Crypto.com represents one of the world’s most popular crypto debit card providers. Founded in 2016, the company believes that people throughout the world should have the liberty of freely controlling their online money, identity, and data. So far, the platform has attracted over 10 million users, has 2600 employees and is presented in more than 90 countries.

Crypto.com provides a digital currency-funded debit card, alongside a series of other services. These include a fully-fledged exchange platform, a DeFi and crypto wallet, the ability to stake coins in exchange for interest, a crypto payment processing platform, and a lending service.

The crypto debit card can be funded via crypto deposits, which are instantly converted to the user’s currency of choice as well as via top-ups through the FIAT-wallet. Payments and ATM withdrawals are supported wherever Visa is accepted.

In regards to the lending service, users can deposit crypto as collateral and obtain an instant loan in USD, PAX, USDC or TUSD. The credit can be spent directly via the company’s Visa card. Improved interest rates are granted to those who stake CRO, a native token enabling cross-asset currency settlement within the Crypto.com blockchain.

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Perks and rewards: free Spotify, Netflix, Amazon Prime

When signing up for a Crypto.com card, users can choose to stake CRO (the Crypto.com cryptocurrency) in order to obtain perks and rewards. CRO is obtained either by purchase or as a reward for spending via the card. Higher CRO staking will gain you access to improved card tiers.

With this in mind, users can unlock cashbacks together with free Spotify, Netflix, and Amazon Prime subscriptions. Expedia and Airbnb discounts are available as well. High tier card owners will unlock bonus interest, a private concierge, a merchandise welcome pack, access to airport lounges, and higher no-fee limits.

You can apply for the free card, earning up to 1% cashback or choose to stake CRO for a higher reward card:

“Staking” means that you purchase for example $400 of CRO and then lock it for 180 days for a “Ruby Steel” Visa Card. During the 180 days you earn interest in CRO. For example staking $4000 of CRO for an Indigo card will earn you 10% p.a. in CRO interest of the staked amount. You will only be able to “unstake” and get your CRO back after the 180 days. Your virtual Visa Card will be issued immediately and your physical card will be shipped within 2-4 weeks.

While the Ruby Steel and the Midnight Blue do not offer any other card benefits, it starts to become interesting once you stake for the Royal Indigo & Jade Green Visa Card. Here you will get your monthly Spotify and Netflix subscription returned in CRO – the requirement is purely that you pay monthly via your Crypto.com Visa Credit Card. From the Royal Indigo & Jade Green-tier upwards you will also get Free Airport Lounge Access (at a value of $32 per visit).

Staking for the Frosted Rose Gold & Icy White (requires $40,000 to be staked) gives you Spotify, Netflix, Amazon Prime as a 100% rebate but also a 10% Expedia discount. In addition you will get a private welcome-pack (t-shirt, hoodie, cap) and you can take an additional guest for free into the airport lounge.

Each credit card will also earn you between 1-8% (depending on tier) in cashback off the total paid back in CRO.

How do I apply for the Crypto.com Visa Card?

You need to stake CRO tokens for a Period of 180 days to apply for a Crypto.com Visa Card.

To do so, first sign up for a Crypto.com App account (please use my referral code “ref6ayzqvp“) and complete our KYC verification. Next, purchase CRO tokens and deposit them into your Crypto Wallet in the App. If you buy CRO directly in the App, then no action is required. The amount of CRO depends on the card tier you’re applying for.

Finally, go to the ‘Card’ tab in the App, select your desired Crypto.com Visa Card, tap the ‘Stake CRO’ button, and follow the on-screen instructions. You will be issued a virtual card which can be immediately used and you will get a notification when your physical card ships – you should have your card within 2-4 weeks.

How do I redeem CRO rewards and purchase events?

All card rewards are paid in CRO and deposited into your Crypto Wallet in the Crypto.com App. CRO Rewards are instantly reflected with each eligible transaction. Purchase rebates are reimbursed to the USD/EUR equivalent, and the rebate cap is reset on the first day of each month.

How do I top-up my card?

You can top up your card using your Fiat Wallet, Crypto Wallet, or credit/debit card in the Crypto.com App. Go to the ‘Card’ tab, tap ‘Top Up’, and select your preferred method.

The Crypto.com App and some features

Using the Crypto.com App allows you to manage the credit-card within the app:

Since it is a Visa Debit Card, the card needs to be “topped-up” via the App either through your Crypto Wallet (supported are many popular currencies such as USDC, BTC, ETH, XRP, DOGE, LTC and more), your Fiat Wallet or through a credit card.

Within the Crypto.com app you will also see your card transactions, staking period and cashback transactions:

CRO stake rewards are paid weekly and you will get an app notification:

Mining DeFi tokens with the Crypto.com Supercharger

If you have used the Crypto.com App or Exchange, you may have noticed that both of them have this function, called the Crypto.com Supercharger:

Crypto.com’s Supercharger is a fuss-free way to deposit your CRO tokens and mine DeFi tokens as your reward. There are no fees charged, and you are able to withdraw your CRO tokens at any time as well, making this a flexible way of earning these DeFi tokens. When you deposit your CRO tokens into Supercharger, you are adding liquidity to the centralised pool.

As a reward for providing this liquidity, you will be issued a DeFi token. The token you receive depends on the current Supercharger event that is happening. The amount of tokens that you receive will be based on your liquidity score. The higher your liquidity score, the more tokens you will receive!

How does Crypto.com’s Supercharger work?

The Supercharger has two periods: the Charging Period and the Reward Period. The Charging Period is the period that you’re depositing your CRO into the liquidity pool. Meanwhile, the Reward Period occurs immediately after, where you will receive the DeFi token over a period of time.

The Charging period can last anytime between 30-45 days, depending on the event. Once the Charging Period has ended, your liquidity score will be calculated. Your liquidity score is based on the liquidity you provided during the Charging Period.

Once the Charging Period has ended, the amount of rewards you’ll receive will be calculated. When your reward has been calculated, you’ll be given a notification to accept your rewards:

To receive your full reward, you’ll have to accept your reward before the start of the Reward Period. If you only accept your reward halfway into the Reward Period, you will lose your rewards for the previous days! As such, it would be best for you to keep a lookout for this notification when the Charging Period has finished.

After accepting your rewards, the total allocation will be split between 30-45 days. During each day, your reward will be issued to you. For example, you may have accepted a reward of 30 X tokens. If the Reward Period lasts for 30 days, you will receive 1 X token each day.

There are no fees or risks involved in participating in the Supercharger. You will obviously need to have your CRO charged for the entire period to achieve the highest liquidity score and you should accept the reward as soon as you are notified. Since the rewards are paid out daily, the later you accept the more payouts you will miss.

Once the Supercharger period is over, you will automatically participate in the next Supercharger event (I moved for example from HBAR to the current ETH event).

Referral Deals – get $25 worth of CRO for signing up with the App

If you are interested in signing up for a Crypto.com account, you can use my referral link and enter the code ‘ref6ayzqvp‘.

Referral Deals – get $10-$50 worth of CRO for signing up with the Exchange

You should sign up for the App and the Exchange as there are additional benefits with the Exchange. If you are interested in creating a Crypto.com Exchange account, you can use my referral link and enter the code ‘ref6ayzqvp‘.

Depending on the amount of CRO you stake on the Crypto.com Exchange, you are able to earn between USD $10 to USD $50:

Use my referral link https://crypto.com/app/ref6ayzqvp to sign up for Crypto.com and we both get $25 USD
During signup use my referral code ref6ayzqvp to claim your reward

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