This isn't meant to be a super detailed review. I think it is up to you to research how you handle your funds, and if you can't do that then I don't have the patience to do it for you. Instead, this is a data point. I am making this post because I had no idea that this site existed until a few months ago. And I'm pissed off that they don't do marketing because "well we want to scale slowly."
What you need to know about me: I have transacted over 20 bitcoins at once in the course of my life. I'm currently in possession of more than that amount, but they are not in one central wallet. Here's simple proof I made by signing my identity with one of the addresses that's done a 26 BTC transaction (check this on
blockchain.info/address/18Bvmu121m92GK8auE6F33dogxh2sxhU6q):
HwYq9UQfhtWrkGSU22LM/g6UDKbfnP8z96iLYjjgg4P1HpXAYbrIA0Q2K1WTvBEltkKPKXF0Csh1qacb6ghEweE= (address 18Bvmu121m92GK8auE6F33dogxh2sxhU6q)
I really don't think you need to know anything else about me, because like I said, do your own research.
Everyone knows about Bitconnect, the Wavecrest debacle, Xapo, etc. The main thing I want to talk about at Crypto.com is their MCO Visa card, because I care about that the most. Essentially, it works as freaking advertised: I get 4% cashback on every purchase paid immediately in a token exchangeable on Bittrex and Binance both, free Netflix and Spotify, and my flights are ALL 10% off.
That's basically all there is to it. They actually did a crypto-backed debit card, and did it right. Unlike Bitpay and Shift (I live in the US), there aren't any fees. And in a stroke of brilliance, they make their money off of lending out the money I put into the app. This is literally how banks make their money. They're competing with banks, not exchanges.
tl;dr -- if the concept of a VISA debit card with a $25,000 purchase limit, $1,000 free ATM withdrawals monthly, and no foreign transaction fees, along with rewards beating the Chase Sapphire Reserve despite not having an annual fee, I highly recommend you
research this company.
Talk to people, contact support and grill them, run background checks on the CEO, whatever.and for the love of GOD don't you DARE respond with some crap about spend.com. Their CEO is literally in mountains of debt and they have links to known former ponzi schemes. Also they willfully exclude have their executives from their about page because they have no experience whatsoever. Meanwhile, crypto.com literally has former PAYPAL execs on board, and their CEO does monthly live AMAs with Discord and reddit.
Sign-up link (yes it's a referral code i'm not stupid): tinyurl / getmco
Good job reading my essay, and here's a comparison between what I got and another product from a company that a few people here and there think has good design:
https://succ.in/i/6adHLnl6.jpg
