BlockFi provides a bridge for traditional traders and investors to the world of crypto, with a strong commitment to optimizing crypto markets through a mix of stablecoins and the longest tested coins. Backed by Gemini Exchange and regulated out of New York City (which has very firm regulations over crypto companies), BlockFi offers a conservative way to earn interest, lend, or borrow with potentially very high returns.
Square, led by CEO and Twitter Co-Founder, Jack Dorsey, launched its Cash App mobile payments system in 2013 to US customers. Originally created to compete with Venmo, Cash App has developed unique features that attract cryptocurrency users as well as those in search of a quick and easy mobile payments service.
Nexo could be considered the “Coinbase” of crypto lending. Like Coinbase’s crypto exchange, Nexo provides easy to use and understand tools for participating in finance with digital assets. Additionally, it also caters to US traders and investors (especially newbies) who are often restricted from up and coming DeFi protocols and decentralized crypto exchanges, either because of regulations or due to their complexity.
Available to US residents – PayPal announced its entrance into the crypto industry in November of 2020. Their program of buying, selling and holding crypto is available now for US users only (except Hawaii) on the PayPal app, with plans to extend crypto services to select international regions and has recently announced use to Venmo users..