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Review on Crypto.com by Jeremy Fenge
Solid place to buy your Crypto, friendly to noobs.
Crypto_com was my first real experience with the crypto-market, everything is easy to use and easy to understand.
This is important, because it will let more noobs join crypto in general, thus enhancing other projects and the Crypto_com Coin (CRO).
The most noticeable, the Visa-Cards work for almost anything (there are a few exceptions), they offer a nice T H I C C Cashback, which depends on what card you are staking for.
For most people like me, the Ruby-Steel Card makes most sense:
1) You just need to stake 350EUR worth of CRO
2) You get a 2% Cashback for whatever you buy with it, go heck buy a lambo
3) You get a monthly Spotify cashback of 9.99EUR
Lets calculate a bit further:
in 1YEAR:
12*9.99EUR Spotify Cashback = 119,88EUR
+
12*500EUR*2% Cashback = 120EUR
(if you spend more than 500 bucks, you get logically more cashback)
=
239,88EUR in just one year wow + plus you could unstake your CRO anytime and get your money back. (but also loosing card benefits)
No fees and shipping is free.
Now with the Mainnet launch, it took a while to get my CRO to the DeFi-Wallet, but the earn rates are crazy, 57% APY on 28th, March, 2021.
They do will eventually go down to 20%. But free CRO are free CRO, you cant say no.
The only negative thing is the slow Costumer service, sometimes you have to resubmit questions so they get answered. But trying to contact their social media can help you.
Pros
- Easy to use
- Good staking options
- DeFi-Earn rates are holy
- Visa-Cards work flawlessly
Cons
- Costumer service may take longer
