18 grams of Bitcoin
If you’re an insider, you won’t have missed out on the extravagant fees that cryptocurrency exchange platforms levy on every move. Are you looking for a platform that doesn’t eat into your winnings and offers everyday benefits? The Crypto.com app is the answer.
TL;DR
- Free metal card to spend your cryptocurrencies or fiat currencies at no cost while enjoying cashback on all spending.
- Block your capital in CRO (Crypto. com Coin) for a period of 6 months increases the amount of interest as well as cashback on spending and Netflix, Spotify and Amazon Prime subscriptions.
- DeFi Wallet (customers in possession of their keys) and support for more than 250 cryptocurrencies.
The Crypto.com card mobile app lets you buy, sell and spend over 250 cryptocurrencies.
Crypto.com Review: 4.8/5
This review about Crypto.com reflects our experience and tests. It is limited to this section for general information purposes only and does not constitute financial advice. The rest of this page is informative and objective (except Customers Reviews about Crypto.com at the bottom of the page).
Crypto.com Review
Our overall review of crypto.com is positive. This application is quick to pick up and allows you to buy and sell cryptocurrencies at unbeatable fees. The CRO, crypto.com's token, broadly follows the bitcoin price, making it stable in the crypto ecosystem. This is an important point, given that stacking it is required to take advantage of the very generous cashback and $25 referral bonus.
Benefits
- Potentially very high cashback
- Easy to learn, even for novices
- Low fees and easy withdrawals
Disadvantages
- Very high stacking levels to move upmarket
- Low CRO value over the past 1 year
Features and Benefits of Crypto.com
- 1 free Visa debit card among 5 available ranges (depending on the amount of capital locked) and 7 colors. Payment information is located on the back of the card.
- 1 UK bank account
- 1 proprietary token: the Cronos (CRO).
- More than 250 supported cryptocurrencies, including Bitcoin, Ether, Binance Coin, Bitcoin Cash, Litecoin, etc.
- More than 20 supported fiat currencies, including euros, dollars, Singapore dollars, Swiss francs, etc.
- Interest rates of up to 8.5% per year on standard cryptocurrencies and up to 14% per year on stablecoins. Cryptocurrencies must be locked for a period of 1 or 3 months to achieve these returns. Interest is paid every 7 days.
- 10% cashback on the purchase of gift cards at major French and international retailers. Carrefour, Decathlon, Fnac/Darty, Ikea, and Foot Locker are some of the stores where gift cards can be purchased directly from the mobile app.
- Cashback between 1% and 5% in CRO on almost all purchases.
- DeFi Wallet: clients own their keys and therefore their cryptocurrencies.
- Ability to borrow fiat currencies with Crypto Credit by using cryptocurrencies as collateral.
- Crypto Invest automatically allocates your investments to the most promising cryptocurrencies for you (according to Crypto.com’s algorithm).
- Fee-free exchange of one crypto for another.
- Buy and sell NFTs
- No fees on cryptocurrency purchases and sales
- Account top-up by bank transfer or credit card
How the debit card works?
The Crypto.com card is a reloadable debit card. This means that to use it, you must first top it up from a fiat or crypto wallet. The process is immediate.
Once the card is credited with an amount in euros or another currency, you can no longer transfer all or part of that amount back to your fiat wallet: it can only remain on the card or be spent. So make sure you have your PIN code and card before topping it up.
CRO and MCO: Crypto.com Tokens
A token is a cryptographic currency that is the equivalent of a fiat currency, except that it is virtual and issued by a private institution (not a Central Bank). Crypto.com has two proprietary cryptocurrencies: CRO and MCO.
- The CRO (short for “Cronos”) allows for transactions with lower fees. The CRO also inherits the historical functions of the MCO, allowing access to higher levels of Crypto.com through Staking.
- The MCO has been replaced by the CRO. Locked for several months, it allowed access to a better version of the card (see the table below).
Insurance and Assistance
- There is no insurance with Crypto.com cards
- Support is provided in French via a private Telegram group
The Crypto.com account details the distribution of different types of assets (cryptocurrencies, fiat currencies, NFTs, etc.) and their real-time value.
Crypto.com Card Pricing and Conditions
Midnight Blue
No CRO staking required*
PVC card
1% cashback with or without staking**
$200 /month free withdrawal
$2,000 /month foreign payments
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-
Ruby Steel
5,000 CRO staking required*
Metal card
2% cashback or 1% without staking**
$400 /month free withdrawal
$4,000 /month foreign payments
Spotify rebate
-
Indigo and Green
50,000 CRO staking required*
Metal card
3% cashback or 1.5% without staking**
$800 /month free withdrawal
$10,000 /month foreign payments
Spotify and Netflix rebate
Lounge access for one
Rose Gold and White
500,000 CRO staking required*
Metal card
5% cashback or 1.75% without staking**
$800 /month free withdrawal
$20,000 /month foreign payments
Spotify + Netflix + Amazon Prime and Expedia (10%) rebates
Lounge access for one and a guest
Obsidian Black
5,000,000 CRO staking required*
Metal card
5% cashback or 2% without staking**
$1,000 /month free withdrawal
Unlimited foreign payments
Spotify + Netflix + Amazon Prime
Expedia (10%) and Airbnb (10%) rebates
Lounge access for one and a guest
“Stake” or “Staking” refers to holding CRO tokens in your Crypto.com Wallet for a period of 6 months. ** Cashback and subscription rebates are paid in CRO.
Crypto.com Card Limits
| Payment Limit | Withdrawal Limit | |
|---|---|---|
| Midnight Blue |
€2,000 | €200 |
| Ruby |
€4,000 | €400 |
| Royal Indigo |
€10,000 | €800 |
| Jade Green |
||
| Rose Gold |
€15,000 | €800 |
| Ice White |
||
| Obsidian |
Unlimited | €1,000 |
The Midnight Blue Visa card is sent free of charge to all Crypto.com users who request it. Expect a 10-day delay between ordering and receiving it.
Open a Crypto.com Account
Conditions
People wishing to open a Crypto.com account must meet the following conditions:
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- Reside in the EEA
Reviews
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