My honest experience with Crypto.com... (Trading, earning & VisaCard)
As you may already know I am a crypto holder since 2015. I have started my journey buying crypto on unknown exchanges that were available in my country and now I use every aspect of DeFi to power my purchases, earnings, and holdings.
One platform that was a game-changer to me was Crypto.com. What do I mean by that?
As an all-time Binance lover and home to most of my crypto holdings and purchases, I am used to complex platforms, and whenever I used to instruct my students most of them used to find it "way too hard" to understand all the procedures to buy and sell (even though it is a fairly simple process, but bear in mind these people have never used an exchange or crypto in their lives).
One day I was paying a visit to an old friend that lived in EU most of his life. We discussed crypto and he introduced me to Crypto.com an app fairly easy to use, very straightforward, and on mobile so people can purchase on the go. At first, I was very skeptical about this whole platform being a real exchange, so I had to jump on my computer and do my own research. Since then I am a daily user of the app but not for the reasons I cited up top, I am a daily user of Crypto.com not to purchase crypto on the go (2.99% by card deposit) but to buy and hold their native token CRO Cronos newly (Crypto.com coin previously). Like any other exchange, it is worth investing in the coin of the exchange if you are going to be using the exchange, but Crypto.com has added a layer to that with their Visa Card tier list.
I have issued, to my name, a Crypto.com Visa Card that allows me to have the full benefits of holding CRO. So basically depending on how much CRO you buy and lock stake you will be rewarded with the following:
1-8% Cashback on ANY purchase depending on your tier
Spotify, Netflix, Amazon Prime 100% rebates
% Stake on my CRO
Private lounge access (high tiers)
and a lot more minor benefits
How does it work? So you basically just buy and lock stake CRO for a period of 6 months and you get yourself a tier that would suit you. I would recommend the Ruby steel for all beginners since it is not a big amount to lock away and if any volatility in the market occurs your portfolio won't be affected much. The first card order will be for free but please carefully choose your tier because if you will want to change later you will have to pay for the card replacement.
For more details about their visa card visit Crypto.com website here.
Overall I have been very happy with the service I do not usually buy other coins than CRO but sometimes with my gains in the supercharger I get rewarded some other type of coins which is another benefit of holding CRO. The supercharger is kind of a launch pool where you still can get BTC, ETH, and some good crypto projects just by staking your CRO.
The only complaint I would have is customer service which can be sometimes clunky and too demanding to solve a basic issue, and the only thing refraining me from moving everything to crypto.com is the limitation the platform offers for other cryptos than CRO, you'd be better be holding them on other exchanges or on their respective wallets.
Crypto.com is heavily reliant on marketing and I think that will lead to a very well recognized brand among crypto enthusiasts and the regular consumer which will drive the platform popularity up and in order will increase the price of CRO making some profit on top of your stakings.
I hope you enjoyed the article, this is not an in-depth review of Crypto.com, so if you have any questions on any topic please feel free to leave a comment. Also, any recommendation on future content would be more than welcome.
Have a profitable day!
If you decide to join Crypto.com here is 25$ for you FREE when you signup with my link.
Residual income:
Publish0x: https://www.publish0x.com?a=y1aK8ZwYbQ
Presearch: https://presearch.org/signup?rid=3802367
Read.cash: https://read.cash/r/TheCryptoBoss
Noise.cash: https://noise.cash/u/TheCryptoBoss
Binance: https://accounts.binance.com/en/register?ref=116805946
Crypto.com: https://crypto.com/app/6qy5n3dfkd