So, let's talk about Crypto.com, the go-to spot for all your cryptocurrency needs. They've got a bunch of cool services that make it easy to dive into the world of digital currencies.
First things first, their mobile app is pretty neat. It's like your personal crypto command center, where you can buy, sell, and trade a whole bunch of cryptocurrencies and NFT's. They've got a large enough selection of coins to play with for pretty much anyone. Whether you're a crypto newbie or a seasoned trader, the app is smooth as butter and reasonably user-friendly.
As for the products and services they offer their highest profile one has to be the Visa card. The Visa card is simple enough. You load it up from your fiat wallet on the app or using some of the cryptos available and start your shopping. This makes the transition from crypto to fiat on your card very simple. There are different tiers of cards you can get, depending on how much CRO, their native coin, you stake. If you choose higher tiers you get more benefits, such as, CRO-back for some services, CRO-back for most of your card usage and a percentage of your locked CRO every year.
You can also lock up other coins to gain some interests using Crypto Earn. Instead of letting your crypto just chill in your digital wallet, you can deposit it into Crypto Earn and watch it grow. The interest rates are often way better than what you'd get with a boring old savings account. It's like passive income for crypto lovers. Note that the top rates offered on this service only counts for up to 3000$ worth of crypto. Anything over that will give lower yields.
Crypto.com also has an exchange and it's not too shabby. You can do all sorts of advanced trading stuff like spot trading and margin trading. They've got a bunch of trading pairs to choose from, and the fees are pretty competitive. So if you're into that adrenaline-pumping, market-swinging action, this is your spot. Not the cheapest exchange but not the most expensive either.
I'm not going to even touch on the defi wallet which is it's own thing and could warrant a whole new post.
But why would I choose this time to mention Crypto.com? It's existence is hardly news and the users of publish0x, more than likely, more on the ball, crypto wise, than the average bear so everything written above is old news for most of you. I mention it because I think it's going to do well. They are making money so they won't be going under any time soon. They make sure to be compliant in the markets they operate, which is where others have run into problems. Looking at you Binance, for instance in Australia and the US. Lastly they actually offer decent products. The Visa card is very decent, even after they nerfed the benefits. The CEO of CRYPTO.COM has said that they needed to during the bear market but once business picks up the benefits will be reassessed, with an intention to offer better value to card holders.
All of this is of course just my experience of using the service after shopping around for a while. This service fit my needs the best out of everything available to me. Perhaps it will for you too.
What is your experience using Crypto.com?
Here is a referral link. If you decide to use it and sign up for a Ruby card or higher, we both get $25 worth of CRO.
