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⏰ Time Stamps ⏰
7:41 What is Crypto.com?
8:19 MCO Vs CRO
16:14 Crypto.com Cards
18:16 Crypto.com Exchange
20:34 Final Thoughts
⛓️ 🔗 Helpful Links 🔗 ⛓️
► Interview with CEO: https://www.coinbureau.com/interview/crypto-com-ceo-kris-marszalek/
► Website: https://crypto.com
► Whitepaper: https://crypto.com/images/mco_whitepaper.pdf
► Exchange: https://crypto.com/exchange
► iOS App: https://crypto.onelink.me/RSfq
► Android App: https://crypto.onelink.me/veNW
📱️ Socials 📱
► Twitter: https://twitter.com/cryptocom
► Telegram: https://t.me/CryptoComOfficial
► Blog: https://blog.crypto.com/
📰 Interesting Article 📰
► Crypto.com invoice feature: https://cryptoslate.com/crypto-com-enables-invoice-creation-in-btc-eth-xrp-ltc-and-eth/
❓ What Is Crypto.com ❓
There is more to Crypto.com than mere crypto visa cards. The ecosystem includes a bunch of working products such as:
► Merchant tools to make it easy and simple for online businesses toaccept crypto payments.
► Crypto Invest opens up automated quant trading to a few lucky Crypto.com members.
► Crypto Credit is a crypto lending platform that enables crypto users to get loans with no credit scores. Crypto Earn is the other side of this lending platform and empowers users to supply crypto to earn interest of up to 18% per year.
► The Crypto.com app which enables users to buy and sell crypto between seven different fiat currencies. It also serves as a fiat gateway into crypto like Coinbase and has a ton of other cool features.
💰 MCO Vs CRO 💰
MCO is the utility token of the Crypto.com ecosystem that was issued to investors in the 2017 token sale. It essentially unlocks functionality or Crypto.com ecosystem perks like fancy crypto visa cards if you stake a certain amount.
However, the CRO token is a cross-asset intermediary currency used to settle asset swaps on the Crypto.com chain. The token can also be staked to unlock benefits on the new Crypto.com exchange.
💳 Crypto.com Cards 💳
I also go through the different MCO card and assess the value of their perks. Here is a brief summary:
1️⃣ MCO Blue Card | Cost: FREE
► 1% cashback on all purchases.
2️⃣ MCO Ruby Card | Cost: ~ $250
► 2% cashback
► FREE Spotify
3️⃣ Indigo & Jade Card | Cost: ~ $2.5K
► 3% cashback
► FREE Spotify & Netflix
► Airport Lounge Access
4️⃣ White & Rose Gold Card | Cost: ~ $25K
► 4% cashback
► Amazon Prime
► An extra 2% per year interest rate for fixed term deposits on Crypto Earn
► Inheritance service and more.
5️⃣ Obsidian Card | Cost: ~ $250K
► Insane perks – watch the video to find out what you get here.
📈 Crypto.com Exchange 📈
Crypto.com’s new exchange is currently in beta. However, it already supports trading for over a dozen cryptos. I will not lie; the interface looks amazing. But as it’s an entirely new exchange, the trade volumes are still pretty low.
Users can get 20% trading fee discounts by staking 10K CRO. However, what really sets the exchange apart from others is the Syndicate section. What on earth is this? Well, when a new coin is listed on the exchange, a discounted allocation of the coin worth $500,000 is made available to people like you and me. Even better, the discount is a whopping 50%.
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.
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