Crypto.com

Crypto.com is a one-stop-shop for users to buy, spend and save cryptocurrencies such as Bitcoin, Ethereum and Binance Coin. With a multitude of staking options to unlock various features such as interest rewards, cash-back and rebates, the company is strongly geared towards everyday individuals looking to make the most of their digital asset holdings.

The platform uses two native tokens, MCO and CRO, which serve different roles in the company’s larger ecosystem. MCO, the first token created by the project, is used as a staking mechanism to unlock tiered benefits and to upgrade credit cards with higher feature sets. In short, the more MCO you stake via the Crypto.com mobile application, the higher savings, rebates and cash-back incentives become available to you.

crypto.com (invest and deposit 200 $ (50 MCO) for 6 month and you get $ 50 $ bonus!

 

Jou must need  referral code for 50 USD:

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when sign up with this code, you earn $50 in MCO with your first deposit of $200 or more!

About crypto.com:

Crypto.com is a multi-site company based in China (Guangdong, Shenzhen), Hong Kong and Bulgaria (Sofia City Province, Sofia). The company's CEO is Kris Marszalek, who has successfully built and sold several companies in Asia. (BEECRAZY). Further information about the company and the team can be found under “About us” on the website.

 

Crypto.com has an active partnership with Visa and offers several different Visa Debit Cards in a cool design on its platform. Which design and which card you get depends on the number of MCO tokens. The CashBack on purchases also differed here. With the "Obsidian Black" card you get up to 5% CashBack on your purchases with the card and a daily cash limit of $ 1000. The platform informs its customers via Facebook, Twitter and Linkedin. Apart from the WHOIS protection (which is now standard in the crypto area), the company is quite transparent. The research carried out on the Internet so far shows a very positive picture and speaks for a reputable company. However, we always recommend caution and never invest more money or coins than you are willing to lose.

 

The crypto.com wallet is available for Apple (IPhone) as well as for the Google Play Store. The app has good recessions and works perfectly. Downloading and using the app is free and fairly intuitive. The KYC process and other settings can be carried out directly in the app. Anyone who uses the app will notice the professionalism of the company when setting up the account.

 

In addition to the crypto.com Coin (CRO Token), the MCO Token can of course also on the wallet: Bitcoin, Ethereum, Ripple, Thether, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, ChainLink, Dash, Tezos, Ethereum Classic, Cosmos, NEO, USD Coin, Maker, VeChain, and many more. For the rewards, you have to store your desired coins in the system for a specified period of time. You can find out more about this under the point "Earn Cryptos".

 

The platform crypto.com was founded in 2016 and has been active on the market since then. The development of the company is remarkable. In the team and in the company history you can see a continuous positive development. More than 10,000 people have subscribed to the company on Facebook. An important aspect for a reputable company in this branch is regular updates on the social media channels.

 

The company holds the private keys, so please note "Not your key, not your coin". If the provider is hacked or gets into financial problems, your deposits are at risk. Therefore, please never invest more money or coins than you are willing to lose.

About CRO Token:

CRO Token enables transactions between currencies and assets to be processed for the native Crypto.com chain. It is available on several global exchanges. The CRO token fulfills the following functions: • Allows currencies to be transferred between different coins • Participants who write transactions on the network use CRO to pay the block transaction fees • The participating nodes are rewarded in CRO for processing and validating transactions in the network • Customers who pay directly with CRO pay minimal fees Similar to Binance with the BNB token, the CRO token acts as a utility token for paying fees.

 

About MCO Token:

Crypto.com carried out the MCO token sale from May to June 2017 and raised $ 26.7 million. MCO has a trading volume of 15.8 million tokens and is traded on 22 exchanges worldwide. The MCO token program has been significantly improved since it was launched and is still being developed. The MCO token is an ERC-20 token that entitles to certain staking rewards within the crypto.com universe. Depending on how many MCO tokens are held, the better conditions you get for your credit Card.

 

Earn Cryptos with crypto.com:

Extremely exciting and certainly interesting for most users, the "earn" program from crypto.com. You get an interest on the fixed investment of various coins at crypto.com. This in turn depends on the investment time, the coin and the amount of MCO tokens you hold.

All Statements without guarantee!

Write a comment

Comments: 13
  • #1

    Crypto.com Team (Monday, 24 February 2020 12:40)

    Crypto.com adds a frequently requested feature - Dust Conversion - to the Crypto.com App, allowing users to convert crypto dust to either MCO or CRO - turning crypto dust into usable crypto to trade or spend and decluttering crypto wallets.

    Users can now convert balances in the Crypto.com App below the minimum trading amount (approximately < 0.003 BTC) to MCO or CRO.

    Find the newly added “Dust” button on the Crypto Wallet screen of the Crypto.com App. See FAQ for more details. This feature is available with Version 3.49 (iOS and Android)

  • #2

    Crypto.com Team (Monday, 24 February 2020 12:41)

    Crypto.com, the pioneering payments and cryptocurrency platform, announced today the launch of the new onboarding platform for merchants to sign up for the Crypto.com Pay Checkout service. To celebrate the launch of the platform, new merchants signing up for Crypto.com Pay Checkout will enjoy a settlement fee waiver for 6 months.

    Through Crypto.com Pay Checkout, online merchants can offer their customers the option to pay with cryptocurrencies like BTC, ETH, XRP, LTC and CRO using Crypto.com Pay, an online payment solution powered by the Crypto.com Chain. Merchants now can accept cryptocurrency without worrying about price fluctuation, as payment amount in the fiat currency of their choice is guaranteed. No technical knowledge is required to integrate the Crypto.com Pay Checkout solution, all it takes is a few lines of codes added to the online store, and it is also available in the form of a simple e-commerce platform plug-in.

  • #3

    Crypto.com Team (Monday, 24 February 2020 12:43)

    With the latest Crypto.com App update (Version 3.49 for both iOS and Android), we have updated the navigation flow of the Transfer function to make withdrawals and deposits easier for users.

    All deposit & withdrawal options for both crypto and fiat are now consolidated under the Transfer button on the home screen.
    Crypto.com Exchange option added for users to transfer crypto from Crypto.com App to Exchange (applicable to users who have signed up for Exchange).

    Crypto.com Users option added to the crypto withdrawal options for users to send crypto to other Crypto.com Users using Pay Your Friends.

  • #4

    Crypto.com Blog (Monday, 02 March 2020 11:32)

    Welcome to March MCO Madness
    Crypto.com rewards community following the successful launch of the Crypto.com Exchange

    Hong Kong, March 2nd, 2020> Crypto.com, the pioneering payments and cryptocurrency platform, announced today that it will reward its long-standing community with an exceptional one-month promotion for any users joining the successfully launched Crypto.com Exchange platform with rewards up to 500,000 CRO!

    From 1st March at 00:00 UTC to 31st March at 23:59 UTC, any Crypto.com App user with MCO staked on App that opens an account on the Crypto.com Exchange and stakes CRO, will enjoy the following reward:

    50 MCO staked: 500 CRO (min. 10,000 CRO stake)
    500 MCO staked: 5,000 CRO (min. 50,000 CRO staked)
    5,000 MCO staked: 50,000 CRO (min. 500,000 CRO staked)
    50,000 MCO staked: 500,000 CRO (min. 5,000,000 CRO staked)
    All Crypto.com Exchange approved users, including users who opened an account on or before 1 March 2020 are eligible.

    Note:

    Both MCO and CRO criteria must be met. The amount of CRO reward entitled by a user is determined by the lower of the MCO and CRO staked at the time of the snapshot. (E.g. if a staked 500 MCO in the Crypto.com App and staked 10,000 CRO on the Exchange, the user will be entitled to 500 CRO rewards.)
    An active 6 month stake for the MCO Visa Card during the campaign period is required. If you've previously unlocked your MCO stake in the app, please contact our in-app support to request to re-lock your MCO tokens.
    MCO and CRO staked amount snapshot will be taken on the last day of the campaign.
    Crypto.com reserves the right to cancel or amend the campaign rules at its sole discretion.
    CRO rewards will be issued within 14 days after the campaign ends. Eligible users can log in and see their rewards in their Crypto.com Exchange CRO wallet.

  • #5

    Crypto.com Team (Thursday, 05 March 2020 15:33)

    It is time to answer the call to the Arena for our fourth trading battle - featuring LINK! Eligible participants will share daily $50,000 USD worth of CRO rewards across 5 days. Participants can increase their chances to win rewards by using the CRO Trading booster!

    Begins: Sunday, 8 March 2020, at 16:00 PM UTC (Monday 9 Mar 00:00 HKT) Ends: Friday, 13 March 2020, at 16:00 PM UTC (Saturday 14 Mar 00:00 HKT)

    LINK Lucky Draw – US$ 25,000 Rewards
    All users who trade LINK Daily Trading Volume* of 25 LINK or more during the competition period enter a Lucky Draw. Every day, we will randomly select 50 users who receive US$100 worth of CRO each.

    LINK Volume Battle –US $25,000 Rewards
    The top 100 users by LINK Daily Trading Volume* will be able to enter the X-Arena to battle for prizes. Every day, the top trader by volume will receive US$1,000, 2nd Place US$600, and 3rd Place US$400 in CRO. The remaining users will enter a lucky draw, and 30 winners will be drawn every day to receive US$100 worth of CRO each.

    *LINK Daily Trading Volume: Defined as buys and sells on one day across any LINK trading pairs.

    Boost Your Chance of Winning With CRO Trading Booster
    CRO Trading booster increases your chances to win the daily lucky draw by the following factors:


    Battle Terms:

    Applicable to all Crypto.com Exchange approved users.
    The daily cut-off time for LINK Trading Volume and CRO Daily Net Buys calculation is 16:00 PM UTC.
    Crypto.com will conduct a randomized draw for each day to determine lucky draw winners.
    Crypto.com reserves the right to disqualify trades, which are deemed to not follow market practices.
    Crypto.com reserves the right to cancel or amend the campaign rules at our sole discretion.
    CRO rewards will be issued within 14 days after the campaign ends. Eligible users can log in and see the rewards in the Crypto.com Exchange CRO wallet section.

  • #6

    Crypto.com Team (Monday, 16 March 2020 22:48)

    MCO Visa Cards have begun shipping to customers in the United Kingdom.

    Kris Marszalek, Co-founder & CEO of Crypto.com, said: “We’re pleased to launch the MCO Visa Card in Europe, our largest market. We began shipping in the UK, with the rest of Europe to follow suit progressively over the next few weeks.”

    “I’d like to thank the community for the patience and support. We will provide further updates regarding the roll-out sequence during our first-ever Virtual Meet-up on Thursday, 19th of March, 10am GMT”

    The MCO Visa Card range features high-end metal cards with no annual or monthly fees, an industry leading up to 5 percent cryptocurrency cashback on everyday transactions, airport lounge access for select cards, no fee ATM withdrawals, tap-and-pay functionality, and competitive interbank rates. MCO Visa Cards work anywhere Visa is accepted.

    Reservations for the MCO Visa Card are made using the Crypto.com App which allows users to select their desired card and complete a three-minute onboarding process to register. Using the app, customers are able to manage their card usage, transactions, with the ability to freeze or unfreeze their card with a single tap.

    Unrivaled perks and the incredibly powerful Crypto.com App make the MCO Visa Card a must-have card for every cryptocurrency holder in Europe. This is an important step towards our mission of accelerating the world’s transition to cryptocurrency.

    Note: All cryptocurrency exchanges to fiat currency take place before users transact on the Visa network.

  • #7

    Crypto.com Team (Thursday, 21 May 2020 09:57)

    We have adjusted the Crypto Earn Rates as follows:

    •ICON (ICX) - up to 14% p.a.


    •Litecoin (LTC) - up to 5% p.a.


    •Ripple (XRP) - up to 4.5% p.a.


    The adjusted rates will take effect at 07:30 UTC, 22 May 2020. Crypto.com Private users are entitled to an additional 2% p.a. interest in fixed-term deposits in Crypto Earn (paid in MCO).

    Please note that the interest rate of fixed-term deposits that you have already placed in Crypto Earn remains unchanged. For more details please check the Crypto.com App.

  • #8

    Crypto.com Team (Friday, 22 May 2020 16:45)

    We are excited to unveil our latest product offering - Crypto.com Wallet. Through the Crypto.com Wallet, customers gain ownership of their private keys, allowing them to freely send and receive crypto directly on the blockchain.

    The Crypto.com Wallet marks another step in achieving a fully decentralized product offering, presented as a standalone mobile app:

    •Full Control - Users have full control of their crypto and keys. Easily import any existing decentralized wallet with a 12/18/24-word recovery phrase to the Crypto.com Wallet


    •Security - Private keys are encrypted locally on customer’s device, protected by a passcode, biometrics and 2-factor authentication


    •Flexibility - Send crypto at preferred confirmation speed and network fee

    •Convenience - Connect to the Crypto.com App to easily access the diverse crypto financial services offered by Crypto.com

    The Crypto.com Wallet is designed for all levels of crypto users - beginners will feel at ease as they are gently guided towards making their first transaction, while experienced users will notice significant improvements to common features found on other crypto wallets (in particular, backup recovery phrase and sending/receiving crypto).

    Download the Crypto.com Wallet from the App Store and Google Play today!

    Visit our Help Centre to learn more about the Crypto.com Wallet.

    Thank you for supporting Crypto.com

  • #9

    Crypto.com Team (Wednesday, 03 June 2020 14:54)

    Crypto.com today announced it has achieved ISO/IEC 27701:2019 certification after rigorous third-party privacy audits, making it one of the first companies in the world and the first FinTech and cryptocurrency company, to achieve this coveted privacy certification.
    ISO/IEC 27701:2019 is a milestone in privacy risk management, as the world’s first standard outlining privacy implementation guidelines for data protection around personally identifiable information (PII) within the organization. The audit was conducted by SGS, a leading inspection verification and certification company recognized globally with over 2,600 offices around the world.
    Considered the new standard for data privacy, ISO/IEC 27701:2019 specifies the requirements for establishing, implementing, maintaining, and continuously improving a Privacy Information Management System (PIMS). It also includes requirements for the assessment and treatment of information security risks specific to the needs of the organization.

    Companies determine the scope of third-party security audits, which can be as wide or narrow as they choose. SGS’ company-wide audit of Crypto.com covered multiple departments, functions and products, including the Crypto.com App. The company’s privacy risks and controls were examined against the ISO/IEC 27701:2019 standard, and examined whether the company has put in place a privacy information management system to help to mitigate privacy risks. This certification is an extension of Crypto.com’s existing ISO/IEC 27001:2013 Information Security Management System (ISMS) certification, and focused on continuous security and privacy improvements rather than a “point in time audit”. The organization will need to maintain stringent policies, procedures, controls and commitment to continuously improve in order to maintain its certification status.
    Jason Lau, Chief Information Security Officer of Crypto.com said, “Rather than focussing on one data privacy regulation, our strategy is to work towards having a global data privacy governance model, allowing us to adapt more readily to changing regional regulations. ISO/IEC 27701:2019 is validation to our employees and our customers that our focus is not just security, but also upholding the privacy rights of individuals, and an organizational-wide commitment towards constantly enhancing our global privacy program. This is yet another milestone for our team as we build trust with our customers and partners during our global expansion. This was truly a company-wide effort.”
    The General Data Protection Regulation (GDPR), California Consumer Privacy Act (CCPA), Singapore Personal Data Protection Act (PDPA), Personal Data (Privacy) Ordinance (PDPO) and other data privacy laws are just some of many regulations which are becoming more relevant for organizations around the world both large and small. Achieving ISO/IEC 27701:2019 certification demonstrates Crypto.com’s commitment to meeting these regulatory requirements through its “Defense in Depth” strategy, which now encompasses both security and privacy domains.
    Kris Marszalek, Co-Founder and CEO of Crypto.com said, “ISO/IEC 27701:2019 speaks volumes to our commitment to security and privacy which has been at the core of our business since we started. As we eclipse 2 million users and expand our MCO Visa card into dozens of new countries and markets around the world, we will continue investing aggressively in our users, technology, and processes to maintain the highest standard of security and privacy in the industry.”

  • #10

    Crypto.com Team (Thursday, 06 August 2020 12:06)

    In order to maximise the benefits arising from increasing use of blockchain technology, streamline our operations and leverage the advanced capabilities of the Crypto.com Chain, we are implementing the MCO Swap Program.

    The process for swapping your MCO, and the terms and conditions that apply to this process, are set out below.

    Please read this announcement carefully. Action is required before 2 Nov 2020 at 23:59 UTC, or you will lose the functionality currently associated with your MCO. We will not perform the MCO swap on your behalf and the swap will not happen automatically.[1]

    What is the MCO Swap Program?

    At its core, MCO is a blockchain-based transferable representation of attributed functions of the Smart Contract System.

    There will be no change to this core functionality, but we are expanding MCO functionality and representing it in a new way. Specifically, the MCO Swap Program will involve combining the current functionalities of MCO, with CRO’s utility and technology, in a “one stop shop” token to enable a streamlined Crypto.com ecosystem. The swap program will also serve to leverage the advanced capabilities of the Crypto.com Chain, in preparation of its upcoming mainnet launch.

    Once the swap process is complete:
    •The Crypto.com ecosystem will use one streamlined token (CRO) with the combined functionality, rather than two separate tokens (CRO and MCO).
    •All functions currently attributed to MCO will still exist and will be preserved, but will be enhanced and represented by CRO.
    •MCO that is not swapped will still exist and circulate on the Ethereum blockchain as ERC-20 tokens, but Crypto.com will no longer support these tokens and no Crypto.com service or product will require or permit usage of these tokens.


    What do I need to do?

    Between 3 Aug 2020 at 06:00 UTC and 2 Nov 2020 at 23:59 UTC, MCO holders can swap MCO through the Crypto.com App.

    The Crypto.com App will handle all technical requirements involved during the MCO swap process. To complete the swap process, simply:
    1.Log in to the Crypto.com App
    2.Follow all the on-screen instructions, which should take approximately 2 to 3 minutes to complete.

    You must complete this process by 2 Nov 2020 at 23:59 UTC. Please plan ahead and ensure you leave enough time in case of any internet or system issues.

  • #11

    Crypto.com Team (Thursday, 06 August 2020 12:07)

    At the completion of the MCO swap process, your MCO will be swapped for CRO in the Crypto.com App. See below if you do not have a Crypto.com account or if your MCO is currently staked or held elsewhere.


    Fraud Prevention Warning

    Completing the MCO swap process through the Crypto.com App is the only method for swapping your MCO.

    You may receive notifications from persons impersonating Crypto.com, or you may see posts online from persons claiming to represent Crypto.com. For example, these notifications and posts may request that you send MCO to a particular wallet in order to complete the swap process.

    If you receive such requests, do not send any MCO to any wallet, do not reply to any such notification or post, and please notify us immediately at contact@crypto.com.


    What is the swap formula?

    Crypto.com will use the following formula based on the volume weighted average price as expressed in United States dollars (“VWAP”) to determine the number of CRO allocated to you that reflects each swapped MCO:

    1 MCO = (30-day VWAP of MCO / 30-day VWAP of CRO) x 1 CRO

    (30 days between 4 Jul 2020 to 2 Aug 2020, both dates inclusive)


    MCO to CRO Swap Rate

    Please note that based on the swap formula above, the swap rate of MCO to CRO is fixed at:

    1 MCO = 27.6439 CRO



    Are there any bonuses?

    Crypto.com will offer an Early Swap Bonus in CRO if the MCO swap is performed before 2 Sep 2020 23:59 UTC, based on the following formula and criteria:

    Early Swap Bonus
    Value The participant will receive an Early Swap Bonus, that is equivalent to 20% of the amount swapped at the MCO to CRO Swap Rate.
    Distribution The Early Swap Bonus will be distributed on the Crypto.com Exchange and Staked for 6 months.

    If the participant has not yet registered for a Crypto.com Exchange account, the Early Swap Bonus will be held on the participant’s behalf and will be credited upon successful registration.

    If the Exchange is not available in the participant’s jurisdiction, the Early Swap Bonus will be put on a 3 month Earn deposit in the Crypto.com App.
    Validity Perform the MCO to CRO Swap between 3 Aug 2020 at 06:00 UTC and 2 Sep 2020 at 23:59 UTC




    MCO to CRO Swap Rate, including Early Swap Bonus:

    1 MCO = 33.1726 CRO


  • #12

    Crypto.com Team (Thursday, 06 August 2020 12:08)

    What if my MCO is staked?

    You can swap all your staked MCO to CRO. The remaining number of days on your MCO stake will be preserved on the resulting CRO Stake.

    Simply follow the Crypto.com App’s on-screen instructions in order to swap your staked MCO.

    At the completion of the MCO swap process, your staked MCO will be swapped for staked CRO at the MCO to CRO Swap Rate (see formula above) (the CRO Swapped Amount) in the Crypto.com App. Your staking benefits will remain unchanged and you will continue to enjoy the same benefits as before the swap.

    Following the swap, if you are eligible to unstake and choose to unstake your CRO, the CRO Swapped Amount will be returned to your CRO Wallet.

    What if my MCO is held on an exchange or external wallet?

    If your MCO is held outside of the Crypto.com App, including on the Crypto.com Exchange, you must transfer it into the Crypto.com App in order to complete the MCO swap process.

    For details of transfers, please refer to the Crypto.com App User Guide.

    What if I don’t have a Crypto.com account?

    Compliance is very important to us. Accordingly, you must register for a Crypto.com account and complete your Identification Verification or KYC (Know Your Customer) in order to participate in the swap process.

    What happens after the deadline?

    If you have completed the swap, then you will receive CRO that represents all of the pre-swap MCO functionality (and much more).

    The swap program will finish on 2 Nov 2020 at 23:59 UTC. If you have not completed the swap process by then:
    •you will no longer be able to buy or sell MCO through the Crypto.com App and you will not be able to enjoy the MCO utility within the Crypto.com App as its utility will have been migrated to CRO;
    •you will only be able to withdraw any MCO you hold in the Crypto.com App will to an external address on the Ethereum network. No other functionality will be available from Crypto.com;


    What about other Crypto.com products?

    As a result of the MCO swap, the Crypto.com App Terms and Conditions, the terms of Crypto Earn, Crypto Credit, USD Fiat Wallet, MCO Visa Prepaid Card for Singapore, Europe and the United States have been updated. Any specific actions required by you with regard to these products which result from the MCO swap will be communicated to you via the Crypto.com App.

    What will be the new MCO Visa Card staking tiers?

    MCO staking for the MCO Visa Card will be replaced by the following CRO staking scheme.

    Tier MCO Staked CRO Staked
    Ruby 50 MCO 5,000 CRO
    Jade/Indigo 500 MCO 50,000 CRO
    Icy White/Rose Gold 5,000 MCO 500,000 CRO
    Obsidian Black 50,000 MCO 5,000,000 CRO

  • #13

    Crypto.com Team (Friday, 18 September 2020 18:36)

    We would like to inform you that Payrnet Limited will be the new issuer of the MCO Visa Card UK & EU card program, replacing Wirecard Card Solutions Limited.

    The switchover will be completed by 17 Nov 2020. Your MCO Visa Card will remain fully operational during the switchover. There’s no action required.

    Thank you for your patience and continued support for Crypto.com
    With Kind Regards,
    The Crypto.com Team