Crypto.com, "Cryptocurrency in Every Wallet"

Hello everyone and welcome to another episode of PTFFTF ( imma change this shortcut lol ) Project to Follow for the Future!

Spoiler alert: this article is full of bias since i really like this project and i've invested a lot of my time and money on it, all of this is my personal view and not financial advice, do your own research blahblahblah.

Ready?

Set,

Go!

So I started my journey on crypto.com on November 2019, the company was born couple years back, but they were starting to get real and delivering onto their promises in 2019,

I was convinced to hop on board on this awesome project mainly for their Metal MCO Visa card, so shiny so cool!

And decided to stay with them until now (and to my death ahaha !) thanks to all the other services that Crypto.com offers to their users.

Crypto.com goals:

Their motto: “Cryptocurrency in every wallet” summarizes perfectly their goal: to accelerate the world transition to mass adoption of Cryptocurrencies.

They will achieve that thanks to their massive amount of services and their restless efforts in community engagement campaigns.

I’ll describe quickly all their services and then get started on the juicy part, the economic one, to answer the simple and genuine question,

HOW MUCH CAN I GET OUT OF THIS?. ( skip to the end if that's what you are interested )

Financial Services that Crypto.com offers:

MCO VISA CARD’s:

Crypto.com offers 4 tiers of their shiny, elegant, super cool METAL card, each Tier come’s with different perks, and in order to acquire a card you must stake MCO tokens for a 6Month period.

MCO is their first token released in the 2018 with a value at the time of writing of approx. 4$ and an ATH of 23$

This picture below will show you all the perks and benefits each tier give’s and how many MCO’s you’ll have to stake in order to get them.

Earn:

Lock any listed cryptocurrency in the app  and receive interest rate’s on them, PASSIVE INCOME YAY!

Depending on the coin and the amount of MCO you staked ( that you probably already staked for the card ) you get up to 16%API paid weekly.

The best part of this feature is the 12%API on STABLE COINS, yes you can stake your TUSD, DAI, USDC, PaxosStandard and get annual percentage interest of 12 !

Invest:

This feature is for the filthy rich ( wich I’m not, I’m a humble university student ) since you only get access to it if you lock at least 5K MCO for a tier 3 card.

Basically it’s crypto.com algorithm of automated investing strategy, you invest an amount of USD, the algorithm converts it into different coins depending on the riskiness your willing to take, buying more btc and less stable coins if you set it in "Growth" or mainly stable coins and less btc for the "Balanced" and "Conservative" options.

CryptoCredit:

SPOILER: I've never used this feature.

You can get a loan paid in Stable coins by using your crypto assets as collateral, up to a minimum of 8% APR

Crypto.com Exchange:

This is where thing get's hot, Crypto.com just started his own exchange (it’s in beta but everyone with a Crypto.com account can have access to it )  designed to work with CRO, it’s second token with HIGH liquidity and low price.

The exchange is connected with the app and is accessible only by pc at the moment.

Plans to integrate the exchange into the app and the app features in the desktop version are undergo.

Inside the exchange you are encouraged to STAKE CRO for a MASSIVE API of 20%.

Beside of giving you an amazing API, (that alone in my opinion, is worth it) the Exchange stake allows you to have rebated fee’s on the exchange transactions, up to 100% rebated fees.

But most of all allow’s you to participate in TheSyndicate.

The exchange recently added a very loved feature, the Soft staking. Basically just by having crypto in your exchange wallet you earn interest up to 3%, you don’t have to lock them or anything, just by keep them there, you earn interests.

This applies also to the crypto in ongoing orders!

The Syndicate:

This is one of the best features of the crypto.com universe, they basically sell a fixed amount of a crypto of their choice at a discounted rate, usually 50% discount, to all users that have an exchange account and have staked at least 10K CRO.

Based on how much you staked you are eligible to contribute more CRO to buy the discounted Crypto.

They already successfully listed at 50% discount: EOS, XLM, ATOM, LINK, XTZ. and a bonus round of Bitcoin at 25% discount.

Next on the list is Bitcoin cash!

Community engagement:

The company is very active on social networks such as Instagram telegram and twitter and they always have some competition going on, rewarding it’s users for social interaction, further more they have monthly trading arenas on the exchange.

I personally won 200$ worth of CRO in the various trading arena competition, and I can assure you I’m not a trader at all.

To participate in this events you don’t need to be a tech-savy. FREE MONEY YAY!

This month’s super offer is the MARCH MCO MADNESS, basically if you hop on board of this project before 30th of March, and you lock MCO for a card and stake CRO on the exchange, crypto.com will give you free CRO from a minimum of 500 up to 500.000CRO!

THE JUICY PART

Ok i've listed to you all the basic info, now let's draw some conclusions and beloved numbers to answer the fateful question, HOW MUCH CAN I GET OUT OF THIS ?

Let's say you decide to hop on board this amazing project now, investing for the tier 2 card, using any referral link ( i'll post you mine <3 )

you get 50USD worth of MCO upfront for free, that will be unlocked when you stake for a card.

500MCO now worth 4$ so it's a 2000USD investment, plus at least 20K CRO to use the exchange and participate in the syndicate. total of 2720USD.

The card give's you 3% Cashback on everything plus Spotify (9.99$ monthly rebate) and Netflix (12.99$ monthly rebate). assuming that you spend 1000USD a month that give's you back a total of 52.98USD a month.

Plus the 20% api on the 10K cro you staked, roughly 5CRO a day for 30day's = 150CRO's = 5.40USD

Plus the MARCH MCO MADNESS gift of 500CRO = 18USD

So you just received/earned/saved a total of 126.38USD in a month.

After a year this amount would become: 771.76USD

ALL of the Above doesn't count:
the trading arena bonuses,

the syndicate discounted sales,

all the possibility's of earning interest on stable coins in the EARN feature,

and most of all this amount doesn't keep track of the price changes in the coins we just bought,

MCO and CRO are trading below their potential, they will reach all time highs in the future since this project is at his beginning, your initial investment of 2720 could easily grow into a 20K USD balance. 

this is my referral link if you fancy downloading the app and register, just to check it out, it's free and you receive 50USD immediately.

Use my referral link https://platinum.crypto.com/r/rkmv39mz7z to sign up for Crypto.com and you get $50 USD :)

Hello everyone,

hope this article finds you well and healthy during this world pandemic. It’s my 15th day of quarantine ( I’m from norther Italy ) and I’ve decided to start a column here on Publish0x about Crypto/Blockchain project’s with a bright future. All of the above being in my humble opinion, since I’m neither a blockchain expert nor a financial advisor; so take my words as friendly hints and nothing more, and remember to always do your own research before invest in anything, above all if it’s in the crypto-sphere.

Happy quarantine to you all, Albertout.