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Crypto Bank Juno Resumes Services After Pause

Due to the upheaval at its previous crypto custodian Wyre, the business suspended services last month.

According to a press statement issued Monday, crypto bank Juno has resumed its primary crypto service services after stopping them earlier this month.

The reinstatement of service comes three weeks after Juno began working with its new cryptocurrency custodian, Zero Hash. Juno was forced to halt its services in early January as its former crypto custodian Wyre succumbed to the market collapse.

According to Juno CEO and co-founder Varun Deshpande, the new relationship will provide consumers with a more secure platform experience.

“In light of the events of 2022, we are dedicated to developing a secure and compliant on and off-ramp solution for the industry’s long-term growth,” Deshpande said in a statement.

In addition to restarting crypto services, the bank has introduced several additional features. Support for more than 35 cryptocurrencies, including SOL, ADA, SHIB, and DOGE, as well as spread reductions on new and current token sales, are among them. In addition, the platform now includes a no-trading-fee incentive and a rewards scheme for every dollar exchanged in non-stablecoin tokens.

Although most Juno services have been restored, the platform’s staff is working to regain crypto paycheck services and L2 withdrawals and deposits.

 

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