Crypto com prepaid card
Which card should you pair the Crypto.com Rewards Visa Card with?
The basic card tier is the Midnight Blue Card (which requires no Staked Tokens) and the most high-end is Obsidian Black (which needs you to Stake 1.000.000 CRO). Cryptocom card requirements As we’ve mentioned earlier, you’re exchanging a specific amount of SGD to obtain a card with perks that suit your lifestyle. The Crypto.com visa card will allow you to pay for any Visa transaction using CRO, the service’s cryptocurrency. If you’re unsatisfied or the six-month staking period has passed, you can then sell your CRO using Crypto.com.
Crypto obsidian card
In case you're interested to get the Crypto.com card here's what you should take into account. Even though you receive the staked CRO tokens back (think of it as a loan to crypto.com) , you are exposed to a volatility risk, i.e should the price of the CRO tokens decrease during the six months, you will have incurred a net loss. We recommend starting with a lower tier card like the “Ruby Steel” which requires a lower up-front investment and still grants 2% cashback as well as a free Spotify subscription. The free Crypto.com Blue card is completely free and gives you a 1% cashback on every purchase. Startup Applies to Money Lending Licenses to Disrupt Credit Card Industry Since it is a prepaid card, the exchange doesn’t verify your credit score when you apply for the card. If you want to register for the card, you have to download the exchange’s app and finish the entire KYC process which is a general requirement of top crypto exchanges.
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According to the digital asset bourse users of the crypto debit card can earn rewards up to 4% if they made a purchase using it. Crypto.com Private You’ll need to create an account with a cryptocurrency website that offers crypto debit cards. Then you’ll have to apply for a card, and they’ll send out your physical debit card if your application is approved. You may have to pay an issuance fee.