed enterprise has established a robust investing platform suitable for both newcomers and seasoned investors. With headquarters in the US and a significant presence in Bengaluru, the fintech startup aspires to become the largest asset management platform for crypto.

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Source: Forex-Markets-Economic Times