In this article, I will deep dive into the crypto.com mobile application and why it is important to own and use this for yourself today if you are thinking of going into the cryptocurrency space.

With Binance announcing their full application withdrawal to provide cryptocurrency services in Singapore, there is one less player in the market. Those who are used to using Binance in the past to do P2P (peer-to-peer) transactions, staking, buying, and selling crypto can consider alternatives such as the crypto.com ecosystem to meet your needs. 😁

For myself, I am using crypto.com more frequently now, so as we speak.

This is not a sponsored post.😃

Click on the link (referral code: xiaogege) and perform the following steps to get a Free 25 USD sign-up bonus when you sign up for a crypto.com metal VISA card right now.

(if you have difficulty opening up this link in your mobile phone, you need to first open it using your phone’s *web browser)

The crypto.com ecosystem is made up of various components, and this is the part that I will touch on for now. The mobile application can be downloaded on both the App Store and Google Playstore.

Kindly read part 2 and then part 3 before proceeding further to avoid getting lost and confused as each article is somewhat related to the next, and all these provide a full understanding of the crypto.com ecosystem. 😁

https://seedly.sg/opinions/introduction-to-crypto-com-part-2-what-exactly-is-crypto-com

• I shared the entire crypto.com intergalactic roadmap for the future and the introduction to various parts of their ecosystem such as ‘exchange,’ ‘app,’ ‘NFT,’ and ‘DEFI wallet,’ just to name a few.

https://seedly.sg/opinions/is-crypto-com-metal-visa-card-superior-to-other-pre-paid-debit-cards-part-3-metal-visa-card

• A comparison of the advantages and disadvantages of owning a crypto.com metal visa card to other pre-paid debit cards in the market.

Mobile Application User Interface & Experience

I have been using the crypto.com application for more than half a year, and I did not encounter any issues and hassles while using it.

The app runs normally, and it does not lag in loading the images, numbers, or text whenever I use it.

It uses light and dark blue colour tones for the background with white colour fonts as a contrast. This makes it easy to read for our eyes and works best for both day and night time.

Below I share my top 8 reasons why the app is fantastic to use. 😋

Reason Number 1: Ease of Buying and Selling Crypto

The list of cryptocurrencies that is available to buy and sell is constantly growing in crypto.com. I do receive emails and notifications of new coins being added to the list every now and then.

This is a no-brainer as everyone wants to be able to buy and sell their favourite crypto and having a huge listing of over 250+ coins available, including Bitcoin (BTC), Ether (ETH), Polkadot (DOT), USD Coin (USDC), and Crypto.org Coin (CRO) makes it absolutely convenient.

Not only that, there are more than 20+ fiat currencies accepted in the app as a mode of payment, such as USD, EUR, GBP, SGD, etc. I think you will know what to do next. 😁

Reason Number 2: Flagship VISA Debit Card

When you sign up for a crypto.com metal visa card, you stand to enjoy CRO crypto cashback rewards whenever you make a purchase at a store or online that accepts a debit visa as a mode of payment.

The amount of cash back you earn depends on which tier you chose to use. I highly recommend considering getting this if your current debit or credit card has zero cashback benefits whenever you make a purchase.

I am using this at the moment, and without a shadow of a doubt, it works great for me. Read my article part 1 and part 3 (links are above) to find out more as I share this in detail.

Click on the link (referral code: xiaogege) and perform the following steps to get a Free 25 USD sign-up bonus when you sign up for a crypto.com metal VISA card right now.

(if you have difficulty opening up this link on your mobile phone, you need to first open it using your phone’s *web browser).

They also have the pay function, which is using your own CRO or other crypto coins to pay for selected and available gift cards and to top up your prepaid mobile phone numbers in exchange for some CRO cash backs rewards.

To view the list of available gift cards merchants, kindly open the app and view the information under the gift card tab as shown in the screenshot.

I have explored this option, and for now, I am not too interested to spend my CRO coins to buy gift cards, etc. I just want to accumulate more CRO coins at the moment.

Reason Number 3: Real-Time Crypto Market Data

If you are looking for a website/platform where you can view the latest prices of different crypto, you can make use of this feature to do all your necessary monitoring and tracking.

It is vital to always view the price charts in real-time as crypto prices move and fluctuate faster than the stock market.

You can add favourites for those that you are interested in and also set price alerts to be notified of any price changes.

There are two ways to set price alerts for every coin, as shown below.

Reason Number 4: No Fees When You Send Crypto To Others On The Platform

If there is a need to transfer crypto among your friends or contacts within the crypto.com space, the good news is you can do so without paying any fees.

Also, to send crypto coins back and forth between your own crypto.com exchange account and the crypto.co app is free as well.

Reason Number 5: Multiple Blockchain Channels To Withdraw Your Crypto

If you are thinking of withdrawing your crypto to an external address, there are fees to pay depending on which blockchain network you choose to use.

You can choose to

• send to other crypto.com users
• send to your own crypto.com exchange
• send to your own crypto.com DeFi wallet
• to an external blockchain address

In the past, options are limited. But now, the good part is there are three blockchain networks to choose from. Cronos network was the newest addition to this list.

ERC20 is the most expensive as this uses the Ethereum mainnet to do the transfer, so the gas fees will be the most expensive out of the three options.

Choose CRO or Cronos to do your withdrawals as these can save you a ton in fees.

Reason Number 6: 0% Credit/Debit Card Fees for the First 30 Days!

Users who successfully pass KYC verification from the list of eligible countries will qualify for the 0% fee offer for the first 30 days. After the 30-day period, credit/debit card fees will be charged, and the fees vary by market.

I got this offer as well when I first signed up and passed through the KYC verification process. I did not think twice and even bought some CRO back then with a credit card and was not charged any processing fees for the first 30 days.

Quickly make use of the first 30 days to load up and buy to take advantage of this waiver.

To set up other payment methods will require some time, so you better take advantage of this first.

I know of people who complain of being charged bank fees in the official Telegram and Facebook groups. Not too sure why they were charged, but I did not face this problem.

To check the list of eligible countries for 0% credit/debit card, click here.

Reason Number 7: Deposit Fiat Currency With Ease

For Singapore users, you can set up the payment method by straitsx (previously known as xfers) for using SGD fiat currency to directly buy crypto on the app. You will also need to link your straitx account with your crypto.com app account first.

My initial set-up and linking took some time, so I decided to buy CRO to stake and get my Ruby Steel VISA card using the credit/debit card waiver method first.

I like this method very much, and I will share more of this in a future article. 😀

For US citizens, you can deposit fiat currency via the ACH method or Wire Transfer.

Reason Number 8: Increased Limit for Fiat Wallet

This is information is freshly baked from the oven.

Starting from 11th Jan 2022, the deposit and withdrawal limits of multiple Fiat Wallets have been increased. The minimum amount for transfers has also been lowered for select Fiat Wallets.

“FORTUNE FAVOURS THE BRAVE”.

If you believe in the project and the team behind it, click on the link and perform the following steps to get the Free 25 USD sign-up bonus when you sign up for a crypto.com metal visa card right now.

http://crypto.com/app/xiaogege

Requirements

• Download the Crypto.com App and sign up for an account

(if you have difficulty opening up this link in your mobile phone, you need to first open it using your phone’s *web browser)

• Enter xiaogege in the Referral Code field
• Complete KYC verification (guide) and stake CRO for a Crypto.com Visa Card (details)

I will be posting more crypto.com content so stay tuned! 😀

Originally published https://marcusseetoh.medium.com/

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