Publish0x Review: Earn Crypto Daily for Reading and Blogging

This Publish0x Review is aimed at providing you with everything you need to know about the “crypto” based publishing platform that is poised to displace Medium as the number one destination for top writers and readers..

Should you switch to the Brave Web Browser?

The Brave browser uses Blink, so it isn’t special in that regard. What makes it special is its emphasis on making privacy and safety front and center. Let’s take a look at what this browser brings to the table in this Brave browser review.

CoinBene Review 2020

This review of CoinBene consists of four parts: general information, fees, deposit methods and security.

Bingbon Review: Cryptocurrency Derivatives Trading Platform

It was founded with the aim to become a pioneer and market leader – Bingbon covers not only digital assets but also other financial instruments, such as FOREX, indices, and commodities.

Crypto.com review 2020

The Crypto.com domain was registered in 1993 and was owned by Matt Blaze. He was a cryptographer at that time and he played a big role for AT-T. His main job was to use cryptography as a security for multiple computer systems.

Chủ Nhật, 8 tháng 11, 2020

Publish0x Review: Is It Scam Or Legit?

Welcome to my Publish0x review! If you are wondering is Publish0x a scam or a legit way to earn some crypto? I'm here to help you decide!

First of all I want to congratulate you for taking a second to research before jumping in on an online earning opportunity. It's the only way to avoid all the scams out there and find the programs that work.

If you are new to making money online, there are a lot of online earning opportunities that pay you for actions. These are generally called "Get Paid To" offers or GPT for short.

These include things like survey sites, Paid To Click ad sites and different kinds of simple task sites. The common thing with all of them is that they pay you very little money as the actions take very little effort.

Today we are going to look at Publish0x which is a platform that allows you to earn cryptocurrency for publishing and reading content.

While I generally stick to reviewing platforms that pay in "real" currencies, some of these crypto opportunities are interesting. And since basically all cryptos can be converted into any currency, you can earn actual money that helps to pay the bills.

Earning money for reading definitely sounds tempting, but the questions raise how much can you earn from it? And how do they get the money themselves? Read on to find out.

Before we continue I want you to know that I'm not affiliated with Publish0x in any way. I'm writing this review to give you my honest opinion if I think Publish0x is a legit business opportunity.

My site is about finding my readers the best online income sources that will allow you to make honest income online. So I mainly recommend services that have the potential to offer life-changing full-time income from online sources.

What is Publish0x

In their own words, Publish0x (not a referral link) is a crypto powered blogging platform. The core idea of the service is that you can earn cryptocurrency by writing and reading content.

The content at Publish0x definitely seems like high quality and it revolves around cryptocurrency and it's future.

Publish0x makes it very clear that they are not developing their own crypto token or taking investments. I think this is great since there are so many crypto scams out there that people are starting to think everything to do with cryptocurrencies is a scam.

They describe themselves as a publishing platform similar to Medium but both authors and readers earn crypto tokens.

At the time of writing this review, you can tip and receive tokens with Basit Attention Token (BAT), DAI StableCoin and Hydro.

The team behind Publish0x has created another crypto service called Bitcoin aliens, which, according to themselves has paid out over 1090 BTC since 2014. That's about 6 to 7 million dollars in today's value.

The founder of Publish0x is a Dan Bainbridge. There isn't much information about him online but according to his own profile, he's an angel investor and a blockchain enthusiast.

But he does seem to be a real person, which is always a good thing as many opportunities I review either have no founder information or made up profiles.

How Publish0x Works

They claim that it takes only 20 seconds to get started, so I tried it. Well, it did take a bit longer but not more than two minutes.

When you have your account registered you can start making money with Publish0x. There are three ways you can earn money with Publish0x.

The first way to earn is by reading. Yes, this does sound pretty crazy but Publis0x actually pays you for reading. This works so that the platform actually gives you crypto you can use to tip posts/authors.

There's a sliding tipper at the bottom of every post that allows you to adjust the amount you want to tip and how much you want to keep for yourself. Sound weird, I know!

You can also make money by becoming an author yourself. This feature is currently in beta testing so you can become an author only through an invite, but they aim to make it possible for anyone.

As an author, you can earn from the tips that readers give you. So the better you write, the better tips you can expect. I'm just having a hard time understanding why would people tip you more than the minimum amount instead of keeping the crypto to themselves if it's "paid by the house"?

That was until I realized the service is essentially a crypto faucet that allows you to split the faucet drip between the author and the user.

Finally, you can also earn by sharing articles by becoming a Publish0x ambassador. The benefit of sharing articles as an ambassador is that you get a 5% commission of every tip claimed via the tipper by the users you bring in.

So essentially ambassadors can use referral links to share content from Publish0x to get a referral from social media etc.

I shot this short video that shows how Publish0x looks like and operates on the inside:

Is Publish0x A Scam?

No, Publish0x doesn't seem to be a scam. The service does what it promises, which is to pay you with crypto for publishing or reading content.

There are third party payment reports at FoxyRating and I did try the service for a bit myself self and it seems to function well.

I actually really like the content at Publish0x and I think I will keep using it to learn more about cryptocurrencies as I'm not that educated on them.

Publish0x has a 5 out of 5 rating at FoxyRating, but you need to keep in mind, that's based on 6 opinion and 12 comments.

Publish0x also has a 4 out of 5 rating at Trustpilot, but there are even fewer opinions as there are only too.

When you take into consideration that the service is fairly new and still trying to establish a solid userbase, it's no wonder there aren't that many ratings around.

But everything there is, definitely suggests that Publish0x is a legit business endeavor with an experienced team behind it.

That said, I don't think the income potential is that high currently. The information I found suggests that you can earn less than a dollar daily from the drip. With Publish0x current user base it's unlikely you can make anywhere near fulltime income.

Then again, if the service grows a lot in the future and you can become a well-established writer and an ambassador, the tips from your created content might add up to a significant income.

But keep in mind that the content in the platform revolves around cryptocurrencies. Or at least everything I've seen so far does.

This means that if you want to become an author at Publis0x you will need to be seriously into cryptos so you have interesting stuff to write about.

So Publish0x does offer the potential for passive income but currently, it seems the income potential is really small.

But I think there are currently more profitable opportunities for writing content. But I don't know other services that pay you for reading.

How To Make Money As A Writer

So how can you make more money by writing? Well, my recommendation is to create a website of your own and learn about search engine optimization or SEO.

You might have heard that "Blogging is dead" or that "SEO is too competitive" and that you can't rank sites as a beginner etc.

But that's not true. It's actually possible to make more money than ever before with blogging and niche websites combined with affiliate marketing. There are more users making more online purchases than ever before. More services are available digitally than ever before as well.

While it's true the competition is tougher these days, it's completely possible to rank new websites within months of creation but it does take an initial amount of work.

For a new site to achieve first page rankings on Google, you will need enough targeted, high-quality content. But it's not as hard as you might think. It's a skill most people can learn fairly easily. If I can do it, you can do it!

But if you have your own site and own all the content on it, you are not dependent on third party services for your income. With organic SEO traffic, you will have an endless free supply of well-converting traffic.

The best way to monetize most websites is through affiliate marketing. The revenue and conversion rate with affiliate marketing is superior compared to running AdSense ads for example.

But the trick is to choose the right niche for your website, find the right keywords and write the right kind of content. All that is fairly simple once you know how to do it, but it takes actually quite a bit of learning.

You can check out my number one recommendation for learning these skills.and for all the tools you need by clicking the button below.  The best thing is it's free to join and you can even create a website for free!

Conclusion

I hope you found my Publish0x review useful. If you have any questions, feel free to leave them in the comment section below and I'll get back to you.

Publish0x is definitely an interesting resource for learning about cryptocurrencies and you can make some income while doing. I can honestly recommend it for the informational content alone.

But I can't really recommend it as a serious business opportunity. It might help you earn some long term passive income if you are passionate and interested in cryptos and want to create high-quality articles about them.

Then again, if you write those articles on a website of your own and manage to write an article several times per week you could have a full-time income-producing website of your own a year from now.

I can't really recommend writing for content platforms because they make money with your content that quite frankly should belong to you. Each piece you write for them increases their authority and traffic.

While it's true that content platforms allow you to get traffic instantly, it pays, in the long run, to invest your effort in a site of your own.

That's why I recommend you start sooner than later! If you want a head start, check out my free 7-day course.

If you found this post useful, feel free to share it in social media. Thanks for reading and see you next time!

EagleFX Review and Tutorial 2020

EagleFX offers FX and CFD trading on the MT4 platform, including indices and cryptocurrencies. Follow this review for a breakdown of the verification process, commissions, minimum deposits, demo accounts, and more. Is EagleFX regulated or is it a scam? Find out.

EagleFX Summary

EagleFX Ltd is an award-winning STP brokerage with headquarters in Dominica. The broker is used by thousands of traders worldwide, from Indonesia to Nigeria. The provider offers attractive ECN trading conditions and ultra-fast execution speeds. The company has also been featured in well-known publications such as Forbes and Finance Magnates.

Users who register on the broker’s single account enjoy 24/7 trading on a wide variety of assets using the most popular trading platform, MetaTrader 4. The owner and CEO have also introduced online poker games for its users

MetaTrader 4 Trading Platform

The MT4 platform is available for all clients at EagleFX, which boasts dynamic charts and analytical functions. The practical and robust interface allows you to trade orders straight from the chart with just one click.

Traders can use three execution modes, as well as a set of pending orders and trailing stops. MT4 also enables comprehensive price analysis, with over 50 indicators and graphical objects, plus 9 different time intervals and a news feed.

MT4 is available for download on Windows computers or can be accessed directly from a web browser for those using Mac computers.

Markets

There’s a good range of assets to trade at EagleFX, including:

Cryptocurrencies – 38 pairs available, including Bitcoin, Ethereum, and Ripple

Commodities – Precious metals and energies, including gold, silver, and oil

Forex – 55 currency pairs on offer, including majors, minors, and exotics

Indices – 11 well-known indices, such as the FTSE (FTSE100) and NASDAQ (NAS100)

Stocks – 64 global companies including Netflix and Amazon

Spreads & Commission

Live spreads are variable at EagleFX and start from 0.1 pips. Typical spreads on the EUR/USD are 0.7 pips and on the NASDAQ, they’re 1.12.

EagleFX also charges commissions at $6 per lot round turn. Overall these trading conditions are competitive and comparable with the likes of XM, HugosWay and Oanda.

The only other fees are swaps, which are charged when you hold open trades overnight.

Leverage Review

EagleFX offers generous leverage up to 1:500 for forex and metals. Indices and energies can be leveraged up to 1:200, whilst cryptocurrencies are available up to 1:100. Users should be aware of the effects of leveraged trading before creating an account.

Mobile Apps

EagleFX offers the MT4 mobile app for iOS and Android devices. The app includes a full range of analytical features, with real-time quotes and trading straight from the chart. The interface is visually appealing and easy to navigate. The app is available in over 20 languages and reviews and ratings online are good.

The iOS and APK app can be downloaded from the App Store or Google Play.

Payments

EagleFX offers 3 fast and secure payment methods: Bitcoin, Visa/MasterCard, and wire transfer. There are no fees on deposits and the minimum deposit amount is $10 for Bitcoin and $50 for cards or bank wire.

The withdrawal methods available are Bitcoin, Coinbase/PayPal, or MasterCard. Again, these are fee-free and withdrawal times are fast, generally processed within 1 hour. The minimum withdrawal amount via Bitcoin is 10 USD/EUR/GBP. There is no maximum withdrawal limit.

Demo Account

EagleFX offers a free demo account which can be used for an unlimited time. Traders can specify their own leverage and virtual fund limit within the MT4 simulation. New traders can benefit hugely from a demo account, as they allow you to place virtual trades without using real capital. Experienced traders can also use demo accounts to practice their trading strategies. Once ready, you can then open a real live trading account.

EagleFX Welcome Bonus

EagleFX does not offer no deposit bonus deals or similar promotions in 2020. Traders could check the broker’s website and members area for future promotions. Always see bonus terms and requirements before you start trading.

Regulation & License

EagleFX is an unregulated broker based in Dominica. Traders should note that unregulated providers usually will not provide much if any, client protection. As a result, we can’t guarantee EagleFX is a legit broker.

Nonetheless, EagleFX does state that it uses Bitcoin Cold Storage to safeguard client funds. This ensures that client money is not stored on the broker’s web server but instead within an external storage device, safe from hackers.

Additional Features

Other than daily market analysis, EagleFX does not offer any educational materials or trading advice. To compete with other brokers such as Oanda, EagleFX could include useful tools such as video tutorials or margin calculators.

EagleFX Account Types

EagleFX offers one standard account type for all clients with a minimum deposit requirement of just $10. The minimum lot size is 0.01 and the maximum trade size is 1,000 lots. The broker also offers swap-free accounts for Islamic traders.

Creating a live account is fast; you can register using the online form and by confirming your email address and phone number. There’s no KYC verification process, so traders do not need to submit any documents. You can then sign in to the member’s area and start trading.

Benefits

Reasons to create an account include:

Bitcoin funding

Poker community

$10 minimum deposit

Volatility (VIX) 75 Index

Free deposits and withdrawals

Wide range of cryptocurrencies

Drawbacks

We did identify some drawbacks, including:

Country restrictions

No educational tools

Unregulated

Trading Hours

Forex markets are open 24/5 and crypto markets are open 24/7. Specific asset trading sessions can be found under ‘specifications’ in MT4. All market hours are provided in GMT+3, but the broker provides a useful time zone converter link in the FAQs.

Customer Service

The fastest way to get in touch with EagleFX is via the 24/7 live chat support. You can also submit a ticket through the website where responses are typically received in 15 minutes. For those who would prefer to speak to a member of the team over the phone, you can submit your phone number and request a call-back within 4 hours.

The broker’s office address location is at 8 Copthall, Roseau Valley 00152, The Commonwealth of Dominica.

Security

EagleFX ensures that the MT4 platform meets the highest of security standards, with encrypted data exchange between servers. The platform also supports the use of digital signatures, as well as Two-Factor Authentication (2FA) at the login page.

EagleFX Verdict

Our review has identified some notable pros and cons of trading with EagleFX. The broker offers low commissions, as well as fee-free funding, fast withdrawals, and a $10 minimum deposit. EagleFX is certainly a good broker for any level of trader, however, there are plenty of regulated brokers out there for those seeking a little more peace of mind.

Accepted Countries

EagleFX accepts traders from Australia, Thailand, Canada, United States, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

FAQ

Does EagleFX accept US clients?

EagleFX accepts clients globally, including the UK and the US. However, traders will need to check that registration would not be contrary to their local country law or regulation.

Does EagleFX have a bonus?

No, EagleFX does not offer welcome deposit bonuses or any similar promotional deal.

Is EagleFX a scam?

EagleFX is a legit company that has been featured in several well-known publications. The broker also receives positive customer reviews online.

Is EagleFX regulated?

EagleFX does not hold a regulatory license and therefore will not provide the same level of protection as providers with well-known regulatory bodies such as the FCA or CySEC.

Does EagleFX have a ZAR account?

EagleFX does not offer Rand accounts, but you can open an account in USD, EUR, GBP, or BIT.

Does EagleFX have NASDAQ trading?

Yes, clients can trade on the NASDAQ along with a handful of other major exchanges.

Thứ Bảy, 7 tháng 11, 2020

Crypto.com review 2020

Crypto.com (CDC or Crypto Dot Com) offers a lot of services that have something to do with cryptocurrency. You can trade cryptocurrency on their spot exchange, they have their own crypto debit card in collaboration with VISA, you can earn money by staking and you can apply for a (crypto) loan. In this Crypto.com review we will talk about the popular services that this company offers.

On this page you also have the opportunity to leave your own experiences via our review form.

The history of Crypto.com

The Crypto.com domain was registered in 1993 and was owned by Matt Blaze. He was a cryptographer at that time and he played a big role for AT&T. His main job was to use cryptography as a security for multiple computer systems. Matt never expected that crypto also would get a monetary role in the future. At the moment he is a scientist with the Georgetown University and a member of the board of directors of the Tor Project.

In 2018 Monaco Coin bought the domain which was registered by Matt Blaze. The company used a smart marketing campaign to brand Crypto.com. Their mission is to play a big role in the transition to cryptocurrency and the adoption. Crypto.com uses the infrastructure of the parent company and they try to fulfill the wish of the consumer to pay safely and easily with cryptocurrency. They do this by collaborating with VISA. They do not offer a credit card, but a debit card.

By the end of 2019 the company launched their own exchange to acquire a bigger market share.

In 2020 the company launched a separate wallet app, where the user also gets access to their own private keys.

October, 2020, Crypto.com lowered the staking interest rates from 18% to 12%.

October, 2020, Crypto.com multiplied the minimum staking requirements for crypto debit cards by 2.5x.

November, 2020, Crypto.com lowered the app referral commission from 50 USD to 25 USD.

Update 2020: Crypto.com swaps MCO to CRO

The Crypto.com platform used two different tokens for the platform, Crypto.com Coin (CRO) and MCO (MCO). In August of 2020 Crypto.com decided to phase out the MCO token completely and swap the MCO token to CRO. This can easily be done using the wizard in the app. You have until November 2nd 2020 to execute the swap, if you do this before September 2nd 2020 you will receive a 20% bonus. The swap has a fixed number and is therefore not subject to exchange rate fluctuations.

This also means that from now on, you will have to borrow, lend and use your CRO in order to qualify for the debit cards. We edited our Crypto.com review according to this new information.

What is Crypto.com?

A versatile platform where you can do your payment, but instead of with euro or dollar, with cryptocurrency. The choice to collaborate with VISA was deliberately made, so their clients can pay everywhere and have the same rights and bonuses as a conventional cardholder. The product is delivered in a similar way as the modern Fintech solutions. With the help of an app you can do more than just invest in crypto:

Earn a yearly interest up to 10%.

Earn CRO with the cashback program (get a 100% cashback on your Netflix, Spotify or Prime subscription, 5% cashback on all purchases and 10% cashback with AirBNB and Expedia).

Invest in cryptocurrency (spot trading).

Perform payments in shops that accepts VISA.

Cryptocurrency staking.

Moreover, it is a modern way to manage your money. Crypto.com facilitates the possibility to work with existing cryptocurrencies, but the company also has its own cryptocurrency. Besides cryptocurrency, you can also work with regular dollar or euro. The goal is to make paying as easy as possible and to improve the crypto adoption.

Why choose Crypto.com?

Buy, sell and pay with cryptocurrency via the app.

Advanced spot exchange for professional traders.

Crypto debit cards, with which you can receive 1% to 5% cashback and other cashbacks.

Cryptocurrency staking with up to 6% return via the app and up to 10% via the exchange (these are 2 different platforms).

Credit applications for companies.

Automated quant trading.

Wallets under your control, where you manage your own private keys.

Continue to read the Crypto.com review to learn more about the platform.

How do you create an Crypto.com account?

Crypto.com has a web-based exchange and an app, these two platforms seem to be separate in terms of registration procedures. Once you have registered with both platforms, you can link them together.

Click here to register an account at the exchange (50 USD bonus).

Click here to register an account via the app (50 USD bonus).

You can easily create an account via the app. Fill in your data and you will get a request to verify your identity (this is mandatory). The process includes giving your full legal name, ID and to verify the ID a selfie:

+ Visit the website (use this link and receive $50 of CRO-tokens for free).

+ Enter in your real data.

+ You will receive an email that you can open with your smartphone and leads you to the app.

+ Install the app and login.

+ Verify your account, this is an automated process. You can’t use the app without verification.

The verification process on itself is very simple, but make sure that you send a clear picture with a correct lighting. After this you usually have to wait for some hours, up to a day, before the process is completed. When the process is done, you will receive a confirmation email that you are accepted. From then on you will have access to the app.

How does Crypto.com work?

You already created an account via the app and you have access to the platform, now you are probably curious about how everything works. You can only use the CDC features when you deposit credit, this can be crypto or fiat. Below you will find how the app works, later we also discuss how the desktop exchange works.

Deposit currency

You can deposit cryptocurrency or fiat by clicking “Transfer” on the homepage in the app. So, it depends on what you prefer and if you’re already holding some crypto.

You can easily transfer and deposit crypto to your Crypto.com wallet. One tip that we can give you, is to be careful and always triple check the wallet address and the selected coin. It is painful when your crypto is sent to the wrong address or the wrong wallet. This will result in a loss of your crypto, you’re your own bank, remember?

If you do not own crypto yet or prefer to pay with euro, dollar or pounds than that is also possible. You can top up your account using a bank transfer. Take into account that this can take up to 5 workdays.

Trading crypto via the app

Buying crypto is just as easy as depositing money on your account. Click the “Buy” button to start. You will get three options to buy crypto in the app. You can use the amount that is available in your crypto wallet, you can complete the payment with a credit card or bank account or use the amount that is available in your fiat wallet.

The use of your credit card has a 3.5% handling fee per purchase. These fees are for the card issuer and not for Crypto.com. A traditional bank transfer is free, this is only not ideal if you want to buy crypto in the heat of the moment.

Finally, it is important to choose the desired method and select the desired cryptocurrency. Press the button to buy and you are done. Selling cryptocurrency can be done by simply clicking the “Sell” button.

Earn money with crypto staking

Besides you can invest in crypto, you can choose to let Crypto.com do the hard work by lending your cryptocurrency. Using the platform you can stake dozens of coins, but the native CRO crypto of  the platform will give you the most return.

The staking return varies from 2% till 10%, but to qualify for the highest return you have to stake at least 10.000 CRO. Via the newCrypto.com exchange platform you can now receive a 10% return on an annual basis with “only” 5,000 CRO.

Just like BlockFi and other lending platforms, Crypto.com offers the opportunity to let your money work for you. You can earn on average 2% -10% per year on your capital. This return depends on the amount of coins you have staked and for how long. The interest of the staked crypto will be credited every seven days to your online wallet. It will be paid in the same currency as the initial deposit.

Up until here it is quite traditional, since crypto.com works with a peer-to-peer lending system. When we think about this, then you could say that you help someone else with your money. In short, while you are lending crypto, someone else is borrowing your crypto. You are some kind of mini bank. The Crypto.com Earn Program works as some kind of CFD, they earn money with the difference between the expense for the platform and the earnings from the credit services.

You can choose your own risk profile, from Low to High. These are the options you can choose:

FLEX

This is the most flexible option, which offers you a low risk, so you can try the service. You can compare it with a flexible deposit from your bank. Stake your coins and earn money, and withdraw at any desired moment, flexible and penalty free. In return for the low risk, you will also get a low interest rate.

1 MONTH

Use the power of compound interest to you advantage. You can raise the yearly interest by choosing the 1 month option. The plan of 1 month includes temporarily locking of the CRO-coins, which means the bank has less risks and this will generate more interest than the flexible option.

3 MONTHS

With this option you can earn the maximum interest that you can earn with the Crypto.com app. Although your crypto is stuck for a period of 3 months, you will earn the maximum reward.

Crypto.com Desktop exchange

Crypto.com also has a separate desktop exchange environment since 2020. To use this you have to register a separately account and you can take advantage of various advantages. If you already have a verified app account, you do not have to re-verify and you can easily link your data via the app. The advantages of the desktop exchange are:

10% annual CRO interest instead of 6%.

Lower minimum CRO treshhold to receive a 10% interest (5,000 CRO).

The more CRO you stake, the more discount you will get on the trading fees.

Staking bonus of 50 USD (minimum 5,000 CRO).

How to stake CRO on Crypto.com?

There are two ways to stake crypto via Crypto.com. You can use the app or use the separate exchange platform.

Stake crypto via the app (up to 6% interest):

Open the app

Enter your pin code

Make sure that you have the minimum amount of crypto available in your wallet (this minimum is different per crypto)

Click in the app on the Crypto.com logo (at the bottom in the middle)

Click on Earn

Click on the plus-sign

Click on the cryptocurrency that you want to stake

Choose for how long you want to stake it (the longer, the higher your return, but also the higher your risk)

Read the terms and conditions thoroughly and decide for yourself if you’re ok with it

Choose how much you want to stake and confirm this

Your interest will be paid every seven days. When you invest 10,000 CRO or more you will qualify for a higher interest. 10,000 CRO has a value of 1650 USD / 1400 euro in 2020. This is quite a big investment in our opinion.

Stake crypto via the exchange (up to 10% interest):

Via the new Crypto.com exchange you can now receive 4% extra interest and the minimum deposit is a lot lower (5,000 CRO):

Register an account with the Crypto.com exchange.

Link the exchange to the app (if you already have an app account) or perform the KYC.

Send your CRO from the app to the exchange or deposit fiat or crypto to purchase CRO.

Go to Stake & Earn.

Click on Stake CRO to receive full benefits.

Select the desired tier or enter a custom amount.

Click Review.

Confirm your choice.

When you stake CRO through the exchange, you will not only receive 10% annual interest, but also a discount on your trading fees.

Quant Trading

Like the most serious current crypto investment apps, Crypto.com offers investors the opportunity to use automated quantitative trading (or better known as robotic trading) to earn money. The trading bot uses a machine-driven trading strategy, and runs automatically in the cloud without human intervention.

By using the leverage effect and margin trading, it can increase your profits. But you can also lose a lot of money.

Quantitative trading is a piece of coded software that uses complex mathematical models to determine when cryptocurrency has to be bought or sold. By analysing historical developments and react on synchronous market signals. Because the whole subject is very complex, we advise you to do a lot of research on this subject. To keep this Crypto.com review simple, we chose to not go deeper into this material.

In short, you can choose to open a savings deposit, but you can also choose to generate more money with your crypto.

Crypto.com Debit Card

Another popular service from Crypto.com are the debit cards in collaboration with VISA. The cards are delivered free of charge based on the number of CRO that you staked for 6 months. Yes, you will also receive interest on this investment. The debit cards have several advantages, see the image below.

Please note that all cashbacks are credited in CRO and not euros or dollars.

How long does it take until I receive the debit card?

We have also ordered a debit card ourselves to try it out for our visitors.

Applied on: September 24, 2020

Issued: September 25, 2020

We haven’t received the card (it’s not yet shipped). Update November 2020; still nothing.

We will update this Crypto.com review when we receive the card.

What are the risks of Crypto.com?

Just like most of the crypto platforms, Crypto.com also makes sure that their security is updated frequently. They use both cold wallets (offline) and hot (online) storage. 100% of the cryptocurrencies from users is stored offline in cold storage. Which means that in theory you cannot reach your wallet without an internet connection. Crypto.com goes one step further when it comes to security, by a strategic partnership with Ledger, a world leader in blockchain solutions. Ledger integrates its multi-signature technology, the Ledger Vault, to the Crypto.com platform. All users can profit from the state of the art Ledger security.

Moreover, Crypto.com has an insurance for cold storage to protect against direct loss or theft. This coverage provides a financial buffer of maximal $100 million in worst case scenario, in short, your currencies are covered. Keep in mind that this only applies when Crypto.com is hacked. When someone has access to your account, because your own security is weak, then you lose all your funds.

Although cold storage offers extra security measures, there are still wallets necessary to ease the accessibility, so clients can withdraw their coins without delay. Also the stored fiat currencies are save. Crypto.com protects the fiat currency of its users by storing these funds in secure and regulated bank accounts, which offers multiple advantages when it comes to security.

When you are for example an American citizen, your USD funds are covered for a maximum of $250.000 because of FDIC insurance cover. Moreover, the user keeps ownership of the fiat funds that are stored on that bank account.

Crypto.com fees

Globally speaking you are rewarded for the amount of coins you are going to stake. You will receive perks according to which level you are in. This can be different for everyone, you can learn more about that on their official website.

We specified the Crypto.com fees for the investing section only in this Crypto.com review. There are more (specific additional costs and fees for using the debit card, for example.

No position entry or exit charges will be charged when trading with Crypto Invest. However, they do charge a daily fee over all the profits. At this moment it is free to use Invest, but this can change in the future.

You pay a fee of 9% over your profits when you stake 10,000 CRO or more, when you stake less then you pay a fee of 18%.

They deduct a success fee on your profits, without touching your initial deposit. When you, for example, started with $100 and you earned $5 on that same day, $0.90 will we deducted, which is 18%.

For users with 10,000 or more locked in CRO staking, Crypto.com deducts an initial fee of 9%. Fees are claimed every 24 hours at 00:00 UTC, or when you withdraw (a part of) your money.

Is Crypto.com safe to use?

Looking at the security protocols, we could state that Crypto.com is a safe platform. You can look at the partnership between Crypto.com and Ledger and VISA as a sign of their commitment to offer their users a world class service.

YouTube is another excellent source that shows the legitimacy of Crypto.com. There are many videos of users who are actively buying with their CRO VISA card that show that Crypto.com seems to do what they promised to do. The whole team is published with first- and last name on their website. You can exactly see who is behind the company. They continuously building the platform and deliver new features.

When it comes to development you could state that the company is almost just as developed as Binance, but with a smaller team. Adapting rapidly to the demand of the market.