Founded in 2016, Crypto.com is one of the pioneering payments and cryptocurrency platforms with the mission to accelerate the world’s transition to cryptocurrency. With its well-developed ecosystem, there are now 3 million users using this platform worldwide.
The key products from Crypto.com are the Exchange, App, Wallet and MCO Visa Cards.
Crypto.com launched its exchange in 2019 and is currently the first crypto platform having multiple industrial highest standards on security including ISO/IEC 27001:2013, ISO/IEC 27701:2019, PCI:DSS 3.2.1, Level 1 compliance and CCSS. Assets on the Crypto.com platform are also protected with Ledger Vault enforcement and insurance coverage up to 360M. The Crypto.com exchange can be accessed through desktop and mobile.
The Crypto.com exchange can be accessed through desktop and mobile. Users can trade 49 market pairs including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), XTZ, LINK, EOS, XLM, CRO, USDC, USDT and other popular tokens. The number of tokens listed on the Crypto.com exchange will continue to grow.
Which payment methods are accepted?
* Bank transfer (ACH)
* Bank transfer (SEPA)
* Credit or Debit Card
The Syndicate is Crypto.com’s fundraising platform that offers the opportunity for crypto projects to list their tokens on the Crypto.com Exchange. They provide Crypto.com Coin (CRO) holders to receive priority token allocation for such discount sales events if they stake at least 10,000 on Crypto.com Exchange. Users who stake 10,000 CRO can also enjoy 20% APR. The more you stake, the more you will earn. Users who are staking more CRO will enjoy a better interest rate from another staking option called Soft Staking on the exchange platform.
CRO Staking Benefits - Enjoy 20% Per Annum Interest:
The staking benefits that allow users to earn 20% per annum (paid daily) is available to users that stake a minimum of 10,000 CRO for at least 6 months. The daily interest is calculated as:
Daily Interest = Principal amount (in staked cryptocurrency) x (APR/365)
For example, if you staked 10,000 CRO for 180 days you would receive 5.47945205 CRO every day as interest.
Soft Staking allows users to earn rewards simply by holding coins in their account, including BTC, LTC, and ETH. It offers more flexibility by rewarding users based on the number of coins in their Exchange wallet. Unlike staking, there is no need for a long-term commitment, while extra rewards apply to users that actively stake CRO tokens.
The Crypto.com exchange has a tier fee structure that is quite competitive on the market, with the lowest at 0% trading fee if you have a large stake on their native token CRO. The maker/taker fees start at 0.2% of the trade value, and the fees will get lowered if you stake more CRO tokens and increase your trading volume.
The Crypto.com App offers more extended features than the exchange. From the app, you can buy, sell, store, and track cryptos. You can buy crypto with a credit card, debit card, fiat, or crypto at true cost. Users can pay crypto to other Crypto.com users for free and enjoy rewards. You can track over 200 cryptocurrencies and monitor various metrics. MCO Visa Card owners can spend their card balances from the Crypto.com App.
The Crypto.com Wallet is a non-custodial wallet that provides you control over your crypto and private keys. You can link this wallet to your main Crypto.com account to easily transfer funds between them.
MCO Visa Cards:
There are five card tiers that offer various benefits such as 100% rebate on Spotify, Netflix and Amazon Prime, airport lounge access for select cards, no-fee ATM withdrawals, tap-and-pay functionality, and competitive interbank rates. Read More