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Can Crypto.com be the next Binance?

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by COINS NEWS 193 Views

I recently upgraded my crypto.com card and would like to give a short analysis on what I feel crypto.com is heading to and what I foresee in the next upcoming years.

This is not financial advice and I am just sharing based on the research that I have done.

I believe no one needs an introduction on what crypto.com is after so much marketing that they have been doing. So let's jump right in.

Fee structure

It's fee structure is relatively expensive right now compared to the other exchanges and I hope they would reduce it in the near future. The fees is between 0.04% to 0.4% for maker fees, 0.1% to 0.4% taker fees, 2.99% for credit card pruchases.

Currencies

There are over 150 or more currencies right now in their exchange and it is quite a nice amount compared to the other exchanges out there.

CRO Card

Their CRO card benefits are amazing:

  • Midnight Blue

This is basically free and there is a 1% cashback. If I am not mistaken, this is the ordinary plastic card

  • Ruby steel

This is the 2% cashback. With a FREE spotify cashback

  • Royal Indigo / Jade Green

This is the 3% cashback. With FREE netflix and spotify cashback

  • Rose Gold / Icy White

This is the 5% cashback. With FREE netflix, spotify, prime, and 10% expedia cashback. You also get an exclusive crypto.com private gift

  • Obsidian

Maximum perks of 8% cashback. You get basically everything and some private jet partnership.

Crypto Earn

Their Crypto earn is quite amazing. Their CRO have a 10% stake p.a. depending on the card tier that you have. Some other high stake rewards are USDC, DOT, MATIC.

Marketing

more than enough.

submitted by /u/RUGPULLS
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