Thread: Crypto 101?
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Old 02-08-2022, 04:03 AM
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Originally Posted by AMSOILGUY View Post
Yes I stake my ETH on Coinbase for 2.0 as well, I think I am only getting 4.5%. I did that before I was on Crypto.com. In my first post I put a link to Crypto.com did you check it out? I went in the discord for CDC and asked if all the same benefits for US residents is the same as Australia and it looks like you can enjoy the same benefits I am getting. The staking term for the Matic is only 90 days for maximum interest so it's not locked as long like the ETH.

My favorite benefit on the platform is the crypto debit Visa card. First the card is metal and comes in very bright colors which is pretty awesome. The card is a debit card not a credit card so you just add funds on it from your regular bank card for free and then use it like normal and receive crypto.com coin back on purchases. They have 4 lvl's of cards. To receive the debit card you must purchase CRO and stake it for the debit card. After the staking period is over you keep the card benefits and can do what you want with the CRO tokens.

LVL 1 is $400.00 in CRO and you receive 2% back on your purchases.

LVL 2 is $4000.00 in CRO (LVL card I have) and you receive 3% back on purchases. The CRO you stake for the card you earn 10% on that CRO while its staked.
Plus additional interest on all other currencies in the earn programs . So the Matic I hold I would normally get 10% on the exchange but because I have LVL 2 card I get 2% additional interest. You get 1 VIP airport lounge benefit plus reimburse you for Netflix and Spotify 10% discount on Expedia.

LVL 3 is $40,000.00 in CRO and you receive 5% back on purchases. The CRO you stake for the card you earn 12% on the CRO while its staked. You get 2 VIP airport lounge passes plus reimburse you for Amazon prime, Netflix and Spotify, 10% discount on Expedia and AIRBNB.

LVL 4 is $400,000.00 in CRO and you receive 8% back on purchases. The CRO you stake for the card you earn 12% on the CRO while it's staked. You get all the benefits mentioned above plus more.

Its amazing to me what is being offered from the exchanges.

They’re some great offers indeed, I did open a crypto.com account when I began but ultimately settled for Binance for reasons I no longer remember. Binance is also releasing their debit card but i doubt I’ll go for it anytime soon. Really just trying to treat it as investing and keep my banking separate unless I find it to highly benefit my international life


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AMSOILGUY (02-08-2022)