What is Crypto.com
Crypto.com is a cryptocurrency bank that is developing a full blockchain ecosystem that includes a wide range of goods with distinct value. Crypto.com, founded in 2016, now serves over 10 million consumers through the world's fastest growing crypto app, the Crypto.com Visa Card — the world's largest crypto card program — the Crypto.com Exchange, and the Crypto.com DeFi Wallet. Crypto.com NFT, which was recently founded, is the top platform for collecting and trading NFTs expertly picked from the fields of art, design, entertainment, and sports. As a result, Crypto.com gives users with everything they need to engage successfully in the decentralized market.
Crypto.com aims to drive bitcoin adoption to new heights. Currently, prospective investors may find that entering the crypto market is a perplexing process that necessitates interaction with many platforms and new technologies. All of these acts can be aggravating for new users who are unfamiliar with the blockchain industry.
Furthermore, billions of people worldwide lack access to fundamental financial tools such as checking accounts. Crypto.com offers a more efficient and accessible alternative to the existing quo for these individuals. When asked about the platform's overarching ambitions, Kris Marszalek, Co-Founder and CEO of Crypto.com, stated: “We believe it’s your basic human right to control your money, data, and identity,”
CRO Tokens are the Crypto.com ecosystem's utility token. The Crypto.com Chain was designed to create a network of cryptocurrency projects and to enable retailers to accept cryptocurrency as a method of payment. The Crypto.com Chain is a high-performance native blockchain technology that will enable transactions between cryptocurrency users and merchants accepting cryptocurrency easy, cost-effective, and secure. This is the token used to access platform services, receive bonuses, pay fees, and initiate trades. In particular, these ERC-20 compliant coins provide unrivaled interoperability in the industry. You can, for example, keep your CRO tokens in any ERC20-compliant wallet. This option is in addition to the possibility to use Crypto.com's dedicated multi-currency wallet.
Sponsorship
Crypto.com spends a tons on advertising and recently, it has partnered with Fnatic where the Crypto.com logo will appear on the collarbone of Fnatic squad shirts as part of the collaboration. Fnatic will also provide fans with a variety of perks and money-can't-buy experiences for Crypto.com consumers who purchase its items. In the near future, new digital items, such as special Fnatic non-fungible tokens (NFTs), will be released. Fnatic will also offer financial literacy and crypto education chances for people who are new to cryptocurrencies and NFTs in order to help fans better comprehend cryptocurrency and future-proof their decisions.
Additionally, Crypto.com announced a multi-year partnership with Paris Saint-Germain (PSG). Paris Saint-Germain has recently constructed one of the most powerful football squads in history. The addition of world-class players Lionel Messi, Sergio Ramos, Gianluigi Donnarumma, Georginio Wijnaldum, Achraf Hakimi, and Nuno Mendes to an already great group has increased the club's international appeal to new heights. It was an obvious next step to collaborate with Crypto.com, a leader in the crypto sector. The company has over 10 million users globally and is ranked as a top-ten finance app in both the App Store and Google Play. Crypto.com, in addition to developing the world's fastest growing crypto platform, also provides the world's most popular crypto card, which is available in over 30 countries.
Crypto.com has lead the industry in sports collaborations, most notably announcing global alliances with the UFC, Formula 1®, and Lega Serie A. Earlier this year, Crypto.com became the first cryptocurrency platform to collaborate with an F1 club, as well as the first to collaborate with an NHL franchise.
A one-stop convenient shop
Crypto.com is more akin to a crypto bank than a cryptocurrency exchange or brokerage. You may, indeed, buy and sell cryptocurrencies on the exchange. You can also exchange them with other DeFi wallet users. Furthermore, you can spend your cryptocurrency with a prepaid Visa card. You can be paid in cryptocurrency, deposit your cash into an interest-bearing account, and – in some countries – obtain a cryptocurrency loan.
Cards with Attractive Cashback
Five prepaid Visa Cards are available at Crypto.com. They can be used anyplace Visa is accepted, but you must top them up before you can spend money.
The more CRO you stake, as with its other products, the bigger the benefits. The top-tier Obsidian card earns 8% cash back (more precisely, crypto back) and comes with a slew of added benefits. To qualify, you must stake 5,000,000 CRO. If you don't have a lot of cash, the no-risk Midnight Blue card gives you 1% back on purchases. With the Ruby Steel card, you'll get 2% return on a 5,000 CRO stake (about $750). There is no annual cost, and depending on the card, you will receive a certain number of free ATM withdrawals and foreign transactions per month.
Earn Interest with Crypto.com
Crypto.com is more than just a website where you can buy bitcoin and other cryptocurrencies. Account-holders can also earn significant interest rates. The lowest interest rates on Crypto.com are higher than the finest high-yield savings accounts. The greatest interest rate you can receive is 14 percent, but you'd have to keep a lot of cash in CRO to qualify, much like with the Visa card bonuses.
Your interest rate is determined by how long you leave money, the currency in which you save, and the quantity of CRO you have risked. You can raise your interest rate if you do the following:
- Invest more than 50,000 CRO. You can receive much more if you bet 500,000 CRO, which may be out of reach for many investors. It is deposited for a three-month duration. Although flexible and one-month durations are available, three-month terms receive the best rates.
- Purchase a stablecoin. Stablecoins are coins that are linked to fiat currencies or commodities. You could, for example, invest in a stablecoin that is tethered to the US dollar. You'll earn more interest, but your coin's value is unlikely to rise in the same way that a standard cryptocurrency would.
Supercharger
In September 2020, Crypto.com debuted Supercharger on its exchange. UniSwap was the first project to debut on Supercharger, with a $500,000 USD budget. Their most recent Supercharger event is Axie Infinity.
Supercharger is a straightforward, adaptable, and safe liquidity mining platform for the most popular cryptocurrency projects, including UniSwap, Polkadot, and Bitcoin. Users are rewarded with tokens for placing CRO tokens into the Supercharger pool. Any confirmed Crypto.com Exchange user who has any CRO to deposit is able to participate!
It is a great way to diversify your crypto portfolio without any hassle!
No comments:
Post a Comment