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What is Crypto.com (CRO)?
Crypto.com is a crypto bank and builds a complete blockchain ecosystem that includes a variety of products with a unique value. These features include a metal cryptocurrency Visa card, an integrated app platform, a cryptocurrency exchange, an unsecured wallet with DeFi functionality, lending services, and cryptocurrency earnings. In this way, Crypto.com provides users with everything they need to successfully participate in the decentralized economy.
Crypto.com seeks to expand cryptocurrency adoption to new heights. Currently, new investors may find that entering the crypto space is a confusing process requiring them to interact with multiple platforms and new technologies. All of these actions can be frustrating for new users who are unfamiliar with the blockchain industry.
Furthermore, there are billions of people around the world who do not have access to basic financial tools such as checking accounts. Crypto.com provides these people with a more efficient and accessible alternative to the status quo. Discussing the overall goals of the platform, Kris Marszalek, the co-founder and CEO of Crypto.com said:
“We believe it is your fundamental human right to control your money, your data and your identity,” said Kris Marszalek,
Kris Marszalek CEO of Crypto.com
History of Crypto.com (CRO)
Founded in 2016, Crypto.com is one of the pioneering payment and cryptocurrency platforms with a mission to accelerate the world’s transition to cryptocurrency. Formerly known as Monaco, it was one of the first platforms to attempt to build a global blockchain financial institution. The platform was an instant hit.
Specifically, the company spent an undisclosed amount on this premium domain. With its well-developed ecosystem, there are now 3 million users using this platform around the world.
Crypto.com Metal Visa Card
Crypto.com Exchange
In 2019, Crypto.com launched its exchange and added some new features to its ecosystem. It is currently the first crypto platform with multiple, higher industry standards for security, including ISO / IEC 27001: 2013, ISO / IEC 27701: 2019, PCI: DSS 3.2.1, Level 1 Compliance, and CCSS. This next generation platform offers investors a simplified approach to the market. Users enjoy higher liquidity, lower fees, and access to a democratized quantum trading system.
Advantages of CRO tokens
CRO tokens are the utility token for the Crypto.com ecosystem. The Crypto.com chain was created to build a network of cryptocurrency projects and develop the ability of merchants to accept cryptocurrency as a form of payment. The Crypto.com chain is a high-performance native blockchain solution, which will make transaction flows between cryptocurrency users and cryptocurrency-accepting merchants seamless, affordable and secure.
This is the token used to access the services on the platform, receive bonuses, pay commissions and initiate trades. Sure, these ERC-20 compatible tokens offer industry-leading interoperability. For example, you can store your CRO tokens in any ERC20 compatible wallet. This option adds to the ability to use the dedicated multi-currency wallet offered by Crypto.com.
Earn 20% per year by placing CRO on the stock exchange
The staking benefits that allow users to earn 20% per annum (paid daily) are available to users who wager a minimum of 5,000 CROs for at least 6 months. For example, if you wagered 5,000 CROs for 180 days, you would receive approximately 2.7397 CROs each day as interest.
Staking CRO will bring you more benefits except 20% pa included:
- Discount on trading fees of up to 100%
- Access to The Syndicate (explained below)
- Pay reward using Crypto.com Pay via mobile app
- Sign-up bonus for new users
Earn money by trading CRO: Stake-To-Take
Retail traders who bet at least 5,000 CROs on the crypto.com exchange can earn up to 0.10% on purchase fees when trading on the exchange. Additional trading discounts in the form of discounts increase with the CRO wagered amount and commissions must be paid in CRO to be eligible.
How to get CRO tokens
Getting CRO tokens is easy. The first step is to download the Crypto.com app on iOS or Android, if you download by clicking here you will get $ 50 USD as a sign up bonus. The registration process takes only 5 minutes to complete. You will need to provide your identity and address if you intend to use the debit card feature of this platform. Once your registration is complete, you can buy CRO, Bitcoin, Ethereum and any other cryptocurrency with credit card, debit card, bank transfer in a convenient way and you can exchange BTC or ETH with CRO directly on the platform.
Advantages of the Crypto.com platform
Crypto.com introduces a number of benefits to the industry through its unique protocol. First, the platform provides users with a large pool of liquidity. You can always find trading stocks on this platform. Furthermore, Crypto.com has a very low commission structure and the most competitive execution prices in the market right now. Here are some other crucial features:
Versatile app
The Crypto.com app has one of the most advanced and easy to use interfaces on the market. Users can easily monitor, track and buy cryptocurrencies directly from their smart devices. Above all, there is a large selection of coins. Currently, the Crypto.com app allows users to buy and sell over 55 cryptocurrencies with a credit card, debit card, fiat or cryptocurrency at a real cost, the right users can enjoy buying cryptocurrencies with card promotion 0% credit until the end of September 2020.
The App provides users with access to all the most important functions of the ecosystem. For example, you can top up your Crypto.com card with a bank transfer, debit or credit card, or directly encrypted. This powerful financial tool gives you free ATM withdrawals and no annual fees and minimum account balance requirements.
Crypto.com Make Money
Crypto.com Earn works like the time deposit you can find in a bank, but instead you can earn up to 8% pa (paid weekly) on your cryptocurrencies. Deposit stablecoins can earn an even higher interest rate of up to 12% pa The highest interest rate is their native CRO token which you can earn up to 18% pa There are 3 terms you can choose: flexible, 1 month and 3 months and supports 31 tokens. Not all jurisdictions are supported, check the details on the Crypto.com Earnings page.
Crypto.com credit
Crypto.com Credit is the credit lending service provided by Crypto.com and offers users the ability to monetize their crypto assets without selling them. It supports BTC, CRO, XRP, ETH, LTC, EOS, XLM as collateral and provides up to 50% of LTV while the annual interest rate (APR) for the loan would be 8% if CRO staking.
Crypto.com Pay
Users can earn Pay Reward (CRO cashback) by purchasing gift cards (up to 20%) or mobile airtime (up to 5%) via the Crypto.com app using CRO as a payment method. They will also earn the Pay reward by sending CROs to friends via the Crypto.com app with a 10% increase (monthly maximum $ 5 USD per user). Rewards can be earned when users make an online transaction through online stores that support Pay Checkout as one of their payment methods. Simply scan the paid QR code with the app and the cashback will go to your wallet immediately.
Visa MCO cards
Another popular feature of Crypto.com is its metal debit card. This Metal Visa Card allows users to spend their cryptocurrencies in real time wherever Visa accepts. The way the system works, your cryptocurrency converts directly to fiat currency every time you swipe your debit card. These funds from your sold encryption are instantly loaded onto the card. This way, you can withdraw or spend your cryptocurrencies easier than ever.
Advantages and discounts of the card
In true DeFi style, the Crypto.com debit card introduces some new customer control features that are sure to be a hit. Users have the ability to withdraw, freeze and unlock their card and convert cryptocurrencies to their fiat equivalents in seconds. You no longer have to wait for your deposit to be cleared after selling some of our holdings. You can now access these funds immediately.
The MCO Visa Card offers various benefits such as 100% discount on Spotify, Netflix and Amazon Prime, access to the airport lounge for select cards, free ATM withdrawals, tap-and-pay functionality and competitive interbank rates. The MCO Visa Card is competitive across the board, not just in the cryptocurrency industry. Users do not enjoy favorable annual fees and interchange fees. In particular, international card users save on average around 5-8% on international purchases.
Your keys
To make sure you are the only one with access to your belongings, Crypto.com’s wallet keeps your private keys safe on your device. In the blockchain sector a common saying is “If you don’t own your keys, you don’t own your cryptor. “With Crypto.com users have their own encryption.
How to use Crypto.com (CRO)
Using Crypto.com is easy and requires no technical knowledge. The first step is to go to the registration page of the platform. Once you have completed all the requirements, you will receive a confirmation email. If you intend to use the metal debit card, you will need to provide a valid shipping address.
Once your card arrives in the mail, you are ready to activate and load it. This process takes only five minutes and is done within the platform interface. Once your card shows a balance, you can spend your cryptocurrency anywhere Visa is accepted.
Crypto.com (CRO) – DeFi pioneer
Crypto.com is well on its way to realizing its vision of every wallet that one day holds cryptocurrency. For now, this all-inclusive platform is exactly what the market needs to attract new users in record numbers. As a result, Crypto.com is one of the fastest growing full spectrum blockchain platforms in the world.
Click here to visit Crypto.com – Referral ID: SECURITIESIO to claim a $ 50 CRO bonus.
