Hello!
Yesterday I posted that I finally received the Crypto.com debit card to pay with €/$ or crypto and get a 2% back.
That night I went to eat dinner with some friends in a restaurant and I got 0,177 MCO (worth 0,61€) back paid instantly to my account. Today I did a couple more purchases and I also received the money back.
The debit card works like a normal one, you just need to have some liquid in your Wallet and some MCO staked to enjoy the rewards. I am fascinated for this new world of opportunities that is emerging in front of us!
My plan is to keep using this debit card for my daily expenses and I will avoid cash at all costs. Right now, I don't have any incentive to pay in cash, as I will be able to earn 2% back if I pay with the card.
A 2% may sound a low percentage but for me it is ok. It compounds overtime and is "free money".
I hope that the project of Crypto.com doesn't end as a scammy project.
I have not identified any red flags and the team looks really committed to the project. Time will tell if I am right.
Below you have a photo of the 2,42€ that I have earned during this 2 days:
Actually the MCO token is worth approximately 4$. It has been ranging from 6 to 2,8$ this year, so in addition I could be able to see an appreciation on the price of my cashback if I decide not to withdraw it.
I am still waiting for a correction to put more money in crypto, but it seems that anytime I make a decision the market is turning to the opposite direction. What I have in my side is that I am not in a hurry and I am just investing money that I don't need.
It is fun because I have mixed feelings when I see the markets rising. From one side I am happy because my money is appreciating but on the other side I am not 100% comfortable about my portfolio and I want to invest more!
Enjoy! 😊
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