Crypto platform Bitcoin.com is reportedly planning for the expansion of its ecosystem via opening Bitcoin (BTC) holders up to the DeFi sphere, and implementing new offerings like a DEX in its platform. 

Specifically, Bitcoin.com’s head of financial services Corbin Fraser reportedly revealed that the firm is transitioning from its current exclusive association with Bitcoin Cash (BCH) into a DeFi platform that supports crypto users throughout numerous chains. 

“We’ve got a lot of BTC users and a lot of these people want to do more with their crypto than just hold it. And they know there are opportunities in DeFi, but it’s a little bit complicated, a little bit scary.” Fraser further claimed. 

Due to this reason, Fraser also revealed their team’s efforts of concentrating on simplifying user experience and offering a more “friendly” crypto wallet. 

Apart from its DEX, the executive additionally underscored their plans to introduce a prepaid debit card and operate a token sale.

The debit card will reportedly assist the company in rolling out rewards for users who top up and for their usage. Via viewing what people are spending their fiat money on, Fraser shares a belief that they have a chance to build interesting reward campaigns.

“Let’s say gas is through the roof, we could potentially go after and say, okay, anytime you top up your fuel tank with some petrol, we can add an extra 2% kickback in our verse token.”

Fraser stated that this is a potential measure for their company to offer assistance to users with their day-to-day challenges. He said that it will be their way of saying, “sorry, inflation sucks so much, but there’s a little taste of crypto.”

Upon the topic of the demographics of Bitcoin.com’s community members, the executive reportedly disclosed that the large part of their users are BTC users who are looking for Bitcoin and its wallets. But with the firm’s footprint in the DeFi scene, it is able to direct those who found Bitcoin into different routes like stablecoins, Ether (ETH) and other opportunities within the ecosystem.