Up to 12% p.a. with stable coins? Let's try out Crypto.com app for passive income
Crypto.com has recently announced the Crypto.com Earn 3.0. Users can use their wallet balance to get a considerable passive income simply by using the Earn function. Every 7 days, the coins will be credited to your wallet balance and the highest interest rate is 12% for stable coins!(You have to lock up 500 MCO) For now, it only supports TUSD, PAX and USDC. It seems that the support for USDT is under development.
Even without locking of MCO tokens, it has 10% p.a.
but not every country and region supports the Earn function due to regulatory problems.
The interest rate of Crypto.com's own blockchain CRO tokens even reached up to 18%, SO FREAKING CRAZY!
One more question, how to ensure the funds are SAFU?
Crypto.com uses 100% cold storage and the users' funds are insured by third party, with a US $100M insurance. Crypto.com has a strategic partnership with Ledger(company manufacturing Ledger Nano S/X) to secure the funds.
You can visit their website if you are not confident enough:
https://crypto.com/en/security.html
DO your own research!
There are three types: Flexible, one-month and three-month, and the interest rates are different. (Of course)
And what does Crypto.com do? The answer is VISA card payment. You can directly pay in your daily life using their cards, and it even has cash rebates in terms of MCO! I saw my friend used the card to pay for his lunch using this card. It works!
It is undoubtedly the best way to bring CRYPTO to the real LIFE!
The Royal Indigo is the middle tier, you need to lock up 500 MCO for 6 months to get the card. Using the card to pay can have 3% cashback in terms of MCO, and have free access to airport lounges, Netflix and Spotify. No extra fees. It seems WORTH it. With currently BTC dominance over 70%, most altcoin have a really cheap price.
The black one is awesome, but seems difficult to get, you have to lock 50,000 MCO to get it. (So I am not gonna talk about it)
Crypto.com has 130 + employees worldwide, and it is an established company in the cryptocurrency space. I am sure many of you have heard of the name of the company, so you can trust them to put your funds there.
Its such a pity that it does not support STEEM(but support its sibling EOS) at the moment, otherwise we can directly use STEEM to pay using the card!
If you are interested, you can download it via my referral link:https://platinum.crypto.com/r/cb2bjdzqyk
and we can both get $50 worth of MCO, in USD!
but you need to stake 50 MCO to unlock them, since this is a promotional campaign.
You can visit their Telegram group by the link below:
https://t.me/CryptoComOfficial
I have actually tried, and it works :)
Great! Which country are you from?
Denmark, you?
HK
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yeah man, also, signup for CASHAPP card using my domain i bought for my ref link and you get $5 free and a free Bitcoin Debit Card http://CashAppcard.org
yeah man, also, signup for CASHAPP card using my domain i bought for my ref link and you get $5 free and a free Bitcoin Debit Card http://CashAppcard.org
Good for HK resident?
Does not support HK due to regulatory problem, but you can give it a try if you have a foreign passport. Taiwan seems can
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3 major problems:
versus ~11% at non-custodial, DeFi products such as compound.finance
choose your poison wisely
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As a follower of @followforupvotes this post has been randomly selected and upvoted! Enjoy your upvote and have a great day!
加油！@htliao，
来自鸽子在Marlians的支持。
Do I need to provdide other personal details such as proof of income and address to obtain the card? Thank you!
oh yeah, how rich are you? huh? you thought we are poor, huh? so we don't deserve this silly card!?
哼哼！Only tycoons like me can afford this card! 不瞞你說我拿的是北極護照，在提供地址證明方面出了些問題，不許你吵！😡另外我最近開了間“片梓國際有限公司”, 與發行這張卡的公司合作，允許像你這樣的人申請黑卡！如有興趣請聯絡@susanlo！沒興趣也要聯絡，否則自動幫你申請！
你弟弟蘇五牧羊北海邊，你蘇三是北極人，似乎也不意外。我剛好也開了間“灑紫國際”，想跟你談合作，一起開一片韭菜農場，引進AI跟Blockchain，自動化快速割菜... 怎麼樣？
p.s.黑卡就直接寄來吧
果然有見識！唉，想當年我大弟弟蘇四捲入新舊黨爭而屢受排斥，自此我們兄弟都各自逃到渺無人煙之地......往事不堪回首，還是活在當下好了！我對你的公司非常有興趣！不過我入資的前提是要我做主席哦❤️
p.s. 黑卡已經寄出，100BTC年費已從閣下帳戶轉入片梓國際帳號，多謝合作！
No, but you need to pass the KYC using your passport/ ID card
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You got a 17.83% upvote from @ocdb courtesy of @htliao!
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