In this video, we’re talking about Crypto.com. We’ll discuss what Crypto.com is, their two tokens MCO and CRO, the products and services they’re offering (Exchange, App, MCO Visa Card, Earn, Pay), and how I personally use Crypto.com for my own crypto investments.
➜ Crypto.com: Sign up for Crypto.com at https://bit.ly/2B5hUhm or use my code “4zmvwsjxtb” and we both get $50 USD 😁
I haven’t tried spending my Ruby Steel MCO Visa card yet, so let me know if you guys are interested in a video about this.
Note: Crypto.com has recently released an important announcement about their MCO swap program that I wasn’t able to discuss much in this video. They’re making moves to slowly kill the MCO token in an effort to streamline the company. The functionalities of the MCO token will be transferred to the CRO token. I’ll probably cover this in a future video, but for now, it’s important to do your own research regarding this development.
➜ Read about the announcement here: https://blog.crypto.com/important-announcement-mco-swap/
📌Just to expound with how much it costs to acquire a Visa card before and after the changes:
➜ Before the changes, you needed to stake 50 MCO for the Ruby Steel Card. MCO was hovering between $4-5.5 per token. This would come out at about Php10,000-14,000 to get the Ruby tier metal card.
➜ While I was editing the video, they announced that they would be changing the stake requirements for Visa cards from MCO to CRO. They priced the Ruby Steel Card at 5,000 CRO, which meant at current CRO prices ($0.15-0.16), it would cost Php37,500-40,000 to get the Ruby tier metal card.
➜ As of writing this comment (August 5), they’ve lowered the required CRO stake requirement per card in response to the uproar from the Crypto.com investor community. The Ruby Steel Card is now priced at 1,000 CRO, which meant at current CRO prices ($0.15-0.16), it would cost Php7,500-8,000 to get the Ruby tier metal card.
✅WHAT TO WATCH NEXT
➜ Why I Invest in Crypto: https://youtu.be/t5eGksbD9RM
➜ How to Buy Crypto Step-by-Step: https://youtu.be/-K1m6qfrWng
➜ How I Manage My Finances in My 20’s: https://youtu.be/PiNlVlF1BdI
➜ BEST HIGH INTEREST SAVINGS ACCOUNTS: https://youtu.be/NDwrVUBzzD0
➜ How to Start Investing for Students and Beginners: https://www.youtube.com/watch?v=eKpf__dUyP4
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👀Interested in buying your first crypto?
➜ PDAX Philippines: Use the code “nicole” on https://pdax.ph/ to get PHP 30 when you cash in a minimum of PHP 1,000 into your account! Limited for the first 500 people 😉One redemption only per user.
➜ Paxful: https://bit.ly/3fIhsF6
📌ACCOUNT SIGN-UPS
➜ GCash: Get PHP 70 worth of freebies when you sign up at https://bit.ly/2ZyrLWy and verify your account
➜ PayMaya: Get Php50 when enter 2gn5bsh as invite code or sign up at https://bit.ly/2ZzVjTs and verify your account
🕰TIMESTAMPS:
00:00 Intro & Overview
02:31 What is Crypto.com?
03:29 MCO & CRO tokens
04:50 Crypto.com Products & Services
09:18 How do I personally use Crypto.com?
11:17 Crypto.com MCO Swap Updates
Earn Interest and Spend Your Crypto | Crypto.com App 2020 Philippines | Crypto Debit Card
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DISCLAIMER:
– This post contains affiliate links. I may or may not receive a commission when you use any of my links above.
– This video is for educational and entertainment purposes only. The information presented in the video should not be taken as financial advice. Invest at your own risk.
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