Today I would like to introduce you Crypto.com – space in the Internet which in my opinion will be soon minimum as important as Coinbase during 2018 crypto bull run… But something much better! Crypto.com is truly amazing platform because in short it let’s you: 1) buy more than 55 coins without ANY fees (versus around 3% Coinbase and competitors) 2) trade them on exchange 3) give opportunity to earn great interest way above dividends or what you get from any bank in the world. I’m Crypto.com user for some time now and in my opinion that’s best thing which as for now could happen for crypto space. Easy, well-designed, with real use purpose (crypto debit cards!) – this is recipe for success. As always whenever I review platform I use, I will introduce in the last paragraph Crypto.com refer a friend program to share with $50 for a good start! CLICK HERE and copy this code 5qnh6tqush if you come here just for Crypto.com refer a friend link and don’t want to read my review. 🙂
Crypto.com bonuses = not only Crypto.com refer a friend program!
To take full advantage of what Crypto.com is it’s worth to stake some MCO there. Okay, but what is MCO and what means to “stake” it? MCO is Crypto.com ERC-20 token and is kind of deposit you make on this platform as a good start. MCO (Monaco) is currently relatively stable at around $4.
Please look below to compare staking (4 levels) and non-staking benefits:
Affordable sweet-spot for many users might be staking 500 MCO especially if you use Spotify and Netflix. You will get FULL cashback for standard subscribition (around 75% for the best one) every single month if you pay for your membership using MCO Visa card! On top of that every shopping, every fuel tanking etc. will guarantee you 3% cashback in MCO tokens on your account. No chance ANY bank can offer your similar deal! Of course here is risk involved because your deposits and savings on Crypto.com have no government protection and if company fails for any reason, you may lose some or even all funds! However, considering how fast Crypto.com is growing, I would rather look at them as a successful business in the future rather than failed one. 🙂 But there is always risk involved like in any other business you invest in and I’m straightforward about it reviewing them. They are not hiding it either!
Earn interest
Please find below how much you can earn interest for staking tokens on Crypto.com.
Bonus: Users that stake 5000 MCO or more earn an additional 2% p.a. on fixed term deposits (paid in MCO). Not applicable to MCO or CRO deposits.
MCO vs CRO
The bad news about “stable” MCO tokens is that staked token are recently not worth more compared to BTC or British Pounds/US Dollars. The good news is though that if you stake minimum 500 MCO, you will earn 6% interest P.A. Annually – so after a year of staking 1000 MCO, you will have 1000 + 60 – 1060 MCO. So if MCO token anytime in the future will be worth more, you will have double benefits. More coins which are worth more! That’s not all because as for now when you use you MCO Visa card and spend money, 3% cashback will more MCO worth $4 compared to if it would now worth – let’s say – $8 (for example you would get 0.5 MCO instead of 1 MCO like now). So it’s double-edged sword. 🙂
CRO on the other hand is absolutely booming right now at a price of $0.15 right now and some say it’s on a path to $1. Those are bold words indeed but I’m not saying it’s impossible considering how fast Crypto.com is growing! What is CRO though? It’s a token used on Crypto.com for payments and settlements on the company’s native blockchain. It’s mainly used on Crypto.com exchange where you can use it for trading almost without fees. The best thing though is that if you stake minimum 10000 CRO you will get possibility to earn 20% interest (2000 additional CRO after a year!) access to Syndicate. It’s a fundraising platform for the most promising crypto projects. As for now you can buy there (for CRO) heavily discounted cryptocurrencies (up to 50% cheaper). Of course limited number of tokens will be available for you but it’s always a great deal even if you can grab only some.
Crypto.com refer a friend
How to get bonus of CRO tokens worth $50 ($25 bonus from 1st of November 2020)? That’s really simple.
Just use below instruction:
Use my referral link https://crypto.com/app/5qnh6tqush to sign up for Crypto.com and we both get $25 USD 🙂
If it doesn’t work for you, please follow below more specific instruction:
- CLICK HERE and copy this code 5qnh6tqush
- Stake at least 5000 CRO for MCO Visa card
- That’s it! Your bonus will be applied automatically in a very short time.
You may also like:
Kuflink – refer and friend and earn 100£!
Landbay – refer a friend and get 50£ cashback!
Funding Circle – refer a friend and share 100£
Brickowner – 50£ cashback in P2P lending!
Please keep on mind that I’m NOT a financial adviser. You shouldn’t treat above post as any kind of financial advice. This is just my blog where I share my knowledge but I can be wrong while doing so! Also please remember that any financial decision you will make might affect your finances either positively or negatively. Your capital is always at risk when you invest. You should always read T&C (Terms and Conditions) to make sure you know all the rules.