Crypto currency has become a staple in the lives of many individuals all over the world and with every passing day, a new means of simplifying its application in our lives is created. Crypto.com was created as a medium that helps us apply crypto currency into our daily lives through its various channels.
As bitcoin and other Alt coins become more and more popular, you will find that there are more institutions accepting them as a legal tender for trade and transactions.
Mobile Application
The mobile application is designed for the convenience of users. This mobile application is equipped with a wallet where you can store your crypto currency and transfer it from one person to another. The mobile wallet is available on both Android and IOS platform. For Android users, click here and for IOS users you click here.
The mobile application makes it easier for one to make transactions without having to sell crypto. Here's all you need to create the mobile account to make payments. To initiate the account creation process, the first thing you will do is download the Android app and IOS app then proceed to;
- Email Address: To have access to the mobile wallet you will need to have a working email address and of course have access to it. You will be sent a verification message.
- Phone Number: Your phone number will also be needed. This phone number is necessary for the verification process. A confirmation message will most likely be sent to the number you provide, so ensure it is yours and preferably switched on.
- Verification Document: You will also be required to provide some form of identification due to the nature of the application. Financial applications like these often require you to provide such information but not to worry, this information is kept private and only required for processing.
The MCO Crypto and Debit Card
The Crypto debit card has the support of VISA and can be used to make a number of transactions. Transactions made in platforms like NETFLIX, SPOTIFY, airbnb and a host of others are completely free. Here's more reasons why you should use the Debit Card
- The charges for using this card are relatively lower than what you will find from similar service providers.
- ATM withdrawal from a number of machines around the world.
- ATM withdrawals are almost free
- Interbank Exchange limit, depending on the type of card you use.
- Flexibility: You are no longer confined to the limitations that come with dealing with typical banks. These cards work with universal currencies and can be used in any ATM within the coverage area.
Recommendations:
It is important that I state how much I am impressed by this platform. My only recommendation is that the coverage area be increased and judging by the road map, it is evident that moves are currently being made to expand.
Cyrpto debit cards represent an innovative step by this platform to simplify crypto based transactions. These cards are given the capability to be used in different areas of the world, charged at different rates with different volumes and used for a large range of application. Here are some of the different types of cards available, these cards are rated based on the amount of MCO locked up;
- 50K lock up
source
This card has
- 2% cash back
-Free ATM monthly use of $1000 then a 2% charge beyond that.
-Unlimited bank exchange rate - 100% free use of Netflix and Spotify, while airbnb and expedia charge 10%
- 5k Lock up
source
this card has;
- 1.75% cash back
- Free monthly ATM withdrawal until $800 and then a 2% charge is initiated afterwards
- $20,000 bank exchange limit
- 100% free for transactions with Netflix and Spotify and a 10% charge for using Expedia but no access to airbnb.
- 500 lock up
- 1.5% cash back
- Free monthly ATM withdrawal limit of $600 and a 2% charge beyond that.
- 100% free transactions for Netflix and Spotify.
These and more are the benefits of using the services provided by crypto.com.
The striking feature about this platform is the simplicity and hassle free nature required to create an account and inject crypto into your daily life.
For more information about the cards, follow this link
You can also visit the Homepage
Disclaimer
This is not financial advice, nor a guarantee or promise in regards to any result that may be obtained from using the above content. The information provided here is for informational and entertainment purposes only. It should not be considered as financial and/or investment advice. No person should make any kind of financial decision without first consulting their own financial adviser and/or conducting their own research and due diligence.